Netflix (NFLX +0.8%) is looking to produce at least 5 original shows per year, content chief Ted Sarandos tells GQ. He adds Netflix is trying to woo Warren Beatty and Jodie Foster for future projects, and that the company's goal "is to become HBO (TWX) faster than HBO can become us" - Reed Hastings has declared HBO Go, rather than Amazon, YouTube, or Hulu, to be Netflix's biggest rival. The comments come ahead of the Friday launch of House of Cards, which has received some favorable early ink. (debt offering) [View news story]
Lawmakers in the U.S. see a quick-patch solution as the best hope of averting the automatic tax increases and spending cuts set to hit on January 1. Over the weekend the blame game was in full cycle while key Senators hit the talk TV circuit. The last word from President Obama is that he would immediately sign a bill into law extending tax cuts for those making $250K or less. [View news story]
eagle1003 this is not a forum to spread your socialist filth. do not speak about America like you know about our way of life. we did not become the greatest nation on earth by encouraging mediocrity and accepting government rule over our lives
Stocks add to big opening gains after the ISM and Consumer Confidence at reports at 10 ET do nothing to frighten buyers. DJIA +1.1%, S&P 500 +0.8%, Nasdaq +1.1%. The 10-year Treasury yield +0.025 to 1.72%. [View news story]
nice bear rally setting up entry point to short some more!
The jury deliberating over Apple's (AAPL) California trial against Samsung (SSNLF.PK) has reached a verdict, but hasn't announced it yet. The news comes as the ITC declares Apple isn't infringing 3 patents cited in a Motorola Mobility (GOOG) complaint, but orders an administrative law judge who reviewed the case in April to review the validity of a Motorola proximity sensor patent previously declared to be invalid. [View news story]
A big rally in silver, +2.6%, catches the eye of the technicians as SLV breaks out above its 200-day moving average. The last breakout (on the way up) was in January, and it presaged another 20% upside over the following 6 weeks. [View news story]
yea definitively not broken above the 200. - perhaps they mean the 50 day moving average
Apple (AAPL) is reiterated as a Conviction Buy by Jefferies' Peter Misek, who also raises his price target to $900 from $800. Checks show the iPad Mini and the iTV have gone into production, and further data indicate expected iPad builds have been substantially bumped for the rest of the year. The $900 PT comes from slapping a 12X multiple (ex-cash) on expected FY13 EPS. [View news story]
It is UnGodly to "slap" a 12X P/E on AAPL while AMZN enjoys a 294 P/E
The VIX below 15 is low? The realized volatility on the S&P 500 over the last 7 daysis 1.87, according to a trader (the VIX measures expected volatility over the coming 30 days). It may not be a record as he has spotted a 7-day period in June 1996 when it measured 1.28. [View news story]
I cant decide whether this is a bullish good sign or an ominous calm before the storm
A bankruptcy judge gives Eastman Kodak (EKDKQ.PK +21.2%) a partial victory in its battle against Apple (AAPL), affirming the company's ownership of 2 patents Apple claimed as its own. Summary judgment was denied for another 8 patents Kodak and Apple are fighting over. The patents are part of a collection of 1,100 Kodak is planning to sell - Apple is part of one of the consortiums reported to be bidding on them. (previous) [View news story]
A bankruptcy judge gives Eastman Kodak (EKDKQ.PK +21.2%) a partial victory in its battle against Apple (AAPL), affirming the company's ownership of 2 patents Apple claimed as its own. Summary judgment was denied for another 8 patents Kodak and Apple are fighting over. The patents are part of a collection of 1,100 Kodak is planning to sell - Apple is part of one of the consortiums reported to be bidding on them. (previous) [View news story]
$EKDKQ IS IN THE MIDDLE OF A BANKRUPTCY. You should be ashamed for advising people to buy such a risky and volatile lottery ticket
Yes Great point about the ETF's! That's the beautiful thing about options.. you can structure an options strategy to benefit from almost any move you believe a stock/ETF will do..
