In July we detailed a call calendar in the energy etf XLE. From July 18th: XLE ($64.90) Buy the Aug/ Dec 68 call calendar for 1.15 Sell 1 Aug 68 call at 17 cents Buy …
Continue readingUpdate – XLE Low Energy. Sad!
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Back on August 15th shares of The Home Depot (HD) had a negative reaction (closing down 2.65% on the day) following what was, for the most part, a very solid Q2 and guidance. Now with …
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On Tuesday, September 12th Apple (AAPL) will introduce their 10th Anniversary iPhone, coupled with a refresh of their 7s/Plus lines plus the possibility of a new Watch that would work independently of an iPhone. For …
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Yesterday (read here) we updated a bullish trade idea in the S&P Energy Select etf, the XLE as it approached the downtrend that has been in place from its post election 52-week highs: For those …
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In July we wrote about the energy sector, focusing particularly on its relationship to the dollar. We also detailed a call calendar in the Energy etf XLE as it neared the upper band of its …
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Tonight after the close, enterprise cloud software vendor for the insurance industry, Guidewire (GWRE) will report their fiscal Q4 results. The options market is implying about a 5% move in either direction, which is basically in …
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The Semiconductor etf, the SMH is down 1.4% as I write, outperforming the Nasdaq’s 1%. There are two outliers worth noting in the space today, first the best-performing stock in the etf ytd, Nvidia (NVDA), up …
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