Yesterday in this space we discussed the illusion of massive equity market gains since the Nov 8th election (Alternative Tracks). The reality is that the S&P 500 (SPX) is up a mere 3.5% from the …
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Last night on CNBC’s Fast Money we had a spirited discussion about the year to date out-performance by the so-called FANG stocks (Facebook, Amazon, Netflix & Google, up 7%, 5.5%, 7.7% & 4% respectively vs …
Continue readingUntil this week’s 5% rally (back up on the year ~3.5%) in shares of Alphabet (GOOGL) the stock, along with many other mega-cap stocks have largely sat out the post election rally in U.S. stocks, …
Continue readingIf you haven’t noticed by my sour disposition for the better part of 2016, there were a lot of things that I really hated this year. Yeah the Pokemon Go craze and Mannequin challenge were …
Continue readingSince reporting calendar Q3 results in the last week or so, Apple (AAPL), Alphabet (GOOGL), Amazon.com (AMZN) and Facebook (FB), have lost between 5 and 10%. That is equal to nearly $200 billion in combined market …
Continue readingLast Friday and then again yesterday we previewed Facebook’s (FB) Q3 results. We also detailed some trade ideas for those long the stock or those inclined to initiate a new long position into the print, but with …
Continue readingEvent: Facebook (FB) reports Q3 results tonight after the close. The options market is implying about a 6% one day post earnings move tomorrow, which is shy of the average over the last 4 quarters …
Continue readingEvent: Facebook (FB) reports Q3 results on Wednesday November 2nd after the close. The options market is implying a little less than 6% one day move, which is equivalent to about $23 billion in market capitalization. The stock …
Continue readingYesterday in this space I did a little compare and contrast between expectations into Amazon.com (AMZN) and Alphabet’s (GOOGL) Q3 earnings due out last night (here). In a nutshell, I emphasized: AMZN is likely the one …
Continue readingEarlier we highlighted the implied move in the options market (along with a few other fun facts) for Alpabet’s (GOOGL) Q3 results due out after the close. The options market is predicting about a 5% …
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