Western Digital (WDC), the hard disk drive maker who recently completed their acquisition of flash storage provider Sandisk, reported sales and earnings last night that beat prior guidance, including Sandisk results. Shares of WDC are …
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Shares of hard disk drive maker Seagate Technology (STX) are trading at fresh 52 week lows, and very near 4 year lows today. The stock is down 72% from its all time highs made in …
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How do you sell a stock that you own that has gone from all time highs in late 2014 ($70) to now trading at $42? And how do you even contemplate shorting a stock that has …
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I am not sure I can be any vocal about this but as a group, the technicals of Technology stocks looks downright nasty. In the last two weeks we’ve seen poor reactions to worse than …
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This past weekend Barron’s ran the following story 10 Stocks With Reliable Yields Up to 5.7%. The uniting factor here is that not only do the companies have healthy dividend yields but also the potential for growth. …
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As a part time market pundit there are few investing crutches that I hear that make me cringe the way “the stock is cheap” does. Stocks are cheap for a lot of reasons. And stocks …
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There is a a bifurcation of haves and have-nots in the year to date performance in technology shares. Apple, Microsoft, Intel and Facebook have done much of the heavy lifting for the tech heavy Nasdaq, …
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MorningWord 9/10/13: There are many attributes that contribute to a consistent profitable trading regime, but from my experience, none are more important than persistence. Back on Aug 6th, prior to FIO’s disastrous fiscal Q4 earnings …
Continue readingI initiated a range trade on STZ on January 8th ahead of its earnings report. I ended up with much more than I bargained for when I got into this position. Check out the 17 …
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I laid out my thoughts on STZ in my earnings preview earlier today (included below). Given the high level of implied volatility, and my lack of directional bias, I basically just want to sell volatility …
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