Back in early Jan when shares of Square (SQ) were below $70 I highlighted a bullish note from Bank of America’s payments analyst who was highlighting positive catalysts for the stock into their mid-March analyst …
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Earlier today my friend Carter Braxton Worth from Cornerstone Macro research tweeted the following about Crude Oil’s recent price action: The April 9th down gap in WTI Crude has been filled. We would initiate shorts …
Continue readingThis morning in my post about The Set-Up video where Guy Adami and I discussed Apple’s World Wide Developer’s Conference which starts today we highlighted the potential for Apple to announce the long-rumored news that …
Continue readingBack on March 30th, I made a bullish case for shares of SIRI (read here) when the stock was just under $5: In 2019, the company (SIRI) reported net income of $1.2 billion on $7.8 …
Continue readingOn this week’s In The Money with Fidelity Investments, we discussed the volatility over the last week caused by the Fed’s Action and Inaction, highlighted some technical support and resistance levels for the S&P 500 …
Continue readingMy good friend Carter Braxton Worth, who many of you know from CNBC’s Fast Money and Options Action, but also the resident technician extraordinaire over at Cornerstone Macro Research had an interesting observation this morning …
Continue readingToday after the close Oracle (ORCL) will report its fiscal Q4 results. The options market is implying about a 6% one day move tomorrow which is above its 10-year average of about 5%, but well …
Continue readingThis morning when U.S. stock markets opened down 2% one of the early bright spots was cloud-based software stocks with some like Zoom (ZM) quickly rallying 6% in the first hour of trading. This is …
Continue readingSemiconductor stocks have been the beneficiary of a couple of different forces in the stock market of late, the early surge off of the March lows into growth, specifically large-cap tech, but then also the …
Continue readingIn the throes of the sell-off in March, I detailed a bullish case for the GLD, the etf that tracks gold on March 18th and on In The Money with Fidelity (read and watch here) …
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