Talk about the Barron’s Curse. Since the financial rag ran a feature story this past week on the design software maker Autodesk (ADSK) previewing their analyst day Sept 29th, titled (Autodesk’s Bet on the Cloud Will …
Continue readingYesterday, cloud computing vendor Workday (WDAY) held an analyst meeting, and the stock’s 5% decline today reflects investors disappointment. Let’s first get a sense for where the stock is and where it has been and …
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Costco reported better than expected fiscal Q4 earnings results last night that featured strong membership fees. The results also marked the company’s second consecutive quarterly comp store sales decline of 1%. But excluding the adverse affects of the strong dollar …
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During the recently concluded bull market, the fear of missing out encouraged investors to routinely chase stocks. From early 2009 until some point in 2014 (and only very recently for outliers) that greedy impulse was rewarded. …
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Earlier today we highlighted some large short dated put activity in JPM (Name That Trade – $JPM: Bank Shot), which also drew our attention to what is now a new 52 week low in shares …
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Automakers have been in the news of late. In case you missed it, Volkswagon of Germany got stone cold busted earlier in the month for years of spoofing emissions results in millions of their “clean diesel” …
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Last week in this space we highlighted some short and long dated put buying in the financial select etf, XLF, (Chart of the Day – $XLF: Bank Teller?) in front of 50% of the etf’s …
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Shares of Apple (AAPL), showed decent relative strength yesterday. On a day when the S&P 500 (SPX) closed down 2.5% and the Nasdaq Composite down 3% Apple shares were down just 2%. Investors seemed to be pleased with …
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On August 27th we faded the rally in the broader market off the lows of August 24th with a put spread in QQQ when it had bounced to $105 (off the August 24th low print …
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Earlier in my opening post (MorningWord 9/28/15: The Investment Landscape Is Moving Beneath Our Feet) I pointed out that if the S&P 500 (SPX) were to retest the October 2014 lows near 1820 (down about 4.25% from current …
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