Name That Trade – $CMG: Mexican Standoff


Following Chipotle's (CMG) Q3 results on October 20th, the stock did the unthinkable, it sold off.  The stock's one day decline the next day was the result of management's forward guidance that same … [Read more...]

Name That Trade – $QCOM: Chips and Dip


Yesterday we laid out our thoughts heading into a QCOM's fiscal Q4 earnings print and detailed a bearish trade that targeted a 10% move lower to $70, based on our thought that: With the stock pushing … [Read more...]

MorningWord 10/27/14: Recalculating $GRMN


Correct vs. incorrect timing is often the key differentiators of a good trade.  I'm not just referring to whether your entry or exit was timed well.  I also mean the timing of a fundamental thesis, … [Read more...]

$NFLX Q3 Earnings Cheat Sheet


Event:  NFLX reports its Q3 earnings today after the close.  The options market is implying about a 7.25% one day move, which is below both the 4 qtr avg of about 9.5% and the 8 qtr avg of about … [Read more...]

Name That Trade – $BA Humbug


Boeing has been a major laggard in 2014, after a monster performance in 2013 on a breakout to a new all-time high.  We have been negative on Boeing for the past year as a result of the stock's … [Read more...]