General Electric (GE) is scheduled to report Q3 results Friday morning, Oct 21st before the open. The options market is currently implying a 2% one day move which is a tad rich to its 4 qtr …
Continue readingHON
Here are a few long premium directional options trades that caught my eye in today’s trading: GLD – since the Gold’s ramp off of 52 week lows in mid December to new 52 week highs …
Continue readingToday is a tale of two cities for industrial stocks, with General Electric (GE) trading up about 2.5% and at both a new 52 week and 7 year high after posting better than expected Q3 …
Continue readingYesterday in this space (The Year of the PBOC) I discussed the difficulty assessing the health of the Chinese economy for those of us who are not on the ground, and who generally rely on …
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 reading