Event: Broadcom (AVGO) reports their fiscal Q4 results tonight after the close. The options market is implying about a 5.5% one day post earnings move tomorrow, which is essentially in line with the average over the …
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Regular readers know we have been skeptical of bullish calls over the last couple years relating to a supposed refresh cycles for PCs. It is our belief ( as well as many much smarter than …
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There are specific themes that seem to dominate the various stages of a bull or bear market. For the better part of 2013 and 2014 capital return in lieu of top line growth was the theme. …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was May 26th to May 29th:
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Last night on CNBC’s Fast Money we discussed semiconductor stocks and the potential for continued M&A activity, watch here: While I am generally skeptical of chasing “other” takeover candidates after announced deals, Marvell Technology (MRVL) …
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This morning it is being confirmed that Singaporean based Avago Technologies (AVGO) has reached an agreement to pay $37 billion ($17 billion in cash and the balance in stock) for Broadcom (BRCM). The stock broke out …
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Relatively light volume day on Monday ahead of the busy event schedule for the balance of the week (see yesterday’s The Week Ahead post for more details). The CBOE composite put/call ratio closed at 0.83, …
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CBOE composite put/call ratio closed at 0.97 as put activity picked up in the macro ETFs. Single stock options activity was focused in the technology sector. 1. XLF – Trader bought 200k of the Aug16th 21/19 …
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Broadcom has jumped 13% this week after announcing on Monday morning that it planned to exit its cellular baseband business. This Bloomberg article from Monday had the details: Broadcom Corp. (BRCM), struggling to make a …
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We first looked in depth at BRCM in early December, after the stock broke out of a multi-month base on decent volume. That technical breakout and the stock’s relatively cheap headline valuation led us to …
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