LULU ($49.25) report their fiscal q3 tomo morning. The options market is implying an outsized move of about 10.5% vs the 4 qtr avg move following earnings of about 6.5% -The stock is up 44% …
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There you go. Givin’ a #^@* when it ain’t your turn to give a #^@*. – Bunk to McNulty – The Wire Over the past few months here at Risk Reversal we’ve been trying to …
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Update Nov30th, 2011: With the news this morning that the U.S. Fed led coordinated central bank action to to cut dollar funding costs, the Euro is up about 1.4% . In some ways this news …
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MorningWord: 11/30/11: Well this mornings opening gap of approx 3% in the SPX is the exact reason why I have not wanted to be net short since early last week. The pressure was just too …
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WSJ Pre-Market Brief: Market tone: Stocks called higher following China’s rate cut, which boosts the euro against the dollar; Treasurys higher; Nymex crude up at $100.09; gold up 0.6% at $1,705.37. Overnight action: China cuts …
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CNBC The European Central Bank must act sooner rather than later in order to avoid a grave outcome for the euro area and possibly the euro itself, according to Credit Suisse Economist Yiagos Alexopoulos. “The …
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You guys have heard me say this before, but sometimes the best thing to do when you lack conviction is to just sit on your hands and do nothing. This clip from the HBO show …
Continue readingUpdate Nov 29th, 2011: No New trade here, but RIMM is up 5.5% this morning following an upgrade by Sanford Bernstein from Under-Perform to Market-Perform, I think in English that means Sell to Hold. Here …
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MorningWord: 11/29/11: European markets and our futures were up about a % point earlier in front of an oddly anticipated meeting of Euro Finance ministers in Brussels today. I guess the uneasy markets will cling …
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WSJ Pre-Market Brief: Market tone: Stocks called higher in line with futures; euro higher against the dollar following Italian bond-auction; Treasurys lower; Nymex crude higher at $98.91; gold up at $1,712.80. Overnight action: Italy sees …
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