Option Block 140: Doing Stuff with the Funk
from The Option Block
Option Block 140: Doing Stuff with the Funk Trading Block: The markets were aimless today except for Apple carrying the NASDAQ. It's a weekday, so Apple must be up 1%. Vol rundown. The mainstream media finally starts to pick up on what we've been saying about VIX, VXX and the TVIX all along, “Curious Case of VIX and VIX Products.” Odd Block: Activity review from March 8: Carnival Cruise Lines (CCL). Unusual activity today in: Wellcare Health Plans Inc. (WCG). Xpress Block: Newcomer Anitra DuPart jumps into the OX hot seat and today's customer activity at optionsXpress. Jobless claims and an Apple rally gave a little bounce to the market. Bed, Bath & Beyond (BBY) came out with earnings today, profits up 32%. Strategy Block: Uncle Mike Tosaw sits down and discusses some valuable life lessons. First, you must have trust when working with a business partner, financial planner, etc. - even Bernie Madoff has a clean record. Second, you must understand the important of financial education. Around the Block: Watching the weekend, it hasn't really come out yet. The endless European crisis continues, but switches the Spain.
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