Reflections
2019 is close to 1/3rd complete and the equity markets seem to be at an interesting juncture. The swift and brutal selloff in Q4-2018 caught most investors by surprise, ourselves…
CMG Trade Management & Update
Just a few weeks ago back on March 30, we discussed the investment merits of Chipotle Mexican Grill (CMG). Mike noted that the options were expensive as was the stock.…
Update | Options Expiration
Standard monthly options will expire at the end of the week. We have 6 open positions which are a little more than normal as we were trying to be patient to…
The Week Ahead | 4/15/2019
Last Friday Mike and Carter talked about the Real Estate Reit ETF IYR. Since last year, the ETF has beenan out performer and they think that it is a…
REITs | Trade Strategy… Mean Reversion or Trend Following?
Carter Braxton Worth took a stab at the Real Estate Sector on Options Action last Friday. He and Mike pointed out a few interesting tidbits that are worth discussing. We…
Spring Time at Home Depot (HD)
Its that time of year. Homeowners are starting the process of fixing up their house and gardens. That means people will be buying lumber, drywall, appliances, plants, outdoor furniture, etc.…
Netflix Update
Back on March 6, we discussed the investment merits of Netflix (NFLX). In that note, we suggested that the stock that could once do no wrong is a company about…
ATT, Give Me a Call!
ATT (T), Ma Bell, the enterprise where telecommunications all started and the original telephone company to bring telephony services to people everywhere. ATT has grown massively from a small monopoly carrier…
The Week Ahead | 4/8/2019
Did you catch CNBC Options Action Last Friday? Mike Khouw and Carter Worth identified the IWM – Russell 2000 as the catch up trade. The SP 500 is hitting…
Dude… Can You Give Me a Lyft?
Lyft, Inc. (LYFT) became a publicly held company on March 29. The IPO price was $72 a share which gave the company a market capitalization of about $24.3 billion dollars.…
China “A” Shares
Back on 27-Feb-2019, we discussed the Chinese stock market. At that time, we went from neutral to bullish on Chinese equities. This was clearly a contrarian position as their stock…
Micron Technology (MU)
Micron Technologies is an example of a stock that seems to defy logic. Here we are in an expanding economy and investors price the stock as if it were about…