Following Autonation’s (AN) fiscal Q3 results on November 2nd the stock gapped up nearly 15% to a new 52-week high on investor enthusiasm regarding their announcement of a multi-year service partnership with Alphabet’s autonomous driving unit Waymo. …
Continue readingYou know the drill, the turn of the calendar into the new year, gets you a fresh set of downs from an investor’s performance standpoint. Its not that losses from the prior year are wiped …
Continue readingBack in early October, when shares of General Motors were trading $45 I took a look at the reasons for the stock’s 30% rally in the prior two months from its 52-week lows in the …
Continue readingOne strategy we like to detail into the holiday season is calendar spreads, selling near term options to finance the purchase of ones out a few months into the new year. The idea here is …
Continue readingTwo weeks ago (read here) I previewed Costco’s (COST) fiscal Q1 earnings (reported last Thursday). It was my view that the stock’s 20% rally in two months, since reporting disappointing fQ4 results in October likely discounted …
Continue readingMicron (MU) will report their fiscal Q1 results tonight after the close. The options market is implying about an 8% move between now and Friday’s close, or about $3.50. With the stock at $43.50, the …
Continue readingLast week Dan previewed Oracle’s (ORCL) earnings event and detailed a few ways to play for a pullback in the shares, one short term, isolating the event itself and one looking out to January. First …
Continue readingBack in May of 2015, when Avago (AVGO) offered to pay $37 billion for Broadcom (BRCM), not only was it the biggest semiconductor deal to date but the largest technology merger ever. That deal came …
Continue readingDespite FANG stocks getting most of the positive headlines in 2017 as it relates to technology outperformance, Semiconductor stocks, measured by the SMH, the etf that tracks the group has outperformed the Nasdaq meaningfully ytd, up 37% …
Continue readingA couple of weeks ago we took a look at regional banks etf KRE. (Banking on a Breakout (KRE)) and detailed an alternative strategy to play for a breakout into 2018. Here was the original …
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