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Bearish on Gamestop

Tue, 18 Jun 2013 13:40:00 GMT

The following trade alert was sent to subscribers of Steve's Optionsmith newsletter on Friday. I’m taking another stab at a bearish position in Gamestop (NYSE:GME) the video game retailer. This stock has been a bear killer including me when I bought May puts in mid April when it was trading around $33 only to watch it climb to about $39 just prior to that expiration. The stock then tumbled down below $31 over the next two weeks (very frustrating) but has now climbed back to the $39 level. This now creates a double top and offers a new entry point. ...

Fast & Furious

Thu, 13 Jun 2013 14:55:00 GMT

I think you move me. - Wild Thing (The Troggs) On Tuesday they ran stocks back up after a large downside gap. Ditto the overnight session when they moved the futes back up again leading to Wednesday’s strong up open. Now we know why. It was a setup for a large institutional sell program -- a “buy ‘em to sell ‘em” setup. Otherwise they wouldn’t have come apart like a dime store toy in both instances. As my Dad used to say “The market doesn’t move. It is moved.” We saw a similar trap on May 22 shortly ...

The Danger of Rising Rates

Wed, 12 Jun 2013 21:13:00 GMT

The following alert was sent to subscribers of Peter's Fixed Income Report yesterday. Rising Rates are Bad The market has been begging for some great rotation out of bonds and into stocks. They may be getting part of what they wished for – the rotation out of bonds. The problem is that “bonds” are too broad of a term. We are seeing “risky” bonds weaken whether the risk is duration risk or credit risk those markets are weak. What is far less clear (so far) is where that money is going to. This belief that investors will view equities rather ...

Goldilocks Gets Botox

Mon, 10 Jun 2013 14:49:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. In a strange game I saw myself as you knew me When the change came And you had a chance to see through me. -On the Way Home Neil Young One report I read over the weekend said “If you wanted to put together a fake jobs report that would be the most soothing to a frazzled market it would have read pretty much as just released.” ...

The Biggest Bubble of Them All

Wed, 29 May 2013 14:02:00 GMT

Get Jeff's commentary plus day & swing trading ideas each day with a FREE 14 day trial to Jeff Cooper's Daily Market Report. Bearish market participants have been screaming that the bond market is the biggest bubble in financial history. They’ve been banging the table and yelling that when rates rise servicing the existing trillions in debt is going to require even more debt issuance. This will lead to ever-higher rates and a crowding out of the private sector. Is the last card in the current bond game about to be turned? Tuesday 10-year US Treasury yields (USGG10YR) made a ...

Mother of All Fed Cha-Cha Days or Last Tango on Wall Street?

Thu, 23 May 2013 14:33:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. So far we are seeing at worst an orderly decline in the housing market. -Ben Bernanke 2006 Asset prices are not inconsistent with fundamentals. -Ben Bernanke 2013 They say one day doesn’t define a trend. I’m not so sure. Yesterday morning the S&P (INDEXSP:.INX) scored a record high at 1687 and closed down more than 1% off that high. The last two times the S&P hit all-time ...

1929, 1987, and 2013: Three of a Kind?

Fri, 17 May 2013 16:01:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. And as I sat there brooding on the old unknown world I thought of Gatsby’s wonder when he first picked out the green light at the end of Daisy’s dock. He had come a long way to this blue lawn and his dream must have seemed so close that he could hardly fail to grasp it. He did not know that it was already behind him somewhere back ...

Taper Talk: A Serious Look at the Fed's Options

Mon, 13 May 2013 18:45:00 GMT

This piece is a free sample from Peter Tchir's Fixed Income Report. For a two-week free trial including access to Peter's market commentary and exclusive portfolio strategies please click here. Tamp Tamper or Taper It doesn’t matter what you call it and it doesn’t even matter when you call for it the idea that the Fed may be considering scaling back its easing policies is on the table. We have finally gotten the highly-anticipated Jon Hilsenrath article. The alleged Fed mouthpiece (I think he has been wrong more than right lately) has come out and written about possible Fed action. ...

White Swans, Pink Flamingos

Mon, 06 May 2013 13:24:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. You said no strings could secure you at the station -White Room (Cream) The ideas of economists and political philosophers both when they are right and when they are wrong are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men who believe themselves to be quite exempt from any intellectual influences are usually the slaves of some defunct economist. Madmen in ...

White Swans, Pink Flamingos

Mon, 06 May 2013 13:24:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. You said no strings could secure you at the station -White Room (Cream) The ideas of economists and political philosophers both when they are right and when they are wrong are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men who believe themselves to be quite exempt from any intellectual influences are usually the slaves of some defunct economist. Madmen in ...

April Flowers Will Bring May Showers

Wed, 01 May 2013 13:51:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. It’s a sad day when a central bank really wants inflation and can’t make it happen. -Jim Rickards Sure it’s supposed to be the other way around but the markets have a way of turning things on their head. Like a Logic Piñata. The old aphorism is that the markets always do what they’re supposed to -- but never when. This week I heard an astute money manager ...

April Flowers Will Bring May Showers

Wed, 01 May 2013 13:51:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. It’s a sad day when a central bank really wants inflation and can’t make it happen. -Jim Rickards Sure it’s supposed to be the other way around but the markets have a way of turning things on their head. Like a Logic Piñata. The old aphorism is that the markets always do what they’re supposed to -- but never when. This week I heard an astute money manager ...

One of the Smartest Things Apple Could/Should Do With Cash -- Buy BlackBerry?

