I concluded today’s MorningWord (Wake Me Up When September Ends) with a comment that events in the next few weeks might spark some market volatility (one way or the other) and how the options market …
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Walmart (WMT) had no shortage of reasons for last week’s poor earnings results and downgrade of forward guidance last week. Since the stock’s 8% one day decline on October 14th to new 52 week lows, …
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Shares of CBS were upgraded this morning at Deutsche Bank from a Hold to a Buy rating, but they lowered their 12 month price target from $67 to $60, per Bloomberg: CBS to reach inflection …
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This is some fairly old school Wall Street sell-side research stock picking, per Bloomberg: Priceline Cut at Deutsche Bank on Limited Upside; Expedia Upped 07:57 Priceline cut to hold from buy by Deutsche Bank analyst …
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European stocks are partying today on news from an ECB executive board member that they will “front load” bond purchases in May and June in front of what they expect to be poor liquidity in …
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Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. XLF – the most active single stock or etf option was the June 22 puts, with 84,000 trading on …
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While there have been no shortage of reasons for investors to sell stocks in the last few weeks, it’s safe to say that a brewing credit crisis in China has not been on the top …
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Last July, Federal Deposit Insurance Corp Vice Chairman Thomas Hoenig referred to Deutsche Bank as “horribly undercapitalized” and that the largest European banks has “no margin of error”. Since that time the bank has raised billions in …
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MorningWord 10/11/13: Financial stocks have been struggling relative to the broader market for a couple months now. Yesterday’s rally was the first welcome hint of leadership from the sector in quite a while. The XLF/SPY …
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JPM has sold off ahead of earnings on Friday morning as the broader market has been weak all week. We initiated a JPM put diagonal on Oct. 4th (detailed below), and we’ve decided to take …
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