I need a new back!
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Seattle
Thanks
ukie
Baltimore
Thanks
Green Bay please.
Thanks
ukie
Thanks for the season John. Your hard work is appreciated throughout all the years.
Going with Minnesota today to beat my beloved Bears!
Happy New Year buddy!
ukie
It was a let down game. Happens all the time.
Pittsburg John. Thank you & Happy Holidays!
FedEx Earnings before the bell Wednesday.
N.Y. Giants. Thanks John!
San Fran John, hope the offense shows up!
John, let me change my pick to Miami from Minn.
Miami.
Thanks. Happy Thanksgiving!
ukie
Trouble. Minnesota. Thanks
Indy. Thank you
Atlanta
Defensive battle? Detroit
Seattle
I believe you are right. Especially if a person went into the loss column with a tie-Cinci.
Thanks for the update.
Kansas City
Baltimore
John, Cinci for me today without AJ Green.
Thanks
Going with Denver this week. Thanks John!
ukie
San Diego please.
Makes one wonder if the NFL will change the name of the New Orleans franchise?
Not my favorite betting situation. A home game after two or more consecutive road games. But without the point spread New Orleans needs this win. Plus I have Brees as a starter in one of my fantasy leagues. Come on SAINTS!!!!
New Orleans please!
Thanks
Wow, pool is heavy on New England. Time to stay away
& find a diamond in the rough.
Green Bay Packers.
Thanks
Phili please. Thank you
ukie
Good morning sdh! Do you have room for one more poster here?
I'm posting on $$STOCK**$**OPTION**$**UNIVERSE$$©~S.M. BILLIONAIRES$$$ but it seems like I'm posting to myself. It would be nice to have a conversation with someone occasionally. LOL!
My guess, gas prices low in Illinois or all across the U.S.?
The elections. What else do the Democrats have to run on. But getting back to BHI, the elections are in November. I wonder why he didn't stretch out the trade until then.
Gas prices here in Illinois are usually high. Yesterday I drove down Route 34 & found gas prizes @ $3.25 per gallon. Pretty amazing in Illinois were we get bombed with Federal, State & County Taxes.
But one trader yesterday bought over 5000 September calls for .90 a piece. The company one of the biggest in the oil services industry, Baker Hughes BHI.
While this trader is putting up “only” $450,000 in premium for this trade, it’s the time horizon that’s really interesting. With September rapidly approaching, this customer has just a hair over 3 weeks for this trade to pay off. At a break-even price of $70.90, BHI needs to rally 2.2% or this gamble gets chalked up as a loser. Good Luck buddy boy!
GM SOU! Markets closed Monday. Enjoy the Holiday weekend!
MOV continues downward slide. Nice put. Down $1.66 on the day.
Posted this two days ago. Just tossing out some trade ideas:
The high-end watch maker Movado MOV – NYSE missed consensus today on both revenues and earnings. Management says we shouldn’t worry though, because they expect a huge rush of sales in the second half of the year that will enable them to meet their previous full-year forecast
Frankly, I've heard that song before, and it almost always ends on a sour note.
MOV fell more than -10% on this news, but that’s just the beginning of its slide.The last two times MOV hit the top quartile of its trend, the follow-on loss averaged -28.05%. If this drop follows suit, it should run as far as $32.50. That’s actually a conservative estimate. Because if that’s a Head & Shoulders in MOV’s chart, then that loss would double!
DG, just looking @ the October 14 Monthly, looks like a trader played a strangle on the 67.50 Calls & 60.00 Puts. 1200 contracts on each side. When one plays a strangle you position yourself as close as possible in price on both sides. My guess without digging is that he averaged out @ 1.10.
DG Dollar General up $1.17 as of this writing but....
A few weeks back, Dollar General DG – NYSE gapped up some 11.7% on news that it wanted to buy rival discounter Family Dollar FDO – NYSE for $9 billion. FDO rejected the offer, opting instead to enter into talks with a third rival, Dollar Tree DLTR – NASDAQ.
Dollar General says that it won’t take no for an answer. We say it’s a mess that could take months — if not years — to sort out.
Today, DG announced that it matched earnings estimates but missed on revenue and same-store sales due to a “competitive environment and a cautious consumer.”
So, value-wise we have a company with disappointing revenue and par profits in a very competitive market, that may or may not spend $9 billion trying to acquire bolt-on sales from a hostile dance partner.
And that’s the good news!
DG’s chart looks even worse than its value proposition. Starting from the largest scale and working down, DG’s long-term trend has bent over from a steep climbing angle of attack to a flat range run. The next step here is usually the downside curve of an inverted bowl, but we don’t need to go there just yet to get a good idea of where DG is going next.In the short-term, Western analysis dictates that “all gaps get filled.” And Japanese Candlesticks call this formation an “Abandoned Baby” — a sell signal if ever there was one. Looking to price placement within the long-term trend, we see that DG has visited the top quartile of the trend three times in 30 months, with an average follow-on loss of -21.20%. If DG follows suit again, it would fall to $51.00. But let’s be conservative and posit support at the 50-day (10w) and 200-day (40w) averages at $58.00.
JMHO
Nice job Raphael!
Caught a double on Smith & Wesson Puts yesterday.
MOV closed down 1.48. About .70 lower then when I posted last message. May not stop.
EDU on a mission. Just keeps moving higher day after day.
SWHC seems to have consolidated around the 11.45 to 11.50 area.
Might jump in for some calls. We'll see the action at the open. We Americans sure love our guns.
PEP Pepsi might have some put potential.
McDonalds MCD surprised me bouncing back .60 today.
Have a nice night!
The markets are flirting with new all-time highs for the second day in a row, driven by a titanic headline increase in the July Durable Goods report. But the economy is hardly a monolith right now. In fact, when you back out the huge rise in airplane orders for Boeing BA – NYSE, you actually get a rather tepid report overall, with an actual -1.5% drop in capital goods orders.
The markets aren’t monolithic either. Yes, there are a host of stocks that are “short-proof” — for now. But there are also companies that are falling short of the mark.
The high-end watch maker Movado MOV – NYSE missed consensus today on both revenues and earnings. Management says we shouldn’t worry though, because they expect a huge rush of sales in the second half of the year that will enable them to meet their previous full-year forecast
Frankly, I've heard that song before, and it almost always ends on a sour note.
MOV fell more than -10% on this news, but that’s just the beginning of its slide. The last two times MOV hit the top quartile of its trend, the follow-on loss averaged -28.05%. If this drop follows suit, it should run as far as $32.50. That’s actually a conservative estimate. Because if that’s a Head & Shoulders in MOV’s chart, then that loss would double!
GM SOU, been away. Wife had surgery. Out 6 weeks. Returned to work. Myself, headed for surgery next week. Night knee. Then therapy for 3 to 4 weeks. Have not been as active as before.
Did manage to play Smith & Wesson SHWC Puts for earnings late yesterday. Looks like I might make some this morning.
Dee, you relax bro. Running a board & concentrating on trading
is tough. I find myself doing better also when I don't post all over the place & just stick to trading.
Hope this message finds everyone well!
ukie
I think she needs the ice bucket challenge. It will help
her plastic surgery from melting off her face.
Thanks Eli. Power move coming up!
OK, here we go...........
1. Rory McIIroy
2. Sergio Garcia
3. Adam Scott
4. Justin Rose
5. Bill Haas
6. Jason Day, Brandt Snedeker, Graeme McDowell, Camilo Villegas, Nick Watney.
Thanks Red!
ukie