Manufacturing Is On Fire

Manufacturing Is On Fire

Last week the primary manufacturing gauge, issued by the Institute for Supply Management(ISM), reached its highest level in fourteen years.  Is this a clear signal that the current economic cycle has plenty of fuel remaining or is this a sign of exhaustion?  Over the...

Hail Caesar??(CZR)

Active trading today (and a continuation of recent activity all week long) in Caesars Entertainment (CZR) upside call options. Today’s activity is focused on buying of the Oct 19th expiration 11 calls between $.35-40 with the stock around $10.60. Over 10,000...

Gold Miners Back from the Dead??

Can’t think of a more forlorn or hated sector than gold miners (as represented by the GDX etf) which has gotten crushed over the past few months. A bit of stirring seen today, and possible signs of life especially in Goldcorp (GG) where over 25,000 Oct 19th...