Posts Tagged ‘NYT’

Monday Market Outlook – Finally Over S&P 2,000 – Now What?

SPY 5 MINUTE2,000 finally held!  

It was a really ugly hold but we did hold 2,000 on the S&P all day long on Friday and that, as I've said for a long time, is finally a signal we need to do a little bottom-fishing.  We have already been picking up some material stocks in our Live Member Chat Room, including adding BTU ($13.29) on Friday morning to our Income Portfolio, despite a Goldman Sachs downgrade that cost them 5% pre-market.

Coal has been getting a bad rap this year as China has slowed down and, of course, its environmentally unpopular (and 300,000 people marched in NYC this weekend for action on Climate Change) but the reality is, coal use isn't going away anytime soon.  

In fact, 65% of China's energy comes from coal and, for the first time ever, China passed the EU in pollution levels per capita with each person in China producing 7.2 tons of carbon dioxide on average compared with 6.8 tons per European and just 1.9 tons per Indian.  

Of course, none of them hold a candle to the US, where we proudly produce 16.4 tons of CO2 per person!  

Still, with 1.3Bn people, China has now passed the US in overall carbon emissions, contributing to a new Global Record of 40Bn tons of CO2 added to the atmosphere in 2014.  According to a recent UN study, at this rate, the theoretical limit for carbon in our atmosphere (before irreversible damage sets in) will be hit in just 30 years.  But don't worry folks, that's just science and we can always vote Republican and ignore it. cheeky

Remember – we ARE Koch!  

Emissions grew 4.2 percent in China, 2.9 percent in the U.S. and 5.1 percent in India last year. The EU’s pollution level declined 1.8 percent because of weaker economic growth.  So coal is not going away as soon as people think and we have been literally burning off the surplus this year.  In Europe, utilities are switching back
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Tesla Options Heat Up As Shares Slide

Options brief will resume September 27, 2012.

Today’s tickers: TSLA, NYT & LO

TSLA - Tesla Motors, Inc. – Shares in electric vehicle maker, Tesla Motors, Inc., are taking a hit today, down 7.8% at $28.27 as of 11:05 a.m. ET, after the company lowered its third-quarter and full-year revenue estimates and said it plans to issue more stock. Options volume on Tesla is nearly twice the stock’s average daily volume this morning, with some strategists preparing for further declines in the price of the underlying. Near-term bearish positioning in the front month is heaviest at the Oct. $26 strike where upwards of 2,100 put options changed hands against open interest of 905 contracts. It looks like traders purchased most of these contracts for an average premium of $1.05 apiece. Put buyers stand ready to profit at expiration next month in the event that Tesla’s shares drop nearly 12% from the current price to settle below the breakeven point at $24.95. Bears also looked to the $28 strike put options expiring in October, buying around 800 contracts in the early going for an average premium of $2.01 each. The purchase of a 300-lot Oct. $29/$32 bear put spread on Monday prepared one strategist for an adverse move in the price of the underlying today. The trader appears to have purchased the spread for a net premium of $1.68 per contract yesterday afternoon, looking for a minimum 1.2% decline in the $30.70 share price at the time of the trade to the breakeven point at $30.32. Shares are currently trading well below the lower $29 striking price; maximum possible profits of $1.32 per contract are available on the strategy at October expiration as long as shares settle below $29.00. Finally, contrarian players positioning for a rebound in TSLA shares in the next four weeks picked up around 400 calls at the Oct. $29 strike for an average premium of $1.07 apiece. Call buyers stand ready to profit at expiration should the stock rally at least 6% over the current price to exceed $30.07.…
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Traders Take To Tiffany & Co. Options After Earnings, Guidance Disappoint

 

