Adobe Systems (ADBE) reports their fiscal Q3 results tonight after the close. The options market is implying ~$11.50 or ~4% move in either direction tomorrow. On average over the last four quarters, the stock has …
Continue readingIt has been a fairly newsy day for bank stocks… Let’s start with some news out of Barclay’s Bank conference where Citigroup’s CFO John Gerspach offered some commentary on Q3 trading and Investment banking activity, which …
Continue readingOn this past Friday’s Options Action on CNBC, my co-panelist and technician extraordinaire Carter Worth of Cornerstone Research made a bullish case for oil stocks watch below: The case is, they look so bad that made …
Continue readingYesterday I previewed Sonos Inc’s (SONO) first earnings report as a publicly traded company (read here). I was fairly clear that I am a happy longtime customer of the company and despite competing in a …
Continue readingSonos (SONO) the wireless speaker company is set to report their first quarter as a publicly traded company tonight after the close, less than 30 trading days from its August 1st IPO at $15, which raised …
Continue readingRegular readers know that despite picking my spots from a trading perspective in a couple individual names of late (AMD here and INTC here) I have had a broadly dim view of semiconductor stocks as a …
Continue readingShares of Facebook (FB) are trading quite differently than they did the last time they sent an executive to testify before Congress on April 10th on their data practices and to explain how their platform was …
Continue readingThis morning, the Washington Post ran a story titled Turkey’s woes could be just the start as record global debt bills come due… getting the ball rolling with: Ten years after the worst financial panic …
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