Adobe (ADBE) – the company that makes graphic design software – reports earnings Thursday afternoon and I think the stock is at risk. That’s because when times get tough companies cut marketing and advertising budgets and ADBE makes the software…
Darden Restaurants (DRI) – owner of the Olive Garden and other popular middle class chains – reports earnings Friday morning. The stock has had a great run the last six months but I think it’s time to sell. As inflation…
NOTE: This blog articulates a complex options strategy known as a Short Strangle. It is recommended only for sophisticated investors who understand the risks involved. Oracle (ORCL) – which reports earnings this afternoon – is a stock I have followed…
Next week is the last with significant data and events of 2022. First comes the November CPI Report on Tuesday December 13 at 8:30am EST. As long as it isn’t above October’s 7.7% I think the market should be fine….
Athletic apparel maker Lululemon (LULU) is a great company but now is not the time for the stock. LULU reported a solid 3Q22 with comps +22% and EPS of $2.00. However the stock is -6% in the premarket as 4Q22…
Docusign (DOCU) reported earnings Thursday afternoon and things are playing out as I suspected they might (“Speculating On DOCU Earnings”, 12/4). Significantly better than expected earnings resulted in a 10.5% spike in the after hours. We may not get to…
Costco (COST) has dropped $60 over the last five sessions in response to weaker than expected November sales. November Adjusted Comps were +5.3% while Ecommerce was -8.9%. Investors seem to be worried that consumers cutting back on discretionary items will…
One of my best investments this year has been Campbell Soup (CPB). I bought it when it sold off after earnings nine months ago for $42.25. It closed Wednesday at $56.18 after another great earnings report – up 33%. At…
NOTE: The options trade recommended in this blog is risky. You could lose all of your money. Only invest a small amount of money if you decided to take the trade. Apparently I’m in a gambling mood as I prepare…
NOTE: The options trade recommended in this blog is risky. You could lose all of your money. Only invest a small amount of money if you decided to take the trade. Docusign (DOCU) – the leading esignature platform – reports…