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

Too soon to say if already-crashing ’15 earnings estimates have been cut enough

posted in: Commodities, Economy, Equities | 1

As oil price buckles, increase in talk of need to focus on S&P 500 earnings ex-energy Collapse in energy earnings important factor, but SPX ests were too rosy to begin with Sell-side struggles to wrap arms around energy repercussions; hard … Continued