Event: Adobe (ADBE) reports their fiscal Q2 results tonight after the close. The options market is implying about a 5% one day move tomorrow, which is rich to the 4 qtr average one day post …
Continue readingGAAP
Back in August if 2011, Marc Andreessen, co-founder and general partner of venture capital firm Andreessen-Horowitz penned a prescient essay in the Wall Street Journal explaining; Why Software Is Eating The World. At the time, skeptics wondered …
Continue reading
I don’t have too many go to sayings about markets and trading. There is one that I hear on the Finance Twitter a lot, Price is Truth. The assumption is that risk assets trade where …
Continue reading
Shares of Oracle Corp (ORCL) are down 4% on news that a former internal accountant filed a whistleblower lawsuit about the company’s accounting practices relating to cloud services revenue, as reported by Reuters: In a …
Continue reading
The financial media has spilled a lot of ink on the growing gap between GAAP and Adjusted Earnings. I’ve also written on the subject at times, choosing to focus on a stock by stock basis …
Continue reading
Event: Palo Alto Networks (PANW) reports their fiscal Q3 results after the close. The options market is implying about an 8% one day move tomorrow, which is rich to the 5.6% 4 qtr average one …
Continue reading
Yesterday on CNBC’s Futures Now program, Sven Henrich, or as you may know him on-the-line as The Northman Trader, offered some thoughts on the technical set up in the S&P 500 (SPX), watch here: Regular readers …
Continue reading
This is a bit of a think piece so please bear with me, but if you get bored skip to the bottom, there is an options trade idea on Amazon (AMZN). With Kohl’s (KSS) down …
Continue reading
Event: Yelp Inc (YELP) reports Q1 results tonight after the close. The options market is implying about a 14% one day move, which is essentially in-line with the average one day move following the last 4 …
Continue reading
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%, …
Continue reading