On Wednesday Investors were given an early Holiday gift in the form of two words, that they perceived to be a dovish shift by Fed Chairman Powell in a speech in NYC, causing the largest …
Continue readingThe cloud-based applications software provider, Workday (WDAY) will report fiscal Q1 results tonight after the close. The options market is implying about a 6.5% one-day post-earnings move which is rich to its 4 qtr average …
Continue readingAt the end of October Dan check in on chip equipment maker KLA Tencor (KLAC) which had been beaten up on bad guidance and in a sector that’s been in the bears’ sights for the …
Continue readingSalesforce.com (CRM) is scheduled to report their fiscal Q3 results tonight after the close. The options market is implying about a 6.5% move in either direction or about $8.50, which is very rich to the …
Continue readingShares of General Motors (GM) are trading up near 5% at 6-month highs after the following news hit the tape this morning, per Bloomberg: Sadly, investors are cheering the move, as the cuts will dramatically improve …
Continue readingInto Nvidia (NVDA) Q3 earnings on November 15th, Dan previewed the event and detailed a couple of trade ideas, one a very low cost bullish idea targeting the expected move higher and one more aggressive …
Continue readingShares of Facebook (FB) are down 40% from their all-time highs made in late July for some fairly well-known reasons, which I have written about them all year (read here), so I won’t rehash. Tim …
Continue readingOn October 23rd, the day following 3M’s (MMM) Q3 results the stock sold off 4.4% on disappointing results and guidance, citing the adverse effects of a strong dollar and higher input costs which weighed on …
Continue readingSince making an all-time high on Oct 3rd, shares of Apple (AAPL) declined 20% to its lows on Wednesday, before finding a little support, right where it should have, at the intersection of the uptrend …
Continue readingNvidia (NVDA) the graphics chip maker is trading down 17% today on weaker than expected guidance, trading at new 52-week lows, down 43% from its all-time highs made on October 2nd. This is truly shocking …
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