Facebook's (FB) IPO price range has been finalized at $34-$38, sources tell CNBC, and the company won't be filing another S-1 before it starts trading. Facebook can still price its IPO above its range, but SEC rules would prohibit a price higher than $45. [View news story]
Netflix (NFLX +0.8%) is looking to produce at least 5 original shows per year, content chief Ted Sarandos tells GQ. He adds Netflix is trying to woo Warren Beatty and Jodie Foster for future projects, and that the company's goal "is to become HBO (TWX) faster than HBO can become us" - Reed Hastings has declared HBO Go, rather than Amazon, YouTube, or Hulu, to be Netflix's biggest rival. The comments come ahead of the Friday launch of House of Cards, which has received some favorable early ink. (debt offering) [View news story]
Going over the fiscal cliff "looks like where we're headed," says Senate Majority Leader Reid. S&P 500 losses accelerate, -0.7%. [View news story]
Lawmakers in the U.S. see a quick-patch solution as the best hope of averting the automatic tax increases and spending cuts set to hit on January 1. Over the weekend the blame game was in full cycle while key Senators hit the talk TV circuit. The last word from President Obama is that he would immediately sign a bill into law extending tax cuts for those making $250K or less. [View news story]
Stocks add to big opening gains after the ISM and Consumer Confidence at reports at 10 ET do nothing to frighten buyers. DJIA +1.1%, S&P 500 +0.8%, Nasdaq +1.1%. The 10-year Treasury yield +0.025 to 1.72%. [View news story]
The jury deliberating over Apple's (AAPL) California trial against Samsung (SSNLF.PK) has reached a verdict, but hasn't announced it yet. The news comes as the ITC declares Apple isn't infringing 3 patents cited in a Motorola Mobility (GOOG) complaint, but orders an administrative law judge who reviewed the case in April to review the validity of a Motorola proximity sensor patent previously declared to be invalid. [View news story]
A big rally in silver, +2.6%, catches the eye of the technicians as SLV breaks out above its 200-day moving average. The last breakout (on the way up) was in January, and it presaged another 20% upside over the following 6 weeks. [View news story]
Apple (AAPL) is reiterated as a Conviction Buy by Jefferies' Peter Misek, who also raises his price target to $900 from $800. Checks show the iPad Mini and the iTV have gone into production, and further data indicate expected iPad builds have been substantially bumped for the rest of the year. The $900 PT comes from slapping a 12X multiple (ex-cash) on expected FY13 EPS. [View news story]
The VIX below 15 is low? The realized volatility on the S&P 500 over the last 7 days is 1.87, according to a trader (the VIX measures expected volatility over the coming 30 days). It may not be a record as he has spotted a 7-day period in June 1996 when it measured 1.28. [View news story]
A bankruptcy judge gives Eastman Kodak (EKDKQ.PK +21.2%) a partial victory in its battle against Apple (AAPL), affirming the company's ownership of 2 patents Apple claimed as its own. Summary judgment was denied for another 8 patents Kodak and Apple are fighting over. The patents are part of a collection of 1,100 Kodak is planning to sell - Apple is part of one of the consortiums reported to be bidding on them. (previous) [View news story]
A bankruptcy judge gives Eastman Kodak (EKDKQ.PK +21.2%) a partial victory in its battle against Apple (AAPL), affirming the company's ownership of 2 patents Apple claimed as its own. Summary judgment was denied for another 8 patents Kodak and Apple are fighting over. The patents are part of a collection of 1,100 Kodak is planning to sell - Apple is part of one of the consortiums reported to be bidding on them. (previous) [View news story]
Apple And The Triangle Option [View article]
That's the beautiful thing about options.. you can structure an options strategy to benefit from almost any move you believe a stock/ETF will do..
Apple And The Triangle Option [View article]
Apple TV - Destined To Be Mediocre [View article]
Destined to Be Less Than Mediocre
Facebook's (FB) IPO price range has been finalized at $34-$38, sources tell CNBC, and the company won't be filing another S-1 before it starts trading. Facebook can still price its IPO above its range, but SEC rules would prohibit a price higher than $45. [View news story]