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  • An Overdue Major Stock-Market Selloff Is Looming [View article]
    I agree with your outlook, Wiz. I think people look at the triple top/head & shoulders setup in the SP and Dow and immediately think the mkt looks weak and therefore a crash is imminent. Instead, I look at the rather weak volume and the very narrow trading range of the past month or so as a time where we're just pausing before the next move up to new highs. Once the tech stocks and small caps have fallen for long enough to bring in new buyers, this next move up could occur. If Q2 doesn't confirm bullish, however, I might be persuaded to move more bearish. Until then, AMZN, LNKD, AAPL, PCLN, and other tech and momo names will get my money at appropriate entry levels. Good luck and good trading, no matter what your thesis.
    May 10, 2014. 08:12 PM | Likes Like |Link to Comment
  • Twitter Could Be Undervalued [View article]
    Alex, that triangle you drew doesn't strike me as a valid technical indicator. The lower trend line ignores previous lower lows and is linked to just a couple days; too few to say that it's supportive of a trend change. Sorry, Twitter doesn't deserve its current $31.7B market cap. TWTR will see $45 before $70 again.
    Jan 15, 2014. 06:38 AM | 1 Like Like |Link to Comment
  • Netflix flies higher as Icahn ponders his windfall [View news story]
    NFLX will drop $20 overnight. Icahn's comments weren't positive in his interview today, which will be interpreted as negative by the market.
    Oct 2, 2013. 12:38 AM | Likes Like |Link to Comment
  • A Grocer With A Lot Of Baggage, A Look At Supervalu [View article]
    I'm curious about this stock too — I wonder if anyone has some insight into the sale to Cerberus that is supposed to close on March 18 — is that sale a certain thing, or could it still go off the rails somehow? Thanks in advance for any responses.
    Mar 7, 2013. 05:23 AM | Likes Like |Link to Comment
  • Earnings For Apple? Put Your Money Where Your Mouth Is! My $32,000 Gambit! [View instapost]
    Could somebody help a me (a newbie) understand what the negative quantities mean for your Feb. 16 $675, $700, and $750 Puts?

    Does this mean you've sold puts rather than purchased them?

    Jan 24, 2013. 05:52 AM | Likes Like |Link to Comment
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