Event: COST reports its fiscal Q1 earnings on Wednesday, Dec 11th before the open. The options market is implying about a 2.25% one day move, which is above both the 4 qtr avg of about …
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Earlier this morning (below) I laid out some thoughts on the recent relative performance of TGT and WMT, given what appear to be similarly crappy results and guidance of late. We’ve been wanting to leg …
Continue readingMorningWord 12/3/13: There is going to be a lot of ink spilled in the next few weeks in the financial press as to just how healthy the U.S. consumer is at this stage of our …
Continue readingEvent: WMT will report their Q3 earnings on Thursday before the open. The options market is implying about a 2.75% move vs the 4 qtr avg move of about 2.35%. Sentiment: Wall Street analysts are …
Continue readingMorningWord 8/19/13: This weekend the cover story of Barron’s Beware Falling Profit Estimates is definitely worth a read, no matter where you stand on the Sports Illustrated/ Barron’s cover curse. For the moment, investors are looking at …
Continue readingMorningWord 8/16/13: It seemed just a month or 2 ago when the Fed floated the taper trial ballon that maybe just maybe the uptick in economic data and the hope for a pick up in …
Continue readingTarget had its largest single volume day since Jan 2012 after a weak earnings report this week. The stock closed 4% lower on Wednesday after earnings, just after making a new all-time high on Tuesday. …
Continue readingWal-Mart has been on a tear for the past 18 months, rallying from $50 to $80 in that period. In relative terms, in a raging bull trend, that might not be a huge move, but …
Continue readingI did a detailed run through of the largest health care names in my macro wrap earlier this week. My main conclusion was that health care is not overvalued as a sector, but the staid, …
Continue readingEvent: COST reports fiscal Q2 earnings tomorrow morning prior to the opening and will host their conference call at 11am. The options market is implying about a 2.8% move vs the 4 qtr avg of …
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