This morning, I will be closing 2 trades that are currently beyond their stop. One winning and one losing trade: Jan 4th: Long Tripadvisor (TRIP) vs Short Yelp (YELP):  This trade currently stands at -32.79% on the back of an incredible jump by YELP following its latest earnings and specifically its decision to sell its Eat24 business to Grubhub. March 16th: Long Priceline (PCLN) vs Short Travelzoo (TZOO):  This one currently stands at +28,59% and its incredible how reliable of a play being long Priceline (PCLN) has been over the past couple of decades. Just stunning and I’d actually bet that will continue. [Read More...]

This morning I will be closing one of the 4 existing live trades, where in April I went long Facebook (FB) and short Match Inc (MTCH). Obviously, MTCH has done extremely well and continues to be the clear leader in the online dating space. That trade currently stands at -29.69% bringing down the average of the year to barely breakeven. [Read More...]

This morning, I will be closing one of the 4 live trades that I currently have on, the one where I went long Paypal (PYPL) vs. Short IAC Interactive (IAC). I continue to be a strong believer in Paypal and you can expect me to buy the stock in 2018 when I get back to trading:) As I wrote recently on SeekingAlpha, I do think Paypal has a very good opportunity to be one of the dominant payment players online which would be incredibly valuable. They are coming under attack from the likes of Apple, Google, and Facebook but I do like their odds. The 2017 returns stand at 7.71% which is not bad at all. I will be closing the trade on the open today, you can go … [Read More...]