I guess after a massive move up in just three weeks one has to be asking themselves this question. 200 points higher in the SPX, more than 1000 points higher in the Dow and the Nasdaq, teetering on a major breakdown is now within striking distance of multi-year highs. Just before this rally started it…
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It’s been a good week of earnings plays for us, today is the last one this week. I like some of the names that are on tap for tonite, including DRIV and DECK. However, I’ll go with old favorites here that should really pop if the earnings come through. LVS looks good for a play…
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We’ve had a few good plays so far this earnings week and we’ll add a couple more today. The charts below show our ideas for a put play on V (earnings after the close today) and a call play on SRCL (earnings after the close today).
Today we’ll put out a couple of industrial names. There are several that look strong here in front of earnings but these two are on the radar. CBI is a name which we bought in the service on Monday while we have not played BA yet, we could get on board later in the day. …
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Today is the first installment of earnings plays during this, the busiest week yet for 3rd Q earnings. There are several that look attractive post Monday’s afternoon earnings – such as OMI, ETH, HXL and WSH, my favorite plays for Monday come down to AMGN and RCII. I only wanted to play one but they…
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Four weeks of market rally but does it feel that way? After all, the high in September of 1220 was just exceeded a couple of times this week. Mind you Friday’s close seemed quite bullish but let’s remember how these rushes have recently ended – badly. Market breakouts like this are normally there for the…
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For the last couple of quarters I have avoided playing Google in front of earnings. The hype and expectations for a big move continue to be priced in, and when they deliver or miss big the option prices are reflecting it. This past week Google hit one out of the park and was rewarded in…
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All we needed was a bit more fear and walking out on the ledge of ‘market death’ to bring everyone back to reality. All is well here on the homeland and in Europe again – thanks to that great little machine we call the printing press. I’m probably being a bit facetious but the investing…
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Markets added to recent gains on Wednesday but something was clearly absent – good volume. Recall we follow the time-tested tenets of strong volume and follow-through, along with good price action. These are the primary signals we look for in playing both bull and bear trends. There is no denying stocks have been on a…
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Have you ever been to an amusement park, waited in a line for ninety minutes at the best rollercoaster in the land, finally stepped into that monstrous and fast vehicle, be taken for a ride and then in two minutes – it’s over? What an adrenaline rush. That is what the FAZ offers – some…
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