Earlier today we previewed IBM’s Q2 earnings report due after the bell (below). To say that we are less than enthusiastic about IBM’s near term prospects for an acceleration in earnings and sales is understatement. …
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Event: IBM reports Q2 earnings today after the close. The options market is implying about a 3.25% move, which is below both the 4 qtr avg move of 3.75%, and the 8 qtr avg of …
Continue readingWhen the Internet bubble popped in the spring and summer of 2000, it was marked by fewer and fewer stocks making new highs, with a small group of “horsemen” doing a lot of the late …
Continue readingLNKD has tested the $200 support level on several occasions so far in 2014, and bounced each time. But each test of support weakens the support level, as more and more potential buyers exhaust their …
Continue readingOn Friday Jan 31st I was a bit early legging into a near term bearish position by buying puts in GOOG after the stock’s Q4 results. When the stock was $1162 I Bought the Feb 1150 …
Continue readingOn Friday morning, after GOOG gapped higher on its Q4 results that I would say were mixed (despite the price action suggesting investors thinking it was fabulous) I made a very bad entry on my …
Continue readingA week ago I made the case (below) that GOOG was setting up to be one of the most crowded safe haven long trades in all of large cap U.S. equities. Last night the company …
Continue readingEvent: GOOG reports its Q4 earnings today after the close. The options market is implying about a 6% one day move, which is essentially in line with the 4 quarter average of 6.35%, and the …
Continue readingLast night’s disappointing iPhone units and forward guidance, that many including myself expected to be buoyed by the recent iPhone launch at China Mobile, was downright bad. There is no sugar coating the reported data, …
Continue readingOK, so GOOG is the new AAPL circa 2012. I get it. So If I talk crap about your most beloved holding, I apologize in advance for offending your portfolio, and I am prepared for …
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