A few weeks ago we detailed a yield enhancement strategy for those long Apple (AAPL) stock as we saw the chances of large movement in either direction during the July expiration cycle to be minimal. Here …
Continue reading
Back on April 28th shares of Whirlpool (WHR) declined 7% after the home appliance maker cut its full year earnings guidance to $9 to $10 a share vs $10.75 consensus, representing an 11% haircut. WHR gets …
Continue reading
Regular readers know that we are not fans of trading off of unusual options activity as a sole input as observers of said activity rarely have the full story of why an option was bought …
Continue readingHere is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. T – total options volume was more than 3x average daily volume with calls making 75% of the volume. The …
Continue readingIn late May I took a look at cloud based human resource applications provider Workday (WDAY) prior to the company’s Q1 earnings report, and concluded the following: the problem with WDAY is two fold, an …
Continue reading
On Friday’s Fast Money program on CNBC, Tim Seymour answered viewer question with his thoughts on Apple (AAPL). I rudely interrupted Tim almost right off the bat when he mentioned valuation as justification to own …
Continue reading
In case you missed it, recent U.S. housing data is pointing to a recovery, from this morning’s WSJ.com Housing Showing Signs of Recovering: Existing home sales rose at their strongest pace in five-and-a-half years in May, suggesting that …
Continue reading
Full disclosure, my Mom is a long time fan of TJ Maxx (TJX). Me, not so much. I am sure there is plenty of good stuff in those stores, if you are willing to work …
Continue reading
Shares of Panera Bread (PNRA) are up 20% from the 2015 lows, and nearly 5% on the year despite Wall Street analysts expecting the company to post it second consecutive earnings decline (down 5% yoy) …
Continue reading
On April 21st Texas Instruments (TXN) issued disappointing Q2 guidance that sent the shares down nearly 7% the next day, per Barron’s Tech Blog: CEO Rich Templeton noted the forex problem and the areas of weakness: …
Continue reading