About mePrimarily a weekly options writer with a track-record of producing quarterly non-annualized returns between 15% and 25% based upon a proprietary trading model. Necessity dictates a stock trading strategy from time-to-time.
I think CMG has accumulated way too much hype and expectation in the recent run-up, which has caused the stock to rise above a flagging technical indicator. I expect that Earnings coming out Tuesday after market close will either disappoint or will fail to sustain the bull run any further, and that CMG will "revert back to the mean" by forming a significant...