The S&P 500 (SPX) clawed back a good bit of its early 1% losses by days end. One noticeable theme in today’s trading was options traders rolling existing positions: GS: bank stocks under-performed the broad market most of the day, with …
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In 2015 the energy sector, measured by the S&P Energy Select etf (XLE) was the worst performing group, down 22%. In 2016, the XLE is the best performing group, up nearly 20%. As we barrel into year end, …
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Yield proxies have taken it on the chin of late, with Reits, Homebuilders, Utilities and Telcos (AT&T & VZ) all down about 10% since July, after expectations for late 2016 rate hikes increased. An interesting …
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Amazon.com wants to eff up the streaming music business the way it has almost every other business it has entered. Their “business” model when they enter a new market is not too focused on such …
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Expectations for a Fed Funds rate increase at the November 2nd FOMC meeting aren’t particularity high at only about a 19%. For all intents and purposes, this might as well be zero, especially just 6 days …
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A couple weeks ago, despite not expecting too many differences from my iPhone 6s, I bought the iPhone 7. I had not intended to upgrade (my wife accidentally destroyed her iPhone 6+ that week). I’ve had …
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Here is some apparently directional untied options activity that caught my eye in today’s trading: DLTR: Shares of the dollar store are down 22% from their all time highs made in mid August, and having …
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As unpredictable the first half of 2016 were in financial markets, the back half is proving to be stranger. The 12% peak to trough decline in January & February caught most off-sides, and then again with the post …
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Markets (and finance Twitter) were readying all week to one piece of data that came out from the labor department this morning at 8:30. Plenty of time and energy has been spent predicting what a …
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On the open today Whole Foods (WFM) was trading within 1% of its 52 week and 5 year low. Then take-over chatter caused a 5% rip: To suggest the technical set up in WFM is …
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