Costco (COST), the big box retailer will report fiscal Q1 earnings tonight after the close. The options market is implying about a 4% move in either direction by tomorrow’s close, which is above its ten-year …
Continue readingAdobe (ADBE) will report their fiscal Q4 results tonight after the close. The options market is implying about a 4.5% one day move tomorrow which is a bit rich to the average of about 2.1% …
Continue readingEarlier today UPS’s CEO David Abney was on CNBC’s Squawk on the Street with a cautiously optimistic outlook for the U.S. economy, a calming of the trade dispute with China and his own business in the …
Continue readingShares of Coca-Cola (KO) are outperforming the S&P 500 (SPX) fairly aggressively in 2018, up nearly 8% vs the SPX which is down about 1%. You know the drill on consumer staple stocks in turbulent equity …
Continue readingOn a couple of occasions in the last two years, I have laid out a bullish view on Electronic Arts (EA), both on its way up in November 2017 (It’s In the M&A Game?), suggesting: …
Continue readingIn November Dan checked in on 3M (MMM) after it had rallied 13% from post earnings lows in late October. Dan’s view was that the rally likely had to do with the collapse in oil …
Continue readingLululemon (LULU) reports their fiscal Q2 results tonight after the close, the options market is implying about an 11% one day move tomorrow that is basically in line with its average one-day post-earnings move over …
Continue readingOn Friday afternoon I took a look at the set up in bank stocks into year-end (read: Bank Stocks… The Good, The Bad and The Ugly) focusing on the underperformance in the group to the broad market, …
Continue readingUtilities stocks, as measured by the XLU etf are one of the few bright spots today, trading up 1/2 a percent on a day U.S. stock markets are down about 2.5%. The XLU is up 9% on …
Continue readingIn October, when XOP (S&P Oil and Gas ETF) was 39.20 Dan looked at the technical setup, having just broken support at 40 as well as fundamental issues like rates, oil prices and dollar and …
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