October 12, 2018 by Dan • Morning Word

Regular readers know that since the Semiconductor group, as measured by the SMH etf topped out in March I have been rolling a bearish view, most recently in August (SMH MEH) and in September (A Semi …

Continue reading
August 21, 2018 by Dan • Morning Word

Target (TGT) will report their fiscal Q2 results tomorrow before the open. The options market is implying about a 7.5% one day move, which is rich to its four-quarter average one-day post-earnings move of about 5.5%, …

Continue reading
July 27, 2018 by Dan • Morning Word

Let’s begin with the broad market… Did the S&P 500 (SPX) just put in an epic double top?? I have no idea, but it is interesting that the SPX failed today, after the most telegraphed …

Continue reading
August 3, 2017 by CC • Morning Word

Yesterday we detailed a defined risk bullish trade idea into Tesla (TSLA) earnings. Here was the trade idea and rationale: Buy the TSLA ($319) Aug4th/ Sept 340 call calendar for $7 Sell 1 Aug4th 340 …

Continue reading
July 19, 2017 by Dan • Morning Word

Shares of Facebook (FB) made a new all time closing high yesterday, and following through today, placing the stock up 42% on the year and resulting in a nearly $150 billion ytd market cap gain. …

Continue reading
June 14, 2017 by CC • Morning Word

It’s been a bit since we checked in on volatility in the market. In a nutshell, apart from the couple of day selloff in big tech names we saw last week, there hasn’t been much. …

Continue reading
June 8, 2017 by CC • Morning Word

We’ve fielded a few questions lately on SNAP stock. One, in particular, yesterday was looking to position for downside looking out to August but was a little shocked at the price of puts. We wanted …

Continue reading
May 24, 2017 by Dan • Morning Word

Yesterday we took a look Under the Hood of the performance by sector in the S&P 500 (SPX) and frankly, the crowding in a handful of stocks of near monopolistic companies, strength in utilities and consumer staples, and …

Continue reading
May 23, 2017 by Dan • Morning Word

On last night’s Fast Money on CNBC we opened the program with a discussion of whether or not investors looking to put fresh money to work in the stock market should stick with winning sectors …

Continue reading