Event: Fedex (FDX) is scheduled to report fiscal Q1 results Wednesday September 16th prior to the open. The options market is implying about a 3.5% one day move which is rich to the 2.9% average …
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In this weekend’s Barron’s there was a great QnA with the CIO of Bessemer Trust, Rebecca Patterson that is well worth a read, Why Bessemer Trust’s Chief Investment Officer Is Still Bullish. An answer to a …
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The data dependent Federal Reserve sees green-shoots in the U.S. economy. As they should after trillions of dollars of monetary and fiscal stimulus since the financial crisis. Employment data is nearing their targets for a …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was June 15th to June 19th:
Continue readingEvent: Fedex (FDX) reports fiscal Q4 results Wednesday before the open, the options market is implying about a 3.25% one day move which is a tad lower than the 4 qtr avg of about 3.6%, …
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Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. TWTR – options volume exploded for the second straight day, the first full trading session investors had to digest …
Continue readingA few weeks ago I took a look at FDX with an eye towards tomorrow morning’s fiscal Q3 report (below). I was particularly focused on the price of FDX options, while also taking a peak …
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On Wednesday I took a look at Fedex (FDX) and had the following observation on its recent price action and technical set up (read here): Shares of Fedex (FDX) have nearly doubled-up the performance of the …
Continue readingShares of Fedex (FDX) have nearly doubled-up the performance of the S&P 500 (SPX) since the market lows in 2009, up about 400% vs the SPX up about 200%. What’s interesting about the recent price action …
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On the last day of July I took a bearish view on UPS with the thought that the earnings gap at $100 should serve as strong technical resistance with the backdrop of poor fundamentals. The stock …
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