I normally do not talk about overall results. After all, you’re only as good as your last trade and there is no doubt some bad karma exists when you start boasting about it. However, I wanted to point out our consistent and measurable gains over the last several weeks. Trades are documented, timestamped…
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Lots of convergences about to play out this coming week with a plethora of earnings, a Fed meeting and important economic data including a first look at 4th quarter GDP. Markets could be considered overbought or neutral by different metrics. Sentiment has become rather ‘bulled up’ (more on that below) but that is not necessarily…
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The Shadow Knows – That is a line from long-running radio program ‘The Shadow’ during the go-go days of the 30’s, 40’s and 50’s. Well, in 2012 there is another ‘shadow’ out there – and it KNOWS ALL. I’m talking about the portfolio shadow, a platform that tracks trades, performance and positions. The very easy-to-use…
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That rumbling you hear is not the pitter-patter of little feet, instead it is the coming earnings season, where companies step into the confessional and talk about the recently finished quarter. I expect some good and bad, but this week we warm up with some high profile names. On my radar: IBM, FCX, UNP, EBAY,…
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To be sure, there are always earnings – but four times a year the confessional is filled with mass quantities that last for a good five weeks. It’s one of my favorite times of year. Why? As an option player there is no better time – big moves, sometimes gargantuan moves. I expect some great…
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These first two weeks of the new year have proven to be a bountiful harvest for us. Trading options and scoring wins is not easy to come by. If you have any experience whatsoever you know what I am talking about. However, these last couple of weeks have scored us some amazing gains. This week…
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A strong gap held up Tuesday as the market consolidation around SPX 1270 or so ended today. The volume was still weak showing a lack of institutional participation but breadth was decent. The VIX picked up the pace but the indices closed at their highest levels since July 29, eclipsing the October highs. It’s earnings…
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On Monday Jan 9 we identified a situation with Netflix, and we took advantage. The stock was in a massive squeeze and pushed higher all day long. We got on board and road this to a near double….in about an hour! What’s your time worth to you? We do much of our work on twitter,…
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…so goes the rest of the year. That is just one of three anecdotes this week, the other two being the end of the Santa Claus rally and the first five days of January (so goes the month). Wednesday was the end of the Santa Claus rally and it appeared to be a successful one,…
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A pretty decent comeback by the markets today. After an early drop of 1% on modest volume the buyers stepped up and picked up the pieces. Breadth was weak all day but improved as the session went along. We saw good opportunities in tech and financials at midday, and struck with some trades. We picked…
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