We're closing three of our equity positions that have rallied strongly and are now past their expiration dates. Read More

Xerox jumped more than 8% this morning after upgrading earnings guidance for 2019, so I'm booking my gain while it's there for the taking! Read More

The fact of the matter is Target has been proving its naysayers wrong, and I believe its Q4/year-end results released the first week of March will make clear its superiority to its peers. Read More

We closed out a modestly profitable position in a Xerox a year ago, and I think we can do considerably better this time. Read More

Signet has become oversold and should rally strongly during the first quarter of 2019. Read More

I’m not expecting ABBV to get back to $125 anytime soon, but return to $98 would earn us a 50% return on this call option. Read More

I am expecting the stock market to assign a higher valuation to IP in response to a very different set of economic and political factors in 2019.   Read More

I can’t rationalize closing out this position at what I believe is an absurdly low price for WDC so I am extending this trade into January to capture the next set of quarterly results. Read More

I’m expecting JCI to issue stronger than expected earnings guidance for 2019 based on the outcome of the two transactions closing this quarter. Read More

The big difference between now and two weeks ago is investors’ perception of the company. The question of what it would take before GE finally took drastic action has been answered emphatically. Read More