On Monday I laid out a short thesis why IBM, a large cap U.S. multinational that has lagged the broad market and its peers, possibly due to its heavy revenue exposure overseas could benefit from …
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We’re more than halfway through earnings season, and a few themes have emerged. Goldman Sachs research has a solid summary of some persistent takeaways from company reports: Theme 1: Firms pulling all available levers to …
Continue readingEarnings season is in full swing. Financials have been almost uniformly strong, while large cap tech has struggled, with GOOG and MSFT grabbing headlines last night on weak results (dismal in the case of MSFT). …
Continue readingXLF touched 20 for the first time since 2008, and financials were the most active sector. XLF – The customer sold the June 18 puts to close 96k times, and bought the Aug 19 / Aug …
Continue readingGE and CAT are 2 of the largest industrial companies in the world. As consumers, we are rarely exposed to the industrial segments of the world economy. No surprise then, that financial media often focuses …
Continue readingGE reported better than expected earnings and revenue this morning, and the stock is trading up about 3% in the pre-market. Given GE’s global reach, I parsed through the press release to gauge the strength …
Continue readingClick here for a great post by Barry Ritholz at the The Big Picture blog, showing news reports from 1987, the day of the stock market crash. I will be doing a CAT earnings preview …
Continue readingTrading fascinates me as much for the internal battle as the external battles. Most of the time, it’s fighting your own psychology and disciplining yourself. The market will always be there. It will always move …
Continue readingAnother relatively quiet overnight session in all markets on low volume once again. Asian indices were mixed, with the Shanghai the weakest performer, down almost 2% to close near the lows of the year. European …
Continue readingFri 22 Jun 12 | 05:00 PM ET Enis and the Options Action crew talk about the disconnect between Oil and Equities, Enis offers a put spread in GE to take advantage of possible global …
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