MorningWord 4/2/13: Yesterday I read an interesting post on Barron's Tech Trader Daily Blog detailing a research note from a MS hardware analyst Huberty titled, "HPQ: New Exec Incentives Could Boost … [Read more...]
MorningWord 4/2/13: $HPQ’s Management Haven’t Been Properly Incentivized…Till Now
9:18 am EDT - April 2, 2013 By Dan
MorningWord 4/1/13: Taking A Look Under The Hood – $SPX, $MS, $GOOG
9:16 am EDT - April 1, 2013 By Dan
MorningWord 4/1/13: Q1 2013 was some quarter for investors in U.S. equities on an outright basis, and relative to almost every other equity market the world over (ex Japan up nearly 17% ytd!). … [Read more...]
$GRMN Q4 Earnings Preview
1:18 pm EDT - February 19, 2013 By Dan
Event: GRMN reports Q4 earnings tomorrow morning prior to the open. The options market is implying about a 6% move on earnings which is rich to the 4 qtr avg move of ~4.5%. Sentiment: Wall … [Read more...]
Macro Wrap – Cash on the Balance Sheet
7:57 am EDT - January 31, 2013 By Enis
"Record levels of cash on corporate balance sheets." "The cash is just waiting for confidence to pick, and you'll see it flood into the economy." "Why are corporations sitting on all this … [Read more...]
$SBUX Q4 Earnings Preview
11:22 am EDT - January 24, 2013 By Enis
Event: SBUX reports Q4 earnings tonight after the close. The options market is implying about a 4.5% move, vs the trailing 4 qtr avg move of ~6.25% and the 8 qtr avg of ~4%. Sentiment / Price … [Read more...]
$IBM Q4 Earnings Preview
11:47 am EDT - January 22, 2013 By Dan
Event: IBM reports their Q4 earnings this evening after the close. The options market is implying about a 3.3% move vs the 4 qtr avg move of about 4.15%. BLOOMBERG DATA PREVIEW: By Beth … [Read more...]
New Trade $AMZN – The Best Not-For-Profit Company in the World
2:16 pm EDT - December 21, 2012 By Dan
Here is a preview of what I will be discussing tonight on Options Action on CNBC at 5pm. My esteemed colleague and your resident Bear, Enis Taner, collaborated with me on the idea. Amazon.com is … [Read more...]
Macro Wrap – Sandy and Q4 Earnings
8:00 am EDT - December 19, 2012 By Enis
Fedex reported an earnings miss today that it blamed entirely on the impact from Hurricane Sandy. It reported 1.39 in EPS vs. 1.41 expected, citing an 11 cent cost from Sandy that caused the miss. … [Read more...]
New Trade – $ADBE: Chose the Acrobatic Structure
2:59 pm EDT - December 13, 2012 By Enis
Update with New Trade Dec 13th,2012 at 2:58pm: Dan laid out his thoughts in ADBE this morning heading into tonight's earnings, He concluded: My sense would be that the macro headwinds in the … [Read more...]
Q4 Preview $ADBE
10:32 am EDT - December 13, 2012 By Dan
Event: ADBE reports fiscal Q4 earnings tonight after the close, the options market is implying about a 5.5% move post earnings which is rich to the 3 qtr avg move of about 4.5%. … [Read more...]
Chart of the Day – Earnings Pre-Announcements
11:31 am EDT - October 8, 2012 By Enis
Thomson Reuters research had the following to say about Pre-Announcements so far this quarter: For Q3 2012, there have 91 negative EPS pre announcements issued by S&P 500 corporations … [Read more...]
Trade Update LNKD – Taking Off For a Small Loss, Hate the Binary Event
2:43 pm EDT - August 2, 2012 By Enis
Trade Update August 2nd, 2012 at 2:40 pm: LNKD stock is finally starting to catch up to its social media brethren on the downside. The stock is down almost 15% in the last 2 days, heading into its … [Read more...]
Trade Update AAPL: Managing Aug 1×2 Put Spread for a Small Gain
11:14 am EDT - July 30, 2012 By Dan
Trade Update July 29th, 2012 at 11:07am: Now that AAPL has all but filled in the earnings gap from last week, and regained it's "most favored stock status" I am going to close one of the Aug 520 … [Read more...]
New Trade AAPL: iRatio Aug Puts
1:45 pm EDT - July 24, 2012 By Dan
New Trade July 24th, 2012 at 1:45pm: Ok so here is the deal, as mentioned below in our preview from this morning, options pricing does not seem that out of whack heading into tonight's print, … [Read more...]
AAPL: Fiscal Q3 Earnings Preview, Trades Coming
10:31 am EDT - July 24, 2012 By Dan
Event: AAPL will report their fiscal Q3 earnings after the bell tonight. The options market is implying about a 5.5% one day move following the event which is a tad shy of the average move over … [Read more...]
MorningWord 4/3/13: Breakdown? Breakthrough! – $SPX
MorningWord 4/3/13: At this stage of the bull market, as the Dow and the SPX make new all time highs on a daily basis, it is gonna take a bit more than dart throwing on the long side of the trade to … [Read more...]