Shares of AK Steel (AKS) are trading down 19%, making a new 52 week low today after guiding down the current quarter, per Bloomberg: Sees marginally lower flat-rolled prices in 4Q; expects auto shipments to …
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For years I have heard traders talk about the ol “three-day rule” for buying a stock after a massive gap lower. I have never really heard any hard data as to why it makes to wait till …
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Since making a new all-time high in early June, shares of Starbucks (SBUX) have declined 15%, and are actually down 1% on the year vs the S&P 500 (SPX) which is up on the year, …
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About a month ago we checked in on Shake Shake (SHAK) after the stock held long term support. Our thinking at the time was that a follow through to the upside was likely, and the …
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Yesterday we preview Amgen’s (AMGN) earnings event that came last night. In the post we detailed two overlays for those long the stock, one was a hedge, using a call sale outside the expected move …
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Tonight after the close, the AG in FAANG report Q3 earnings, Amazon (AMZN) and Alphabet (GOOGL). The two stocks have a combined market capitalization of $1.17 trillion and makeup nearly 16% of the weight of the …
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Amgen (AMGN) will report Q3 results tonight after the close. The options market is implying about a 3% one day post-earnings move on Thursday, which is actually shy to the average over the last 4 …
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There was a large roll in Exxon Mobil (XOM) calls yesterday that caught my eye. When the stock was trading $83.14 a trader paid $1.40 for 11,700 of the Jan 82.50 / March 87.50 call …
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Facebook (FB) stock has been stuck in the mud a bit since the Summer, generally trading sideways in a 165-175 range. It threatened a breakdown in late September, and then a breakout just last week, …
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Despite shares of Wells Fargo (WFC) rallying 11% from its 2017 lows it early September, the stock is essentially flat on the year: And it is still down about 8.5% from its 52-week, and all-time …
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