David Tepper of Appaloosa Management says stocks are still not too rich based on 1999 levels ————————————————————————————————————————————————– Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is “ridiculous.” The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market’s record run, notwithstanding last week’s pullback for the...
Say what you want about a weakening economy and slowing corporate earnings, but don't deny that the American consumer is (still) feeling pretty good about the future… good enough to continue spending their hard-earned cash at the nation's stores and restaurants. In that personal consumption drives 2/3 of the U.S. economy, last month's retail spending figures bode well for stocks....
Say what you want about a weakening economy and slowing corporate earnings, but don't deny that the American consumer is (still) feeling pretty good about the future… good enough to continue spending their hard-earned cash at the nation's stores and restaurants. In that personal consumption drives 2/3 of the U.S. economy, last month's retail spending figures bode well for stocks....
This commentary comes from contributor Chris Vermeulen, of ActiveTradingPartners.com. Our recent analysis suggests we may be setting up to repeat history in an odd and dangerous manner. As market technicians, part of our job is to work with numbers, find patterns and attempt to predict future price moves in US and Global markets. As you can imagine, it is not...
This commentary comes from contributor Chris Vermeulen, of ActiveTradingPartners.com. Our recent analysis suggests we may be setting up to repeat history in an odd and dangerous manner. As market technicians, part of our job is to work with numbers, find patterns and attempt to predict future price moves in US and Global markets. As you can imagine, it is not...
To be crystal clear, last week's setback wasn't "just a little volatility." The pullback broke below some key support levels, setting the stage for some more chain-reaction type selling. On the other hand, it's not like we haven't seen the exact same situation take shape before in recent weeks, and end up going nowhere. In other words, the bears didn't...
To be crystal clear, last week's setback wasn't "just a little volatility." The pullback broke below some key support levels, setting the stage for some more chain-reaction type selling. On the other hand, it's not like we haven't seen the exact same situation take shape before in recent weeks, and end up going nowhere. In other words, the bears didn't...
On Thursday our Options Shark trading advisory locked in a 57% gain on some Bed, Bath & Beyond (BBBY) put, which we detailed in an exhaustive and enlightening look. That look was explicitly a look through a "gamma" lens though… one of the more obscure option Greeks. There's still a lot more to be learned from the BBBY trade, whether...
On Thursday our Options Shark trading advisory locked in a 57% gain on some Bed, Bath & Beyond (BBBY) put, which we detailed in an exhaustive and enlightening look. That look was explicitly a look through a "gamma" lens though… one of the more obscure option Greeks. There's still a lot more to be learned from the BBBY trade, whether...
On Thursday, our Options Shark trading advisory locked in a 57% gain on some Bed, Bath & Beyond (BBBY) puts… one of several nice winning trades the BigTrends team has made of late. Though we issue far more trading ideas than we could ever review — as a learning tool — this is one worth going back and taking a...
