Last week in this space we highlighted the relative under-performance of U.S. retail stocks as a group (as measured by the XRT, the S&P retail etf): U.S. retail stocks are noticeably weak today, with the XRT, …
Continue readingLet me start by saying my assumptions on Facebook (FB) for the better part of 2015 has been less than stellar. On more than a few instances in the first half of the year I mistook the …
Continue readingThis morning, hedge fund heavyweight and founder of Pershing Square Bill Ackman is holding a call with investors and the financial press to answer questions about his nearly $2 billion stake in specialty pharmaceuticals company Valeant …
Continue readingShortly after 1pm shares of Whole Foods (WFM) spiked 4.5% in a straight line as there were rumors on the Twitter (here) of a Walmart bid for WFM: Traders quickly came to their senses, and …
Continue readingEvent: Starbucks (SBUX) reports fiscal Q4 results tonight after the close. The options market is implying about a 4.5% one day move tomorrow, which is rich to the 4 qtr average of about 3.75% and …
Continue readingShares of Disney crashed in August, starting with its weak results and forward guidance and commentary around a secular shift in viewer consumption, which crescendoed into the August 24th flash crash lows of a peak to trough …
Continue readingBear with me, this is a bit of a think piece. I consider myself somewhat of an technology early adopter. Until the last decade that generally meant hardware and desktop software, but with the proliferation …
Continue readingEvent: GoPro (GPRO) reports Q3 results tonight after the close. The options market is implying a 14% one day move which is rich to the 11% average over the 5 quarters the stock has been …
Continue readingLast night on CNBC’s Fast Money I highlighted a bullish trade in LinkedIn (LNKD). The company’s Q3 earnings are due tomorrow after the close. Watch here. To recap, when the stock was $210, a trader …
Continue readingEvent: Amgen (AMGN) reports Q3 results tonight after the close. The options market is implying about a 4% one day move tomorrow, which is rich the 4qtr average of about 2.75%.
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