How to trade Adobe’s upcoming earnings using options

There’s a software stock bucking the tech sell-off that reports earnings this week. I’ll break down various option trade scenarios into the earnings, focusing on one that will benefit from a big move in any direction. Adobe (ADBE) , which reports Thursday, is a global leader in digital media, marketing, and document management solutions. Its […]

Why Broadcom is tumbling after an earnings beat — and how to play dip

Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management’s guidance for the current quarter disappointed investors, sending shares of the chipmaker down nearly 7% in the after market. This is too harsh of a reaction to an otherwise solid print. Revenue increased 47% year over […]

Chip sector comeback is running out of steam. How to bet on a downturn

September has arrived, a month historically associated with significant market corrections. In four of the past five years, the S & P 500 has experienced pullbacks ranging from 4% to 5% during this time. With major earnings reports behind us and no significant catalysts like Nvidia earnings to drive the market, I’m considering taking a […]

How to make a longshot bet on this beat-up tech stock about to report

Within each sector there will be winners and losers…even technology this year. I’ll review a speculative options trade on one of those losers. Semiconductor companies such as Marvell, Broadcom, and Nvidia have been on a tear this year. However, some software and IT services companies could have done better. MongoDB Inc (MDB) is a perfect […]

How to position for Harris & Trump presidencies

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andy Laperriere, Piper Sandler head of U.S. policy research, joins CNBC’s ‘Money Movers’ to discuss how to position ahead of the election, why investors should watch green stocks in a potential Harris presidency, and more. Source link

This under-the-radar tech stock is on an amazing tear. How to trade it from here

We’ll review the earnings set-up on an under-the-radar technology company that’s been a top performer. Synopsys (SNPS) is a leading American electronic design automation (EDA) company. Founded in 1986 and headquartered in Mountain View, California, Synopsys provides software, intellectual property (IP), and services for designing and verifying integrated circuits (ICs), also known as chips, and […]