New Trade – $QCOM: Shanghai Surprise

Qualcomm Powered Tablet Computer

QCOM is down today more than double the implied move following earnings that missed expectations and offered squishy guidance. The main driver for the selling seems to be issues with royalty … [Read more...]

New Trade – $IBB: BioShock 2?

771480-picture_1

Back in March the biotechnology sector was hard hit hard alongside social media, solar and 3d printing. Since then, most of these sectors have recovered most of their losses from that sell-off. Which … [Read more...]

Name That Trade – $GS: Vampire Lid?

NameThatTrade

Goldman Sachs reported a better than expected result this morning, and the stock is trading 1.5% higher early in the session.  While the trading businesses (both fixed income and equities) were weak, … [Read more...]