February 27, 2017 by Dan • Big Printin'

Surprisingly in 2017, sectors deemed to be yield proxies like Utilities and REITS have faired pretty well despite the backdrop of economic reflation ruling the rhetoric in both economic and political circles. The S&P Utilities …

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February 27, 2017 by Dan • Trade Ideas

The cloud-based applications software provider, Workday (WDAY) will report fiscal Q4 results tonight after the close. The options market is implying about a 7.5% one day post earnings move which is shy to its 4 …

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February 27, 2017 by Dan • Trade Ideas

Priceline (PCLN) reports their fiscal Q4 results tonight after the close, the implied one day move in the options market ~4.5%, well shy of the 4 qtr average post earnings one day move of about 7.3%. …

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February 24, 2017 by Dan • Trade Ideas

Shares of Johnson & Johnson (JNJ) are up 6% on the year, slightly out-performing the S&P 500’s (SPX) 5.4% ytd gains. Surprisingly the stock is up 10% (in what feels like a straight line) since issuing …

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February 24, 2017 by Dan • Morning Word

In a market that has no fear, with volatility unusually low, it’s usually a good time to look the other way and check for chinks in the armor. Yesterday saw the total collapse of 2016’s …

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February 23, 2017 by Dan • Trade Ideas

Tonight, Chinese search giant Baidu (BIDU) will report fiscal Q4 results. The implied move in the options market is about 5% in either direction, which is basically in line with the average one day move …

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February 23, 2017 by Dan • Morning Word

I just watched an interview on CNBC where hedge fund manager David Gerstenhaber of Argonaut Management discussed his investment outlook and current positioning. In a nutshell, he is “lightly” long equities, short short-dated Treasuries and apparently long …

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February 22, 2017 by Dan • Big Printin'

It’s been a tough few years for department stores. The investment world is clearly wondering if we need Macy’s and Dillard’s, Saks Fifth Avenue and Nordstrom, Kohl’s and JC Penny in the same world as …

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