Since breaking out above 1900 to new all time highs on May 27th, the SPX has grinded higher by about 2.5% or about 50 points and now sits up 5.5% on the year, up 12% from …
Continue readingVolatility Implied
CIEN reported a very strong number this morning, beating on both revenues and earnings, and raising revenue guidance as well. We were mildly bullish on the stock heading into the earnings event, but we certainly …
Continue reading
I posted my thoughts on CIEN in today’s earnings preview. The stock is one of the worst performers in the Nasdaq so far in 2014, down more than 20%. Thursday morning’s earnings event is a key …
Continue reading
Event: CIEN reports its fiscal Q2 earnings Thursday after the close. The options market is implying a 10% move for the event, which is essentially in line with both the 4 quarter average of about 10.5% …
Continue reading
Since we first entered our CAT trade almost a month ago, the stock has been a one way train higher. Even with Chinese shares moving lower in the past week, CAT has mostly ignored that …
Continue reading
Event: GOOG reports its Q4 earnings today after the close. The options market is implying about a 6% one day move, which is essentially in line with the 4 quarter average of 6.35%, and the …
Continue reading
Event: QCOM reports its fiscal Q1 earnings today after the close. The options market is implying about a 4% one day move, which is in line with the 4 qtr average of about 4.15%, and the …
Continue reading
Event: BA reports its Q4 earnings tomorrow before the open. The options market is implying about a 3.5% one day move, which is above both the 4 qtr average of about 2.5%, and the 8 quarter …
Continue reading
Caterpillar reported better-than-expected earnings this morning, and the stock is trading up more than 6% in the pre-market, near its 2014 highs around $93. So is this a clean change of trend after a dismal …
Continue reading
Event: CAT reports its Q4 earnings on Monday before the open. The options market is implying about a 3.5% one day move, which is just about in line with 4 qtr average of about 3.25%, and …
Continue reading