With the the S&P 500 breaking out to new all time highs after its recent consolidation on the heels of the second consecutive better than expected non-farm payrolls number this am, it makes sense to …
Continue readingIBM – Long Stock Alternative
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MorningWord 7/19/16: Earnings Season’s Greetings
For weeks now, financial journalists, blog writers, and tv pundits have been pointing towards Q2 earnings season as the true guidepost to what’s in store for U.S. financial markets in the back half of the …
Continue readingBig Printin’ IBM – You’re My Boy Big Blue!
The new highs in the S&P 500 (SPX) has breathed new life in some long beleaguered large components like IBM. The stock is now up about 16.5% on the year, and up a whopping 37% from …
Continue readingDeep Blue Doo – $IBM
We spend a lot of time on RiskReversal discussing implied event moves. We do this not try to predict the unpredictable, but mostly use it as an input to help gauge the sentiment of investors …
Continue reading$HPE – Long Alternative
Yesterday I previewed Hewlett Packard Enterprise’s (HPE) fiscal Q2 results due after the close (read here), and concluded: [private] My View into the Print: HPE is a cheap stock trading about 8.5x expected 2016 eps …
Continue reading$HPE Fiscal Q2 Preview
Event: Hewlett Packard Enterprises (HPE) reports their third quarter as a standalone company tomorrow after the close. The options market is implying about a 7% one day move following results. Back in early March the …
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 readingBig Printin’ – $MSFT Party Like it’s Y2K
On Friday’s Options Action, my co-panelist Carter Worth of Cornerstone Macro Research made the bullish case for a breakout of shares of Microsoft (MSFT) in the near future: Interestingly, Carter beat me to it, as I had …
Continue readingBlues Clues: $IBM
Reminder: We’ll be hosting a webinar on Tonight at 8pm that concentrates on investing and trading during earnings season. If you haven’t already, register here. Dan will be discussing IBM’s earnings, due after the bell, …
Continue reading$IBM Q1 Earnings Preview
Event: IBM reports Q1 results tonight after the close. The options market is implying about a 4.5% one day move tomorrow, which is about inline with the 4 qtr one day avg move. With the …
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