Get started

IBM

IBM - Intrigued by Big BlueIBM recently gapped down after an earnings release. That gap down blew passed a previously existing gap from September 5th, leaving it open. Despite the earnings hit the stock did not fall below the previously existing support line dating back to June. If the stock starts finding some buyers it may be possible that the stock gaps back up creating an Island Reversal pattern. The $136.25 area will become important. Does it act as resistance, or will the price push right through? Chart is offering a nice reward-risk for bulls.
NYSE:IBMLong
by Chartimistic
1
IBM RUMBO A LOS 200 USD Despues de haber rebotado en la linea de tendencia principal, se ha formado un triangulo ascendente, no son muy valido ya que estamos tocando la linea de tendencia, pero alguna posibilidad hay, por otro lado los indicadores estan a nuestro favor, si el adx empieza con pendiente positiva, seguro nos vamos a los 200, Ahora en fundamentales para mi ahora sera la mejor compania desarrollando ideas sobre la cadena de bloques, La empresa tiene a sus desarrolladores trabajando en el tema, ademas de ya patentizar varias funciones sobre la cadena. Viendo hacia el futuro como siempre IBM renacera como la mejor compania en su ramo. Por cierto IBM es para largo largo plazo.
NYSE:IBMLong
by AFOzva
IBMs Stellar rises over falling-wedge, first time in 9 monthsStellar, a digital asset classed and international transaction-system is managed by International Business Machines Corporation (IBM) and performed badly against the Bitcoin. But for the first time in three consecutive quarters Stellar has risen out of the falling-wedge in which is was falling for longer times. It is to early to call this the bottom, but the movement out of the falling-wedge suggests time's are changing for IBM's first cryptocurrency.
by TeunisDokter
IBM due for a pullbackFundamental data IBM reported earnings and reaffirmed guidance. It was up over 5% on the news. Trade-war: "The U.S. Trade Representative said Tuesday 10% tariffs on about $300 billion in Chinese imports will go forward, but tariffs on some goods will be delayed until Dec. 15. Those items include cellphones, laptop computers , video game consoles, some toys, computer monitors, shoes and clothing." The cellphones could be the reason for AAPL rallying today. -- There is a good risk reward ratio (check out chart).
NYSE:IBMLong
by dorfmanmaster
IBM Call SpreadI'm buying an IBM call Spread 150/160 Cost $3.01 max gain $6.99 Expiring September 20th. This looks like a good play, however if the market goes for a downturn this may push through it. I think AAPL earnings will be a reflection of the tariff against China we'll have to wait and see. Broke out of cup and handle, also OBV is rising and RSI is overbought however its printing a false signal I'll ignore it, it may trend sideways as it builds for a move higher. Downsides are it could be weighed down by poor earnings season. That could be the only way to lose this trade unless this moves sideways. Otherwise Risk/Reward = Green 7/10
NYSE:IBMLong
by Synaptic724
2
THE WEEK AHEAD: IBM, JNJ, NFLX EARNINGS; GDXJ, GLD, SLV, GDXEARNINGS IBM (54/26; Thursday), JNJ (56/23; Tuesday before market open), and NFLX (35/41; Wednesday after market close) announce earnings next week. Unfortunately, all of them have less than ideal metrics for a volatility contraction play (>70% rank/>50% implied), so I'm likely to pass on all of them. That being said: Pictured here is an IBM 130/135/150/155 iron condor in the August cycle paying 1.53, break evens at 133.47/151.53, and delta/theta metrics of -2.47/2.80. The rank/implied metrics aren't ideal here (<70%/<50%), which is probably why it's also paying less than my idea one-third the width of the wings in credit. I would pass on it if you can't get filled for 1.67 or greater ... . BROAD MARKET TLT (31/11) QQQ (8/17) IWM (7/15) SPY (6/12) EEM (3/16) EFA (5/10) Short-term, broad market premium selling is about as crappy as it can get here. Your options are to (a) wait for a pop in volatility; or (b) sell something farther out in time where the expiry implied is higher. I will probably opt for the latter if we don't get an uptick in volatility by July opex, since waiting can be unproductive, particularly if low volatility has infected the entire market and it becomes a "protracted thing." SECTOR EXCHANGE-TRADED FUNDS Premium selling opportunities are in gold and the miners for yet another week ... . Top 5 By Rank: GDXJ (73/34), GLD (72/15), SLV (70/20), GDX (45/28), and TLT (31/11). Metrically, the most "ideal" play is in GDXJ (exchange-traded fund ideals: >50% rank/>35% background), although we're getting somewhat short in duration for another play in the August cycle. There isn't a September expiry available yet (there will probably be one after July expires), so it might be worth a look at GDXJ next week should volatility hang in there for a September play. IRA TRADES Not doing a ton here beyond managing my covered calls post-opex. Stuff on my shopping list (XLU, XLP, HYG) has all ground higher along with the rest of the market, so I just have to patient for another one of those December style "sell everything" dips or a major uptick in volatility in those instruments.* Although I have "not a penny more" short puts on in HYG, both XLP and XLU are out of range of that kind of play, it seems, unless I want to go far out in time and get paid very little ... . * -- XLU (10/14), XLP (29/11), HYG (13/6).
NYSE:IBM
by NaughtyPines
5
XLM Is The Only Major Crypto STILL In A Downtrend Yup. Will XLM break out? It's continuously building pressure on the downtrend resistance, but it's possible Bitcoin will correct before it gets a chance to see higher prices. Either way, a lot of money will be made, regardless of direction. It's been consolidating between 11 and 13 cents for quite a while now. This is pretty much an illustration of why there isn't much resistance or support on either side. I think we're at a point where alts need some positive developments to get going. Unfortunately, there is a lot of fear and uncertainty surrounding XLM at the moment, particularly in regards to World Wire and their relationship with IBM. We all know crypto likes to surprise though...just a little bit of positive news could send this thing really flying, in my opinion. Likewise, some confirmed negative news may send it back to the lows (or even a new low). Either way, it's time to prepare for the move. I think if it can get back above that broken uptrend (purple) my bias will become more bullish. For now, it's neutral. Additionally, if XLM bounces on the Bitcoin ratio soon, it could confirm a pretty serious bullish divergence (seen on the weekly chart) and finally break out of this enormous wedge: Breakout targets: 1) $0.16 2) $0.18 3) $0.27-30 4) $0.90-1.00 (only if the entire space goes crazy again) Breakdown targets: 1) $0.11 2) $0.08-0.09 3) $0.06-0.07 4) $0.045-0.05 This is not financial advice. Just a potential setup I'm seeing, and I'm REALLY curious to see which way it goes. -Victor Cobra
BITTREX:XLMUSD
by VictorCobra