Trade Update Apr 2nd, 2013: Since initiating this bearish position, MSFT is up 2% in the last 2 weeks, I am now going to be a bit undisciplined and average into my position as I see no fundamental …
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HPQ is another of the many left-for-dead stocks (NFLX and BBY among those that we’ve most discussed) that has quickly doubled over the past 6 months. But HPQ stands out because it is by far …
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ORCL’s weak results and outlook confirm some of the reasons for the YTD relative under-performance of the Nasdaq, regardless of how much weight you want to place on AAPL’s contribution. With ORCL down a little more …
Continue readingTrade Update March 20th, 2013 at 3:40 pm: This is a tough decision, but let me lay out why I’m taking off the FDX trade from yesterday, and why now, as opposed to earlier in …
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We’ve looked at many different structures ahead of FDX earnings tomorrow, and here’s what we finally settled on: Earnings Preview Mar 19th, 2013: Event: FDX reports its fiscal Q3 earnings Wednesday before the open. The …
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Event: FDX reports its fiscal Q3 earnings Wednesday before the open. The options market is implying about a 3.5% move post-earnings, which is higher than the 4 qtr avg move of about 2.5%, but lower than …
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Let’s get the Dow Jones Industrials all-time highs out of the way. This market feels like it will be easier to handle once that psychological benchmark is taken out. Because when I stack the positives …
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Event: HPQ reports fiscal 2013 Q1 earnings tomorrow after the close. The options market is implying about a 6.5% move on earnings, which is shy of the 7.5% average over the last 4 qtrs. Sentiment: …
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Event: SBUX reports Q4 earnings tonight after the close. The options market is implying about a 4.5% move, vs the trailing 4 qtr avg move of ~6.25% and the 8 qtr avg of ~4%. Sentiment …
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