Earlier, Dan previewed Tesla’s Q1 earnings due after the bell. Now we want to look at a couple of strategies in the options that may make sense for those long the stock or thinking about …
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Since we first entered our CAT trade almost a month ago, the stock has been a one way train higher. Even with Chinese shares moving lower in the past week, CAT has mostly ignored that …
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Caterpillar reported better-than-expected earnings this morning, and the stock is trading up more than 6% in the pre-market, near its 2014 highs around $93. So is this a clean change of trend after a dismal …
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Event: CAT reports its Q4 earnings on Monday before the open. The options market is implying about a 3.5% one day move, which is just about in line with 4 qtr average of about 3.25%, and …
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IBM has fallen below our $180 mid-point for our put butterfly trade that we put on last week. The catalyst was Stan Druckenmiller’s presentation at the RobinHood conference on Friday, recommending IBM as a good …
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We have watched with interest as XOM has rallied right up to near all-time highs in the past month. The headlines have heated up, as Buffett/Berkshire have taken a large stake, at the same time …
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We wrote about IBM in detail in a Macro Wrap post last month, highlighting an interview with Jim Chanos where he pointed out the accounting gimmicks many large cap tech stocks have been using to …
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Event: CAT reports its Q3 earnings tomorrow before the open. The options market is implying about a 3.25% one day move, which is above the 4 qtr avg of about 2.25% and the 8 qtr …
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In recent weeks, a plethora of large money managers have spoken out about the speculative fever in the current market. The alarm of caution has been heard from Stanley Druckenmiller to Paul Singer, from Seth …
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Bloomberg Crude oil and gold will lead a rally in commodities as production fails to keep pace with demand, said Ray Eyles, chief executive officer of JPMorgan Chase & Co. (JPM)’s commodity business in Asia. …
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