Shares of Twitter rallied almost 5% on Friday after the acknowledgement that former Microsoft (MSFT) CEO Steve Ballmer took a 4% stake in the company and in an email to Bloomberg noted that he sees …
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Event: Intel (INTC) reports Q3 earnings tonight after the close. The options market is implying almost 4% one day move which is rich to the 4 qtr average move of about 2% and the 10 …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was Sept 28th – Oct 2nd:
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How do you sell a stock that you own that has gone from all time highs in late 2014 ($70) to now trading at $42? And how do you even contemplate shorting a stock that has …
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Regular readers know we have been skeptical of bullish calls over the last couple years relating to a supposed refresh cycles for PCs. It is our belief ( as well as many much smarter than …
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On a few occasions this year we have expressed bearish views in PC-centric semiconductors with Intel (INTC) and Micron (MU) as our favorite targets (here, here & here). The Philadelphia Semiconductor Index (SOX) is down 13.5% on …
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On CNBC’s Fast Money last night (watch here) the panel talked Dow stocks and debated which were cheap and expensive to their historically averages. One name that screens expensive is MSFT. A month ago, Dan highlighted …
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Back on Aug 4th we legged into a bearish position in MSFT, financing the purchase of longer dated puts by selling shorter dated ones. To refresh, here was the trade & rationale:
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Back in the spring when M&A in the semiconductor space was all the rage with the largest deal in tech history, Avago paying $37 billion for Broadcom (BRCM) and Intel’s (INTC) $17 billion cash bid …
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Regular readers know that we try not to get sucked into investment ideas with buzz-phrases like cloud transition, upgrade cycles, back to school etc etc… that’s all mumbo jumbo that technology investors over-use in an …
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