Bob Lang has been a private trader in equity and option markets for several years and manages separate accounts via Aztec Capital LLC. He has managed a $300 million pension and 401(k) plan for a Southern California cooperative. In early 2000, Lang started a hedge fund for private and institutional clients. This fund, Aztec Partners, was a top-performing fund that year relative to its peer group. In 2002, Lang worked with floor traders in the active bond-trading group of Countrywide Capital Markets. In May 2011, Lang launched an options trading service called Explosive Options.
Recent Articles By The Author
Chart of the Day: Pfizer
Its relative strength is impressive, and the price action on Thursday was a breakout on strong volume, exceeding levels not seen since last fall.
Trifecta Stocks Weekly Roundup
We said good-bye to one position and trimmed 2 others as all major indices closed higher once again.
Exiting Position on Quant Downgrade
We'll sell all our UPS shares as its Quant Rating has been lowered.
Cutting Back on This Position
We'll use today's earnings-related strength to reduce our Foot Locker holdings.
Foot Locker Tops Earnings Estimates
Going into the conference call, our inclination is to use post-earnings strength to trim the position.