Walmart (WMT) and The Home Depot (HD) both reported their fiscal Q2 earnings this morning that were well above estimates causing both stocks to initially surge in the pre-market. As more color on their outlooks …
Continue readingGood Morning, Guy and I are back with our weekly Set-Up, looking at the week ahead and discussing single stock and macro stories that will drive the market action this week. Watch below and see …
Continue readingDraft Kings (DKNG) will report its fiscal Q2 results tomorrow before the opening. The company has reported one set of earnings since going public in Q1 in a SPAC transaction, which saw the stock jump …
Continue readingCisco Systems (CSCO) will report its fiscal Q4 earnings today after the close. The options market is implying about a 5.5% tomorrow, which is below the average one-day post-earnings move over the last four quarters …
Continue readingMy Friend Tom Lee, Founder and Head Strategist of FundStrat Global Advisors this morning in his client note continued to make the case about why the current rotation out of growth and into cyclical value …
Continue readingThis morning in Axios’s AM newsletter they had the following report that I thought was quite jarring: 1 big thing: Death spiral for consumers Many Americans are suffering from a quintuple whammy: unemployment, overdue rent, mounting …
Continue readingGood morning, Guy, and I hope you had a great weekend…we are back with The Set-Up, discussing today’s rotation out of the Nasdaq and into banks, industrials, and small caps. We preview this week’s earnings …
Continue readingYesterday Guy Adami, Sven Henrich, and I recorded Straight Talk where we discussed the likelihood of another relief package this month and the politics delaying a bi-partisan deal. We had a lively debate on the …
Continue readingToday after the close UBER will report its Q2 results. The options market is implying a $2.90 move tomorrow in either direction or about 8.5%. With the stock near $34.50, the Aug 7th weekly 34.50 …
Continue readingThis morning, one of the “stock market winners of the pandemic” Fastly (FSLY) is trading down 20% after reporting better than expected Q2 results, but its second half guidance, which was better than expected, is …
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