At the G-20 this weekend Trump and China’s President Xi will meet and exchange pleasantries through interpreters reinforcing their wonderful relationship while their trade representatives meet and likely make little substantive progress on the most …
Continue readingLast night on CNBC’s Fast Money we discussed the dichotomy of the S&P 500 (SPX) trading at all-time highs, with the backdrop of a weakening U.S. economy, a Federal Reserve that is very likely to …
Continue readingFedEx (FDX) will report their fiscal Q4 results tomorrow after the close. The options market is implying about a $9 move between now and Friday’s close, or about 5.5% move in either direction (most of …
Continue readingOn June 11th, when shares of Tesla (TSLA) were in the midst of a nice little rally after making multi-year lows the previous week, I detailed a put calendar strategy (Tesla Stalling?) to set up …
Continue readingThis morning Jim Cramer on CNBC’s Squawk on the street sounded a tad cautious on the U.S. stock market at new all-time highs (S&P 500 up nearly 18% on the year) at a time where …
Continue readingOn Friday I updated a bearish view on semiconductor stocks (SMH – Chips and Dip?) suggesting… Not much in mind has changed in the space since late April, the company-specific issues that have hit names …
Continue readingToday after the close Oracle Systems (ORCL) will report their fiscal Q4 results. The options market is implying about a 4.75% (or about a $2.50) one-day move tomorrow which is very rich to its 4 …
Continue readingIn early May (It’s In the M&A Game?) following better than expected earnings and guidance, I laid out a bullish case for shares of Electronic Arts (EA) over the course of the summer: Shares of …
Continue readingAdobe (ADBE) will report their fiscal Q2 results tomorrow after the close. The options market is implying about a 4% one-day move Wednesday, which is in line with the average one-day post-earnings move over the …
Continue readingOn April 25th prior to Intel’s (INTC) Q1 earnings, I laid out a bearish case for semiconductor stocks: And here was the trade idea: To quote the dude, this aggression will not stand man! BEARISH …
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