Not much has changed fundamentally since Twitter (TWTR) was last discussed. That was Monday last week (prior lengthy discussion here). Except President Obama has his own Twitter account now. In the past week, earnings estimates for the second and third … Continued
The following are futures positions of non-commercials as of May 12, 2015. Change is week-over-week. 10-year note: If we just focus on weekly closing prices, the 10-year yield had a lackluster week – essentially flat. Nothing could be further from … Continued
Cisco (CSCO) longs can use covered calls to generate extra income in the near-term. Traders treated the company’s FY3Q results with a big yawn yesterday. In a strong day for the general market, CSCO shares shed one percent, as an … Continued
U.S. retail sales disappoint again – has not grown four out of last five months Not much correlation between gasoline price and personal consumption expenditures RTH, which had diverged from weakening retail sales, has been weakening past seven weeks U.S. … Continued
Probably too soon to go long TWTR, but not to generate income via stock options An opportunity to generate income using options in Twitter (TWTR) shares may be brewing. The stock has taken a 27-percent hit post-April 28th 1Q15 earnings, … Continued
Put-to-call ratios, VIX:VXV point to potential selling pressure in stocks But large specs expecting lower VIX not in agreement with peers betting on lower SPX Task of separating wheat from chaff – which signal to treat as signal and which … Continued
The following are futures positions of non-commercials as of May 5, 2015. Change is week-over-week. 10-year note: It was a weird week. That is an understatement. Up until Wednesday, 10-year yields were up 20 basis points. Treasurys on the long … Continued
Since spot West Texas Intermediate crude broke out of 54 mid-April, it has continued to add to gains, even as XLE, the energy SPDR ETF, has gone sideways/down. Since that major push through four-month consolidation in the middle of April, … Continued
A stronger U.S. dollar finally caused some disturbance with U.S. corporations, especially multinationals. While reporting March-quarter earnings, one after another singled out the dollar for causing top-line shortfall. From trough to peak between last May and March this year, the … Continued
Back on April 23rd, I wrote a piece on U.S. housing for See It Market (reposted here on 24th), arguing the importance of $26, and then $24, on the Home Construction ETF (ITB). The ETF ($26.32) closed at $27.45 on April … Continued