This week, we look at a little known company that supplies a key component in your cell phone. We don’t usually think about who makes are screen, but Corning (Ticker: GLW) has been supplying the glass for many years for many manufacturers with their “Gorilla Glass” (not made with real […]
Monthly Archives: April 2020
9 posts
4/26/2020 Plan: Two trade ideas, one for more aggressive traders, one for more conservative. Volatility has continued to come down some as the market continues to grind higher. “Everyone” is expecting us to drop again, but the market has been resilient recently. 4/26/2020 Plan (continued): 4/27/2020 Entry: Unfortunately we did […]
Want to hear something crazy? The NASDAQ is actually Up on the year. That’s right, if you bought an ETF tracking the NASDAQ, like QQQ, on 12/31/2019 you are actually now profitable: Hard to believe given the plunge we saw from a mid Feb high of $237 all the way […]
4/19/2020 Plan: As strange as it seems, volatility has actually dropped over the last few weeks as we’ve had a nice multi-week move higher. Note, however, that volatility remains high on an absolute basis, with the VIX closing at 38.15 on Friday April 17th. This week, we look to sell […]
TAL Education Group (Ticker: TAL) For those not familiar, TAL is a holding company and its subsidiaries deal primarily with after school tutoring. China’s market has held up reasonably well, and if you believe the data, they are past the peak of COVID-19 cases. Trade Idea – Sell the 17 […]
4/12/2020 Plan: Two trade options this week, one for longer term DIS bulls and another more risky play for those traders looking for a quick potential win. 4/12/2020 Plan (continued): DIS Bulls – sell the 1 May 80 put for 0.64 at the midpoint. This is a 0.8% return for […]
4/5/2020 Plan: With many US States restricting travel, Uber (Ticker: UBER) volume is way down. Their Uber Eats service is likely way up, but with fierce competition, they are losing money on every delivery. While I do enjoy using the service, I have been bearish on Uber and Lyft. With […]
When was the last time you took an Uber? Probably before the pandemic… How about a Lyft? I don’t remember either. A clear number two in the ride sharing industry, with riding volumes down, and the recent rally slowing down, this is a reasonable time to put on some bearish […]
This is the fourth in an unexpected series of pointing out glaring errors in Barron’s. For some reason, the editorial quality has dropped off recently, leading to some pretty basic math errors being made and leading to confusion for new option traders. The 3/3/2020 recommends selling puts on BlackRock. A […]