Tue, 30 Apr 2013 20:05:00 GMT

The following is an excerpt from Sean's TechStrat Report The more I look at the evolution of the smartphone space and what will surely be a highly disruptive (and AWESOME) wearable entry in Google (NASDAQ:GOOG) glass the more I think a simply brilliant move by Apple (NASDAQ:AAPL) would be to buy BlackBerry (NASDAQ:BBRY). This would create a nearly unassailable device entry in the enterprise segment: Apple's ease of use with Blackberry's security. Now as readers know the minute I saw Google Glass I said I loved it and that it would be huge while most others asserted skepticism if ...

One of the Smartest Things Apple Could/Should Do With Cash -- Buy BlackBerry?

Tue, 30 Apr 2013 20:05:00 GMT

One of the Smartest Things Apple Could/Should Do With Cash -- Buy BlackBerry?

Mon, 29 Apr 2013 22:05:00 GMT

One of the Smartest Things Apple Could/Should Do With Cash -- Buy BlackBerry?

Mon, 29 Apr 2013 22:05:00 GMT

FREE Webinar With Options Guru Andrew Keene, Today at 4:30 p.m. EDT!

Thu, 25 Apr 2013 16:15:00 GMT

Dear Investor Earnings season is always a tricky time and that’s doubly true in this era of slowing economic growth and rising central bank influence. To help investors make it through with maximum profitability and minimal stress we’re bringing in options expert Andrew Keene to break down his top trading strategies in a live interactive webinar today at 4:30 p.m. EDT. Andrew was an independent options trader on the Chicago Board Options Exchange for 11 years making markets in over 125 stocks and acting as one of the biggest Apple (AAPL) traders in the world. Since then Andrew has ...

FREE Webinar With Options Guru Andrew Keene, Today at 4:30 p.m. EDT!

Thu, 25 Apr 2013 16:15:00 GMT

Please note this webinar has already taken place. You can watch the recording here on Youtube. Dear Investor Earnings season is always a tricky time and that’s doubly true in this era of slowing economic growth and rising central bank influence. To help investors make it through with maximum profitability and minimal stress we’re bringing in options expert Andrew Keene to break down his top trading strategies in a live interactive webinar today at 4:30 p.m. EDT. Andrew was an independent options trader on the Chicago Board Options Exchange for 11 years making markets in over 125 stocks and acting ...

The Last Resort

Thu, 25 Apr 2013 13:54:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. When you’re on a golden sea You don’t need no memory Just a place to call your own As we drift into the zone -Island in the Sun (Weezer) According to a report from Bloomberg dated April 25 2013 “Central banks guardians of the world’s $11 trillion in foreign-exchange reserves are buying stocks in record amounts as falling bond yields push even risk-averse investors toward equities.” One of ...

The Last Resort

Thu, 25 Apr 2013 13:54:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. When you’re on a golden sea You don’t need no memory Just a place to call your own As we drift into the zone -Island in the Sun (Weezer) According to a report from Bloomberg dated April 25 2013 “Central banks guardians of the world’s $11 trillion in foreign-exchange reserves are buying stocks in record amounts as falling bond yields push even risk-averse investors toward equities.” One of ...

FREE Webinar With Market Guru Peter Tchir: Is There a Bubble in Bonds?

Wed, 17 Apr 2013 17:02:00 GMT

In recent years we’ve seen a historic bull market in bonds driving US Treasury yields to near-zero levels and presenting some very pressing question to investors: Is there a bond bubble? And if so is the bond market about to burst like the dot-coms in 2000 and housing in 2007? To answer these questions we’ve brought in Peter Tchir author of our all-new Fixed Income Report for a free interactive webinar today at 4:30 p.m. EDT. Peter founded the leading fixed income research firm TF Market Advisors following a highly successful Wall Street career during which he headed up major ...

FREE Webinar With Market Guru Peter Tchir: Is There a Bubble in Bonds?

Wed, 17 Apr 2013 17:02:00 GMT

False Moves Lead to Fast Moves: Market Set for Sea Change

Wed, 17 Apr 2013 13:55:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. Here I am again in this mean old town And you’re so far away from me -So Far Away (Mark Knopfler) An ideal buy point for Tuesday on a trading basis would have been a down open. As you know and as noted in an alert just after Tuesday’s open up opens following real distribution days are seldom the stuff of upside reversals. So yesterday’s rally was suspect ...

False Moves Lead to Fast Moves: Market Set for Sea Change

Wed, 17 Apr 2013 13:55:00 GMT

Editor's Note: The following is a free edition of Jeff Cooper's Daily Market Report. For a two-week FREE trial of his daily commentary and nightly day and swing trading picks click here. Here I am again in this mean old town And you’re so far away from me -So Far Away (Mark Knopfler) An ideal buy point for Tuesday on a trading basis would have been a down open. As you know and as noted in an alert just after Tuesday’s open up opens following real distribution days are seldom the stuff of upside reversals. So yesterday’s rally was suspect ...

Google Fiber: The Current Naysayers Will Love It in 3 Years

Thu, 11 Apr 2013 21:50:00 GMT

Folks there's a firm new bearish argument for the Google (GOOG) and that is the pending rollout of Google Fiber. Now I could point out that every "big bear attack" on Google spending too much money has been proven wrong -- YouTube Android Motorola making smartphones Gmail and heck for that matter starting the company to go after Internet Search when the industry leaders had essentially quit innovating and investing in search. But let me just focus on the current bear arguments against Google Fiber and attack them head-on: 1. Google Fiber is going to cost too much money. 2. ...