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 …
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Microsoft (MSFT) – Small Window?
Three weeks ago we made the case that before this market rally is all said and done, there is a very strong likelihood that shares of Microsoft (MSFT) will make a new all time high: …
Continue readingMorningWord 10/17/16: Crank Up the Crazy and Rip Off the Knob
It’s been my view for some time that on top of the large list of risks to an already fragile U.S. economy (if we entered a prolonged recession, it would result in a sustained period of …
Continue readingCitigroup (C) Q3 Earnings Preview / XLF Hedge Update
Event: Citigroup (C) is scheduled to report its Q3 results Friday before the open. The options market is implying about a 3% one day move in either direction, which is a tad higher than the …
Continue readingThe War on Drugs – Gilead (GILD)
We’re not getting to hear much policy discussion in this strange presidential election cycle but one topic that sometimes gets through is healthcare. A hot button issue over the past year on the Democratic presidential …
Continue readingMorningWord 9/27/16: Save it for Your iVillage Blog, Lemon
With the rise of the internet in the 1990s we stumbled onto something new and democratic. No longer were public thoughts and opinions simply the purview of ivory tower intellectuals (or good looking talking heads), …
Continue readingPandora’s (P) Still Got Hope?
Regular readers know that I don’t place too strong an emphasis on sell side analyst research ratings changes. I generally don’t unless that analyst making the move has a proven track record on the industry, …
Continue readingMorningWord 9/9/16: Apple Jacks
I don’t hate Apple, I just play a guy on TV who does. Regular readers know that I am a huge fan of Apple products and have been for years. I agree with Apple fanboys that the best smartphone, …
Continue readingMorningWord 9/2/16: Goldilocks is still Sleeping
In case you missed it before your holiday weekend sign-off, the August non-farm payrolls came in below expectations at 151,000 jobs added (vs 180,000 consensus), well below the 2016 average of 182,000 and well below the …
Continue readingMorningWord 8/24/16: Apple (AAPL) – Went to Spam
By now you have probably read a handful of articles recapping what happened in financial markets a year ago today. While we are on anniversaries, today also marks the 5 year anniversary of Tim Cook as …
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