With the SPX making new all time highs and near euphoria that the Fed not pullback on asset purchases I think this will ultimately be perceived as negative, as the Fed does not feel the …
Continue readingYR
On Monday I laid out a short thesis why IBM, a large cap U.S. multinational that has lagged the broad market and its peers, possibly due to its heavy revenue exposure overseas could benefit from …
Continue reading
CAKE reports Q4 earnings tonight after the close, the implied move is about 4% which is shy to its 4 qtr avg of 4.75%
Continue reading
JPM has had one heck of a ride over the last 60 days….the stock was massively out-performing most of its peers, making new 52 week highs in late March, only to have a huge fall from grace …
Continue reading
Chart below of F dating back to the beginning of 2009 has the making of a massive Head and Shoulders Top formation with $10 being the neckline, or massive support. I have no fundamental view on the …
Continue reading