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Dr. Duru  

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  • Reasons To Bet On A 2013 Recovery For Skullcandy [View article]
    Thanks. ALL eyes will be on those Feb earnings. Company will need to demonstrate progress on its strategic pillars. There should be no short squeeze in the stock given the current close-out was orchestrated in a way not to create buying pressure. Again, early 2013 it will be important to see whether short interest starts increasing again despite the high rates.
    Dec 24, 2012. 10:32 AM | Likes Like |Link to Comment
  • Peering Over The Fiscal Cliff, The Yen Gets 'Cheap', Australian Dollar 'Expensive' [View article]
    Dec 21, 2012. 04:58 PM | Likes Like |Link to Comment
  • Time To Profit From The Decline Of The Japanese Yen [View article]
    I made a similar recommendation to go long AUD/JPY:

    However, I think that trade is over for now, at least until the Fiscal Cliff headlines are over and things get resolved in a positive way:
    Dec 21, 2012. 04:48 PM | Likes Like |Link to Comment
  • 2 Option Plays For The End Of Capital Gains Tax Related Selling [View article]
    I think augmenting the strategy with put spreads and then covering the short side if the move goes in your favor should enhance gains on stocks like this promising to have big moves in early January. My more specific thoughts here:
    Dec 20, 2012. 12:46 PM | Likes Like |Link to Comment
  • Marvell Technology Continues Fighting Its Downtrend By Increasing Stock Repurchases [View article]
    Exactly my thinking. It won't take much of a positive catalyst to send this stock up 20% or more even from current levels in rapid fashion. Meanwhile, the stuffing has been beaten out of the valuation. While company repurchases do not always go well, at least it is supportive of the assumption that the company is very undervalued over the long-term.
    Dec 19, 2012. 11:40 AM | Likes Like |Link to Comment
  • How To Trade Apple's Breakdown As Negative Sentiment Grows [View article]
    Really?! Do tell. You are the first person I know who has expressed a preference for Apple maps. I love the interface and functionality but have waited for location bug fixes before using it.

    Regardless, I love your characterization: " Funny how the ONLY positive aapl news are actually facts."

    Finally, using the above strategy and data patterns, I already got into a fresh call spread on Friday's weakness. Good luck to you too!
    Dec 17, 2012. 05:38 AM | Likes Like |Link to Comment
  • How To Trade Apple's Breakdown As Negative Sentiment Grows [View article]
    Just in time, Apple releases data from first China sales of iPhone5 and they look strong:

    So much for the rumor mongering.

    Should make for an interesting Monday morning given another analyst downgraded Apple over the weekend.
    Dec 17, 2012. 04:03 AM | 1 Like Like |Link to Comment
  • The Trend Wants To Be Your Friend (Again) [View article]
    I agree. The U.S.'s "problems" are the envy of main major, developed economies, except perhaps the Australians (of course, they wish they had as much success as the Fed in pointing the currency lower).

    With this perspective, shouldn't the U.S. dollar remain relatively resilient despite open-ended monetary easing? At least until things pick up in other major economies?
    Dec 16, 2012. 06:07 PM | Likes Like |Link to Comment
  • On The Front Lines, The Housing Recovery Is Visible But Needlessly Slow [View article]
    Ditto for me.
    Dec 15, 2012. 05:33 PM | 1 Like Like |Link to Comment
  • Facebook Shorts Get Washed Out [View article]
    Yep. We are on the same wavelength. FB is a pure sentiment stock and, for now, it happens to be good. Interesting that the stock took its largest loss in a while on Friday's lock-up expiration which was much smaller than the one that sent the stock soaring at the beginning of this rally. Let's see if sentiment magically turns negative for some reason now....
    Dec 15, 2012. 05:31 PM | 1 Like Like |Link to Comment
  • Facebook Shorts Get Washed Out [View article]
    This is correlation, not causation. More importantly, the news flow on FB has greatly improved over this timespan. FB has gone from the most obviously bad IPO in history and one of the most hated stocks of the year to a must own, contrary play. The headlines on FB now are mostly positive and focus on all their business initiatives with a positive spin.

    This is all about sentiment and it can (will?) flip back just as suddenly as the stock has rallied.

    The massive amounts of shares coming onto the market are also suppressing potential of short squeezes.
    Dec 14, 2012. 12:52 PM | 4 Likes Like |Link to Comment
  • Foreign Exchange Frustrates [View article]
    Thanks for the response. That clarifies things.

    I know Bernanke said monetary policy can't counter-act the fiscal cliff completely, but I keep wondering whether he says that mainly to keep the pressure on fiscal policy. If he ever did say monetary policy could help, the politicians would certainly breathe a sigh of relief and go back to can-kicking.

    For the euro's reaction, I was looking just at the shorter-term run-up into the Fed announcement. The dollar in general has sustained its levels quite nicely. It is still sitting where it was at the QE3 announcement. From what I gather, you seem to also expect more of the same in the near-term...all else being equal?
    Dec 14, 2012. 10:25 AM | Likes Like |Link to Comment
  • All Roads Lead To A Lower Yen [View article]
    Thanks for that reminder. I always forget that Bernanke was in Japan giving anti-delfationary advice. He was honing his skills and didn't even know it.
    Dec 14, 2012. 10:20 AM | Likes Like |Link to Comment
  • Foreign Exchange Frustrates [View article]
    So it seems to me that Bernanke's talk about these economic targets providing automatic stabilizers is his last attempt to buffer the economy from the Fiscal Cliff. Presumably, if the US economy goes over the cliff, these stabilizers will work to reassure markets that the Fed is there with a cushion of liquidity.

    The SNB was indeed anti-climactic, but at least the Fed did not disappoint in helping to support the latest phase in the euro bounce.

    What do you think about the euro going forward from here though? Seems like this rally is finally getting long in the tooth...
    Dec 13, 2012. 01:54 PM | Likes Like |Link to Comment
  • All Roads Lead To A Lower Yen [View article]
    I agree that the BoJ will now be motivated to do even MORE easing. They have been constantly losing the battle in competitive devaluations against the Fed, but it seems these comments about infinite printing are finally doing the trick. Ironically, they are somewhat taking a page out of Bernanke's book. A while back (I can't remember the exact reference right now), Bernanke noted that it should be easy to devalue a currency. Just keep buying global assets with printed money. At some point, the markets will drop the currency, otherwise, you would eventually buy all the assets on the planet... The markets have been stubborn in fighting central bank will, but, presumably, markets would not get THAT stubborn....
    Dec 13, 2012. 01:50 PM | Likes Like |Link to Comment