Event: AMZN will report its Q2 earnings after the bell tonight. The options market is implying about a 8.7% move vs the average of about 10% over the last 4 qtrs. Sentiment: Wall Street analysts …
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Based on our Commentary this morning, we see Draghi’s words as just that, words. We think the stress seen in the European banking system is not likely to be fixed by words, or quick fixes to appease …
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WSJ U.S. stock futures have turned around sharply. Just before 6 a.m., Dow futures were down about 40 points, but they shot higher after comments hit the Tape from ECB President Mario Draghi at a …
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MorningWord 7/26/12: The real news of the morning is that the ECB chief Mario Draghi is back from vacation since his trip to Brussels in late June and decided with the equties of European banks making 25 …
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An active morning so far. ECB head Mario Draghi made comments about the willingness and ability of the ECB to act, causing full risk-on from 6:15 am to 7:15 am. After Asia closed mixed, and …
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Wed 25 Jul 12 | 03:38 PM ET – Enis discusses the charts of C and JPM and warns about their correlation to European bank charts.
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today between 3:30 and 3:35 pm EST on CNBC: I’ve expressed my bearish view on U.S. financials with 2 separate trades in JPM …
Continue readingTrade Update July 25th, 2012 at 11:10 am: MSFT has sold off about 5% since I put this trade on ahead of earnings. My only regret is that I did not add to the trade …
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We did a ton of work on AAPL yesterday (analyst commentary, technical assessment, and Dan’s trade idea), so we felt prepared for whatever the market threw at us today. Sometimes, the easier trade is to …
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MorningWord 7/25/12: In this space yesterday I spoke about how the “Fever” surrounding AAPL as a stock, at least from an anecdotal standpoint, was in the process of “Breaking” so to speak. The stock’s overnight reaction …
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