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IBM

IBM poised for new low?IBM usually bounces up twice before setting a new low. Bought various puts after SPX gap close this morning, decided to keep this one for another week. Target is $112. If you want to get greedy, $105 marks the double bottom, from Jan 2016, would recommend Jan puts. Balance sheet already looks like crap, and they're going to overpay for RHT? Not even sure how they're going to come up with $34B in CASH, but way over payment for a company trading at over 60x P/E. If they go through with it, say goodbye to dividends. I bet they nix the deal in January, and the stock goes back up. Of course, they'll get sued though.
NYSE:IBMShort
by hungry_hippo
4
Bullish Divergence Transforms to Near End to Oversold ConditionsAT40 = 17.3% of stocks are trading above their respective 40-day moving averages (DMAs) – 10th day of oversold period following 4-day oversold period AT200 = 29.5% of stocks are trading above their respective 200DMAs VIX = 23.4 Short-term Trading Call: bullish Commentary The small bullish divergence to start the week received follow-through in the form of a big rally day in the stock market. AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), jumped from 11.9% to 17.3%. Suddenly, it looks possible for the stock market to bring an end this week to this extremely extended oversold period (AT40 above 20%). AT200 (T2107), the percentage of stocks trading above their respective 200DMAs, came to life by hopping from 25.4% to 29.5%. AT200 even slightly broke through its steep downtrend. {AT40 (T2108) surged from the lows to the oversold threshold.} {AT200 (T2107) bounced enough to sneak a peak above its relentless October downtrend.} So far, the S&P 500 (SPY) is down 4.5% for this 10-day old oversold period. The index is down 3.7% from the start of the first oversold period which is only separated from the current period by one trading day. If the oversold period had ended today, the S&P 500’s performance would have been in-line with historic 14-day long oversold periods and under-performed historic 10-day oversold periods. In both cases projections are for less weakness. {The performance of the S&P 500 for a given oversold duration (T2108 below 20%).} In other words, there is a decent case to be made that the breakout from this oversold period will come with another big rally day for the S&P 500. It will need to be a big move to break out of the current steep downward trading channel formed by the lower Bollinger Bands (BBs). {The S&P 500 (SPY) rallied for a 1.6% gain that perfectly matched the previous day's open and close lower.} The NASDAQ gained the same percentage as the S&P 500 but its range of motion was not nearly enough to nullify the previous day’s fade and selling. The Invesco QQQ Trust (QQQ) gained 1.7% but also failed to nullify the previous day’s pressure. {The NASDAQ rallied for a 1.6% gain but still sits well within the downward trading channel formed by the lower Bollinger Bands (BBs).} {The Invesco QQQ Trust (QQQ) rallied 1.7% but still sits within a steep downward trading channel.} The volatility index, the VIX, only fell 5.5% and closed at 23.4. It is still at elevated levels (above 20) so the stock market remains very vulnerable to wide swings and sharp selling, but at least the intraday high did not reach the recent highs. The iShares Russell 2000 ETF (IWM) rallied for a 2.1% gain. Unlike the other major indices, IWM managed to tap the upper bound of its downward trading channel. IWM hugged this line in the selling that led to the current levels. Follow-through buying would represent a very important breakout. {The iShares Russell 2000 ETF (IWM) is making another attempt to break out from its downward trading channel former by its lower Bollinger Bands.} Although I did not get the volatility spike I wanted to trigger more aggressiveness, I still treated the rally as a validation of the bullish signs from the previous day. I focused on my shopping list even as I took my profits on my latest tranche of SPY call options (expiring Friday). I loaded up on CSX Corporation (CSX) calls, a calendar call spread on Intel (INTC), and of course I implemented my Facebook (FB) pre-earnings trade (twice!). I also decided to get aggressive with small caps given the abundance of beaten up small caps I saw with big gains on the day. I started accumulating call options on IWM expiring in 2 1/2 weeks. I capped off my hedges with a put spread on Boeing (BA) which rallied right to its 200DMA and an obligatory put option on Caterpillar (CAT). From here, I can stay 100% focused on the bullish buying opportunities…while of course keeping in my peripheral vision the on-going (technical) market risks that I have covered in previous Above the 40 posts.
