Shares of Twitter hit a new all time low on February 11th, after reporting Q4 results that for the most part disappointed investors. Since then, shares have rallied roughly 30%. Despite the recent gains, the …
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Shares of Intel (INTC) are down 15% on the year and down about 17.5% from its 52 week high made in the last week of 2015. The stock declined 9% on January 15th following their …
Continue readingEarlier in my MorningWord (Seeing the Forest For the Trees) I tried to explain why the relative out-performance in defensive stocks and sectors like U.S. telco, utilities, consumer staples and sectors like energy and materials (that …
Continue readingRetail earnings for the holiday period have gotten underway in earnest this week, which for the most part were disappointing when you consider Walmart’s (WMT) guide down for the current year and Nordstrom’s (JWN) disaster this morning. …
Continue readingEvent: Walmart (WMT) reports their Q4 results tomorrow before the open. The options market is implying about a 3.25% one day move, which is just shy of the average one day move following the last four …
Continue readingNote: TMUS stock moved lower while I was writing this due to a large options trade that forced market makes to sell deltas in the stock to hedge. We’ll detail this trade later but it …
Continue reading6Last night on CNBC’s Fast Money my friend Carter Worth of Cornerstone Macro Research laid out his technical view on the S&P 500 (SPX). He has been consistent for months, if not quarters that the …
Continue readingShares of JP Morgan have shown incredible relative strength to every major bank stock the world over, only down 19% from its 52 week highs and down about 14% in 2016. In the U.S., large …
Continue readingEvent: Tesla (TSLA) reports Q4 results tonight after the close. The options market is implying about a 15% one day move which is rich to the 4 qtr avg of about 7% and the long the …
Continue readingEvent: Twitter will report their Q4 results tonight after the close. The options market is implying a whopping 17% one day move, which is rich to the average of about 14% one day move following …
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