Good job Congress! Way to bend of and take it from your new Republican Masters! Not since Jack sold his cow for some magic beans has a deal like this been made by our “leadership” where families earning between...
Read MoreToday’s tickers: CVC, OSTK, AKS, SLB, MON, NDAQ & WGO CVC – Cablevision Systems Corp. – A short strangle implemented on the cable operator during afternoon trading indicates one strategist expects shares in...
Read MoreWhat a joke the oil market is! First of all, the NYMEX contracts for January delivery close on Tuesday and there are still 132,168 open contracts or 1,000 barrels each (132M) scheduled for delivery to Cushing, OK, a facility...
Read MoreToday’s tickers: V, ABC, HTHT & DAL V – Visa, Inc. – The credit card issuer and global electronic payment services provider popped up on our scanners this morning after one bearish options strategist sold a strangle...
Read More4.84% That’s the yield on high-grade, tax-exempt 30-year Muni bonds, now the highest level since March 2009, when investors thought the world was ending. Why then, in December of 2010, when everything is “fixed”...
Read MoreToday’s tickers: CMCSA, CSX, WHR & TSN CMCSA – Comcast Corp. – Bullish traders are piling into call options on Comcast Corp. today after the cable provider received an upgrade to ‘outperform’ from ‘market perform’...
Read MoreThank you Republicans! The party of fiscal responsibility has strong-armed the President and what little is left on the Democrats in Congress to extend the Bush Tax cuts for another two years at a cost of “just”...
Read MoreThe stock market moved mostly sideways today without much economic data or major stories on the break today. The market opened slightly lower and traded in a thirty point range most of the day to end in the red. The large story...
Read More“We think the global (and overall European) outlook remains robust.” That’s the word from Goldman Sachs’ Erik Nielson this weekend, who also observes that he was “Possibly deluded by the wonderful vibrancy of...
Read MoreI’m dreaming of a white Christmas – how about you? Of course too much snow ahead of Christmas is bad for retailers and airlines as flights and even (gasp!) trips to the mall can be canceled by a big storm. This is a La Niña...
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