Into Cisco (CSCO) earnings last week we looked at an idea for those looking to be long but with defined risk, and also an idea for those already long looking for potential leverage. I wanted …
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Event: Autodesk (ADSK) reports their fiscal Q2 results tonight after the close. The options market is implying about a 6% one day post earnings move which is rich to its 4 qtr one day average move …
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On Tuesday I previewed Workday’s (WDAY) fiscal Q2 results that were reported last night. Regular readers know that I am skeptical of stories like this. Stocks that trade at ridiculous multiples, are massively unprofitable on a …
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Walmart has been a massive out-performer in 2016, up 18% ytd vs the S&P 500 (SPX) up a tad less than 7%, and the S&P Retail etf up 7.5%. Call volume is running hot today …
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Like a drive-thru Sausage McMuffin and hashbrown order at 10pm, the euphoric rush for investors surrounding McDonald’s (MCD) addition of all day breakfast (last year) has given way to regret and self loathing. In 2015, …
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The Gold Miners’ etf, the GDX is having one of its worst days in months, down 4.5% as I write, with the etf trading below the uptrend that has been in place since mid January. …
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By now you have probably read a handful of articles recapping what happened in financial markets a year ago today. While we are on anniversaries, today also marks the 5 year anniversary of Tim Cook as …
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Event: Workday Inc. (WDAY) reports their fiscal Q2 results tomorrow after the close. The options market is implying about a 8% one day post earnings move, which is rich the 4 qtr and 15 qtr (since …
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On CNBC’s Fast Money last night, Carter Worth, Cornerstone Research’s star technician made the case for continued gains in large cap tech: When asked which sector looked the best on the charts Carter highlighted semiconductor …
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The largest single stock options trade today appears to be a bullish roll in Symantec (SYMC). Shortly after noon, when the stock was trading $23.70, a trader sold to close 30,000 Jan17 24 calls at $1.30 …
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