Posts Tagged ‘MIPS’

Bullish Bets On Burritos And Handguns Payoff As CMG, SWHC Soar

 

Today’s tickers: CMG, SWHC & MIPS

CMG - Chipotle Mexican Grill, Inc. – Traders who initiated bullish bets on burrito maker, Chipotle Mexican Grill, on Thursday are sitting on serious overnight paper profits this morning, with shares in the restaurant operator up as much as 6.75% to hit $322.74 in the first half of the session. Some strategists hungry for an end-of-week rally in CMG looked to the weekly options contracts that are now in their final day of trading. Call open interest at the Sep. 07 ’12 $300 strike increased by 773 contracts since the prior session to total 1,501 contracts, with the majority of the fresh interest initiated by buyers paying an average premium of $0.30 per contract on Thursday morning. At the time of purchase, the calls were out-of-the-money given the underlying share price of roughly $294.00. But, by the close of trading on Thursday, the call options were squarely in-the-money with the stock ending the session at $302.33. The rally in CMG shares yesterday lifted premium on the calls to around $3.40 each by the end of the day, an 11-fold increase over the $0.30 per contract paid by early-bird buyers on Thursday morning. Fast forward to Friday morning; the sharp rally in Chipotle shares now has those $300 strike weekly calls deep in-the-money with a bid/ask spread of $22.20/$23.20 as of 11:30 a.m. in New York. Selling-to-close the positions now at $22.20 would make for overnight gains of around 7,300%. Traders could also decide to roll the calls out to maintain upside exposure in the name, or may hold the contracts through expiration and take delivery of the stock at an effective price of $300.30 a share. Like-minded bulls that purchased upside calls in the newly issued Sep. 14 ’12 expiration weekly options yesterday are seeing big gains in the value of their positions, as well.

SWHC - Smith & Wesson Holding Corp. – Shares in gun maker, Smith &…
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Phil's Favorites

The digital economy is becoming ordinary. Best we understand it

 

The digital economy is becoming ordinary. Best we understand it

The digital economy includes small holder farmers being able to access finance on a mobile device without having to go to a bank. Shutterstock

Courtesy of Brian Armstrong, University of the Witwatersrand

The digital economy has been getting a lot of attention, with increasingly strong headlines offering apocalyptic as well as breathtakingly exciting scenarios. Some warn of job losses due to automation, some wonder at the things digital technology can do. And then there’s real scepticism about whether this will translate into delivering to people who need it most.

With all of this discuss...



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Kimble Charting Solutions

Bad News For Crude Oil Should Come From This Pattern, Says Joe Friday

Courtesy of Chris Kimble

It’s a good idea for investors to be aware of key indicators and inter-market relationships.

Perhaps it’s watching the US Dollar as an indicator for precious metals or emerging markets. Or watching interest rates for the economy. Experience, history, and relationships matter. And it’s good to simply add these to our tool-kit.

Today, we look at another relationship that has signaled numerous stock market tops and bottoms over the years, and especially the past several months, Crude Oil.

When crude oil tops or bottoms, it seems that ...



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Zero Hedge

WTF Chart Of The Day: Bonds Ain't Buying It

Courtesy of ZeroHedge View original post here.

Presented with little comment aside to ask (rhetorically), why - amid the unknown parameters of what appears to be escalating into a global pandemic, and ongoing weakness in economic data despite the 'trade deal' - are stocks soarng to record highs as bond yields collapse to 3-month lows?

Source: Bloomberg

Fun-durr-mentals don't matter...

S...



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Insider Scoop

5 Software-Application Stocks Moving In Thursday's After-Market Session

Courtesy of Benzinga

Gainers

Atlassian Corporation, Inc. (NASDAQ:TEAM) stock surged 9.7% to $145.50 during Thursday's after-market session. According to the most recent rating by Morgan Stanley, on January 13, the current rating is at Overweight.

Diebold Nixdorf, Inc. (NYSE:DBD) shares increased by 8.1% to $11.48. The most recent rating by DA Davidson, on December 13, is at Buy, with a price target of $17.00.

Telaria, Inc. (NYSE:TLRA) stock rose 4...



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The Technical Traders

January 2018 Stock Market Repeat - Yikes!

Courtesy of Technical Traders

Our research team caught a very interesting price pattern that correlates with the Put/Call ratio.  We are alerting our friends and followers with this research post of this exciting, yet unconfirmed, set up today.

In late 2017, the US stock market rallied from July through December with moderately low volatility throughout this span of time.  Near the end of 2017, the US stock market price activity stalled, then began a renewed price rally in early 2018 (see the first BLUE & YELLOW BOX on the chart below). Then, in January 2018, a very broad market reversion event took place which ultimately resulted in a very broad market correction in October through December 2018 of just over 20%.

...

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Biotech

Snakes could be the original source of the new coronavirus outbreak in China

Reminder: We are available to chat with Members, comments are found below each post.

 

Snakes could be the original source of the new coronavirus outbreak in China

Chinese cobra (Naja atra) with hood spread. Briston/Wikimedia, CC BY-SA

Haitao Guo, University of Pittsburgh; Guangxiang “George” Luo, Univers...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Monday, 16 September 2019, 05:22:48 PM

Click for popup. Clear your browser cache if image is not showing.


Comment: This chart says SP500 should go back to 2016 levels (overshoot will occur of course)



Date Found: Tuesday, 17 September 2019, 01:53:30 AM

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Comment: This would be HUGE...got gold!


...

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Members' Corner

The War on All Fact People

 

David Brin shares an excerpt from his new book on the relentless war against democracy and how we can fight back. You can also read the first, second and final chapters of Polemical Judo at David's blog Contrary Brin.

The War on All Fact People 

Excerpted from David Brin's new book, the beginning of chapter 5, Polemical Judo: Memes...



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Lee's Free Thinking

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

 

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

Courtesy of  

The repo market problem isn’t the problem. It’s a sideshow, a diversion, and a joke. It’s a symptom of the problem.

Today, I got a note from Liquidity Trader subscriber David, a professional investor, and it got me to thinking. Here’s what David wrote:

Lee,

The ‘experts’ I hear from keep saying that once 300B more in reserves have ...



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Digital Currencies

Cryptos Have Surged Since Soleimani Death, Bitcoin Tops $8,000

Courtesy of ZeroHedge View original post here.

Bitcoin is up over 15% since the assassination of Iran General Soleimani...

Source: Bloomberg

...topping $8,000 for the first time since before Thanksgiving...

Source: Bloomberg

Testing its key 100-day moving-average for the first time since October...

...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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