This past weekend Barron’s profiled QCOM, a few days after its annual analyst meeting, with the title of the article echoing the conclusion of the author, “Qualcomm Ages Gracefully“, suggesting that “Qualcomm is still fit …
Continue reading
Event: HPQ reports its fiscal Q4 earnings on Tuesday after the close. The options market is implying about a 7.5% one day move, which is much lower than the 4 qtr avg of about 13.5% …
Continue reading
On the lightest volume day of the week ahead of Thanksgiving week, the most active options line was in the VIX. VIX – The May 15/13/11 put fly traded for around 0.55 in the afternoon. The …
Continue reading
Here is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was Nov 18th – Nov 22nd:
Continue reading
Yesterday I thought about mentioning the fact that leaving the 73 call that at the time was no bid open left the possibilty that the stock could rally above that strike before today’s expiration and …
Continue reading
Is it just me, or over the last month has there been a little bubble among the financial press and punditry in calling the equity markets a bubble? Personally I don’t find the exercise very …
Continue reading
We have watched with interest as XOM has rallied right up to near all-time highs in the past month. The headlines have heated up, as Buffett/Berkshire have taken a large stake, at the same time …
Continue readingAkamai fell 11% on weak 4th quarter guidance after its 3rd quarter earnings results, which were a slight beat, a month ago. The stock has not recovered ever since, hitting its lowest level since July …
Continue reading
Target posted its third straight earnings miss yesterday morning, and the stock was down 3.5% yesterday as a result. The stock was downgraded this morning at BofA/ML, and is down again today. Target’s woes have …
Continue reading
MorningWord 11/22/13: As the bull market keeps chugging along, making new all time highs on what feels like a daily basis, I keep coming across companies with public market capitalizations that border on absurdity. …
Continue reading