soda
Yesterday sure was a gap and trap as the market faded most of the day, then tried to recoup some losses at the end, like it tends to do. Today the futures are flat and there is no economic news out. We do have some earnings with BIG and AZO. BIG beat and looks good PM, i know UPB was talking about it Sunday night in his week ahead as… Read More
Welcome to December! Looks like we will start the morning in the green as futures are up. China had some more decent numbers overnight and the concerns of China’s economy coming to a crashing halt seem to be fading. Christmas Elf Tim Geithner was on the Sunday Morning talk shows trying to alleviate “Fiscal Cliff” fears. If you read the watchlist every morning you would know my thoughts, that… Read More
Folks are becoming quite bullish on SodaStream as the call buying has been extremely active today. Over 7,500 calls have been purchased today versus only 300 puts. This includes a 2100 block of the Dec 42.50 calls. We are also very bullish on SodaStream and think a long awaited breakout is looming. We will have another write-up on SodaStream (SODA) tonight.
Here were some of the trades today, the 2k… Read More
Another great day yesterday, as the market rallied off market lows and finished strong. Futures are solid green as I write this, even with some big #’s due out that include GDP and jobless claims. I said it in the chatroom yesterday that I tend to tune out the noise so I really dont pay much attention to those numbers. I think the recent market action points towards the $150… Read More
This is not the first or second time we have written about SodaStream(SODA) at OptionMillionaires, and why should it be? Stocks like SodaStream(SODA) are an option traders wet dream with a history of violent swings. Any good trader knows history can tend to repeat itself, and we fully expect it to happen with SodaStream(SODA) over the next 2 weeks leading up to earnings on November 7th. Two of… Read More
So far so good to start this week as the futures are solid green once again. Earnings season is starting to heat up as Goldman Sacks, Coca-Cola, and quite a few other stocks reported earnings this morning, with much more after the bell. Looks like Spain is going to work out a bailout finally. which bodes well for a risk-on environment, at least for the short term. Remember, I… Read More
With yesterdays holiday past us, today is poised to bring more volatility and volume. We have quite a bit of data and news coming out. The Jobs numbers and GDP numbers as well as durable goods orders giving mixed signals. Jobless claims dropped to the lowest level in months while durable goods orders also dropped and GDP came in below ests. Futures were ramping overnight and this morning and… Read More
Another day, another 4 1/2 year high hit. Think this will be the story through september. Yesterday was a solid day with a last minute sell-off, which seems to be the action as of late. The Germany concerns about ratifying the ECB bond purchases became a non-issue and stocks are moving up this morning. I am probably going to be reducing positions heading into Thursday as I think the risk… Read More
What a great start to the week with CMG continuation and SODA explosion. Lets hope the MOJO continues. As long as this market stays somewhat flat and melts higher these multi-day runners should continue. ONTO THE WATCHLIST:
SODA – like her for a multi-day breakout. With GMCR continuing to run expect some carry-over to SODA. Stock should be over $50 already IMHO so anything is possible. Grabbed 42.50/45 calls ontop… Read More
Sodastream (SODA) is a company we have been high on for sometime and have wrote about her throughout 2012. This company has continued to produce huge results quarter after quarter, only to find the shorts holding larger and larger positions. This mornings earnings release and subsequent conference call was music to stockholders ears. Not only did they beat estimates and raise their outlook, but also announced they are finally… Read More
