Last night on CNBC’s Fast Money the panel discussed the President Elect’s Tweet of the Day. The tweet focused on U.S. Automaker General Motors (GM) and their production of cars in Mexico which are sold …
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Investors in U.S. equities have been buying stocks based on an assumption that the incoming administration will be “pro-business” (lower corporate taxes and less regulation). For the most part, investors are correct to assume that, …
Continue readingHere was some large possibly directional options trades that caught my eye in today’s trading: GM: Shares of General Motors are having one of their worst days in months, down 4.25% following Q3 results that …
Continue readingShares of General Motors (GM) are up nearly 3% today, having its best one day gain in months, and trading at its highest levels since mid July. The stock is down 3% on the year, with …
Continue readingYesterday, CEO of SpaceX, Tesla (TSLA) and Chairman of SolarCity (SCTY) Elon Musk laid out his plans to bring humans to Mars in the next decade and to eventually colonize the red planet. Here is …
Continue readingWe seem to be in the midst of a bubble in financial and tech media coverage of autonomous and electric cars. It makes sense when you consider the last great personal technology innovation, mobile devices, …
Continue readingEarlier, Dan previewed Tesla (TSLA) Q2 earnings due after the bell. As Dan said the options market is implying about a $14 move in either direction. That’s a little less than the recent average and …
Continue readingHere is some untied directional options flow that caught my eye in today’s trading:
Continue readingThis whole ZIRP & NIRP thing is wreaking havoc on conventional investment wisdom. Investors are willing to pay 22.5x expected 2016 eps for Coca-Cola (KO), a consumer staple, with a 3.2% dividend yield, whose earnings …
Continue readingEvent: 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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