On Friday, shares of Chinese search behemoth Baidu (BIDU) closed up 5% on the day (after being up 8%) as a result of the company’s Q1 results and better than expected revenue outlook. Today BIDU is down 7.5% on …
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With earnings season comes idiosyncratic single stock risk. We all know that and in many ways its one of the very things that attracts us to trading individual stocks vs etfs. But what can be …
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Shares of LinkedIn (LNKD) are up about $7, or about 5.5% this morning following better than expected Q1 results, and a bump to guidance, from Bloomberg: From press release: 1Q adj. EPS 74c, saw ~55c in …
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Earlier, Dan previewed Amazon’s Q1 earnings due after the bell. As always with Amazon most metrics you would judge a 20 year old company with go out the window. Also different about a company that’s …
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Event: Amazon.com (AMZN) reports their Q1 results tonight after the close. The options market is implying about 8% one day move tomorrow, which is shy of its 10 year average one day post earnings move of 9.2%, …
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Last night on CNBC’s Fast Money, my main technical man, Carter Braxton Worth, of Cornerstone Macro Research (and co-panelist on Options Action) laid out a fairly compelling case for a short entry in the XLK, …
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Dan had a great preview of Facebook’s Q1 earnings due after the bell. Our view is that over the long term some of the same pain that they are causing their online competitors will eventually …
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Event: Facebook (FB) reports Q1 results tonight after the close. The options market is implying about an 8% one day move tomorrow (above last quarter’s 7% implied move), which is rich to the 4 qtr average …
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On Friday afternoon I previewed a bearish trade in shares of the Technology Select etf, the XLK (below), and discussed on Friday’s Options Action on CNBC: I think I was pretty clear that I wanted to …
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Event: Twitter will report their Q1 results tonight after the close. The options market is implying about an 12% one day post earnings move, which is a tad rich to the 4 qtr one day average move …
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