Close Your Position on Target Corp (TGT)
Back on January 17, 2016 we suggested investors consider a bullish risk-reversal on Target Corp. (TGT), the general merchandise retailer. Our bullish call rested on a number of factors. (1)…
Is Caution Warranted on the Price of Bitcoin?
Bitcoin is an interesting idea and one we think those with a libertarian bend would embrace. Bitcoin is a type of digital currency much like modern day currencies that reside…
Express Scripts Overdosing on Uncertainty?
Express Scripts Holding Company, Inc. (ESRX) is a Pharmacy Benefits Management (PBM) company operating in the US, Canada, and Europe. Their services include network-pharmacy claims processing, home delivery pharmacy care,…
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…
The Real Reason for the Collapse in Volatility
The average observer would say that volatility of returns on the major stock averages is low because stocks are sticking close to their trend. Those that are rising, do not…
The Dollar Versus the Euro
We are starting to hear some chatter now that the dollar is over valued and one should start thinking about buying the Euro and selling the US Dollar. When there…
How Big Can This Box Retailer Get?
Wednesday February 15th on Fast Money we discussed some unusual Options Action in Home Depot (HD) which hit a new high of 142.66 today. An opening buyer paid .42 for 1,332…