MorningWord 2/8/13: Last night LNKD reported Q4 sales and earnings that handily beat Wall Street expectations and raised Q1 guidance which could prove to be conservative if the company maintains current quarter over quarter growth rates. …
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MorningWord 2/7/13: With S&P 500 earnings more than two thirds complete for Q4, the data suggests a fairly healthy beat rate by most of the super-sectors in the index. Yesterday, Bespoke ran a chart showing 64% of the companies …
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MorningWord 2/6/13: Since the June 2011 announcement that AAPL’s retail head, Ron Johnson was leaving to become JCP’s CEO, the stock and its investors have been on a wild ride. The announcement alone sent the …
Continue readingTrade Update Jan 11th, 11: 55 am: JCP was downgraded this morning by UBS, where the analyst cut the price target to 13 and said that the current cash flows won’t be enough to support …
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With JCP dropping back below the 20 dollar mark we thought it would be a good time to look at how we’ll treat our short premium range trade that Enis put on back in November. …
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MorningWord 12/31/12: The New Years Eve trading session is normally a bit of a quiet session with not a ton relevance, but today, with just six and a half hours left to trade in 2012 …
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MorningWord 12/28/12: You guys have heard us say it on many occasions, timing isn’t everything when it comes to trading, but it sure is pretty important. Three weeks ago I felt the way to play …
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MorningWord 12/27/12: Yesterday’s weakness in the retail sector was sort of eye-popping, with a hint of irony when you consider most apparel and dept store stocks were down 2-5%, and JCP was actually up 4.4% …
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Everyone’s jumped on the bash-JCP train over the past week. Is JC Penney a broken story? Yes. Is it distressingly burning cash as it tries to turn around sales? Yes. Is CEO Ron Johnson running …
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Event: JCP reports Q3 earnings Friday November 9th prior to the market open. The options market is implying about a 10% move on earnings, which is rich to the 4 qtr avg move of ~7.25%, …
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