Towards the end of July we took a look at the HYG, the iShares high yield corporate bond etf. At the time, HYG had been in a very tight consolidation around $86. Here was the …
Continue readingEvent: Toll Brothers (TOL) reports their fiscal Q3 results tomorrow before the open. The options market is implying about a 4% one day post earnings move, which is shy of the average move following the …
Continue readingWalmart (WMT) and Target (TGT) have been newsy of late. WMT’ made a $3.3 billion offer for online retailer Jet.com a couple weeks ago, a company who’s store has been live for a little less …
Continue readingTwo weeks ago we looked at Nike (NKE) stock and thought that it offered good risk reward for those looking for a catch-up trade, especially given the international exposure that comes from Olympic Games time. …
Continue readingDespite mounting pressures, both internally and externally, for a divided FOMC (as evidenced by the July minutes) to raise short term interest rates for only the second time since June 2006, the yield in the …
Continue readingIn case you missed the headline: *WTI CRUDE CLOSES IN BULL MARKET, UP 22% FROM EARLY AUGUST LOW – Bloomberg That was a fairly epic short term bounce right from the nice round number and level …
Continue readingThis may be getting old by now, asking yourself questions like why does Johnson & Johnson (JNJ) trade at 18x expected 2016 eps? Yeah defensive (medtech, pharma & shampoo) with that buyback and 2.66% dividend yield, …
Continue readingThe technology industry is full of ‘collaborations’. Established players that are slow to innovate and adapt to increasingly rapid change often invest in, or partner with smaller companies for a whole host of reasons. I …
Continue readingBack in late May I made the case why NetApp (NTAP) could find itself in the sights of potential acquirers (here): investors are already speculating who can be on HPE’s shopping list. NTAP has long …
Continue readingEarlier, Dan previewed Cisco’s Q4 results due after the close. As Dan mentioned, the options are implying about a 1.25 move in either direction. That helps inform potential trade structures dependent on your prior or …
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