Trade Updates

Dan previewed NKE’s Q2 earnings report yesterday and detailed a hedge for those long the stock. With the stock higher on the report and about a month until the hedge expires I wanted to check …

Dan looked at Costco (COST) stock into its earnings last week and noticed a descending wedge on the chart. That, combined with broad market conditions where rallies are quickly sold meant that a big beat …

In November Dan checked in on 3M (MMM) after it had rallied 13% from post earnings lows in late October. Dan’s view was that the rally likely had to do with the collapse in oil …

On Friday afternoon I took a look at the set up in bank stocks into year-end (read: Bank Stocks… The Good, The Bad and The Ugly) focusing on the underperformance in the group to the broad market, …

In October, when XOP (S&P Oil and Gas ETF) was 39.20 Dan looked at the technical setup, having just broken support at 40 as well as fundamental issues like rates, oil prices and dollar and …

At the end of October Dan check in on chip equipment maker KLA Tencor (KLAC) which had been beaten up on bad guidance and in a sector that’s been in the bears’ sights for the …

Into Nvidia (NVDA) Q3 earnings on November 15th, Dan previewed the event and detailed a couple of trade ideas, one a very low cost bullish idea targeting the expected move higher and one more aggressive …

On Wednesday I detailed my near-term bearish view on the Nasdaq 100, specifically the 4 or 5 stocks that make up a disproportionate amount of the index’s weight, read below. I wanted to quickly update …

On September 12th I detailed my bearish view on bank stocks (‘You Come At the King, You Best Not Miss’) following some financial disclosures from a few of the large money-center banks regarding Q3 financial …

On Oct 1st I made a near-term bearish case for consumer staples stocks, via the etf that tracks the sector the XLP (Have You Tried Staples?) suggesting: The third largest holding, PepsiCo (PEP) is scheduled …