The company formerly known as Google reported Q1 earnings last night after the bell, disappointing investors on earnings and revenue: The Google parent company said it saw adjusted first-quarter earnings of $7.50 per share on …
Continue readingQ1 earnings season is off to a sort of meh start. Last week, bank stocks rallied off of very low expectations, poor relative performance and results that were good enough to cause a bit of …
Continue readingGold miners, measured by the GDX have been one of the best performing risk assets in the world in 2016. The GDX is up 66% in 2016, but up a 86% from its 2016 low …
Continue readingEvent: Microsoft (MSFT) reports fiscal Q3 results tonight after the close. The options market is implying about a 4.3% one day move, which is well below the 4 qtr average one day move of about 7.5%, and inline …
Continue readingEvent: Alphabet (GOOGL) reports Q1 results tonight after the close. The options market is implying about a 5.5% one day move, or about $42 in either direction, which is cheap to the 4 qtr average …
Continue readingJust as I was starting in this business in early 1997, not knowing shit about shit, I heard rumblings from some of the traders about some whacky stuff going on in Asian currency markets that …
Continue readingLast night Yahoo (YHOO) reported their Q1 results and guidance which showed little fundamental change to the company’s multi-year malaise, and as expected most of the focus has been on the company’s potential sale of …
Continue readingEvent: Visa (V) reports Q1 results tomorrow after the close. The options market is implying about a 4% one day move which is slightly rich to the 4 qtr avg of 3.75% by shy of last …
Continue readingOn Friday we rolled a mildly profitable long premium bearish view on Qualcomm (QCOM) from April 22nd weekly expiration (this Friday) to May expiration (here). Here was the new trade idea from Friday afternoon: TRADE: QCOM ($51.60) …
Continue readingIntel (INTC) reported Q1 results and forward guidance last night after the close. While the Q1 results hit the previously lowered estimates, Q2 sales were guided to $13 to $14 billion, below the consensus of …
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