SP:SPXLong
by drduru
IBM - FREE MONEY!Dear Traders, IBM has struck a deal to acquire cloud software company Red Hat for $34 billion. IBM will pay $190 per share for the software company, which it described as the world’s leading provider of open source cloud software, a more than 60% premium to Red Hat’s closing stock price of $116.68 on Friday. Shares traded upwards of $175 in June, but disappointing earnings combined with a volatile market had seen the price drop sharply. Here are the key points from the deal announcement: IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion. JPMorgan advised IBM on the deal and provided most of the financing. Guggenheim Partners represented Red Hat on the deal. IBM will remain committed to Red Hat’s open governance, open source contributions, participation in the open source community and development model, and fostering its widespread developer ecosystem. IBM and Red Hat also will continue to build and enhance Red Hat partnerships, including those with major cloud providers, such as Amazon Web Services, Microsoft Azure, Google Cloud, Alibaba and more, in addition to the IBM Cloud. Red Hat will join IBM’s Hybrid Cloud team as a distinct unit, preserving the independence and neutrality of Red Hat’s open source development heritage and commitment, current product portfolio and go-to-market strategy, and unique development culture. Red Hat will continue to be led by Jim Whitehurst and Red Hat’s current management team. Jim Whitehurst also will join IBM’s senior management team and report to Ginni Rometty. IBM intends to maintain Red Hat’s headquarters, facilities, brands and practices. “IBM will become the world’s #1 hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses,” Ginni Rometty, IBM chairman and CEO, said. “Joining forces with IBM will provide us with a greater level of scale, resources and capabilities to accelerate the impact of open source as the basis for digital transformation and bring Red Hat to an even wider audience – all while preserving our unique culture and unwavering commitment to open source innovation,” Jim Whitehurst, president and CEO of Red Hat, said. Let's talk about TA now: Weekly RSI is OVERSOLD ! Daily looks superrr zweeeeet! I see a possible divergence! Hourly chart confirms my Bullish Divergence. This is free money. Key resistance points: 132$ - 145$
NYSE:IBMLong
by Raw_Blitz
2
RAISING POSITION TO 2,000,000 SHARES. UNWARRANTED SELL OFF!Folks, Fake News has Micron Bankrupt while other companies that depend on Micron products, Microsoft, Apple, Google, Amazon, Facebook, Twitter, Data Storage Services, in fact, the entire Technological Infrastructure depends on Memory and Storage to work so if Micron sales are forecast to sink by FAKE NEWS, the entire technology industry will crash with it including Cloud Computing services. This is a case where if you have brains, you know the truth and you BUY! Smart Money is buying Micron at these FIRE SALE prices while weak hands and manipulators are trying to push the stock down. As it stands now, Micron is trading under 3x forward earnings, this by itself is OUTRAGEOUS Wall Street Corruption especially watching AMD triple in price on speculation. We cannot watch the Corruption win, we are moving our position from 1,000,000 shares to 2,000,000 shares Like we said in an earlier post, Corrupt Wall Street will make us BILLIONAIRES! If you look at over 90% of our trades on this board, we haven't been wrong. We've made money on every trade we've closed. A perfect example of Wall Street Corruption is the price of NVIDIA, with an E.P.S of only $6.65 - Trading over $200 a share Even if Micron sales fall, they will still beat NVIDIA E.P.S. The sick part of this story, Micron makes NVIDIA chips along with chips for Western Digital, IBM, Intel and many more companies. We couldn't ask for a better Christmas Gift! P.S. We also think, if the price of Micron stock stays down at these low levels, the company will we bought out! With the cash flow Micron has, along with the positive / rock solid E.P.S, the company is a sitting duck for a BUYOUT at current levels.
