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 – Poke Back?
MSFT
$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 readingMorningWord 4/26/16: Lost Decades – $GS, $MSFT…$AAPL?
Yesterday on CNBC’s Fast Money, infamous bank analyst Dick Bove was critical of Goldman Sachs’ (GS) CEO Lloyd Blankfein. In particular, he criticized Goldman’s inability to react to new regulations since the financial crisis. That …
Continue readingHigh Technical Assistance – $XLK
Earlier today I offered some thoughts on Q1 earnings season (read here), but the quick take-away as we finish the second full week of results is that stocks that had low expectations and had not …
Continue readingMorningWord 4/22/16: Q1 Report Card
Q1 earnings season is off to a sort of meh start. Last week, bank stocks rallied off of very low expectations, poor relative performance and results that were good enough to cause a bit of …
Continue reading$MSFT – Partying Like it’s 1999
Event: Microsoft (MSFT) reports fiscal Q3 results tonight after the close. The options market is implying about a 4.3% one day move, which is well below the 4 qtr average one day move of about 7.5%, and inline …
Continue readingBig Printin’ – $MSFT Party Like it’s Y2K
On Friday’s Options Action, my co-panelist Carter Worth of Cornerstone Macro Research made the bullish case for a breakout of shares of Microsoft (MSFT) in the near future: Interestingly, Carter beat me to it, as I had …
Continue reading$ORCL Fiscal Q3 Earnings Preview
Event: Oracle (ORCL) reports fiscal Q3 results tomorrow after the close. The options market is implying about a 4.5% one day move, which is slightly high of its 4 quarter average of about 4.25%, but in …
Continue readingMSFT Surface Friction
Event: Microsoft (MSFT) reports fiscal Q2 results tonight after the close. The options market is implying about a 5.75% one day move, which is essentially in line with its 4 qtr average one day move of …
Continue readingFB: Fly on Your Wall
It was a pretty volatile week for most risk assets the world over. At one point here in the U.S. and Europe on Wednesday it felt as though we were nearing a crash. Things have …
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