IBM will report its Q3 results today after the close. The options market is implying about a $5.50 move this, or about 4.4%, most of which is for its one-day post-earnings move tomorrow, which is …
Continue readingLast night on CNBC’s Fast Money the panel discussed Q3 bank earnings and the stock’s reactions, watch below: I highlighted the relative outperformance in Morgan Stanley (MS), the likelihood of a strong Q3, and my …
Continue readingShortly after the open today, I filmed my weekly In The Money segment with Fidelity Investments. Click below to watch and see my notes below the video: Show Notes: Macro: The SPX has staged …
Continue readingTaiwan Semiconductor (TSM) the chip manufacturer to the world will report its earnings overnight. And when I say to the world, what I really mean to the world’s largest semiconductor companies in terms of sales, …
Continue readingLast week Guy Adami and I launched a weekly video podcast series called The Macro Set-Up which will focus on equity indices, currencies, commodities, and volatility products. Each Tuesday these videos will drop in the …
Continue readingNot surprisingly, Delta Airlines (DAL) this morning reported disappointing Q3 results and offered little to comfort to investors that the company would return to a “normalized revenue environment” any time soon, per Barron’s: Delta said …
Continue readingTomorrow before the open J.P. Morgan (JPM) and Citigroup (C) will both report their Q3 results before the open, kicking off what will be one of the most-watched earnings periods in recent memory as investors …
Continue readingGood morning, Guy Adami and I are back with your Monday morning Set-Up. We discuss investors’ expectations for an imminent fiscal stimulus deal, which the stock market has run ahead of and is now just …
Continue readingLast night The Wall Street Journal reported: that Advanced Micro Devices is in advanced talks to acquire Xilinx in a deal that could be valued at more than $30 billion. That is assuming Xilinx is able …
Continue readingTalk about spending your way out of a Recession, Morgan Stanley (MS) is in the process of remaking its business. On Friday the company closed their $13 billion acquisition of online broker eTrade, which when …
Continue reading