On Wednesday, we previewed Costco’s fiscal Q1 earnings. The stock is up on the report and now near the 160 level we were looking at on the upside. I wanted to check back in on …
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The retail sector is one of the best performing since the early hours of Nov 9th following the surprise election results, with the XRT (the S&P retail etf up nearly 15%, very near 52 week …
Continue readingNearly 55% of the S&P 500 (SPX) have reported calendar Q3 earnings so far. Here’s a quick scorecard with some projections from FactSet’s Earning’s Insight: Far from a disaster, as a whole, but the SPX …
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Last Thursday we took a look at Costco (COST) (MorningWord 9/29/16: COST’$ Cut) into its into their fiscal Q4 results that evening. The stock was clearly oversold into the print, down 13% from its August …
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Earlier today I had some thoughts on Costco (COST) into tonight’s earnings results (MorningWord 9/29/16: COST’$ Cut). The crux of it is becoming painfully obvious, Amazon.com (AMZN) is eating brick and mortar retail’s lunch quarter …
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Costco (COST) will report fiscal Q4 results tonight after the close. The options market is implying about a 3% move tomorrow in either direction. That’s rich to the 4 qtr average one day post earnings …
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I’m literally dumbfounded by Apple’s (AAPL) 12% gains from Monday’s lows on seemingly no new news. Sentiment around their new products was low, and now they are high. I thought the stock was a sale …
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Walmart (WMT) and Target (TGT) have been newsy of late. WMT’ made a $3.3 billion offer for online retailer Jet.com a couple weeks ago, a company who’s store has been live for a little less …
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Event: Costco reports fiscal Q2 results after the close. The options market is implying a 4% one day move, which is more than double the 4 qtr average of a little less than 2% and …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was Dec 7th to Dec 11th: Trade Idea – $XLU: Utility Player We continue to think the risk reward …
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