Event: Oracle (ORCL) reports fiscal Q2 results tonight after the close. The options market is implying about a 4% one day post earnings move in either direction tomorrow, which is basically in line with its …
Continue readingInvestors in U.S. equities have been buying stocks based on an assumption that the incoming administration will be “pro-business” (lower corporate taxes and less regulation). For the most part, investors are correct to assume that, …
Continue readingOn December 2nd we looked at a way to buy a very low VIX with eyes towards today’s FOMC release. The meeting has come and gone and the market is selling off a bit in …
Continue readingShares of General Electric (GE) have spent the better part of 2016 trading in a fairly tight range between $28 and $32, now approaching the upper end: To my eye, a rejection at $32 and …
Continue readingRight out of the gate this morning it appears a trader made an outright bearish bet or possibly putting in place some near term portfolio protection in the S&P 500 etf (SPY). When the SPY …
Continue readingFollowing their better than expected fiscal Q1 results on October 20th, shares of Microsoft (MSFT) broke out to a new all time high: Since their earnings report the stock has been consolidating a bit, having initially …
Continue readingEarlier we discussed the private and public investment environment for internet based service companies like on-demand delivery (MorningWord 12/13/16 – Deliverance). Basically some of the enthusiasm for these companies has waned since what as a …
Continue readingThis morning Venture Beat ran an article (via Reuters) Silicon Valley VCs are growing wary of on-demand delivery, as an investment in such businesses is waning: many VCs have lost faith in a sector that …
Continue readingOn December 5th, we previewed Lululemon’s Q3 earnings and detailed a stock alternative for those considering a defined risk way to play for a post earnings breakout of its nearly two month consolidation. Here was the …
Continue readingShares of Dick’s Sporting Goods (DKS) are down 4%, in a weak tape. While DKS price action does not exactly stick out like a sore thumb on an unusually weak day for retailers, with Macy’s …
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