Event: Macy’s (M) reports their Q2 results tomorrow before the open, the options market is implying about a 5% one day move which is rich the 4 qtr average of about 4%. Estimates & Forecasts From …
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Back in early August (original post below), I initiated a long position in AT&T with the thought that their generally poor Q2 results were reflective of an increasingly competitive mobile landscape, and that the iPhone …
Continue readingFor a sleepy stock, AT&T (T) has had an active past few weeks, trading in a nearly 10% range: The stock broke out to new 52 week highs late last month when Winstream (telco provider) …
Continue readingIt’s no secret that utilities and REITs have been two of the best-performing sectors in the market this year. They’ve been highly correlated to rates, generally rallying when rates moved lower as investors added high-yielding …
Continue readingThis past Friday I detailed my thoughts on NLY in a Deep Dive post (below), following news that the company’s COO and Co-Chief Investment Officer were resigning. In that post, I analyzed the details of the …
Continue readingAnnaly caught my attention this morning when I saw the headline that the COO and the Co-Chief Investment officer were both resigning from the firm. That would be major news for any company, but more …
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