Today’s tickers: TIF, P & NYT

TIF - Tiffany & Co., Inc. – A surprise earnings miss and a reduced full-year profit and sales forecast from luxury jewelry retailer, Tiffany & Co., took some of the luster out of its shares today, with the stock trading down 8.5% at $56.55 as of 11:50 a.m. in New York. Options activity on Tiffany this morning suggests mixed sentiment on the stock going forward, with some strategists bracing for further declines in the price of the underlying, while others position for a rebound. Fresh interest building in the July $57.5 strike put, where more than 800 in-the-money contracts changed hands against open interest of 114 positions, appears mostly to be the work of buyers. Traders paid an average premium of $3.74 apiece for the put options and may profit at expiration in the event that Tiffany’s shares decline another 4.9% to settle beneath the effective breakeven price of $53.76. Meanwhile, a call spread in the August expiry looks for shares in the jeweler to post solid gains during the next few months. A 242-lot Aug. $57.5/$65 call spread purchased for an average premium of $2.50 per contract may result in maximum potential profits of $5.00 per contract should TIF’s shares soar 14.9% to top $65.00 by August expiration.

P - Pandora Media, Inc. – Shares in Pandora are moving sharply to the upside this morning after the provider of Internet radio reported better-than-expected first-quarter earnings after the close of trading on Wednesday and an increase in target share price to $16.00 from $14.00 at JMP Securities. The stock rallied as much as 19.0% to $12.285 today, reaching their highest level since March, but trading in the January 2013 expiry puts suggests some strategists are securing disaster insurance on the stock. It looks like traders picked up 200 puts at the Jan. 2013 $4.0 strike for a premium of $0.25 apiece, perhaps under the expectation there could be catastrophic…
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Bullish Players Sink their Teeth into Krispy Kreme Calls

Today’s tickers: KKD, JPM, NYT & AEO

KKD - Krispy Kreme Doughnuts, Inc. – Bulls are bingeing on Krispy Kreme call options today after the firm sweetened its outlook for 2011 operating income to a range of $17 million to $20 million, up from previous estimates of $13 million to $17 million. The maker of the popular Original Glazed doughnut said it earned $2.4 million in the third quarter, or $0.03 a share, after the closing bell on Wednesday. Analysts, on average, were expecting KKD to post a third-quarter loss of $0.01 a share. Shares in Krispy Kreme jumped 19.8% following earnings to hit an intraday- and new 52-week high of $7.38 today. The better-than-expected earnings report and rosier outlook for next year’s performance inspired strong demand for call options on the doughnut maker. More than 5,480 options, nearly all of them calls, changed hands on Krispy Kreme by 12:55 pm in New York, versus overall previously existing open interest of 6,271 contracts. Investors purchased more than 1,340 calls at the December $7.5 strike for an average premium of $0.22 a-pop. Call buyers make money if Krispy Kreme’s shares rally another 4.6% over today’s high of $7.38 to surpass the average breakeven point at $7.72 by December expiration. Bullish sentiment spread to the January 2011 $7.5 strike where another 1,040 call options were picked up at an average premium of $0.34 apiece. Investors holding these contracts are poised to profit should shares in KKD surge 6.3% to trade above $7.84 ahead of expiration day in January. Krispy Kreme’s overall reading of options implied volatility is lower by 9.2% to stand at 52.47% as of 1:00 pm in New York.

JPM - JPMorgan Chase & Co. – Shares of the financial services firm are on the mend, and one bullish options strategist…
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Mixed Sentiment Apparent in Bank of America Options Action

