Shares of Walmart are having their worst day today since its February 18th 3% decline following Q4 results that capped their first annual sales decline since 1980, and guided down for the current fiscal year 2017 vs …
Continue readingHedge and Stock Alt review: $AAPL
With earnings season comes idiosyncratic single stock risk. We all know that and in many ways its one of the very things that attracts us to trading individual stocks vs etfs. But what can be …
Continue readingMorningWord 4/29/16: $LNKD Is Awaiting Your Repsonse
Shares of LinkedIn (LNKD) are up about $7, or about 5.5% this morning following better than expected Q1 results, and a bump to guidance, from Bloomberg: From press release: 1Q adj. EPS 74c, saw ~55c in …
Continue reading$AMZN Deals of the Day
Earlier, Dan previewed Amazon’s Q1 earnings due after the bell. As always with Amazon most metrics you would judge a 20 year old company with go out the window. Also different about a company that’s …
Continue reading$AMZN Q1 Earnings Preview
Event: Amazon.com (AMZN) reports their Q1 results tonight after the close. The options market is implying about 8% one day move tomorrow, which is shy of its 10 year average one day post earnings move of 9.2%, …
Continue readingMorningWord 4/28/16: Social Distortion – $XLK
Last night on CNBC’s Fast Money, my main technical man, Carter Braxton Worth, of Cornerstone Macro Research (and co-panelist on Options Action) laid out a fairly compelling case for a short entry in the XLK, …
Continue reading$AAPL – Or do you want to come with me and change the world?
“Do you want to sell sugared water for the rest of your life? Or do you want to come with me and change the world? Steve Jobs to John Sculley (1983) Tuesday on CNBC’s Fast …
Continue reading$FB – Poke Back?
Dan had a great preview of Facebook’s Q1 earnings due after the bell. Our view is that over the long term some of the same pain that they are causing their online competitors will eventually …
Continue reading$FB Q1 Earnings Preview
Event: Facebook (FB) reports Q1 results tonight after the close. The options market is implying about an 8% one day move tomorrow (above last quarter’s 7% implied move), which is rich to the 4 qtr average …
Continue readingMorningWord 4/27/16: $AAPL – What Would Dan Benton Do?
In case you missed it, Apple (AAPL) reported their fiscal Q2 results last night. They were generally in-line, representing the first year over year quarterly revenue decline since 2003. But what’s really spooking investors (the …
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