Buyback Magic (DIA,QQQ)


Executive Lounge, Options Trader Elite

Buyback Magic (DIA,QQQ)   There are two distinct and opposite forces currently operative in the domestic equity market, both of which have significant clout.   The first is bullish, and, as our partner in crime, Hugh L. O’Haynew, outlined earlier in the week, it’s accounted for exclusively by the corporate buyback tsunami that began shortly […]

July 13, 2018

Get A Haircut! (FXI,QQQ,DIA,USO,IYT)


Executive Lounge, Options Trader Elite

Get A Haircut! (FXI,QQQ,DIA,USO,IYT)   Earlier this week, freewheeling Hugh L. O’Haynew over at our Wall Street Elite desk decided to push the toothless FAANG narrative.  He was keen on portraying them as no match for the traditionally more defensive sectors going forward.   Well, no sooner had the words spilled out of his Visconti […]

June 29, 2018

Buyback Perplexity? Try Italy. (EWI,GLIBA)


Executive Lounge, Options Trader Elite

Buyback Perplexity? Try Italy. (EWI,GLIBA)   Our partner in crime here at The Modern Bull, Her Majesty’s Senior Liege, Hugh L. O’Haynew, earlier this week outlined a quasi-criminal project so widespread in corporate circles today that the Securities Exchange Commission felt compelled to investigate it.   The transgression?   Corporate insiders selling their holdings on […]

June 14, 2018