In just the last few weeks it seems that the most important change in the U.S. equity markets has been investors willingness to think more critically about once untouchable stocks. To me, this really started …
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Event: Salesforce.com (CRM) is scheduled to report their fiscal Q2 results next Thursday after the close. The options market is implying about a 9.5% weekly move. With the stock near $72, the Aug 72 straddle …
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I n 2015, the Nasdaq Composite is the runaway U.S. equity winner. You know the score there, some of the largest mega cap biotech & tech stocks in the market weighted average index are up …
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I am not sure I can be any vocal about this but as a group, the technicals of Technology stocks looks downright nasty. In the last two weeks we’ve seen poor reactions to worse than …
Continue readingEvent: Open source infrastructure software provider Redhat (RHT) reports fiscal Q1 results after the close. The options market is implying about an 8.5% one day move, which is rich to the 4 qtr avg of …
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Technology stocks, as measured by the Technology Select etf (XLK), are up 3.3% on the year, making it the fourth best performing sector in the S&P 500 (SPX) behind Healthcare, Consumer Discretionary and Basic Materials. …
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THIS WAS THE TRADE THAT I WAS GOING TO POST ON AT 2PM WHEN ORCL WAS $42.60. UNFORTUNATELY OUR SERVER WENT DOWN AND WAS UNABLE TO DO SO. THE STOCK IS UP 60 CENTS SINCE, …
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Event: ORCL report fiscal Q4 results Wednesday after close, the options market is implying about 4% one day move which is shy of the 4 qtr avg of 5.25% and 8 qtr avg of 4.65%. I will …
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Event: Salesforce.com (CRM) reports Q1 results tonight after the close. The options market is implying about a 6.2% or $4.30 one day move vs the 4 qtr avg of about 7%. Price Action / Technicals: …
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Last Wednesday shares of Salesforce.com (CRM) had an intraday rally of almost 20% before settling in up 13% on a Bloomberg story that the company has hired bankers to “field takeover offers after being approached …
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