Tesla ($TSLA) Q2 Earnings Preview

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Event:  TSLA reports its Q2 earnings on Thursday after the close.  The options market is implying a 8% move for the event, lower than both the 4 quarter average of around 12% and the 8 quarter average of … [Read On]

MorningWord 7/30/14: iPad Bro? $AAPL

MorningWord

Apple's last new product introduction was in April 2010, more than 4 years ago... with the press release in January of that year calling it a "Magical & Revolutionary Device at an Unbelievable Price". … [Read On]

Name That Trade: $UPS’s Left Turn

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UPS reported earnings this morning missed consensus estimates and guided down for the balance of the year, from the WSJ:  the company said it now expects per-share earnings in a range of $4.90 to $5, down … [Read On]

Name That Trade – $GLW: Gorrilla Smacked

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Corning is down nearly 10% on its earnings results, its largest move on earnings since October 2012.  GLW missed the consensus EPS estimate by a penny ($0.37 vs. $0.38 expected), but the real … [Read On]

MorningWord 7/29/14: King of the Beats – $AAPL

MorningWord

OK people, get ready, cause what I am about to write is likely to send you Apple holders into deep contemplation about finally taking profits in your stock, but not for the reasons you think.  I am not … [Read On]

Too Many Options: $LNG, $AAPL, $FB, $TLM, $FDO

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Intraday volatility has been more elevated in the past week, though options volumes have remained subdued.  Traders are waiting for the heavy economic calendar in the second half of the week. 1.  LNG … [Read On]

Chart of the Day – Verizon ($VZ): Bond Proxy

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I know it seems like a distant memory, but there was a time in the last year that most market participants were fairly well convinced that rates were going up. As many remember, 2013 ended with the yield … [Read On]