You probably noticed that Tech stocks are screaming higher today on the heels of better than expected results from AMZN, GOOGL & MSFT. What you might have missed are two pockets within tech that are not …
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Three of the largest stocks on planet earth (AMZN, GOOGL & MSFT) are gapping up 10% this morning, gaining more than $100 billion in market cap in a flash. What strikes me is that in …
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Event: Microsoft (MSFT) reports fiscal Q1 results tonight after the close. The options market is implying about a 4.5% one day move, which is shy of its 4 qtr average of about 6.5%, but in …
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Event: Amazon (AMZN) reports Q3 results tonight after the close. The options market is implying about 9% one day move tomorrow, which is inline with its 10 year average one day move of 9%, and …
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On the Central Bank front, the focus this week was on the ECB, and this morning the bank’s head Mario Draghi for all intents and purposes reiterated his multi-year long commitment to do “whatever it takes” …
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On Tuesday night, I had the pleasure of speaking on a panel hosted by Fidelity, attended by some of their high net worth brokerage clients and large investment advisers. While the intent of the panel …
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Last week it was Intel (INTC) and Seagate (STX), yesterday it was IBM, and today it’s VmWare (VMW), all reporting results and issuing guidance that speak to weak demand from businesses for hardware and services. …
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Publicly trade tech companies (specifically those in the beleaguered PC supply chain) are in the midst merger frenzy. There were two deals announced this morning for a combined $30 billion. In the semi-equipment space, Lam …
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Walmart (WMT) had no shortage of reasons for last week’s poor earnings results and downgrade of forward guidance last week. Since the stock’s 8% one day decline on October 14th to new 52 week lows, …
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Event(s): At 8am eastern, Thursday, Oct 22nd McDonald’s (MCD) will report their Q3 results. Later that morning, at 11 am, they will host their annual analyst meeting. The options market is implying about a 2.8% …
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