Tiffany & Co (TIF) will report their fiscal Q4 results tomorrow before the open. The options market is implying about a 5% move in either direction or about $5. The average one-day post-earnings move over …
Continue readingIn late February we checked in on TLT (the 30 year bond etf) following comments by bond king Jeffrey Gundlach that the 10 year treasury yield was in the process of breaking its long term …
Continue readingAdobe Systems (ADBE) will report their fiscal Q1 results tomorrow after the close. The options market is implying about a $10.00 move in either direction or about 5%, which is rich to its 3% average …
Continue readingWe get asked all of the time whether or not options activity is bullish or bearish. Our answer is usually ¯\_(ツ)_/¯ as it is nearly impossible to know without intimate knowledge of the trade, the …
Continue readingPrior to Target’s (TGT) fiscal Q4 results last week I highlighted some analyst commentary that I read in Barron’s that I thought was important to understand investor expectations after the stock’s 50% rally off of …
Continue readingDicks Sporting Goods (DKS) will report their fiscal Q1 earnings tomorrow before the open, the options market is implying about a 10.5% move in either direction, which is just shy of the average one-day post-earnings …
Continue readingICYMI, the 10-year U.S. Treasury yield is approaching 3% for the first time since early-2014: While 3% might look like technical resistance on a five-year chart, the 20-year chart below might indicate this move may …
Continue readingShares of Blackberry (BB) are up 2.5% on news that they are flexing their patent troll muscles, per Recode: BlackBerry, a former messaging powerhouse, is suing Facebook, a current messaging powerhouse, for patent infringement, according …
Continue readingIn early February we took a look at Intel (INTC) after a sharp drop from recent highs. We zeroed in on what could be a boucne from support and detailed a trade to take advantage …
Continue readingOver the weekend, the cover of Barron’s had this headline – The Housing Market’s Rebound Is Far From Over, despite recent weakness in housing stocks: Housing stocks generally have sold off this year amid concerns …
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