SBUX is trading almost exactly unchanged on the year after a strong 6 week rally from near $70 in late-May. SBUX closed the year at $78.39 (red), and that level has acted as resistance in …
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Starbucks is trading at a 3 month high today after an upgrade from UBS. The UBS analyst cited the following factors for the upgrade: One of best long-term global growth opportunities among consumer multinationals given …
Continue readingBelow is a list of some of the most interesting single stock options activity from today’s trading session: 1. S & TMUS: Lots of headlines over the past week as to whether or not a …
Continue readingBelow is a list of some of the most interesting single stock options activity from today’s trading session: 1. TWTR – in front of the company’s first quarterly report options activity was fairly brisk with …
Continue readingDespite the overnight weakness in Asia, our equity markets found their footing right out of the gates after yesterday’s 2% drubbing. Below is a list of some untied single stock options trades that caught our …
Continue readingUndercapitalization of the European banking system has been a lingering concern for the European economy for several years now. While the U.S. banks undertook a major capital raising program in 2008 and 2009 to replenish …
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 readingBloomberg The U.S. economy grew 1.9 percent in the first quarter, reflecting a gain in consumer spending that now shows signs of cooling as the labor market weakens. The revised gross domestic product reading matched …
Continue readingCNBC The European Central Bank must act sooner rather than later in order to avoid a grave outcome for the euro area and possibly the euro itself, according to Credit Suisse Economist Yiagos Alexopoulos. “The …
Continue readingDShort The S&P 500 finished the day up 0.54%. The index is now up 1.65% year-to-date but down 6.25% from the interim high set on April 29. From an intermediate perspective, the index is 89.0% …
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