Event: Alphabet (GOOGL) reports Q2 results tonight after the close. The options market is implying about a 5% one day move, which is cheap to the 4 qtr average of about 7%, and shy of the …
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Facebook (FB) blew the doors off their Q2 results. I think it is safe to say their were few investors, analysts and pundits who did not expect them to, so congrats to all. Last night immediately …
Continue readingEvent: Facebook (FB) reports Q2 results tonight after the close. The options market is implying about an 6% one day move tomorrow (above last quarter’s 8% implied move), which is shy to the 4 qtr average …
Continue readingBack 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 readingInteresting read from Mohamed El-Erian, the chief economic adviser to Allianz: FYI, thoughts on recent #markets developments and outlook, & the implications for #investment portfolios https://t.co/SGlbxTtXPB @FT #stocks — Mohamed A. El-Erian (@elerianm) May 4, 2016 Usually …
Continue readingOn Friday, shares of Chinese search behemoth Baidu (BIDU) closed up 5% on the day (after being up 8%) as a result of the company’s Q1 results and better than expected revenue outlook. Today BIDU is down 7.5% on …
Continue readingLast night on CNBC’s Fast Money, my main technical man, Carter Braxton Worth, of Cornerstone Macro Research (and co-panelist on Options Action) laid out a fairly compelling case for a short entry in the XLK, …
Continue readingDan had a great preview of Facebook’s Q1 earnings due after the bell. Our view is that over the long term some of the same pain that they are causing their online competitors will eventually …
Continue readingEvent: Facebook (FB) reports Q1 results tonight after the close. The options market is implying about an 8% one day move tomorrow (above last quarter’s 7% implied move), which is rich to the 4 qtr average …
Continue readingEvent: Apple (AAPL) reports fiscal Q2 results tonight after the close. The options market is implying about a 4.5% one day move, which is shy of the implied move prior to their Q1 report in late January of 6.25%, …
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