Netflix (NFLX) will report their Q4 results tonight after the close. The implied one day move is about $29, or about 8%. That can be determined by taking the at the money straddle in the …
Continue readingTrade Updates
In early December Dan checked in on Electronic Arts (EA) and detailed a bullish trade that targeted its February earnings while financing that call purchase with the sale of a nearer dated call of the …
Continue reading
Dan previewed Oracle (ORCL) earnings into their December 17th report and detailed a mildly bearish trade idea. Similar to other tech stocks that reported in November and December it just seemed like with the mood …
Continue reading
Just 10 days ago, but what seems like an eternity in our current news cycle, Dan checked in on the SPY and detailed a hedge for those looking to protect gains into the inevitable market …
Continue reading
Dan previewed NKE’s Q2 earnings report yesterday and detailed a hedge for those long the stock. With the stock higher on the report and about a month until the hedge expires I wanted to check …
Continue reading
Dan looked at Costco (COST) stock into its earnings last week and noticed a descending wedge on the chart. That, combined with broad market conditions where rallies are quickly sold meant that a big beat …
Continue reading
In November Dan checked in on 3M (MMM) after it had rallied 13% from post earnings lows in late October. Dan’s view was that the rally likely had to do with the collapse in oil …
Continue reading
On Friday afternoon I took a look at the set up in bank stocks into year-end (read: Bank Stocks… The Good, The Bad and The Ugly) focusing on the underperformance in the group to the broad market, …
Continue reading
In October, when XOP (S&P Oil and Gas ETF) was 39.20 Dan looked at the technical setup, having just broken support at 40 as well as fundamental issues like rates, oil prices and dollar and …
Continue reading
At the end of October Dan check in on chip equipment maker KLA Tencor (KLAC) which had been beaten up on bad guidance and in a sector that’s been in the bears’ sights for the …
Continue reading