Will the Equity Market Trick (Almost) Everyone?
The equity markets are in the process of confusing every short to intermediate term trader. For the past few weeks, the S&P 500 has been in turmoil, giving fits to…
Financial Sector Fund (XLF) | Teachable Moment for a Bank Shot
Last Friday the team on CNBC's Options Action discussed the merits of taking a bearish position in XLF and did so with good reason. The investors in the financial markets…
Close Bearish Facebook (FB) Trade
On March 10, we suggested investors take a bearish position on Facebook (FB). From our analysis, we thought they were beginning to lag in the online advertising space. Google is…
We Were Prepared | Now Is the Time To Keep Your Cool
For the past few months we have been talking about the possibility of the kind of selloff we are experiencing at the moment. Investors became too bullish and too complacent…
What Keeps a Billionaire Investor Up at Night?
If I were a billionaire, probably nothing at all... Every time we open up a web page, newspaper, magazine or flip on our favorite TV channel, we are told about all…
Stock Prices | A Battle Between Optimism and Pessimism
The battle between optimism and pessimism is playing out in full regalia. After falling about 5.9% last week, the S&P500 rocketed 2.7% higher yesterday, putting in the best one-day performance in…
Will this Chip Shot Hit a Birdie?
Tech has been the leader of the market rally since the financial crisis. We have noted in previous articles that the NASDAQ index has finally reached the peak reached in…
Hated Stocks
Investor sentiment swings from optimism to pessimism and back again continuously. Sometimes these emotional swings attach themselves to individual stocks, sometimes they attach themselves asset classes, technologies or even counties.…
Oracle Post Mortem | The Future was Clear, Investor Response was Not
Yesterday, we added to the discussion of Oracle started by the gang on Options Action on Friday. Carter and Mike discussed an earnings play. Oracle reported earnings last night and…
Fed Week | What’s Next for Bonds and Rates
The Federal Reserve Board is having their policy meeting this week. Investors and prognosticators are keeping a sharp eye on this meeting as this is the first meeting where Jerome…