chat
Just wanted to let folks know that we are always looking to improve the site and appreciate all the feedback we receive to make it happen. We are implementing a new chat room service over the next few days that will alleviate all the issues folks have been having the past few months with JAVA. The new chatroom will also have some more bells and whistles. Stay tuned for… Read More
How does that saying go? When it smells like shit, looks like shit, tastes like shit, and came out of an a^^hole… it probably is shit… right? Well yeah. So lets apply those adjectives to the world economy: little to no growth in developed economies, huge debt issues in europe, a slowing china economy, a U.S. fiscal cliff, along with political unrest and change in some of the emerging countries.… Read More
Did the title to this blog post get your attention? I hope it did. Fear is a powerful emotion that can cause irrational decisions by typically normal folks.
Fear is a distressing negative sensation induced by a perceived threat. It is a basic survival mechanism occurring in response to a specific stimulus, such as pain or the threat of danger.
The market in May… Read More
CME Group (CME) is a stock that has been very kind to us over the years. At the start of 2012, we were able to position ourselves with some calls into earnings and banked some serious coin. Take a look at the charts below for the call. And this was what we were saying before the stock took off: “CME GOING TO GET LEGS” ; CME GROUP
On April 4th, the market hit a 4 year high as the $SPY touched $142.21. If you had told someone last October that the market would be up nearly 40% 6 months later, they would call you crazy. But that is exactly what happened from the 107.43 low on October 4th. Amongst all the negative sentiment, the market mysteriously found a bottom and rallied furiously, squeezing all the bears…… Read More
Origin Agritech (SEED) is one of those China stocks that will run 200-300% in a day, like it has in the past. Today it is getting some nice ask volume, so we are positioning ourselves with some June 16th $2 calls at .05. Options provide a great opportunity to take little risk and have possible large returns. We think Origin Agritech (SEED) may provide that sometime soon.
We have written about AutoZone, Inc.(AZO) many times over the past year. This is a stock that has moved consistently to the upside since hitting $84 in late 2008. The stock price has been buoyed by great earnings and a strong buyback program. Last week Advanced Auto Parts (AAP) gave some weak guidance which shook the auto parts sector. AutoZone, Inc (AZO) took it on the chin falling nearly 6%… Read More
May 22nd Watchlist
What a great day yesterday, as the market shook off an opening drop and ramped up the rest of the day. Moves like that are the kind that options traders dream for… One directional! We haven’t had that in a few weeks, and most of the calls purchased Friday or at the open, were up big. Of course AAPL was the big winner as the 565 strikes… Read More
Facebook (FB) fell sharply at the open today, falling 12% to $33. This can only be good news for Apple(AAPL), as folks will look to go back into something that is actually extremely undervalued at $536. We expect Apple (AAPL) to trade over $560 this week and purchased the $565 calls for .68. We will continue to add as we think Apple (AAPL) we perform almost like a ‘flight to… Read More
It seems every week there is a stock in the retail sector moving 15%+. Fossil (FOSL), Deckers Outdoor Corp (DECK), and JC Penney (JCP) all saw their shares ripped to shreds on disappointing earnings and lower outlooks. Is the economy really starting to show signs of cracking? Maybe analysts had the bar set to high? I am sure its some of those reasons and more, but there are companies that… Read More
