stock chat
We have written about NetFlix (NFLX) quite a few times over the past year, and have shared our somewhat bullish outlook. This stock has had an epic fall from grace that all other growth stories will be compared to going forward. The question to ask is if the growth story is over or are we in Chapter 3 of a novel? Time will tell as this NetFlix story is filled… 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
By 5pm Sunday when the Forex markets open, we should be able to assess the damage Greece has unleashed upon the financial world. World economic Armageddon is coming… Haven’t you read the papers or watched the news? The Greek vote is being compared to the most dire financial events in history. A win by the leftist party Syriza will ignite panic in equity markets on Monday. Who… Read More
FactSet Research Systems Inc. (FDS) reported some nice earnings this morning, but their Q4 outlook raised some concerns. The stock plummeted at the open to $93.53, an $11+ drop. We think sellers are over exaggerating the outlook and the stock will bounce. We spoke about it in our chat room pre-market, and looked for $100 calls as the strike with the highest reward and lowest risk. Time will… Read More
Who can forget the start of 2012 when Netflix (NFLX) went on a 6 day rampage. It was an option traders wet dream as the stock ran from $69 to $99.65 in 6 trading sessions. The Catalyst? Well thats a mystery. Was it the news that folks watched over 2 billion hours of Netflix videos over a 3 month span in the fourth quarter of 2011? Or maybe it was… 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
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.
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
How is it that the most hyped IPO in recent memory closed just in the green instead of up 50% on it’s first day? Was it from the constant upward pricing of the offering in the weeks prior to the IPO on the so-called pent up retail demand(THE SHEEP). Possibly, but maybe it because folks on the inside were getting a bit nervous about holding their shares longer then… 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
