Disney delays release dates on entire Marvel movie slate–including Black Widow
You know that Disney (DIS) is really serious about the likelihood of continued social distancing measures disrupting movie going for months when it delays the release date of Black Widow, once intended as the tentpole of its summer schedule. Black Widow has been...
Buying Puts on Brazil ETF on today’s emerging market rally and worsening coronavirus recession in Brazil.
I understand why U.S. and European stocks are up so strongly today on news that the rate of new infections is dropping in Spain and Italy and that New York looks to be on a similar path with a possible peak in coronavirus cases sometime in the next week to 10 days....
Disney gets another negative vote–but one that’s still more positive in the short run than I am
Gugenheim analyst Michael Morris issued a deeply pessimistic call on Walt Disney (DIS) shares on Thursday, April 2. He's still more positive on the stock than I am in the next six months or so. Â While I continue to hold Disney shares in my long-term 50 Stocks...
Market climbs on 6.65 million new claims for unemployment? Buying Starbucks Puts
Okay, I simply don't understand how the government could report 6.65 million new claims for unemployment in the week ended March 28--up from 3.31 million (revised) the week before--and stocks climb. As of 11:15 a.m. New York time the Standard & Poor's 500 was up...
Play it again, Nvidia–I’m putting my Nvidia puts back on in what I think is a bear market rally
Back on March 10 I bought Put Options, a bet that a stock will fall, on Nvidia (NVDA). I sold those Puts on March 17 for a gain of 106%. When I bought the Puts Nvidia traded at $261.08 a share. When I sold those Puts Nvidia traded at $219.7 a share. The shares have...
Selling my Nvidia and Apple puts on talks of $850 billion stimulus package
Talks between Congress and the White House over a stimulus package of as much as $850 billion--designed to flood the economy with cash--have left stocks in a buoyant mood today. I think the package is likely to pass in the next week or so and that will restore even...
Adding Nvidia puts as “bear protection and profit play” to Volatility Portfolio
Earlier today I sold shares of Nvidia (NVDA) out of my Jubak Picks portfolio out of worry that we are looking at a further market dip that's likely to be especially hard on technology momentum stocks. Now I'm adding put options on Nvidia in my Volatility Portfolio...Putting on those Apple puts in today’s rally
One reason I decided to wait yesterday to put on those Apple (AAPL) September 18 puts (AAPL200918P00250000) in my Volatility Portfolio until today was a hope that the extremely wide bid/ask spread of Monday would narrow so that the put options wouldn't be as...
Still selling Intrexon (now Precigen) even though the 293% gain yesterday wasn’t real
Frankly, my first reaction was to think it was a misprint, especially because while the ticker still read XON, the name of the attached stock had changed from Intrexon to Precigen. And it was. A misprint, that is. The print yesterday showed that the stock, a member of...
Gold in ETFs nears record; what’s next for the yellow metal?
Gold held by ETFs (exchange-traded funds) hit the highest level in seven years on Tuesday as investors and traders piled into the traditional hedge against uncertainty and stock market volatility. Worldwide gold holdings in ETFs rose to 2,561.2 tons as of Tuesday, the...
I think today is just a pause in the China-coronavirus selling; I’m selling JD.Com out of my Volatility Portfolio today on the bounce.
In my thinking we've still got a way to go before markets can breathe a true sigh of relief and put coronavirus fears behind them. And move onto worrying about other things like economic growth rates in China, rising debt levels, and earnings growth for U.S. stocks in...Jim’s Stock Alerts
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