Option Block 131: Strip Clubs, Extortion and the Yelp IPO
Trading Block: VIX moving back to the north again. Mr. Buffett says everything is cheap — houses, stocks, etc. Is he correctly predicting the bottom of the housing market? Metals/commodity rundown – oil giving back recent gains.
Odd Block: Unusual activity in United Technologies Corp. (UTX), and Marriott Vacations Worldwide (VAC).
Xpress Block: John Grigus discusses the next big IPO ? Yelp. OX’s 1099s are finished and going out today.
Around the Block: Watching the market for the Buffett effect. Also, keeping an eye on Caterpillar. Priceline earnings released, stock up about $30. Jobless Claims 3/1.
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