Today’s tickers: BAC, XRT, ZMH, GMCR, COF, YHOO, ZGEN & NYT

BAC – Bank of America Corp. – One massive options transaction on Bank of America today suggests one investor has made a bee-line for the hills. The trader observed ducking for cover appears to be expecting the recent rebound in the price of the financial firm’s shares to come to an abrupt end ahead of September expiration. Shares in BAC climbed 2.1% during the session to pin down an intraday high of $13.49. It looks like the options player sold shares of the underlying stock for approximately $13.35 each and purchased 100,000 calls at the September $14 strike for premium of $0.10 apiece. The trader, who is now short the stock and effectively long a stop loss, seems to be anticipating shares will falter ahead of expiration. Near-term pessimism by one trader was countered by longer-term bullish activity on BAC in the January 2011 contract where it looks like another investor put on a three-legged bullish combination strategy. The options optimist sold 10,000 puts at the January 2011 $12.5 strike at a premium of $0.84 each, purchased 10,000 calls at the January 2011 $14 strike for premium of $1.00 apiece, and sold 10,000 calls at the higher January 2011 $17.5 strike at a premium of $0.16 a-pop. The transaction nets out to $0.00 and positions the trader to make money if shares of the financial services firm rally above $14.00 by expiration day. Maximum potential profits of $3.50 per contract are secure in the trader’s piggy bank if the bank’s shares jump 29.7% to trade above $17.50 by expiration day in January. We note that open interest at each of the strikes described is sufficient to cover each of the three legs of the transaction. Therefore, it is possible that the seemingly bullish trade represents a closing transaction instead.

XRT – SPDR S&P Retail ETF – Options on the retail ETF were some of the most actively traded during the current session. The majority of the 171,000 contracts exchanged on the fund as of 2:50 pm ET were September contract puts and calls, but there were some longer-term positions established today, as well. Shares of the XRT, an exchange-traded fund designed to replicate the performance of the S&P Retail Select Industry Index, earlier rallied as much as 1.35% to an intraday high of $38.71. One big options player hoping…
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Cisco lower ahead of earnings: Put selling noted

Today’s tickers: CSCO, NYT, DRYS, INTC, VIX, MON, USB, CROX, IPG, ELN, & WFC

CSCO Cisco Systems, Inc. – Shares are off slightly by less than 1% to $19.42 ahead of earnings expected for release from the company this Wednesday. We observed a rash of put selling in the June and July contracts, a bullish sign from option investors on the stock. The in-the-money June 20 strike price saw some 4,700 puts sold for a premium of 1.40 apiece while the in-the-money July 20 strike also had about 4,500 puts sold for 1.61 per contract. Finally, the deeper in-the-money July 21 strike had some 4,400 puts shed for a rich premium of 2.23 apiece. Perhaps put-sellers see Cisco rebounding through the summer months.

NYT The New York Times Company – The media company has experienced a share price surge of more than 8.5% to $5.87 amid reports that the New England newspaper, The Boston Globe, is safe for now as NYT has not filed its intention to close the newspaper. NYT appeared on our ‘hot by options volume’ market scanner late in the trading day as one investor appears to have sold 5,000 in-the-money puts at the July 7.5 strike price for a premium of 2.12 apiece in order to fund a bull call position in the October contract. The put premium helped fund the purchase of 15,000 calls at the October 10 strike for about 37 cents each. The trade yields a net credit of about 1.01 to the investor given the richer put premium received on the sale (1*2.12 – [3* 0.37] = 1.01). NYT plans to continue talks with its unions in order to avoid closing The Globe. The deadlines for negotiations have been extended to Sunday.

DRYS DryShips, Inc. – Shares of the shipping company have gained 13% to arrive at the current share price of $9.35. The drybulk carrier received a target share price increase to $12.00 from $10.00 by an analyst at Jeffries & Co. as well as an upgrade to ‘outperform’ at Oppenheimer. Bulls hungry for a continued near-term rally on DRYS picked up 12,500 call options at the May 11 strike price for an average premium of 25 cents apiece. The overall tone on the Greek fleet was optimistic as investors showed their preference for call options by trading calls more than five times to every put option in play. It…
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Phil's Favorites

Why big businesses move their headquarters around the world - tax, talent and trepidation

 

Why big businesses move their headquarters around the world – tax, talent and trepidation

Shutterstock

Courtesy of Carmen Raluca Stoian, University of Kent

Ever since the EU referendum of 2016, well-known companies have announced decisions to relocate outside of the UK. Electronic giant Panasonic has gone to Amsterdam, where ...



