The realization that President Trump will have a rocky road ahead passing funding bills is weighing on these stocks. As both of these options expire in just one month, I’d take profits before the time value begins to fade. The Aecom (NYSE: ACM) puts are up… Read More
Analyst Articles
Sell U.S. Concrete (NSDQ: USCR) U.S. Concrete is falling hard today on news of its CFO departure AND a change in auditors. This is highly unusual and despite the company saying the changes are not related to each other, it seems unlikely. The previous auditors signed off on the company’s… Read More
Sell to close the May 19, 2017 put on Campbell Soup (NYSE: CPB) with a strike price of $57.50 at $2.27 or higher for a 64% gain. Symbol (CPB170519P57.5) As predicted, General Mills’ (NYSE: GIS) disappointing quarter yesterday showcased how little appetite consumers have for packaged… Read More
Investors like good news. They like to buy stocks with good news, and they like those stocks to rise immediately. For a while, this was true for construction and infrastructure stocks. The price increases of these stocks, affectionately known as “The Trump Bump” may be getting long in… Read More
Our option positions have a busy week ahead. There are three events which could weigh in on the trading of our bearish food positions. We entered three new put positions last week in the following stocks: Campbell Soup Company (NYSE: CPB), Kroger (NYSE: KR) and… Read More
My timing on the H&E Equipment (NSDQ: HEES) call purchase could not have been worse. We bought the calls just as oil prices were rolling over. Despite the fact that just a fraction of H&E’s revenue is reliant on new oil discovery the stock traded down with the group. Earnings… Read More
I’m feeling queasy over food stocks. A global slowdown in demand for processed goods and increasingly expensive acquisitions are weighing down profits. The small bump in growth provided by the expansion of food aisles in Target and Walmart has dissipated. Many have reached for growth via high priced… Read More
Prepare for the tail to wag. I’m talking about the statistical tail, the one at the far ends of any bell curve. For residents of the East Coast this week, that meant dusting off those shovels that have sat idle for the past few months. Read More
Earnings season is quieting down. Air Transport Services Group reported last Tuesday but otherwise it will be about a month before some of the early birds start reporting in May. Overall our stocks enjoyed a great season with many seeing big surges in revenue and earnings. Read More
Winnebago (NYSE:WGO) has finally started to drop and I expect it will be weaker today due to a downgrade from Outperform to Market Perform by BMO Capital. The brokerage firm lowered the price target by 28% to $29. The firm is worried that Winnebago’s turnaround could be stalling out. Competitor… Read More