On Friday, Q4 earnings releases from three large moneycenter banks, Bank of America (BAC), JP Morgan (JPM) and Wells Fargo (WFC) officially ushered in earnings season, one that will be of particular interest to investors …
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We got results from a few of the largest moneycenter banks this morning. These stocks have been a big part of the stock market rally over the past few months on the dual assumptions of …
Continue readingBank of America (BAC) reports Q4 results tomorrow before the open. The options market is implying about a 3.3% move tomorrow, which is rich to the 4 qtr one day average post earnings move of …
Continue readingJP Morgan reports Q4 results tomorrow before the open. The options market is implying about a 2.3% one day post earnings move, which is rich to the 4 qtr average one day post earnings move …
Continue readingU.S. Bank earnings start off with a bang tomorrow morning with Bank of America (BAC), JP Morgan (JPM) and Wells Fargo (WFC). The three combined make up about 27% of the of the weight of …
Continue readingEvent: Broadcom (AVGO) reports their fiscal Q4 results tonight after the close. The options market is implying about a 5.5% one day post earnings move tomorrow, which is essentially in line with the average over the …
Continue readingRegular readers know we don’t place too strong of emphasis on unusual options activity. Without intimate knowledge of the trade, or knowing the initiators’ intent, whether the trade is outright, or delta neutral, or what …
Continue readingEvent: JP Morgan (JPM) is scheduled to report its Q3 results tomorrow before the open. The options market is implying about a 2.2% one day move in either direction, which is lower than the 4 qtr average …
Continue readingQ3 earnings season kicks off next week. The main event will come Friday morning with earnings from Citibank (C), JP Morgan (JPM) and Wells Fargo (WFC), three stocks that make up nearly 25% of the …
Continue readingIn the lead up to, and the way out of the late June Brexit vote, European banks were thought to be the most vulnerable in the event of a Leave vote. They had already been …
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