On November 7th, 2007, Cisco Systems (CSCO) had just broken out above massive technical resistance, recovering some very important ground from the aftermath of the dotcom collapse that saw its stock decline from the low …
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Event: Cisco Sytems (CSCO) reports fiscal Q1 results tonight after the close. The options market is implying about a 5.5% one day move tomorrow, which is rich to the 4 qtr average of about 4%, …
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Shares of MSFT are up an astounding 11% today, breaking out to new 15 year highs. The chart now shows little overhead resistance until its prior all time high just below $60 back in 1999: …
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Last week it was Intel (INTC) and Seagate (STX), yesterday it was IBM, and today it’s VmWare (VMW), all reporting results and issuing guidance that speak to weak demand from businesses for hardware and services. …
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With Chinese equity markets closed last night and again tonight, let’s talk some US stocks. GoPro (GPRO): Yesterday, shares of GPRO were down as much as 11% and closed down 5.5% on the day. The …
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We have a couple of in-the-money butterflies that moved out of their established range on this bout of selling. I wanted to go over them and see what the plan is for them now. The …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was Aug 10th – Aug 14th:
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CSCO reported better than expected Q4 earnings after the bell last night: The company’s adjusted profits rose 7 percent to 59 cents a share, while revenue increased about 4 percent to $12.8 billion. Wall Street …
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Earlier we previewed CSCO’s fiscal Q4 earnings report due tonight after the close (read here). Similar to Alibaba yesterday we want to offer a couple different trades that offer protection in an increasingly volatile environment. One …
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Event: CSCO reports their fiscal Q4 results tonight after the close. The options market is implying about a 5.5% one day move which is rich to the 4 qtr avg of about 4%. With the …
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