NASDAQ:MULong
by UnknownUnicorn3159981
1
IBM Seeking BalanceIBM was very stretched at the Warning-Line 1 and is now seeking balance. So we go from extreme back to balance. It doesn't matter how you call it....Mean-Reversion, Action/Reaction or even manipulation... What count's is, that we have knowledge and rules at hand, which provide high probability trades in REAL live, not just in demo or on backtests. Check out my free course and come back to me if you have any questions. The friendly ForkTrading Group welcomes you and gives you REAL information and knowledge in trading. P!
NYSE:IBM
by Tr8dingN3rd
AMD to hit $48 in 12 months### Company Summary Advanced Micro Devices, Inc. (AMD) is an American semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. While initially it manufactured its own processors, the company later outsourced its manufacturing, a practice known as fabless, after GlobalFoundries was spun off in 2009. AMD's main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications. AMD is the second-largest supplier and only significant rival to Intel in the market for x86-based microprocessors. Since acquiring ATI in 2006, AMD and its competitor Nvidia have dominated the discrete Graphics Processing Unit (GPU) market. Lisa Su (born 1969) is a Taiwanese-American business executive and electrical engineer, Ph.D. from MIT in 1994, and the CEO and president of Advanced Micro Devices (AMD). Early in her career, Su worked at Texas Instruments, IBM, and Freescale Semiconductor in engineering and management positions.She is known for her work developing silicon-on-insulator semiconductor manufacturing technologies and more efficient semiconductor chips during her time as vice president of IBM's Semiconductor Research and Development Center. Su was appointed president and CEO of AMD in October 2014, after joining the company in 2012 and holding roles such as senior vice president of AMD's global business units and chief operating officer. She currently serves on the boards of Analog Devices, Global Semiconductor Alliance and the U.S. Semiconductor Industry Association, and is a fellow of the Institute of Electrical and Electronics Engineers (IEEE). Recognized with a number of awards and accolades, she was named Executive of the Year by EE Times in 2014 and one of the World's Greatest Leaders in 2017 by Fortune. According to Form 10-Q of AMD filed, AMD is a global semiconductor company with facilities around the world. Within the global semiconductor industry, primarily offering: * x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and * server and embedded processors, semi-custom System-on-Chip (SoC) products and technology for game consoles. AMD also licenses portions of intellectual property (IP) portfolio. AMD's financial results for the second quarter of 2018 demonstrate continued success in the execution of AMD's long-term strategy for sustained growth. Net revenue in the second quarter of 2018 was $1.76 billion, a 53% increase compared to the second quarter of 2017. The year-over-year increase was primarily due to a 64% increase in Computing and Graphics net revenue and a 37% increase in Enterprise, Embedded and Semi-Custom net revenue. The increase in the Computing and Graphics segment net revenue was primarily due to higher sales of AMD's RadeonTM and RyzenTM products. The increase in the Enterprise, Embedded and Semi-Custom segment net revenue was primarily due to higher semi-custom revenue as well as higher EPYCTM server revenue. AMD's operating income for the second quarter of 2018 was $153 million compared to an operating loss of $1 million in the second quarter of 2017. AMD's net income for the second quarter of 2018 was $116 million compared to a net loss of $42 million in the second quarter of 2017. AMD continued to introduce new products in the second quarter of 2018, including premium notebook AMD Ryzen PRO APUs designed specifically for the commercial market. AMD also