International Business Machines Turning The Corner (IBM)? International Business Machines Corporation (IBM) commonly referred to as “Big Blue” is one of the oldest and biggest information technology companies that sells its products and services the …
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On December 6th we looked at the constructive set-up for IBM stock and detailed an alternative to stock that looked to take advantage of an end of the year vol crush by selling a Dec30th …
Continue readingBack in early August, we attempted to lay out a bullish case for shares of IBM: IBM is a cheap stock at 12x expected 2016 eps and pays a dividend with a current yield of …
Continue readingYesterday IBM’s CEO Ginni Rometty wrote an open letter to President-elect Trump offering: ideas that I believe will help achieve the aspiration you articulated and that can advance a national agenda in a time of profound …
Continue readingWith the the S&P 500 breaking out to new all time highs after its recent consolidation on the heels of the second consecutive better than expected non-farm payrolls number this am, it makes sense to …
Continue readingFor weeks now, financial journalists, blog writers, and tv pundits have been pointing towards Q2 earnings season as the true guidepost to what’s in store for U.S. financial markets in the back half of the …
Continue readingThe new highs in the S&P 500 (SPX) has breathed new life in some long beleaguered large components like IBM. The stock is now up about 16.5% on the year, and up a whopping 37% from …
Continue readingWe spend a lot of time on RiskReversal discussing implied event moves. We do this not try to predict the unpredictable, but mostly use it as an input to help gauge the sentiment of investors …
Continue readingYesterday I previewed Hewlett Packard Enterprise’s (HPE) fiscal Q2 results due after the close (read here), and concluded:
Continue readingEvent: Hewlett Packard Enterprises (HPE) reports their third quarter as a standalone company tomorrow after the close. The options market is implying about a 7% one day move following results. Back in early March the …
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