Event: Fedex (FDX) reports fiscal Q4 results Wednesday before the open, the options market is implying about a 3.25% one day move which is a tad lower than the 4 qtr avg of about 3.6%, …
Continue readingStay Tuned
Event: Adobe (ADBE) reports fiscal Q2 results tomorrow after the close. The options market is implying about a 5% one day move which is shy of the 4 & 8 qtr avg one day moves …
Continue reading
We have traded Twitter well over the last year, with a few instances getting long, or replicating long exposure in the highs $30s and selling in the high $40s/low $50s (read recap and thesis (here, here and here). Shortly after …
Continue reading
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 …
Continue reading
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 …
Continue reading
MorningWord 12/16/13: On more than a couple occasions in 2013, we have attempted to crack the code of EBAY’s embarrassing performance in a raging bull market. In the last couple months we have used the …
Continue readingTraders are always looking for relative out/under-performance among instruments in the same asset classes. Some of the best traders I know like to buy strength and sell weakness until it looks to be too much …
Continue reading
Earlier today we previewed NKE’s fiscal Q1 due out after the close, my conclusion very simply is that the company is executing very well in a difficult environment, but per their conservative fiscal 2014 guidance …
Continue reading
Event: NKE reports its fiscal Q1 earnings tonight after the close. The options market is implying about a 4.5% one day move, which is below both the 4 qtr and 8 qtr averages of about …
Continue readingOn Aug 23rd, MSFT’s surprise announcement that CEO Steve Ballmer would be stepping down within 12 months sent the shares up almost 10% nearly completely filling in the earnings gap from July. Flash forward to …
Continue reading