announced the availability of four models of AMD's 2nd Generation Ryzen desktop CPUs optimized for gamers, creators and hardware enthusiasts. Cash, cash equivalents and marketable securities as of the end of the second quarter of 2018 were $983 million, compared to $1.18 billion as of the end of the fourth quarter of 2017. AMD intends the discussion of financial condition and results of operations that follows to provide information that will assist you in understanding AMD's financial statements, the changes in certain key items in those financial statements from year to year and quarter to quarter, the primary factors that resulted in those changes, and how certain accounting principles, policies and estimates affect AMD's financial statements. ### Statistics Shares Outstanding: 0.97B Avg Daily Vol: 100.7M Market Cap: 31.5B 52-Week High: $32.22 52-Week Low: $9.04 Forward PE: 42.71 Annual Div/Dividend Yield: $0.00 / 0.00% Annual Rev: 6.9B Inst Own: 68.1% 1-Month Return: 15.5% 3-Month Return: 45.7% Next Earnings Report Date: 10/23/2018 Earnings ESP: NA Revenue Per Employee: $742,133 Money Flow Ratio: 1.04% ### Profitability Revenue Growth: 40.4% (Sector Average 9.8%) Gross Margin: 36.1% (Sector Average 38.8%) Return on Equity: 47.1% (Sector Average 7.1%) Net Margin: 5.4% (Sector Average 4.9%) ### Debt Current Ratio: 1.8 (Sector Average 2.9) Debt-to-Capital: 67.1% (Sector Average 25.9%) Interest Funding: 18.5% (Sector Average 5.1%) Interest Coverage: 4.5 (Sector Average 4.2) ### Dividend Dividend Growth: NA (Sector Average 12.8%) Dividend Payout: NA (Sector Average 35.8%) Dividend Coverage: NA (Sector Average 3.8) Dividend Yield: NA (Sector Average 0.0%) ### Top Peer Companies Avid Technology, Inc (AVID) Cabot Microelectronics Corporation (CCMP) Cirrus Logic, Inc (CRUS) DIALOG SEMICON (DLGNF) Diodes Inc (DIOD) EMC Corp (EMC) F5 Networks Inc (FFIV) Falconstor Software Inc (FALC) Intel Corp (INTC) International Business Machines Corp (IBM) Lattice Semiconductor Corporation (LSCC) Mellanox Technologies, Ltd (MLNX) Netapp, Inc (NTAP) Nvidia Corp (NVDA) Oracle Corporation (ORCL) PMC Sierra Inc (PMCS) Unisys Corp (UIS) ### 12 Month Price Target Mean: $39.01 High: $48.77 Low: $25.13 ### Revenue Growth Approximated quarterly revenue growth compared to the same quarter of the year before are as follows: Q1 2015: -26.3 % Q2 2015: -34.7 % Q3 2015: -25.7 % Q4 2015: -22.7 % Q1 2016: -19.2 % Q2 2016: 9.0 % Q3 2016: 23.2 % Q4 2016: 15.5 % Q1 2017: 33.8 % Q2 2017: 25.7 % Q3 2017: 19.0 % Q4 2017: 18.3 % Q1 2018: 67.4 % Q2 2018: 43.7 % ### Earnings Surprise Positive (+10.3%) aicody.com
NASDAQ:AMDLong
by aicody
2
IBM KNOWSIBM is very active and is investing in crypto. Crypto is know for his volatility and people are scared about it. If you don't like to buy crypto you can look for stocks who believe in crypto and are ready to do something with it. Crypto is game changing and as soon as people will understand the business applications in the real life of crypto you will really see an explosion of the whole market. I'm sure about that. If you still don't believe it but you want not to miss out a big opportunity, IBM could deserve us some satisfactions. On the short term: IBM is actually correcting since ATH on 2013. A longtime trendline is not so far from here. If you see in the next month the price falling to 130 then you have to know that we are closing the last leg of a bullish bat and entering on a demand zone. enjoy the run BIO
NYSE:IBM
by FerdiHodler
STELLAR - IBM, SHARIA LAW, E.W COUNT & • Climbing towards trend resistance. •Currently undergoing Elliot Wave Wave 3 • MACD is looking positive and has room to grow. • Higher support levels • IBM Partnership • Sharia Law Compliance Announcement • Most recent price action climbs/dips coincide with FIB retracement levels • Forecasted FIB Extension coincides with previous resistances/support ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice*** 
Long
by ZpaceBuddha
4