Using option activity as an indicator for impending price moves is difficult, subjective, and unreliable. That being said, it can help confirm other indicators and increase the probability of a profitable trade.
Last week’s deal to purchase EAT24 delivery division from Yelp cements Grub’s position as industry leading with now more than 50% of the food delivery market.
I’ve been a long time skeptic of gold and remain stubbornly bearish regarding its long term outlook. To my mind the oft cited purposes that give it value are diminishing or gone; it’s use an alternate currency is quickly being replaced bitcoin; the ability to hedge against inflation has been spurious; and using it as […]
Earnings season has officially kicked off this morning with some of the big banks such as JP Morgan (JPM) and Citibank (C) reporting mostly better than expected numbers.
Quick, name the best performing stocks over the past five years. If you cited the usual suspects such as Facebook (FB) Amazon (AMZN) and Apple (AAPL) which had gained 325%, 310% and 85% respectively since 2012 you would be wrong. But one name that surprises most people when it appears the list is Dominos Pizza […]