Event: Microsoft (MSFT) reports fiscal Q3 results tonight after the close. The options market is implying about a 4.3% one day move, which is well below the 4 qtr average one day move of about 7.5%, and inline …
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Shares of Citrix Systems (CTXS) are down today on a downgrade from buy to hold by top ranked software analyst Rick Sherlund of Nomura. Sherlund had the following to say for his re-positioning: Citrix shares …
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Back in early April, following what were less than stellar fiscal Q3 results, I made a bearish trade on ORCL when the stock was $40 (here) predicated on sluggish growth, ok valuation and positive sentiment …
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