We seem to be in the midst of a bubble in financial and tech media coverage of autonomous and electric cars. It makes sense when you consider the last great personal technology innovation, mobile devices, …
Continue reading
On CNBC’s Fast Money last night we had the pleasure of getting DoubleLine Capital’s Jeffrey Gundlach’s response to the Federal Reserve’s policy statement (or non-statement): On Friday, I detailed some of Gundlach’s recent commentary from …
Continue reading
Here is some untied apparently directional options activity that caught my eye in today’s trading: INTC: yesterday in this post I highlighted some out of the money call buying in November expiration (here), and today …
Continue reading
On August 24th we took a look at the goldminer etf GDX. The GDX has had a pretty remarkable 2016, more than doubling from the low teens to over $30 before recently pulling back a …
Continue reading
AutoZone (AZO) reports fiscal Q4 results tomorrow before the open. The options market is implying about a 3.25% one day move which is essentially inline with its long term average. AZO saw a 12% (or …
Continue reading
Yesterday we previewed earnings events inboth Adobe (ADBE) and FedEx (FDX). In both cases we offered a stock alternative. In Adobe we also included a leverage trade for existing shareholders and in FDX we included …
Continue reading
Last night, Microsoft (MSFT) announced that they will be replacing their existing $40 billion share repurchase agreement (that should be completed this year) by another $40 billion buyback plan. While that is a dazzling headline, …
Continue reading
Shares of Intel (INTC) made a new 52 week high last week following the companies positive pre-announcement for their current quarter: The company now expects third-quarter revenue to be $15.6 billion, plus or minus $300 …
Continue reading
Earlier, Dan previewed Adobe (ADBE) earnings, due after the close. Similar to the FedEx post I wanted to detail some trade ideas for those with either a long directional view into ADBE’s earnings, or for those already …
Continue reading
Event: FedEx (FDX) reports their fiscal Q1 results tonight after the close. The options market is implying nearly a 5% post earnings move tomorrow in either direction, which is shy of the 4 qtr one day average …
Continue reading