What is the Price of Copper Saying?
Yesterday, the copper market gave a whispered that the first leg of the “infrastructure trade” may be coming to an end, at least for the time being. The chart below shows…
What is a FEZ?
“The fez (Turkish: fes, plural fezzes or fezes, from Arabic Faas ” فاس “, the main town of Morocco before 1927[1]), as well as its equivalent, the tarboosh (Arabic: طربوش,…
Will Earnings Charge Up Tesla Shareholders? (updated Feb 22)
Tesla is scheduled to report their Q4 2016 and FY2016 operating results Wednesday, February 22nd after the close. (view the earnings Webcast here at 5:30 ET/2:30 PT) Tesla is the most well-known…
Month in Review February 2017
Friday, February 17, 2017, was the expiration date for standard monthly options. For anyone who has a position that is about to expire, they need to make some decisions. They…
Walmart 2016 Earnings Report
Walmart (WMT) reported earnings this morning and the stock is trading up over $2.00 on the news. For a full copy of press release, click here. The company reported EPS…
The Week Ahead
The Week Ahead February 20th – 24th, 2017 February 20th starts a holiday-shortened week as US markets will be closed Monday, February 19th in observance of Presidents Day. Federal Reserve Bank…
Long Live King Copper?
Tuesday, February 14th on CNBC’s Fast Money I highlighted some substantial bearish activity in Freeport-McMoRan (FCX). Specifically short-dated puts traded over 81,000 contracts, well above the 31,600 20 day average…
Options Suggest $SHAK will decline 15% by January
If you like burgers and milkshakes, chances are you’ve heard of Shake Shack. Started by well-known chef and restaurateur Danny Meyer and run by Randy Garutti, the company describes itself…