Event: Restoration Hardware (RH) reports Q3 results tonight after the close. The options market is implying a whopping 10% one day move, which is rich to the 4 qtr average of about 6%, and the …
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This morning I used Apple Pay for the first time. I loaded money on my Starbucks App on my iPhone to pay for my morning fix. Seemed a bit nonessential, at least one too many intermediaries …
Continue readingFirst things first, a heartfelt shout out to all of those currently serving in the armed forces, all of those who have served and specifically to those close to us who have sacrificed in defense …
Continue readingRegular readers know that we have been positively disposed to Twitter as product, platform, and stock for the better part of its two years as a publicly traded company. We have taken profits in the …
Continue readingOn CNBC’s Fast Money last night, I was asked for thoughts on Groupon (GRPN) missing Q3 estimates, guiding down Q4 and booting their second consecutive co-founder from the CEO role. At the time the stock was …
Continue readingEvent: GoPro (GPRO) reports Q3 results tonight after the close. The options market is implying a 14% one day move which is rich to the 11% average over the 5 quarters the stock has been …
Continue readingEvent: Twitter (TWTR) reports Q3 results tonight after the close. The options market is implying about a 12% one day move tomorrow. The Oct 30th weekly 31 straddle (the call premium + the put premium) …
Continue readingYou probably noticed that Tech stocks are screaming higher today on the heels of better than expected results from AMZN, GOOGL & MSFT. What you might have missed are two pockets within tech that are not …
Continue readingCyber security software vendor FireEye (FEYE) has had a fairly controversial run as a publicly traded company. Since its September 2013 IPO at $20, the stock is up nearly 80% vs the S&P 500 up 18% …
Continue readingWith Chinese equity markets closed last night and again tonight, let’s talk some US stocks. GoPro (GPRO): Yesterday, shares of GPRO were down as much as 11% and closed down 5.5% on the day. The …
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