1.TTM Technologies (TTMI)- 5,000 June 2017 $17.50 calls were bought for $0.65 vs total call open interest of just 1,663 contracts (implied volatility +11.3% to 46.99). On average, 65 calls trade per day in the $1.4B semiconductor company. 2.Ocean RIG UDW
December 12, 2016
Here’s your swing-trading watch-list: Long AbbVie (ABBV) Long Freeport-McMoRan (FCX) Long IHS Market (IHS) Long Lannett (LCI) Short Coeur D Alene Mines (CDE)
Picabia, known as Papa Dada, purposely layered disparate images in his collages to provoke confusion and strange associations. I feature the piece above now on display at MOMA, mainly because of how closely the red and green ribbons resemble current
Small cap and Nasdaq stocks finally hit the skids with the Russell 2000 down more than a percentage point on the day. The Nasdaq closed down nearly .6% as Telecom and Utilities led the market higher. While crude hit its
Biotechs Mixed Today – Alexion (ALXN) Plummets Ophthotech (OPHT) Down an Astounding 86.36% to $5.29 Alexion-Company Fired its CEO and CFO on Sales Practices. Board member David Brennan and former CEO of AstraZeneca will take the helm. The third quarter report has been delayed on accounting issues
Donald Trump’s security is the grinch which stole Christmas. We went to visit the great tree in Rockefeller Center yesterday and many streets were closed to pedestrians and bus stops inactivated because of security. They found a new Michelangelo drawing
Following news last week of a surge in Chinese retail gold premiums as demand for physical bullion soars amid China capital controls, Reuters reports that the chaos in India has sent people rushing to buy gold, paying as much as a 50 percent premium above
In this video we reexamine the negative correlation between Gold and equities and we also compare 2015-2016 to 1998-1999. There are some similarities between the two periods with respect to equities, emerging markets and Oil. Video Length – 00:13:07
Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to
I have been warning about the increasing likelihood of a serious global trade war for quite some time. That warning is now my baseline scenario. Unless there is an immediate deescalation of rhetoric and a return to rational thinking, a
