Markets ended the most successful first quarter since 1998, and if you recall that was a pretty good year (and led to even more upside for the next year plus). We’re certainly in a different time and space here but as we know patterns repeat, and maybe we can identify one and ride out the [...]
Lots of convergences about to play out this coming week with a plethora of earnings, a Fed meeting and important economic data including a first look at 4th quarter GDP. Markets could be considered overbought or neutral by different metrics. Sentiment has become rather ‘bulled up’ (more on that below) but that is not necessarily [...]
That rumbling you hear is not the pitter-patter of little feet, instead it is the coming earnings season, where companies step into the confessional and talk about the recently finished quarter. I expect some good and bad, but this week we warm up with some high profile names. On my radar: IBM, FCX, UNP, EBAY, [...]
To be sure, there are always earnings – but four times a year the confessional is filled with mass quantities that last for a good five weeks. It’s one of my favorite times of year. Why? As an option player there is no better time – big moves, sometimes gargantuan moves. I expect some great [...]
The market will lose a major catalyst when earnings season winds down. Now, there are always earnings plays to look for regardless of the calendar, however it’s just slim pickings until mid January. This week has some interesting plays – one of my favorites being CRM. We have done well with this name in the [...]
After smashing it outta the park on GMCR with a big strangle play this week (coupled with flameouts STEC, ROVI) we’ll look toward some new ideas for tonight. I’m favoring a call play on NVDA and strangle on MCP, but looking for a longer term call play here. However, we’re talking earnings here so let’s [...]
As we just finished up the second biggest week of earnings for Q3 the coming weeks will see fewer names reporting, but that doesn’t make them unimportant. Some big names will hit the confessional this week including CSCO and NVDA. The biggest story may be GMCR, which has been the poster child of controversy and [...]
Quite a few goood earnings opportunities out there tonight. This week has been a bit of a rollercoaster but with MA posting a robust gain we are hungry for more. Several names look prime for a play, including PRU and RIG. MUR is also on the radar, too.
Monday starts the third big week of earnings and it’ll be hot n’ heavy all week. While there are other things like the jobs report, a Fed meeting and more macro issues to resolve the earnings season is the best indicator for the health of the economy. There are many names out Monday but only [...]
Why Markets Will Thrive During Earnings Season
Can you feel the rumbling? It’s that time again, when a tight feeling in your gut comes back to put you in stitches, anticipating company results of the previous quarter. Yeah, it also gives me knots; and when you play the options game and rising volatility – well, it become a binary situation. The past [...]
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