bankarb

Potash Corp. Update: Time To Buy?

This selling has nothing to do with fundamentals. Hedge Funds are being forced to sell. If it goes up buy puts.

Amazon: Operating Leverage May Drive Gains

From a technical perspective AMZN is breaking down and must be sold.
I am looking for a target of 32.

Expect a weak 4th quarter given slow sales by other retailers.
The hot part of X-mas was electronics, which is not what AMZN is good at.

Disclosure: At the time of this post I am short AMZN though positions may change at any time.

Amazon's Holiday Sales May Disappoint

Amazon is finally breaking down to a new low for the month. Trading volume is a bit above normal, which indicates increased selling interest. With the stock now trading below $37.05, I'd be short right now, with a buy stop up around $39.60. Cover at $32.

Short AMZN