A little more than a week ago I initiated a bullish call calendar in CSCO with the idea that the stock would consolidate around the $23 level for a tad and I would look to …
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Last week (below) I looked at CSCO’s chart as an interesting technical set-up and mentioned that calendars may set up well in the name into earnings. With the stock back at its 200 day moving …
Continue readingSince reporting a lackluster Q4 and issuing disappointing Q1 guidance in mid August, CSCO shares have been down about 13% after making multi-year highs. The one year chart below shows this morning’s breach of the …
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We haven’t traded CSCO much this year, but we’ve followed the story closely. Here is what Dan had to say in the earnings preview from earlier this month: CSCO was a bit of a show …
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MorningWord 8/19/13: This weekend the cover story of Barron’s Beware Falling Profit Estimates is definitely worth a read, no matter where you stand on the Sports Illustrated/ Barron’s cover curse. For the moment, investors are looking at …
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MorningWord 8/16/13: It seemed just a month or 2 ago when the Fed floated the taper trial ballon that maybe just maybe the uptick in economic data and the hope for a pick up in …
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Event: CSCO reports their fiscal Q3 earnings tonight after the close. The options market is implying a one-day move of ~6.5% vs the 4 quarter average move of ~7% and the 8 quarter average move of ~7.8%. …
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Tech dominated options volumes once again. AAPL – Options volumes were almost 3x their 1 month average. Call to put ratio was around 2.2, and weekly calls made up the top 6 most traded lines. Outside …
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We got a question from a reader yesterday who owns ORCL shares, but is worried now that the stock has filled in most of the gap from its Q4 earnings disappointment in late June, that …
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1. VALE: the Brazilian miner has been up over 15% in the last week in a straight line, now trading at new 2 month highs and quickly approaching an important technical resistance level $16, which …
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