This morning shortly after the open I recorded my weekly In The Money segment with Fidelity Investments where I discussed this week’s new all-time highs in the S&P 500, what Treasury Yields are saying about …
Continue readingTrade Ideas
The last time I detailed a trade idea in the S&P 500 was on February 19th, almost exactly 6 months ago when the SPY the etf that tracks the index was $338.50 (Pride Goeth Before …
Continue reading
Walmart (WMT) and The Home Depot (HD) both reported their fiscal Q2 earnings this morning that were well above estimates causing both stocks to initially surge in the pre-market. As more color on their outlooks …
Continue reading
Draft Kings (DKNG) will report its fiscal Q2 results tomorrow before the opening. The company has reported one set of earnings since going public in Q1 in a SPAC transaction, which saw the stock jump …
Continue reading
Cisco Systems (CSCO) will report its fiscal Q4 earnings today after the close. The options market is implying about a 5.5% tomorrow, which is below the average one-day post-earnings move over the last four quarters …
Continue reading
This morning in Axios’s AM newsletter they had the following report that I thought was quite jarring: 1 big thing: Death spiral for consumers Many Americans are suffering from a quintuple whammy: unemployment, overdue rent, mounting …
Continue reading
Today after the close UBER will report its Q2 results. The options market is implying a $2.90 move tomorrow in either direction or about 8.5%. With the stock near $34.50, the Aug 7th weekly 34.50 …
Continue reading
This morning, one of the “stock market winners of the pandemic” Fastly (FSLY) is trading down 20% after reporting better than expected Q2 results, but its second half guidance, which was better than expected, is …
Continue reading
Shortly after the open yesterday, I recorded my weekly In The Money segment with Fidelity Investments. We discussed the implications of declining rates and the U.S. dollar and rising gold on sentiment towards stocks. I …
Continue reading
Disney (DIS) reports its fiscal Q3 earnings today after the close. The options market is implying about a 5% one day move tomorrow which is double the average over the last four quarters. With the …
Continue reading