In the wake of the past weeks dismal housing starts, new and existing home sales data, LEN this morning managed to report better than expected earnings and slightly higher revenues. Upon further review the EPS …
Continue readingUPDATED March 29th 2011 @ 7:00am: I am in Rio de Janeiro, Brazil this week, and well, you’re not. But I would be a little careful taking the other side of my trades this week, …
Continue readingThere was a lot of talk in the mainstream financial press over the weekend about the recent rise and fall of the VIX over the last 2 week. To most investors the VIX is just …
Continue readingUPDATED Mar 25th @ 11:40am: ORCL is up 3.5% this morning after handily beating estimates and raising guidance. Stock is under-performing the implied move and the avg move over the last 4 qtrs, but remember …
Continue readingUPDATED 3/25/11 at 8:40am: RIMM is down in the pre-market almost 12% largely as a result of their guidance for FY Q1 that badly missed wall street expectations….Additionally the company did something that I think …
Continue readingSprint $4.50 Top Bloomberg story this morning getting some play (below) that in the wake of AT&T‘s $39bln bid for T-Mobile, and Sprint’s ~10% sell off that the market is valuing Sprint’s assets at ~.92 …
Continue readingUpdated 2nd time March 24, 2011 @ 12.03 pm: REVIEW OF SUGGESTED TRADE STRUCTURES; 1st- Buy May 40/43 Call Spread for 1.05: this spread can now by sold for ~2.10, so double your money. If …
Continue readingWhat I find most interesting about ADBE‘s guidance (and that of ORCL, RIMM and RHT to be issued later this week) is that their quarter end was almost 2 weeks prior to the earthquake and …
Continue readingEVENT(S): March 24th (pre-open) company reports fiscal Q4 earnings and Q1 guidance and Apr 14 Analyst Meeting. -options market implying about a 7% move post earnings vs 4 qtr avg of ~7.5% PRICE ACTION/SENTIMENT: ~7% …
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