You may have noticed my radio silence in the past week. Last week was my one week off in 2013, but I’m back in the saddle ready to go for the last four months of …
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MorningWord 7/12/13: Just a few minutes ago, UPS pre-announced a worse than expected Q2 and guided down the full year eps about 5% below consensus estimates. While the press release is short (here) as the …
Continue readingA favorite recent saying among traders is, “The U.S. is the best of a bad bunch.” The U.S. outperformance in 2013 vs. other global equity markets has been exceptional. So exceptional in fact that of …
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FDX has broken above 100 today on speculation that Bill Ackman’s new planned fund will target the stock. Here is the excerpt from FlyontheWall.com: The move higher in shares of FedEx (FDX) is being attributed …
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MorningWord 7/8/13: As Enis mentioned earlier in his MacroWrap (here), Q2 earnings season really doesn’t get kicked off in earnest until Friday morning when we get results from JPM and WFC. Despite AA’s earnings tonight, …
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It’s a jam-packed holiday week ahead. Despite the July 4th holiday on Thursday (and Wednesday a half-day as a result), there is a plethora of data and events throughout the week. So far overnight, S&P …
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FDX is a name that we have been negative on for the past 3 months. Its growth over the past several years has been tied to its international business, which has been under obvious strain …
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Event: FDX reports its fiscal Q4 earnings tomorrow before the open. The options market is implying about a 4% move post-earnings, which is higher than the 4 qtr avg move of about 3.5%, but lower than …
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MorningWord 4/26/13: The SPX’s strong performance out of the gate in 2013, despite early fears of fiscal cliff, sequestration and questions regarding the strength of the global recovery have made it a tad difficult for equity investors …
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MorningWord 4/25/13: After all the hype, all the anticipation into AAPL’s fiscal Q2 earnings report, the stock basically ended unchanged on the day yesterday after some early morning volatility that resulted in an almost 6% …
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