Event: Alibaba (BABA) reports Q3 results tomorrow before the open. The options market is implying about a 5.5% one day post earnings move, which is rich to the 4 qtr average one day post earnings …
Continue readingAlibaba – BABA Oh Really?
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MorningWord 11/01/16: October Disguises
The nearly 2% decline for the S&P 500 (SPX) in October was its first monthly decline since February (down 41 bps) and worst since January’s 5% decline. I have no idea if the SPX is merely consolidating above …
Continue readingTesla Q3 Earnings Preview & Ideas
Event: Tesla (TSLA) reports Q3 results tonight after the close. The options market is implying about a 6% one day post earnings move, which is essentially in line with their 4 qtr average one day …
Continue readingMorningWord 10/20/16: Delete Your Account on the Way Out
Regular readers of RiskReversal, viewers of CNBC’s Fast Money & Options Action and my followers on Twitter are likely familiar with two of my adamant leanings in 2016, one having to do with the election and …
Continue readingTwitter (TWTR) – Let’s Make a Deal
For the purposes of this post I am not going to debate the merits of a Twitter (TWTR) takeover, or the validity of the frenzy of reporting over the last couple weeks that first caused a …
Continue readingMorningWord 9/21/16: Goofy Cash Cows
Last night, Microsoft (MSFT) announced that they will be replacing their existing $40 billion share repurchase agreement (that should be completed this year) by another $40 billion buyback plan. While that is a dazzling headline, …
Continue readingMorningWord 9/19/16: All Aboard the MegaBus?
Thirty years ago, in March 13th, 1986, a little company named Microsoft (MSFT) went public. Split adjusted the IPO price was below 10 cents!. At the time the Nasdaq Composite (CCMP) was trading very near 300. MSFT …
Continue readingMorningWord 9/13/16: The Silicon Stock Exchange
Last week Kara Swisher of Recode sat down for her weekly Recode Decode podcast with venture capitalist Bill Gurley of Benchmark (early Uber investor and board member). Listen here, I have 2x: There is a …
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 readingBig Printin’ – Alibaba (BABA)
Shares of Alibaba (BABA) are up more than 4% today, trading at a new 52 week high. BABA is up 28% on the year, and up 82 from its 52 week and all time lows …
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