A couple weeks ago we highlighted the poor relative year to date performance of shares of General Electric (GE) to many of its peers in the industrial space and the broad market, up only 2%: vs …
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Event: FedEx (FDX) reports their fiscal Q1 results tonight after the close. The options market is implying nearly a 5% post earnings move tomorrow in either direction, which is shy of the 4 qtr one day average …
Continue readingEvent: FedEx (FDX) reports their fiscal Q3 results tomorrow after the close. The options market is implying about a 4% post earnings move. With the stock around $142, the March 18th straddle (call premium + …
Continue readingThat was one heck of a reversal this morning in the S&P 500 (SPX), right off that little uptrend from the two prior lows: I suspect the question on most traders’ minds is how far …
Continue readingToday is a tale of two cities for industrial stocks, with General Electric (GE) trading up about 2.5% and at both a new 52 week and 7 year high after posting better than expected Q3 …
Continue readingOn Friday’s Options Action on CNBC, my co-panelist Carter Worth laid out a very convincing bearish technical take on shares of UPS, watch here: In Carter’s opinion, there are three charts to look at as …
Continue readingIn this weekend’s Barron’s there was a great QnA with the CIO of Bessemer Trust, Rebecca Patterson that is well worth a read, Why Bessemer Trust’s Chief Investment Officer Is Still Bullish. An answer to a …
Continue readingEvent: 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 readingA few weeks ago I took a look at FDX with an eye towards tomorrow morning’s fiscal Q3 report (below). I was particularly focused on the price of FDX options, while also taking a peak …
Continue readingShares of Fedex (FDX) have nearly doubled-up the performance of the S&P 500 (SPX) since the market lows in 2009, up about 400% vs the SPX up about 200%. What’s interesting about the recent price action …
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