Event: Costco reports fiscal Q2 results after the close. The options market is implying a 4% one day move, which is more than double the 4 qtr average of a little less than 2% and …
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Shares of enterprise cloud software provider Workday (WDAY) are up nearly 14% today after reporting fourth quarter sales that beat expectations, and grew a whopping 43% year over year (despite guiding the current qtr lower). …
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This morning on CNBC Warren Buffett, the largest holder in IBM (with nearly 9% of the shares outstanding), said he is not sure if he’s made a mistake owning the stock, but he has not sold …
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Buying the dip in a market like this comes with some high risk but also the potential for high reward, especially in single stock names. We highlighted two such names the past few days Recently …
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In case you missed it, I am not a buyer of stocks after the 8% rally in the S&P 500 (SPX) from its 52 week lows made Feb 11th. Regular readers know that I feel quite …
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Event: Palo Alto (PANW) reports their fiscal Q2 results tonight after the close. The options market is implying about a 10% one day move, which is rich to the 4 quarter average of about 5%. …
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Event: SalesForce.com (CRM) reports Q4 results tonight after the close. The options market is implying about a 9% one day move, which is rich to its 4 qtr average one day move of about 5.5% …
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You may have noticed a trend in some of our trading lately, buying outright puts near what we feel are inflection points adter market bounces/rallies and not spreading them right away, but rather waiting to …
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The Nasdaq 100 (QQQ) had been a pretty boring trading vehicle for a while, as some of its large components had been in a fairly complacent upward trajectory for what felt like years. But then …
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In early February we expressed a bearish view in shares of The Home Depot (HD) and closed for a profit after a drop in the stock (read here). Following this morning’s very strong earnings results …
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