Trade Update – $SHAK: Kazaam!


On February 23rd I laid out a bullish cash for shares of Shake Shack (SHAK), totally disregarding valuation and bought the stock just below $43 on some (frankly) pie in the sky stuff, watch … [Read more...]

Chart of the Day – $CMG: Burrito Loco


Chipolte (CMG) reports their Q4 results tonight after the close.  The options market is implying about a 7% one day move which is shy to the 4 qtr avg of about 9% and the 8 qtr near 10%. To state the … [Read more...]

Name That Trade – $CMG: Mexican Standoff


Following Chipotle's (CMG) Q3 results on October 20th, the stock did the unthinkable, it sold off.  The stock's one day decline the next day was the result of management's forward guidance that same … [Read more...]

$CMG Q3 Earnings Cheat Sheet


Event: CMG reports its Q3 results tonight after the close, and the options market is implying about a 7.5% one day move. Over the last 4 qtrs, the avg one day move has been about 11.5%, and the 8 qtr … [Read more...]

Chart of the Day – $CMG: Burrito Loco


Chipotle fits in the category of "Getting Up Off of the Mat" that Dan laid out in yesterday's MorningWord post.  The stock sold off from an all-time high of $622.90 in late March to a low of $475 in … [Read more...]

New Trade $NFLX – Bounce of Cards


NFLX is higher today on an earnings beat and the announcement that it will be raising prices for new customers. The stock had been pummeled lately in the high flyer selloff and has now bounced back to … [Read more...]