Prior to Nike’s (NKE) fiscal Q4 earnings report in late June, the stock was trading at 2016 lows, which was down almost 25% from its 52 week and all time highs made in late December …
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Event: Apple (AAPL) reports their fiscal Q3 results tonight after the close. The options market is implying about a 4% move in either direction*, which is shy to the average of about 5.5% over the …
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New all time highs in the S&P 500 (SPX) and the Dow Jones Industrial Average (INDU) have done the financial world the pleasure of anointing a whole new generation of market wizards. Myself? I have …
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Fears of a recession in the U.S. following the late June Brexit vote in the U.K was one of the main reasons for the 5% drop in the S&P 500 (SPX) and the new lows made …
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Is this morning’s June non-farm payrolls print of 287,000 as much of an anomaly as last month’s May print of 38,000? Probably, which is why forecasters and pundits smooth out the data. In the first quarter …
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Event: Nike (NKE) reports their fiscal Q4 results tomorrow after the close. The options market is implying about a 5.5% one day post earnings move in either direction. With the stock just below $52 the …
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Shares of Starbucks (SBUX) have under-performed in 2016, down about 7.5%, and down about 13% from their 52 week (and all time highs) made in October of 2015. The stock is merely taking a breather …
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On June 14th, I expressed a near term bearish view in Alibaba (BABA) with a defined risk trade that looked to finance August near the money puts with shorted dated puts of the same strike …
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Event: Next week Apple (AAPL) will hold their annual World Wide Developers Conference with a keynote address likely given by CEO Tim Cook (not confirmed yet) at 1pm eastern on Monday June 13th. With the stock …
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Last month, the Fed floated a June raise trial balloon. On May 16th, expectations for a June hike sat at a 4% probability. After the trial balloon they shot up to a 34% chance by May …
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