Broadcom has jumped 13% this week after announcing on Monday morning that it planned to exit its cellular baseband business. This Bloomberg article from Monday had the details: Broadcom Corp. (BRCM), struggling to make a …
Continue readingYHOO
Our prior thesis that the weakness in many high valuation tech stocks will ultimately find its way into larger cap issues that have benefited from a rotation, has been severely challenged by the continued relative …
Continue reading
A couple weeks ago we made the case why the relative weakness in the Nasdaq could continue given the failure of many of its prior leaders. We mapped out he similarities between 1999/2000 and how …
Continue reading
Q1 earnings season has been a bit of a mixed bad so far. I can’t say that the single stock volatility has been greater than some recent earnings seasons over the last year, but anecdotally …
Continue reading
There have been lots of calls of late how the current set up in U.S. equities reminds those with a sense of history of other periods that came before some precipitous market corrections. While history …
Continue reading
Options volumes in the single stock arena were light, with most of the trading focused on weekly macro ETFs. Here were a few of the exceptions: 1. SUNE – Trader rolled 40k of the Apr19th 20 …
Continue reading
In case you missed it over the weekend, Alibaba wrote on its corporate blog that it was starting the process to offer its shares in an IPO on an American exchange. Yahoo, which owns 24% …
Continue reading
Below 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 reading
Macro ETFs once again dominated options volumes as traders were more concerned with portfolio protection than individual stock situations. 1. SPY – The weekly 180 calls were actually the most active line, mostly trading ahead of …
Continue readingEvent: FB reports its Q4 earnings today after the close. The options market is implying about a 10.5% one day move, which is slightly above the 4 quarter average of 9.5%, but below the 6 …
Continue reading