Search Results for 'SKX'
WhatsTrading.com Options Recap — 04/24/2013
Market action is mixed with earnings news driving a lot of the activity Wednesday. Apple Computer (AAPL) has been seesawing around the $400 level in the wake of its earnings report, but the stock isn’t much changed heading into the final two hours of trading. While the forward guidance disappointed, news of an increased buyback [...]
WhatsTrading.com Options Recap — 04/12/2013
Stock market averages are lower, but the losses are modest given the very poor economic data and the bloodletting in the commodities markets today. I’m hearing traders were literally puking on the floor at the futures exchange in Chicago today after gold skidded more than $66 to less than $1,500 – lowest levels since mid-2011. [...]
WhatsTrading.com Options Recap — 02/14/2013
Market action is mixed and continues to lack conviction Thursday. Stock index futures ticked lower before the opening bell after data showed Japan’s GDP declining by .4 percent and Eurozone growth down .6 percent in the fourth quarter. European equity markets fell into the red and the euro dropped to 1.3355 on the dollar. Yet, [...]
WhatsTrading.com Options Recap — 10/25/2012
Stock market averages have seesawed back and forth and are holding modest gains heading into the final hour. Economic news was mostly positive and included a surprise 9.9 percent jump in September Durable Goods. An 8 percent increase was expected. The Labor Department reported that Jobless Claims fell to 369K last week, from 392K and [...]
WhatsTrading.com Options Recap — 10/02/2012
Stock market averages are lower heading into the final hour of trading Tuesday. With no domestic economic news to guide the action, headlines from the Eurozone have resulted in some choppy market action, as stocks edged higher early on talk Spain was ready to accept a Eurozone bailout, but then faltered midday after Spain’s Prime [...]
WhatsTrading.com Options Recap — 08/22/2012
Today’s recap will be brief because I just left the CBOE and running around Chicago this afternoon. S&P 500 is drifting down 4 points to 1,409.17 and volumes remain light heading into FOMC minutes due at 14:00 EDT. Existing Homes sales were up to 4.47 million in July, but that fell short of analyst expectations. [...]
WhatsTrading.com Options Recap — 08/21/2012
The S&P 500 rallied to a high of 1,426.68 points early and briefly surpassed its April multi-year high of 1,422.38 this morning, but the early gains didn’t hold. The S&P is back to 1,414 and 12 points from its best levels. There’s been no economic data or positive earnings news to drive the market higher [...]
Options Recap — 07/26/12
Stock market averages rallied early on hopes for Europe and the gains are holding heading into the final hour Thursday. Equity markets surged across the Eurozone, including a 6 percent gain in Spain’s IBEX, after ECB President Draghi pledged to support the euro as needed. While the rhetoric amounts to mere words thus far, the [...]
Skechers USA (SKX) $20.00 +3.68%
Skechers (SKX) is running to 52-week highs in active trading of 880K shares after Sterne Agee upgraded the stock to Buy from Hold. Shares are up 83 cents to $20.12 and options volume is 2.5X the daily average. 3,360 calls and 610 puts so far. In-the-money Jun 18 calls are the most actives and are [...]
Skechers USA (SKX) $16.34 +0.55%
Bullish sentiment noted in Skechers this morning, with call volume running 8x normal, and June 17 calls leading the flow as shares trade up 1% near 16.41. 1100 contracts have traded today, all for 45cents, and the same contract was active Friday with 2600 contracts trading for an average price of $.35 cents, net opening [...]
