April 9, 2019 by Dan • Trade Ideas

346 people died in two plane crashes involving Boeing’s 737 Max plane since October. It was not until last month’s crash of an Ethiopian Air flight that investigators could draw a straight line to Boeing …

Continue reading
April 8, 2019 by Dan • Trade Ideas

This morning Goldman Sach’s software team upgraded shares of anti-virus maker Symantec (SYMC) to a Buy rating from a Neutral and raising their 12-month price target from $23 to $28, per TheFly.com: The company’s fiscal …

Continue reading
April 5, 2019 by Dan • Trade Ideas

Last week Wells Fargo (WFC) CEO Tim Sloan abruptly resigned after spending 31 years at the company, and nearly three years in the top job. The stock initially rallied on the news but has since …

Continue reading
April 4, 2019 by Dan • Trade Ideas

ICYMI, Lyft Inc. (LYFT) offered 32.5 million shares at $72 a piece to the public on the Nasdaq on Thurs March 28th. The stock opened Friday morning just above $87 and has since dropped, now …

Continue reading
April 3, 2019 by Dan • Trade Ideas

Last night on CNBC’s Fast Money program we discussed Delta Airlines (DAL) business update which sent the stock soaring to the tune of 6.5% yesterday with some impressive follow through today, capping a five day …

Continue reading
April 2, 2019 by Dan • Trade Ideas

On the opening, this morning shares of Shopify (SHOP) the Canadian provider of cloud-based e-commerce solutions dropped 3.5% in a straight line on a story by The Information that Microsoft Considers Creating a Shopify Competitor: …

Continue reading
April 1, 2019 by Dan • Trade Ideas

Global equity markets today are cheering a pickup in Chinese manufacturing data in March, per Bloomberg: The manufacturing purchasing managers index rose to 50.5 from 49.2 last month, the biggest increase since 2012 and exceeding …

Continue reading
March 29, 2019 by Dan • Trade Ideas

Data regarding the health of the U.S. consumer have been mixed so far this year as the hangover from the government shutdown in December and January lingered, possibly offset a bit from the sharp rebound …

Continue reading
March 27, 2019 by Dan • Trade Ideas

Lululemon (LULU) reports their fiscal Q4 results tonight after the close, the options market is implying about a 10% one day move tomorrow that is shy to its average one-day post-earnings move over the last …

Continue reading