Event: MSFT reports fiscal Q4 results tonight after the close. The options market is implying about a 5% one day move which is essentially inline with the 4 qtr avg one day move of about the …
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Technology stocks, particularly component suppliers to the PC and Smartphone supply chain have been under pressure of late as weak results and pricing from semiconductor / memory suppliers have weighed on the largest sector by …
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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 …
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Event: Micron (MU) reports their fiscal Q3 results tonight after the close. The options market is implying a 6.25% one day move. With the stock at $24 the June 26th (tomorrow expiration) 24 straddle (the …
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Last night on CNBC’s Fast Money we discussed semiconductor stocks and the potential for continued M&A activity, watch here: While I am generally skeptical of chasing “other” takeover candidates after announced deals, Marvell Technology (MRVL) …
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Event: Hewlett Packard (HPQ) reports their fiscal Q2 results tonight after the close. The options market is implying about a 5% one day move which is shy of the 4 qtr average move of about …
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Shares of Microsoft are up 3.5% today, its largest one day gain of the year, bringing its losses for the year to about 7%. There does not appear to be any news in the stock …
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Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. QQQ – the Nasdaq 100 etf saw a large bearish roll when the etf was $105, a trader sold 50,000 of the Mat …
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The under-performance in Intel (INTC) and Microsoft (MSFT) in 2015 has been on my list of concerns as to the continued health of the Nasdaq rally. These two stocks (that had a sort of renaissance …
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Despite the SOX (Philadelphia Semiconductor Index) having recently broken out to a new all time high last month, Intel (INTC), its largest component at 17% of the weight has demonstrated declining momentum since making new …
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