S&P Futures: 1339.7 -2.00 CNBC Several key economic reports released Thursday showed more weakness in US growth, disappointing investors and cutting into stock gains. Factory activity in the U.S. Mid-Atlantic region grew much more …
Continue readingLast week I wanted to hold out a little on the the DIS May 42 puts that I was short vs the long May call spread.
Continue readingLinkedIn LNKD is trading up big on its IPO. Is this our RenRen? RENN IPO’ed on Nasdaq on May 4th, soon after the rest of the Chinese Internet space got hit pretty hard. We’ll have …
Continue readingGoldman Sachs downgraded INTC this morning from a Neutral to a Sell Rating based on the following:
Continue readingS&P Futures: 1344.0 +5.40 Last Updated: 09:04:51 AM CNBC New U.S. claims for unemployment benefits fell more than expected last week, but a rise in the four-week moving average to a six-month high indicated the …
Continue readingNTES (45.95) a Chinese online game provider, who recently announced that they have 360 million registered email users, reports earnings tonight after the close.
Continue readingYesterday I took a quick look at DELL into it’s earnings report and came away with very low conviction into the print. I offered a June Put Spread if you were inclined to play HPQ‘s …
Continue readingBloomberg Crude oil and gold will lead a rally in commodities as production fails to keep pace with demand, said Ray Eyles, chief executive officer of JPMorgan Chase & Co. (JPM)’s commodity business in Asia. …
Continue readingLast night it was a tale of two cities for a couple of companies that sell to corporations and can be a decent barometer for corporate spending trends……
Continue readingDELL (16.10) reports after the close tonight. -options market is implying about a 7% move* which is rich to the average ~5% move following the last 4 quarters.
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