Weekly covered call on CSCO shares

posted in: Derivatives, Equities, Technicals | 0

Cisco (CSCO) longs can use covered calls to generate extra income in the near-term. Traders treated the company’s FY3Q results with a big yawn yesterday.  In a strong day for the general market, CSCO shares shed one percent, as an … Continued

Dow induction alone does not ensure peak in share price

posted in: Equities | 0

AAPL set to join Dow brings out ‘this is top’ talk Historically, tough to argue Dow inclusion ensures top If AAPL peaks, it will be for other business-related reasons AAPL (127.14) is slated to replace T in the Dow Jones … Continued

20-percent-plus move in CSCO past six months prices in fair amount of optimism, stock vulnerable at least near-term

posted in: Derivatives, Equities, Technicals | 0

Unlike a consistent Steady-Eddie CSCO of the past, the company’s quarterly results of late have been a hit-and-miss.  In the U.S., business capex is lackluster but steady.  In November last year, CSCO spooked investors with a downbeat outlook.  In February … Continued