Wal-Mart reports earnings tomorrow morning before the open. WMT rarely moves much on earnings (4 quarter average daily move of 1.5%, 8 quarter average move of 2.5%), and the low implied move (about 2%) in …
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The big-box retailers have been weak in the past 6 months as the headwinds for the U.S. consumer have added up. WMT, COST, and TGT are three of the biggest American retailers. All 3 stocks …
Continue readingEvent: WFC reports its fiscal Q4 earnings tomorrow on Tuesday, January 14th before the open. The options market is implying about a 2.75% one day move, which is above both the 4 qtr avg of …
Continue readingEvent: JPM reports its fiscal Q4 earnings on Tuesday, January 14th before the open. The options market is implying about a 2.5% one day move, which is above both the 4 qtr avg of only …
Continue readingA little less than a month ago we took a near term negative view on COST as their 2 consecutive sales disappointments was too much to ignore for a stock that had just recently made …
Continue readingThe purpose of initiating this bearish position in WMT nearly 2 weeks ago when the stock was near the recent highs was too play for a pullback towards the stock’s 50 and 200 day moving …
Continue readingI laid out my thoughts on COST this morning (below), and Enis previewed their earnings on Monday. Today, following earnings, the stock bounced off its lows of the day of around 117 and recently made …
Continue readingEvent: LULU reports its fiscal Q3 earnings on Thursday, December 12th before the market open. The options market is implying about a 7% one day move, which is slightly below the 4 quarter average of …
Continue readingEvent: ADBE reports its fiscal Q4 earnings on Thursday, December 12th after the market close. The options market is implying about a 5.5% one day move, which is below the 4 quarter average of about …
Continue readingMorningWord 12/11/13: Costco is having a bad week…….this morning the big box discount retailer reported fiscal Q1 results that missed on eps and on sales, just a week after reporting worse than expected same store …
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