Busy week for both earnings and macroeconomic events. First and foremost, the FOMC press release will be at 2 pm EDT on Wednesday. The language of the press release will be key, as a $10 …
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Options volumes were very light on Friday, including in the macro-related ETFs that are usually more active. A lull in earnings reports contributed to the calm. Here were the standouts: 1. BIDU – New all-time high …
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Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was July 21st – July 25th:
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We put on a new trade structure in WYNN on Monday as the stock’s trading range continues to narrow over the past few months: This was the structure: [hr] Previous Post June …
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We discussed the strength in large-cap technology in today’s MorningWord: Interestingly, tech has been the strongest sector among the mega cap stocks reporting earnings so far, while industrials and consumer staples stalwarts have struggled after their …
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In case you missed it, last night Amazon reported sales of $19.38 billion in Q2. Wow, eye-popping right, up 23.5% year over year.? Except one little problem, the company only netted an operating profit of …
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Last night the SPX notched a new all time high, and as of this morning, almost 40% of the S&P 500 have reported calendar Q2 earnings, registering year over year growth of 5.6% (so far), …
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The market is on track for one of its lowest volume weeks outside of a holiday-shortened week in the past few years. Options volume yesterday was relatively light as well. 1. FB – FB hit a …
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QCOM is down today more than double the implied move following earnings that missed expectations and offered squishy guidance. The main driver for the selling seems to be issues with royalty collection in China. Patents not being honored …
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Emerging markets have outperformed developed markets since mid-March, a change in character after several years of severe underperformance. The headlines in emerging markets have improved in certain areas (India and China most notably), while headline risk …
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