Yesterday we previewed American Express’ (AXP) Q4 results and detailed a fairly binary trade expiring today for those looking to fade recent strength. Here was the trade and rationale from yesterday: For those looking to …
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Yesterday we previewed of Alibaba’s Q3 results (released this morning). The stock is initially opened higher after the company beat expectations: Alibaba posted earnings of 5.26 yuan per share, up from 3.61 yuan a share …
Continue readingYesterday we looked at Alphabet’s (GOOGL) earnings and I detailed 2 trade ideas into the earnings announcement. GOOGL is up about 4.5% this morning on a well received quarter: Alphabet reported second-quarter earnings of $8.42 …
Continue readingThe company formerly known as Google reported Q1 earnings last night after the bell, disappointing investors on earnings and revenue: The Google parent company said it saw adjusted first-quarter earnings of $7.50 per share on …
Continue readingBiotech stocks have in focus of late, as they appear to be ground zero for concerns of an equity bubble as a result of strong performance, non-stop m&a activity, recent volatility and valuation concerns among …
Continue readingMorningWord 12/12/13: Despite yesterday’s 1% sell off in the SPX, there seems to be universal optimism among the investment community that the Fed’s fairly imminent Taper of bond purchases has more to do with …
Continue readingThomson Reuters research had the following to say about Pre-Announcements so far this quarter: For Q3 2012, there have 91 negative EPS pre announcements issued by S&P 500 corporations compared to 21 positive EPS …
Continue readingMarketwatch The U.S. trade deficit fell 3.8% in May to $48.7 billion largely because of lower oil imports, while exports rose slightly, the Commerce Department reported Wednesday. Imports in May fell 0.7% to $231.8 billion …
Continue readingWSJ U.S. stock futures fell as rising Spanish bond yields and concerns about China’s slowing economy fed investor jitters ahead of the second-quarter earnings season… …Shares of Alcoa AA -2.23% eased 0.2% in premarket trading. The …
Continue readingYahoo Finance Stock futures haven’t really shown a response to some rather pleasing data. Initial weekly jobless claims for the week ended February 4 totaled 358,000, which is not only less than the 370,000 claims …
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