Posted by on October 20, 2014

The Market

Last week was a tale of two halves as we saw a broad market decline through mid-day Wednesday. After that the bulls took over and pushed for a rally that left the market in comparatively a good place. There may be more wild swings to come. Earnings season is upon us and Reuters is reporting…  Continue Reading
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Posted by on October 17, 2014

The Market

With pre-market trading at 1.2% above fair value we saw a decent open to the market today, however, the recent history likely had bullish traders concerned that the early gains wouldn’t hold.  At the midpoint of the trading day the early gains actually built additional momentum and it seems that traders are breathing a collective sigh of…  Continue Reading
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Posted by on October 16, 2014

The Market View

Ok. So yesterday was quite the day. So bad in fact that when the Dow closed with a 173 point loss we regarded it as a victory. And things today don’t look much better. Domestically the pre-market is trading down 1.49% and foreign markets haven’t done much better. France is down 2.27% and Spain is…  Continue Reading
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Posted by on September 26, 2014

BABA Options Debut on Monday!

Alibaba’s stock IPO was a huge success by most measures. Volume on day 1 totaled over 270 million shares and the price performance that day appreciated 38% from the IPO price. Chapter 2 of the trading life of BABA will commence on Monday morning with the listing of options on the shares. BABA is expected to…  Continue Reading
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