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By Sean Brodrick On August 21, 202010:32 AM Eastern
Yesterday, the Dec. 18, 2020 Exxon-Mobil (XOM) call options with a strike price of $47.50 (XOM201218C00047500) slid down to our stop at $1.05.
If you own these calls, you should have been...
By Kelly Green On August 20, 202003:26 PM Eastern
Just as we pointed out last week with retailers, restaurants have a similar “adapt or die” feeling among them.
Americans love going to restaurants. It’s about the experience and the ambiance.
...
By Jon D. Markman On August 20, 202002:15 PM Eastern
Stocks are seesawing Thursday, with a rise in weekly jobless claims and slowing in regional manufacturing activity highlighting the Federal Reserve’s note of caution yesterday about continued...
By Jon D. Markman On August 20, 202011:06 AM Eastern
Investors now value Apple Inc. (Nasdaq: AAPL) at $2 trillion, but they may be overlooking a big problem: Political posturing at home could destroy its iPhone business in China.
Bloomberg...
By Jon D. Markman On August 20, 202006:28 AM Eastern
* * *
Note: Like last week, I might take Friday off. Don’t be alarmed if there is no letter that morning.
* * *
* Wednesday recap
* Space stocks presentation
* Alphabet should beat the...
By Mike Larson On August 19, 202003:08 PM Eastern
In just a couple of days, a batch of investments I recently targeted will probably be worth nothing. And I couldn’t be happier.
Wait ... WHAT? Have I lost my mind?
Not at all. And I’m not...
By Jon D. Markman On August 19, 202003:05 PM Eastern
Stocks are chopping around the unchanged line Wednesday as Apple (AAPL) shares hit a lofty market milestone and the S&P 500 briefly extended its reach into record territory before Wall Street...
By David Dittman On August 18, 202004:17 PM Eastern
The thing about Twitter is that it holds a lot of good stuff.
On the other hand, the social media platform holds a lot of bad stuff, too.
Well, this is good Twitter, because it’s a solid...
By Jon D. Markman On August 18, 202002:56 PM Eastern
Stocks mostly edged higher Tuesday, with consumer shares helping to push the S&P 500 slightly above its all-time high while investors looked for some lawmakers to take another run at creating a...
By Jon D. Markman On August 18, 202011:35 AM Eastern
Apple (Nasdaq: AAPL) and the company behind the popular online video game “Fortnite” are in the middle of an epic public relations battle about platforms and monopoly power.
Monday saw the first...