Event: Wireless semiconductor company Skyworks Solutions (SWKS) is scheduled to report fQ1 results tomorrow after the close. The options market is implying about a 5% one day post earnings move which is a tad shy …
Continue readingSO
Tesla (TSLA) has had a fairly newsy year. They had issues with their autopilot in their Model S & X, push-out of completion and cost over-runs of their battery gigafactory. They also introduced their mass market Model …
Continue reading
On CNBC’s Fast Money last night we had the pleasure of getting DoubleLine Capital’s Jeffrey Gundlach’s response to the Federal Reserve’s policy statement (or non-statement): On Friday, I detailed some of Gundlach’s recent commentary from …
Continue reading
Here is some (apparently) directional options activity that caught my eye in today’s trading: Apple (AAPL): the stock continues its insane weekly gains, nearing 12% from Monday’s lows, with the stock up 3% at a new …
Continue reading
On Friday Federal Reserve Chairwoman Janet Yellen said what we already knew: “In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an …
Continue reading
It seems like a lifetime ago but on Friday the S&P 500 (SPX) was in an all out free-fall in the aftermath of the UK Brexit vote, closing down 3.6%. I had some fairly specific …
Continue reading
The Nasdaq Composite (CCMP) and the Nasdaq 100 (NDX) are the only two major U.S. equity indices that are not up on the year, despite out-sized rallies (compared to the S&P 500) off of their …
Continue reading
In early April, prior to Under Armour’s (UA) Q1 results I took a quick look at the trade set up with the stock in the mid $40s (here), and touched on one of the pillars …
Continue reading
From where I site, and what I am looking at, 2016 could end very differently than 2015. With the S&P 500 down 2.5%, the NASDAQ Composite down 9% and the Russell 2000 down 14% from …
Continue reading
On April 20th, following Coca-Cola’s (KO) Q1 results, the stock dropped nearly 5%, with the two day drop equaling 8%. Investors are likely concerned with the little matter of declining sales, with expected 2016 sales of $42.5 …
Continue reading