Alright, maybe it’s starting to sound like the boy who cried wolf, or merely my fairly convicted view that the concentration in the Nasdaq among a handful of stocks will eventually be the stock market’s …
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Q Tip of the Iceberg – QQQ
Since reporting calendar Q3 results in the last week or so, Apple (AAPL), Alphabet (GOOGL), Amazon.com (AMZN) and Facebook (FB), the stocks have lost between 5 and 10%. That is equal to nearly $200 billion in …
Continue readingMorningWord 10/31/16: High and Dry
You know the drill… BOJ, Fed, Oct Jobs this week. Election next. I suspect BOJ surprises to the downside on less than expected commitment to monetary stimulus, but will be muted. I expect the Fed …
Continue readingBig Printin’ – AAPL calls, BAC & T puts
Here is some apparently untied directional options trades that caught my eye in today’s trading: AAPL: shares of AAPL are down 2.5% as I write (read my analysis of the quarter and guidance here from …
Continue readingApple Turnover
Yesterday we previewed Apple’s (AAPL) fiscal 4Q earnings and offered some trade ideas for those with existing positioning or a directional inclination into the print. We now want to recap those ideas and discuss how they fared and how …
Continue readingMorningWord 10/26/16: Apple’s Blurred Vision
Apple (AAPL) reported their fiscal Q4 results last night. In a quarter whose last two weeks benefited from pre-orders and initial sales of their highly anticipated iPhone 7 & 7+, the company’s press release instead highlighted …
Continue readingAAPL Juice
Earlier we previewed Apple’s (AAPL) fiscal 4Q earnings, due after the bell. Now we’want to detail a few options strategies for existing holders, and one for those looking for defined risk long exposure. First we want to detail a …
Continue readingApple Fiscal Q4 Earnings Preview
Event: Apple (AAPL) reports their fiscal Q4 results tonight after the close. The options market is implying about a 4% move in either direction, which is shy to the average of 5.85% over the last …
Continue readingMorningWord 10/25/16: Breadth Mints – QQQ
Last night on CNBC’s Fast Money we discussed the Nasdaq 100 (NDX) closing at a new all time highs. The new highs were powered by tech behemoths of all ages. Microsoft (MSFT), Alphabet (GOOGL) and Facebook …
Continue readingMorningWord 10/12/16: Alexa… Destroy Spotify
Amazon.com wants to eff up the streaming music business the way it has almost every other business it has entered. Their “business” model when they enter a new market is not too focused on such …
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