Wednesday, September 25, 2013
Dear Carl Icahn... When Will You Tweet About Dinner With Tim Cook?
My feet still hurt from walking around Fifth Avenue for my meetings yesterday. I ended up meeting 4 companies. 3 of them are interested in the project I was pitching, but I decided I only want to work with 2 of them. I need 4 other companies to get involved and will be meeting two other companies next week and calling a few others this week. Let's see if a 'telephonic conversation' - in 9FM's words - can be as effective as an actual meeting.
In the interim, my AAPL calls are getting 'cooked.' The worst part is that I had a chance to take profits the day before, but I decided I wouldn't get faked out this time and continued to ride a trade that has lost its momo.
I'll continue watching AAPL though. I want to pick up some more calls right before Earnings Announcement and if I can get into a straddle, I will. Otherwise, I'm staying unilateral. I'll negotiate with Iran, but won't talk to Congress...
One day, people will be saying: 'Don't fight Carl Icahn!'
+1.02% SBA
-2.80% Roth IRA
-0.40% DJIA
-0.19% Nasdaq
-0.27% S&P
-0.30% FTSE
-0.10% Eurofirst
-0.76% Nikkei
-0.41% Shanghai
-0.32% SENSEX
+0.13% Hang Seng
-0.86% WTI
-0.63% Brent
+1.45% Gold
+0.26% Copper
+1.17% Corn
+0.40% EUR/USD
+0.52% GBP/USD
-0.66% DJT
-0.50% VIX
0.96 Put / Call Ratio
-2.61% 5-Year US Treasury Notes
-1.47% 10-Year US Treasury Notes
48% Advancing Issues on NYSE | 49% Up Volume
49% Declining Issues on NYSE | 49% Down Volume
3% Unchanged | 2% Unchanged
45% Advancing Issues on Nasdaq | 58% Up Volume
50% Declining Issues on Nasdaq | 40% Down Volume
5% Unchanged | 2% Unchanged
Today's Major Headlines
Barclays To Retreat From 100 Wealth Markets
US Could Run Out of Funds By October 17
Alibaba Abandons $60 Billion Hong Kong Listing
Skyscraper Index?
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