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Trade Breakdown: BIDU

Strategy

BIDU has been a name we have been monitoring for a few weeks for a breakout. From May 17th to May 21st, the stock tumbled 42 points from a high of $282 down to $240. Since then the stock stayed rangebound between $240 to $245. As it hit the lows on May 21st we saw a $1.57M call sweeper hit …

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Action in Review | Money into Asia | October 16th, 2017

Wiseguys decided to do some shopping in Asia. That, and buy up some downgrade weakness. Nothing like an ornery analyst to inject a bit of volatility into these lazy markets.

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Action in Review | Gambling on China | Nov 29th, 2016

A calamitous overnight session gave way to a face ripping opening bell as traders tried their best to balance Trump Cabinet appointment and OPEC headlines.

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Action in Review | A Moist Day In February | February 16th, 2016

To look at the SPY you’d think there was a whole lot going on today.

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Action in Review | Smart Money Loves $BAC | November 18th, 2015

Crude set the tone for the day yesterday when it gaped over $41 in postmarket action.

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Action in Review | Apple Stock Sinking? – August 3rd, 2015

$AAPL breaks below 200-day moving average, and biotech names pop.

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Action in Review | Bull Cycle Slowing – July 21st, 2015

Bullish activity slows as we near all time highs