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Google (GOOG)- A Bearish Play

by OptionPundit on October 2, 2009

It was an intense sell-off day with down volume accounting for over 90%. All of the major indices have now broken and closed below their September 25th lows and their uptrends dating from the July 8th. Chicago PMI had already provided hints that things aren’t that rosy yet. But hey, who knows. This might be [...]

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Is It a Follow Through Wednesday?

by OptionPundit on May 27, 2009

A few days back I mentioned about “show me the volume“; It was no different yesterday in spite of such a huge market rally. And even after what might look like a resumption of the bullish trend, it was no way closer to a 90% upside day for NYSE. So handle with care. Pete of [...]

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A Terrible, and A Fantastic Week

by OptionPundit on October 5, 2008

It was a terrible week for U.S. stocks and equally for almost every major stock markets worldwide. The Dow fell 157.47 points, or 1.5%, on Friday to close at 10,325.38, racking up a 7.3% drop for the week. The Nasdaq Composite Index fell 29.33 points, or 1.5%, on Friday to close at 1,947.39 and lost 10.8% for [...]

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Pre-Market Losers

by OptionPundit on September 15, 2008

A fantastic day (of course assuming that one embraces volatilities well) for some bearish play. Bearish plays on a bearish day can yield significant returns but one needs to be very careful and should clearly defined entry and exit points well in advance. Before I share the list, pls note that we may play some speculative trades for [...]

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Ospraie to shut flagship commodity hedge fund

by OptionPundit on September 4, 2008

Ospraie, It took 8 years to reach where it was, one of the largest commodities fund. It took nearly (or less than) 8weeks for it to close! According to a news published on Reuters, Ospraie Management LP is shutting its flagship commodity hedge fund after losing 27% in August and almost 40% this year, according [...]

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