Last Monday I recommended purchasing the November $25 put option on Symantec Corp. (SYMC) as a speculation on the market’s reaction to its quarterly earnings report due to be released later in the week. At that time SYMC was trading slightly above $25 with a mildy positive trend. Read More
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Sell the SYMC November 11 $25 put option (161111P00025000) for $1.05 or more to close out this position. Read More
In a world where there are no coincidences, there is something prophetic about a late-breaking news story on an otherwise sleepy Friday afternoon – with the following trading day being Halloween – that shakes both the stock market and the presidential election. And yet, as unlikely as any of these… Read More
Despite improving sales, ReWalk is hurting existing investors by raising cash at a discount. Read More
With the stock market becoming increasingly intolerant of companies that miss earnings or revenue expectations by even a little bit, this may be a particularly good time to look at our Smart Tech 50 portfolio table to identify attractive short sell candidates. To do that, I filtered that table by… Read More
I am increasingly concerned about the markets as the election nears. As a result, I am recommending a straddle option strategy which will protect our portfolio if there is a major move, either up or down in this market. I will have more on Monday’s BTP weekly. Read More
McKesson (NYSE: MCK) one the largest medical supply wholesalers in the world delivered extremely disappointing earnings after the close on 10/27/16 and the stock delivered a rapid and significant decline falling as low as $140 after closing at $160.50. Earnings per share came in at $1.34 per share vs. estimates of… Read More
Medidata Solutions (NSDQ: MDSO), a leading provider of cloud-based research trial and recordkeeping software for pharmaceutical and biotech companies, sold off this morning after it delivered better than expected revenues and earnings. The stock initially rallied but eventually succumbed to aggressive selling. This is not an encouraging activity pattern so… Read More
Earnings season is underway for our portfolio holdings this week, with two already reporting and kicking into high gear on Wednesday. Read More