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Market Top looming? Long SPY puts

  • Author: Terrence
  • Ticker: SPY
  • Trade Opened: Apr 11, 2013
  • Trade Closed: May 3, 2013

I like to try and call tops and bottoms – but as all of you experienced traders know, calling the exact top and bottom and posturing your trades around that exact time tend to be losing propositions.
Nonetheless, we are all entitled to our opinions, and I am going out on a limb and calling a top in the . . .

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Expect an Earnings Miss from AOL

  • Author: Terrence
  • Ticker: AOL
  • Trade Opened: Apr 30, 2013

America Online is a well known company for those of us who were on the internet before names like Google, Facebook, and Twitter existed. AOL was the way virtually everyone accessed the internet, and was the way that everyone accessed their email. AOL had basically a monopoly on American internet users, . . .

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Bears could get nervous about ITT Education (ESI)

  • Author: Terrence
  • Ticker: ESI
  • Trade Opened: Apr 19, 2013
  • Trade Updated: Apr 25, 2013

While the current trading environment is not extremely conducive for short squeezes, I think we could get one in ITT education (ESI) when they report earnings on April 25. ESI has historically been a highly shorted stock, which has undergone extreme price fluctuations due to bearish speculation through . . .

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Profit from Earnings Volatility and Straddle Infinera (INFN)

  • Author: Terrence
  • Ticker: INFN
  • Trade Opened: Apr 18, 2013
  • Trade Closed: Apr 25, 2013

Earnings season is a very volatile time period for stocks, and over time I’ve learned one thing about trading around earnings releases… you can count on an increase in price volatility after the event happens every time, but you can’t reasonably predict what direction a stock will go after the event. . . .

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Healthplan insurers run higher (ESRX, WCG)

  • Author: Terrence
  • Ticker: ESRX
  • Trade Opened: Feb 8, 2013
  • Trade Closed: Apr 23, 2013

Molina Healthcare beat earnings after the bell last night and raised FY guidance. All insurance plan stocks are up on the news. There are 2 companies left to report, and I’m going long both of them
Also noticeable is that most of these health insurers had large gaps down in early 2012, and they’ve . . .

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Buy Virnet Holdings on $368m Verdict against AAPL

  • Author: Terrence
  • Ticker: VHC
  • Trade Opened: Feb 27, 2013
  • Trade Closed: Apr 23, 2013

News that VHC holders have been waiting for finally arrived today. The judge in the patent case confirmed the injunction that VHC asked to be filed against AAPL for the use of its IP in the Iphone5. Shares are reacting positively to the news up about 5.5%. Even with today’s rally, the a bull trade . . .

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