Brazil ETF Deals With Specter Of Credit Downgrade

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The iShares MSCI Brazil Capped ETF EWZ and other exchange traded funds with large exposure to Brazilian have recently been wracked by controversy as another political corruption probe works its way though Latin America’s largest economy. After plunging more than 16 percent May 18 in what was one of its worst intraday performances since coming […]

The Market In 5 Minutes 5/24/2017

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It may be disappointing, but the “Red Dead Redemption 2” delay is nothing unusual in the video game industry, especially for Take-Two (TTWO)’s Rockstar Games: The new partnership between Alphabet Inc (GOOG) (GOOGL)’s Waymo autonomous vehicle technology unit and ride-hailing company Lyft may have given birth to a legitimate Tesla Inc (TSLA) competitor: Following Rep. […]

Todd Gordon’s Tesla Hedge

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Todd Gordon spoke on CNBC’s “Trading Nation” about Tesla Inc TSLA. He has a long position in the name and he’s concerned it could trade lower. Gordon wants to hedge his long-term position by purchasing the June 2, 305/295 put spread for $3.05. The trade breaks even at $301.95 or 2.71 percent below the current […]

Scott Bauer’s Momo Options Trade

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Scott Bauer of Trading Advantage suggested on Bloomberg Markets a bullish options strategy in Momo Inc (ADR) MOMO. The company is going to report earnings on Tuesday and the options market is anticipating a $5 move in either direction. Bauer thinks that the stock is going higher and he wants to buy the May 46/49 […]