There’s been lots of frustrating talk about companies with high share prices not splitting their stock. I tend to agree. While technically splitting shares of a stock doesn’t do anything to enhance the value of your investment, it does help to provide greater liquidity for one to get into or out of a position quickly and at a fairer price.
But this is an argument for academics. We’re just here to make money.
Perhaps you’ve seen JCs recently bullish post on Amazon $AMZN and you agree that you’d like to take a long position, but the high share price scares you?
I know what you’re thinking? A bearish play? In this market?
Believe it or not, there are some weak sectors out there, and there’s a stock we’re bearish on that may have just exhausted itself in a last-gasp dead-cat bounce which may be soon reverse and resume its downward trend. [Read more…]
This is the video recording of the December 2019 Conference Call for Members of All Star Options [Read more…]
Believe it or not, there isn’t a bull market EVERYwhere. Of course, if you give yourself a steady diet of SHOUT!TV! then this is not a surprise to you because everything is bearish (on TV).
As we begin the last leg of 2019 into the holidays, trading often gets a little uneventful (last year being a MAJOR exception). Feels to me a great time to be putting some delta-neutral income trades on. [Read more…]
I’m not saying I’m bullish on Disney because my family recently signed up to send them money every month for Disney+, but it certainly has me thinking about the tremendous new source of cashflow to be streaming into their coffers. That’s got to be bullish, right?
Of course, at All Star Charts, all we ever follow around here is price so none of the above really matters, it just makes a nice story. But lo and behold, the $DIS chart sure is setting up for a continuation of what already is a pretty significant run: [Read more…]