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$AMZN Deals of the Day
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$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 – $XLK
Last night on CNBC’s Fast Money, my main technical man, Carter Braxton Worth, of Cornerstone Macro Research (and co-panelist on Options Action) laid out a fairly compelling case for a short entry in the XLK, …
Continue reading$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$FB Q1 Earnings Preview
Event: Facebook (FB) reports Q1 results tonight after the close. The options market is implying about an 8% one day move tomorrow (above last quarter’s 7% implied move), which is rich to the 4 qtr average …
Continue reading$XLK Tech Wreck?
On Friday afternoon I previewed a bearish trade in shares of the Technology Select etf, the XLK (below), and discussed on Friday’s Options Action on CNBC: I think I was pretty clear that I wanted to …
Continue reading$TWTR Q1 Earnings Preview
Event: Twitter will report their Q1 results tonight after the close. The options market is implying about an 12% one day post earnings move, which is a tad rich to the 4 qtr one day average move …
Continue readingHigh Technical Assistance – $XLK
Earlier today I offered some thoughts on Q1 earnings season (read here), but the quick take-away as we finish the second full week of results is that stocks that had low expectations and had not …
Continue readingMorningWord 4/22/16: Q1 Report Card
Q1 earnings season is off to a sort of meh start. Last week, bank stocks rallied off of very low expectations, poor relative performance and results that were good enough to cause a bit of …
Continue readingDon’t $GOOGL Yourself – Earns Preview, Hedge and Stock Alt
Event: Alphabet (GOOGL) reports Q1 results tonight after the close. The options market is implying about a 5.5% one day move, or about $42 in either direction, which is cheap to the 4 qtr average …
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