On July 26th, the day after Starbucks (SBUX) had reported better than expected fiscal Q3 results, highlighted by global same-store sales of 6% (above 4% expectation), the stock made a new all-time high, closing up …
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Cisco Systems (CSCO) might be the most important stock in the market that NO ONE is paying any attention to. The stock is trading at levels it has not seen since January, now basically flat …
Continue readingRH, the furniture retailer formally known as Restoration Hardware will report their fiscal Q3 results today after the close. The options market is implying about a 12% move in either direction tomorrow, or about $25, …
Continue readingSalesforce.com (CRM) is scheduled to report its fiscal Q3 results today after the close. The options market is implying about a 4.75% move in either direction or about $7.50, which is basically inline with the …
Continue readingTomorrow morning at Credit Suisse’s 23rd Annual Technology Conference in Scottsdale Arizona Bob Swan the CEO of Intel (INTC) will give the opening keynote at 9:15 am, immediately followed by their large customer, Applied Material’s …
Continue readingIn case you missed it, the U.S. stock market has made a new all-time every day for what feels like a month, I think the technical term traders use to describe this price action is: …
Continue readingOn November 19th shares of The Home Depot (HD) closed down 5.4% after issuing worse than expected Q3 sales and guidance for the current period, per WSJ: The home-improvement retailer trimmed its sales forecast for …
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