Coca Cola (KO) gapped lower following its Q1 results reported April 20th. Following that 8% 2 day move lower the stock found its footing and has since been bouncing in a range between 44 and …
Continue readingKO
Microsoft (MSFT) has enjoyed a bit of a resurgence from a relevance standpoint since Satya Nadella took the CEO helm after formerly heading the company’s cloud business. The new found focus of Nadella on innovation …
Continue readingOn April 20th, following Coca-Cola’s (KO) Q1 results, the stock dropped nearly 5%, with the two day drop equaling 8%. Investors are likely concerned with the little matter of declining sales, with expected 2016 sales of $42.5 …
Continue readingU.S. consumer staples stocks (XLP) are the second best performing sector in the S&P 500 (SPX) in 2016, up 5.5%, behind Utilities (XLU) which are up 13%. Despite mildly under-performing the SPX’s 200% gains from the …
Continue readingAnnouncement: CC and I will be co hosting a live webinar this Monday for the Ticker District with my Options Action co-panelist Mike Khouw. We’ll be talking about options and event risk in particular and …
Continue readingToday’s price action in U.S. stocks is confounding to say the least. The pre-opening 2% sell off from the highs on the worse than expected Sept jobs data made sense in the context of our …
Continue readingWarren Buffett’s Berkshire Hathaway (BRK/B) is in the news this morning, as he is “Buying American” (as he likes to say) with his $37 billion acquisition of industrial nuts and bolts maker Precision Castparts (PCP), …
Continue readingTo state the obvious, shares of Coca-Cola (KO) have under-performed in 2015, down 5% vs the S&P 500 (SPX ) up 2.5%. This should not come as a surprise to most as there are no …
Continue readingBack on Feb 10th, following KO’s Q4 results, we placed a short term bearish trade as we felt the stock’s gains of 3% on the results delivered was unwarranted. A month later the stock was …
Continue readingYesterday I noted how odd it is at this stage of the economic recovery here in the U.S. that markets still cheer bad economic data (the idea being it pushes potential rate hikes further [read …
Continue reading