Its that time of year for financial market pundits… reviewing the year that was and forecasting the year to come. I don’t find S&P 500 (SPX) targets particularly useful unless I feel there has been …
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After more than ten years appearing as a panelist on CNBC’s Options Action program, Friday’s was my last. In April on my ten year anniversary, I wrote about my experience (First on CNBC), but without …
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On Friday’s Options Action program on CNBC, I teamed up with an old friend Bonawayn Eison who runs equity derivative trading at XP Investments. My job was to offer a near-term view on the direction …
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Nike (NKE) will report its fiscal Q2 earnings today after the close. The options market is implying about a $4.40 move in either direction tomorrow, or about 4.4%. With the stock trading just above $100, …
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Today after the close, Micron (MU) will report its fiscal Q1 earnings. The options market is implying about a 7% move in either direction between and Friday’s close, which is rich to the four-quarter average …
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FedEx (FDX) will report its fiscal Q2 results today after the close. The options market is implying about an $11 move between now and Friday’s close, or about 6.5% move in either direction (most of …
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Last night the Wall Street Journal reported: Boeing Weighs Suspending or Cutting Back 737 MAX Production Boeing Co. is considering either suspending or cutting back production of the 737 MAX amid growing uncertainty over the …
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Shares of Apple (AAPL) are up 95% from its 52-week lows made on Jan 3rd following the company’s first negative earnings pre-announcement in more than a decade: The stock’s nearly 75% YTD gains have it …
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Last Friday on the site, I detailed a bullish trade idea to play for a retest of Starbuck’s (SBUX) prior highs, and detailed the idea on CNBC’s Options Action program: The trade idea was simply …
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Shares of American Express (AXP) are mildly outperforming the S&P 500’s (SPX) year to date gains, up 28% vs the SPX up 26%, but dramatically underperforming Mastercard’s (MA) 54% and Visa’s (V) 38% year-to-date gains. …
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