3 Stocks I Saw on T...
Questions asked and answered by KURT ANDERS
- Q:
Chipotle Mexican Grill (CMG):
My absolute favorite restaurant play and one my favorites. Seeing the potential
for a great straddle play here as the market trades in this steady range....
Any big move to the upside at this stock easily surpass $100. I sense a market
correction and this stock could retreat down to the low 70s. Possible 3:1 win on
a $10 move in this stock in either direction... Looks appealing to me.
Very well run corporation with a very compelling business model. One of my
favorite places to eat as well....
Any thoughts? -
Asked by Kurt Anders -
1 months ago -
1 answers -
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A: hey Kurt, there is an article on CMG in this weekend's IBD, page A8: "Why Chipotle
Promotes from Within". (This is in IBD's "managing for success" column.)
CMG is also in the IBD 100, it is #80 (it's been in the IBD 100 for weeks). The mentions
in IBD have an upside and downside. The fact that it's mentioned in IBD at all is an
upside and a downside. Upside because IBD's focus is on stocks within their CANSLIM model
(earnings growth, strong technicals, etc). Downside because visibility in IBD increases
volatility by attracting momentum and other short term traders. more - Post your own answer
- Q:
Does anyone know if Jim posts under an alias on thestreet.com? I've seen a
series of comments throughout the day on multiple articles written. It'd be nice
to know if it's him making these because a lot of them coincide with what I've
perceived as some of his views on the market......
Thanks for any input.... -
Asked by Kurt Anders -
1 months ago -
3 answers -
295 views
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A: Chanel outlet is dedicated to provide you the
Chanel online, href="http://www.chaneloutletgo1.com">Chanel online store, href="http://www.chaneloutletgo1.com">Chanel Bags online all over the world with EMS,
free shipping. To secure your order we adopt online credit card payment and for each items
sold, 14 days money back guarantee is made. more - Post your own answer
- Q:
Market up about $64 as the crude pits closed. I anticipate some afternoon
sellers to step in towards the end of the day here leading into earnings reports
after the close from additional retailers. Just my two cents on the day's
action. Any thoughts appreciated. -
Asked by Kurt Anders -
1 months ago -
4 answers -
217 views
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A: THEY ARE TRYING TO RUN UP FUEL PRICES AGAIN. THIS MARKET IS DUE FOR A 20% CORRECTION AT
LEAST. more - Post your own answer
- Q:
Anyone else think it is a great time to start writing covered calls for their
equity holdings? Looks like this market is set to trend steady, or slightly
downward for the next several weeks in my opinion. -
Asked by Kurt Anders -
1 months ago -
8 answers -
261 views
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A: IMO, you should be writing calls every month. It's just a question of at what strike,
which will vary with your bullish/bearish outlook. For example, if you own some stock at a
low cost basis in a taxable account and don't want it called away because of the tax event
then you should write calls that are 7-10% out of the money each month. You may only get
0.5%/month, but that's 6%/year that you're not getting otherwise.
On the other hand, if you want to do buy-writes then I prefer ITM calls. If not called
then you own stocks you like at a discount to what you were willing to pay today anyway.
And with the new weekly options you can have 4 expirations/month (on some securities)
which, for those of you action junkies, should keep you busy all month.
MikeS
http://www.borntosell.com
covered call investment tools more - Post your own answer
- Q:
What is the major news out there dragging down the futures? I see the AIG news
but struggle to see how that could possibly be a big surprise..... -
Asked by Kurt Anders -
1 months ago -
9 answers -
980 views
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A: The sheer size of the insurance and derivative contracts on AIG books is bad enough.
However, as the markets get worse, AIG exposure to those risks that it insured is getting
larger. Thus AIG is caught in a viscous downward spiral. more - Post your own answer
- Q:
Been watching a couple indicators all week:
Gold continues to be unable to sustain a rally despite the supposed fear in the
market.
Recent market leaders have been the primary source of the downfall over the last
few trading sessions.
The VIXX continue to narrow in the trading range its been forming over the last
couple weeks, more specifically the month of February. See lower highs and
narrowing bollinger bands.
Sentiment extremely bearish yet no washout and simple drip, drip, drip type
selling.
Was looking at a break of the 740 level to initiate long positions. Got that and
hit a somewhat subjective level of support at 734. Ran some numbers adjusted for
inflation back to 1996-1997 and it seems as if there might be some relative
support in the range we hit today. My personal trigger was a break under 740.
Continue to look for an extended rally past 780, and through to 810 or so on the
S&P 500.
Thoughts? -
Asked by Kurt Anders -
1 months ago -
4 answers -
247 views
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A: thats not bad. but first things first. the gap today. gotta get north of that to look for
any reasonable reason for rally.
its a key support level, more than most know. but as i say; whats the trend? down you say?
support shouldnt be trusted then. more - Post your own answer
- Q:
Anyone thinking the education stock rally has been a bit overdone?
If so, check out LOPE.... Recent IPO up nearly 50% this year. I'm thinking this
downside is just beginning. Any thoughts? -
Asked by Kurt Anders -
1 months ago -
3 answers -
182 views
Bookmark this User - Bookmark this question - Report Abuse - A: i dont worry about how much its up. a close below 17 is just ugly more
- Post your own answer
- Q:
Buying XHB, FAS, UYG, RTH, CAL, RIMM, URE, XOM, CVX.
Selling GLD, Looking to short GS, AMZN, PCLN, and AAPL.
Using front month option contracts (March 2009)
*Must break 740 on the S&P -
Asked by Kurt Anders -
1 months ago -
13 answers -
351 views
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A: I'd hold off on uyg til the major banks go under, or bought by the govt., and price starts
going up. Until then, the overall market doesn nothing, including other financials. more - Post your own answer
- Q: let's get those garbage trucks ready......
-
Asked by Kurt Anders -
1 months ago -
6 answers -
219 views
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A: and live in them ??? becaus thats where the market is predicting where we will all be
living in another year...there is just way too much negitive action out there more - Post your own answer
- Q: We won't hold this time... At least I don't think so.... Still looking for $740
-
Asked by Kurt Anders -
1 months ago -
14 answers -
349 views
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A: here it comes:
put your finger on that trigger :) more - Post your own answer
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