Prior to the November 8th Presidential election Transport stocks had some ol ‘timey Dow Jones watchers a bit worried, with the IYT, the iShares Transport etf having failed to keep pace with the broad market’s …
Continue readingBank of America (BAC) reports Q4 results tomorrow before the open. The options market is implying about a 3.3% move tomorrow, which is rich to the 4 qtr one day average post earnings move of …
Continue readingJP Morgan reports Q4 results tomorrow before the open. The options market is implying about a 2.3% one day post earnings move, which is rich to the 4 qtr average one day post earnings move …
Continue readingU.S. Bank earnings start off with a bang tomorrow morning with Bank of America (BAC), JP Morgan (JPM) and Wells Fargo (WFC). The three combined make up about 27% of the of the weight of …
Continue readingThe inverse relationship between the price of gold and the U.S. dollar is something that makes intellectual sense, but there is no shortage of historical data that suggest the two can trade in the same …
Continue readingEarlier I highlighted Intel’s (INTC) inability to fill in its earnings gap from late Oct when the stock declined 6% post results (read here). Another stock that has failed to do so, despite the broad …
Continue readingThis morning Citibank’s bank analyst Keith Horowitz downgraded his rating on Goldman Sachs (GS) from Neutral to Sell slapping a $225 price target on the stock, per CNBC.com: “We view the banks as trading stocks …
Continue readingFor CNBC’s Options Action on Friday, I was asked to come up with a stock replacement idea for a Dow Jones Industrial Average (INDU) competent that might have gone too far too fast. The idea …
Continue readingThere was an options trade in shares of Tiffany’s (TIF) this morning that caught my eye…
Continue readingLast night on CNBC’s Fast Money we had a spirited discussion about the year to date out-performance by the so-called FANG stocks (Facebook, Amazon, Netflix & Google, up 7%, 5.5%, 7.7% & 4% respectively vs …
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