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...]

Name That Trade – $HOT or Not?


I laid out the long-term threat posed by Airbnb to the large hotel chains in a MorningWord post last week, with the following conclusion: The hotel industry is still in the early days of dealing with … [Read more...]