Consider ZUMZ Call on Overreaction

Just last week, we closed the second half of the DIA July 182 put and the KORS July 47.50 call for respectable gains. We still hold a MCD June 95 put and a new MCD August 97.50 call. We hold the AXP July 80 call, the QCOM June 67.50 put, the ERIC July 11 call, and the...

Exit DIA and KORS

In May, I recommended a buy on the DIA July 182 put, exiting half for gains of 16%. Today, I’m recommending that you sell to close the second half for gains, as well. In late May, I also recommended a buy on the KORS July 47.50 call, exiting half for gains of 47%...

Exit half of KORS, Consider MCD

As expected, KORS is just beginning to move higher from our May 28 recommendation. There’s a good amount of upside remaining here. Consider selling to close half, though, to secure gains. As for new trade ideas, consider a long bet on McDonald’s (MCD). The stock has...

Consider ONTY Short

After a great string of gains, the market decided it wanted to lose its mind, and trend sideways in a tight channel. For weeks, we’ve been caught in this madness of dips and spikes. But now, as the party in China begins to wind down, and as rate hike fears reemerge,...