In comments I posted to the Seasonal Forecaster website last weekend, I stated “Ann Inc. (ANN), the parent of Ann Taylor and The Loft clothing stores, is apparently in talks with at least two potential buyers. With Ann’s recent growth falloff, activist investors are pushing for a sale. The stock recently dropped back to the → Read More
First Solar’s most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 27.55% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread → Read More
Consider the intersection of these various and sundry themes: 1) An investment vehicle that started as a smartphone app; 2) The phone app turned into an investment Index; 3) The investment Index became a publicly available ETF; 4) The original phone app has just been upgraded (to 2.0);[1] 5) These developments were initiated … not → Read More
Schlumberger’s most recent trend suggests a bearish bias. One trading opportunity on Schlumberger is a Bear Call Spread using a strike $85.50 short call and a strike $90.50 long call offers a potential 29.87% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to → Read More
The major U.S. stock indexes are ripe for a pullback. With the evidence of institutional accumulation in many stocks, it is likely to be of minor extent. If that indeed happens, contrarian strategies, such as buying protective puts or inverse ETFs as insurance, may not work out well. How about diversifying in the longer term → Read More
Amazon’s most recent trend suggests a bearish bias. One trading opportunity on Amazon is a Bear Call Spread using a strike $385.00 short call and a strike $390.00 long call offers a potential 53.85% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to → Read More
The S&P 500 has a very consistent cycle. Looking at its daily chart over many years, with few exceptions you’ll find a short-term low set every 1 to 3 months, averaging out around 1-1/2 to 2 months. The Stochastics indicator on the S&P’s daily chart helps identity the short-term lows. Matching up the indicator lows → Read More
Expedia’s most recent trend suggests a bullish bias. One trading opportunity on Expedia is a Bull Put Spread using a strike $94.00 short put and a strike $89.00 long put offers a potential 33.33% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to → Read More
As one reviews the current stock and bond markets, it would be natural to think about the concept of “Inflection Point”[1]. I don’t think that many readers would quibble with me if I observed that markets have been a bit peculiar lately. For example: 1) Last week, the Dow, S&P 500, and Russell 2000 all → Read More
VF Corp’s most recent trend suggests a bullish bias. One trading opportunity on VF Corp is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 16.28% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread → Read More