Event: PCLN report their Q1 earnings TONIGHT after the close. The options market is implying about a 6.1%* (last quarter the implied move was a~7.25% and the stock move was only ~1.5%). The 4qtr average has …
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Trade Update May 2, 2013, 10:11 am: Dan had a great MorningWord this morning explaining the rationale behind his FB trade. However, what I found most broadly applicable to trading earnings in general was his …
Continue readingThe promise of the Internet has finally panned out, but far after the initial investor euphoria in the late 1990’s. The Internet WAS the future back then, just not as soon as the dot-come investor …
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Priceline.com has grown itself into one the top 100 largest companies in the U.S. by market cap. The company was founded in 1998, and its 15 year growth story is the stuff of legend. Only …
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MorningWord 3/14/13: Tuesday on Fast Money I was asked to respond to a viewer Tweet about BBRY, whether to Buy Sell or Hold with the stock around $14.50? If I recall correctly, my answer was …
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MorningWord 3/13/13: Last night, the FAA set the course for BA to commence limited tests flights of their Dreamliners with their newly designed battery systems. This is obviously great news for BA which has had their worldwide fleet of forty nine 787s …
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MorningWord 3/12/13: AAPL is most certainly trying to put in a bottom after its almost 40% peak to trough draw-down from the Sept highs. For most of yesterday’s trading AAPL, continued its relative under-performance looking like it was …
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MorningWord 3/11/13: Most traders of my age, the ones who sit in front of screens all day, have one eye trained on the scrolling news ticker on their quote system. Prior to the Great Recession, …
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MorningWord 3/8/13: In case you missed it, The February NonFarm Payrolls number came in this morning adding 71k more jobs than forecasts predicted, with the unemployment rate dropping to 7.7. Despite the revision lower to …
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MorningWord 3/7/13: Tuesday night on Fast Money two of the panelists were engaged in a bull/bear debate on the merits of owning INTC at current levels. When asked for my opinion on the matter I …
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