Shares of file storage company Dropbox (DBX) are trading up 4% today on news that the company is relaunching as a sort of “Cloud OS”, per TechCrunch: Dropbox is evolving from a file-storage system to an …
Continue reading
Lululemon (LULU) reports their fiscal Q1 results today after the close, the options market is implying about a 10% one day move tomorrow that is shy to its average one-day post-earnings move over the last …
Continue reading
On June 3rd my friend Carter Worth, technician extraordinaire from Cornerstone Research made a contrarian bullish call on shares of Tesla (TSLA) when it closed at a new 52-week and multi-year low near $177, watch …
Continue reading
On Friday, May 31st when shares of Apple (AAPL) were trading $175, down nearly 20% from the prior month’s post-earnings highs, I detailed a strategy to gain upside exposure over the course of the summer …
Continue reading
The last four trading sessions, shares of Starbucks (SBUX) have opened on their lows and closed on their highs, rallying nearly 9% in a straight line, with the stock making new all-times with each close, …
Continue reading
Shares of Advanced Micro Devices (AMD) are massively outperforming its peers, up 70% in 2019, and up nearly 100% from its December low, vs the SMH, the etf that tracks the group up 16% on …
Continue reading
A couple of recent IPOs, White hot IPOs to be exact are set to report earnings tonight, Beyond Meat (BYND) and Zoom Video (ZM). I thought it might be fun to take a look a …
Continue reading
Last Thursday, when trump threatened (by Tweet), tariffs against one of our countries strongest allies and one of our largest trading partners (Mexico), the stocks of many companies that do a ton of cross-border trade …
Continue reading
Salesforce.com (CRM) is scheduled to report their fiscal Q1 results today after the close. The options market is implying about a 5.7% move in either direction or about $8.50, which is very rich to the …
Continue reading
Back in early March, I made a bearish case for oil, and related stocks (Oil Slick), expressing this view with a defined risk bet against the XLE, the S&P Energy Select etf that tracks large-cap …
Continue reading