The market looks like it wants to rebound Monday after a pretty horrid week. It was not bad for us playing The Oxen Report. We rounded out a fantastic week on Friday with shorting HOV. We got two short sale positions for a...
Read MoreThe number of unemployed people per job opening has climbed to 6: Six is a lot, as you can see from the above chart. 6 means that if you get a job, 5 people absolutely will NOT be able to get a job because you just took...
Read MoreFundamentals don’t matter, until they do – then they matter a lot… We had a fantastic week because we stuck to the fundamentals and stayed short – even though it was a very painful path to follow. ...
Read MoreToday’s tickers: EWJ, V, JPM & EFA EWJ – A massive options position has been initiated on the Japan exchange-traded fund this morning amid a slight 0.3% increase in shares to $10.13. The 150,000 contracts...
Read MoreTGIF but what a week we have had. Thursday was another terrific day for us in the market with both of our picks working for solid 3% gains on the day. This is the third straight day of going 2/2. Our Buy Pick was DRV...
Read MoreWe have our Durable Goods report for August today at 10am. There are many indications that Durable Goods may miss the high expectaions of a 1.2% increase, especially the anticipated 0.7% mark ex-autos (Cash for Clunkers)...
Read MoreToday’s tickers: GE, EEM, SLV, F, VALE, FCX, M, ABX & C GE – The more than 3% decline in shares of GE today inspired bearish options activity to unfold in the November contract. One investor chose to employ...
Read MoreOur global leaders all get together today with the Global Financial Crisis (yes, it’s still a crisis) topping the list for the 2nd year in a row. Fresh from the UN general assembly in New York, heads of government and a...
Read MoreWhat a day for us yesterday in the Oxen Report. Second day in a row that we were able to make money off both of our buy pick of the day and the short sale. For our buy pick of the day, we went with ERY. We wanted to play...
Read MoreToday’s tickers: IYT, WYN, BBBY, XLU, ERTS, MSFT, ALTH & MT IYT – Shares of the IYT are currently down 0.5% to $71.43. One option trader appears to have exchanged 19,500 contracts on the ETF to take a...
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