Painful Market Opening
We were looking to initiate a bullish earnings play on Kroger this morning ahead of its Thursday’s earnings report.
Viper Trader
Russia Turmoil Sends Crude Oil Higher
As we begin the week on increase turmoil between the Ukraine and Russia(RSX, quote) energy traders are seeing the highest crude oil prices since September of last year as producers are fear political driven supply disruption.
Option Trade Alert – New Trade
Option Alert Service Signal New Trade Suggestion
Trading India’s Continuing Climb Higher
Has India (INDY, quote) begun to turn? India’s Sensex and Nifty moved higher for the past 4 sessions despite a shorten trading week on account of Mahashivratri (Thurday).
Chesapeake Energy Corporation $2.3B Bond Offer Hits Snag
Chesapeake Energy Corporation (CHK, quote) announced today it plans to offer $2.3 billion of senior notes in order to help fund a tender offer worth about $938 million in outstanding senior notes.
Currency Outlook
Traders start out the week with the U.S. dollar broadly lower against the major currency pairs. The moves comes on the hope the U.S. policymakers can reach a deal before the fiscal cliff deadline which in turn pushed sentiment toward risk appetite assets and away from the safety of the U.S. dollar.
Euro Outlook
A portion of this post was published also in the public section Traders start out the week with the U.S. dollar broadly lower against the major currency pairs. The moves comes on the hope the U.S. policymakers can reach a deal before the fiscal cliff deadline which in turn pushed sentiment toward risk appetite assets and away from the safety of the U.S. dollar.
Intel Option Update
A quick Intel (INTC, quote) update on our option position from earlier in the week.
Intel Option Trade
Intel Corporation (INTC, quote) has been in downward spiral for the past 6 months as traders leave the chip maker on concerns of a landscape shift away from the desktop to tablets and other mobile devices. To see just how of impact the mobile landscape is look no further than the giant stodgy software maker Microsoft (MSFT, quote) as they ready their release of Windows 8 which attempts to branch
Currency Carry Trade
We had a subscriber ask about any suggestions where to look for possible currency ETFs action. Interest rates at record rates not only in the U.S. but globally as well. Add into the mix huge amount of monetary easing like QE3 from U.S. Federal Reserve and central banks around the globe like Japan, Australia and England just to mention a few has seem have broken the system.