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ValueWalk

Ray Dalio Gives 3 Financial Recommendations For Millennials

By Jacob Wolinsky. Originally published at ValueWalk.

Founder, Chairman and Co-Chief Investment Officer of Bridgewater Associates Ray Dalio talks to Julia La Roche in 2018 of Yahoo Finance about the value of savings and investing.

Ray Dalio Gives 3 Financial Recommendations For Millennials

Q4 hedge fund letters, conference, scoops etc

Trans...



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Kimble Charting Solutions

Giant Topping Pattern Could Be Forming, Says Joe Friday

Courtesy of Chris Kimble.

The first fact of the day; The long-term trend for tech remains up and the decline into the lows on Christmas Eve DID NOT break this trend!

This chart looks at NDX 100 ETF (QQQ) on a weekly basis over the past 14-years. For the past decade, since the lows in late 2009, QQQ has remained inside of rising channel (1). As you can see the decline into the end of the year lows, did nothing more than test support, which held and a strong rally has followed!

Over the past few months, QQQ could be forming a “Head & Shoulders&...



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Zero Hedge

Yesterday's Perfect Recession Warning May Be Failing You

Courtesy of ZeroHedge. View original post here.

Authored by Michael Lebowitz via RealInvestmentAdvice.com,

Recently, Wall Street and the Financial Media have brought much attention to the flattening and possible inversion of the U.S. Treasury yield curve.  Given the fact that an inversion of the 2s/10s Treasury yield curve has predicted every recession over the last forty years, it is no wonder that the topic grows in stature as the difference between the 2-year Treasury yield and the 10-year Treasury yield approaches zero. Unf...



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Insider Scoop

Salesforce.com's Q4 Report Should Trigger Higher Valuation, Says Bullish Oppenheimer

Courtesy of Benzinga.

Related CRM Oppenheimer Praises HubSpot's Execution, Downgrades On Valuation Benzinga's Top Upgrade...

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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: Thursday, 02 August 2018, 07:48:20 PM

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


Comment: $600 BN interest payments for US gov, print baby print



Date Found: Sunday, 05 August 2018, 09:22:26 PM

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


Comment: Hire FED interest rates always brings double trouble



Date Found: Monday, 06 August ...

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Digital Currencies

Cryptos Are Surging: Bitcoin, Ethereum Hit One-Month Highs As Institutions Dip Toes

Courtesy of Zero Hedge

Cryptocurrencies are surging while the US equity markets take the day off. Ethereum is up over 18% from Friday's 'close' and the rest of the crypto space is a sea of green. While no immediate catalyst (headline or technical level) is clear, increasing chatter over institutional investors dipping their toes in the space have prompted an extension of the positive trend.

A sea of green...

Source: Coin360

Ethereum is leading the charge follow...



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Biotech

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

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

 

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

Illustration of acute lymphoblastic leukaemia, showing lymphoblasts in blood. Kateryna Kon/Shutterstock

Courtesy of Alba Rodriguez-Meira, University of Oxford and Adam Mead, University of Oxford

...

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Members' Corner

Why Trump Can't Learn

 

Bill Eddy (lawyer, therapist, author) predicted Trump's chaotic presidency based on his high-conflict personality, which was evident years ago. This post, written in 2017, references a prescient article Bill wrote before Trump even became president, 5 Reasons Trump Can’t Learn. ~ Ilene 

Why Trump Can’t Learn

Donald Trump by Gage Skidmore (...



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Mapping The Market

Trump: "I Won't Be Here" When It Blows Up

By Jean-Luc

Maybe we should simply try him for treason right now:

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.

By Asawin Suebsaeng and Lachlan Markay, Daily Beast

The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the nationa...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

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

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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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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About Phil:

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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Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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