May 18, 2020 by Dan • Trade Ideas

The Home Depot (HD) will report its fiscal Q1 results tomorrow before the opening. The options market is implying about a $14 or ~5.5% move tomorrow, which is rich to its 2.75% one-day pos earnings …

Continue reading
May 18, 2020 by Dan • MorningWord

As most readers know, the stock market is what they call a discounting mechanism, looking past the here and now as investors do their best to figure out what future earnings and cash flows of …

Continue reading
May 14, 2020 by Dan • Trade Ideas

A few weeks ago daily fantasy and sports betting upstart Draftkings (DKNG) went public via a merger with a SPAC, which also included an agreement to merge with gambling-technology provider SBTech Global Limited, which provides …

Continue reading
May 14, 2020 by Dan • MorningWord

This week’s price action in the U.S. stock market is a fairly clear example of the old Wall Street adage that investors often “Buy the Rumor and Sell the News”. In this instance, there was …

Continue reading