I’ve said it on many occasions over the last year, Apple will be one of the last battles fought in the ongoing trade war with China. Why? Well, they manufacture 200 million or so iPhones …
Continue readingToday after the close Uber will report their first quarter as a publicly traded company. The options market is implying about a $3 move in either direction between now and tomorrow’s close, or about a …
Continue readingLast night Workday (WDAY) reported their fiscal Q1 results and beat on most metrics and raised current fiscal 2020 subscription guidance, per WSJ: Revenue grew 33% to $825.1 million in its fiscal first quarter from …
Continue readingBack in early March, (Bonds Shaken, Not Yet Stirred) I made the case that U.S. Treasury Yields were about to take another leg lower: Its been my view for years as the Fed ended quantitative easing …
Continue readingMortgage rates this past week fell for the fourth consecutive week, with the 30-year fixed now at their lowest levels of 2019 round 4.06%, well below the average of 4.66% a year ago. You know …
Continue readingTomorrow morning before the open Foot Locker (FL) will report their Q1 earnings, the options market is implying about a 10% one day move tomorrow, which is shy to the 12.5% average one-day post-earnings move …
Continue readingTomorrow before the opening Target (TGT) will report their fiscal Q1 earnings. The options market is implying about a 5.5% one day move which is a tad shy to the 6% average one day move …
Continue readingTJX Companies (TJX), the off-priced retailer will report their fiscal Q1 results tomorrow morning before the opening. The options market is implying about a 4.25% one-day post-earnings move which is nearly in line with the …
Continue readingNvidia (NVDA) will report their fiscal Q1 results today after the close. Last night on CNBC’s Fast Money I gave a short preview of the 7.5% implied move in the options market, which is a …
Continue readingThe broad market, along with Auto stocks globally jumped on a headline that the trump admin plans to delay previously planned tariffs on cars entering the country by six months, per CNBC.com: These headlines came …
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