Weekend Reads
Reads:
- The Noise
- Sounding the Credit Alarm
- A Momentus Momentum Occasion
- All Time High Living Standards
- No VAT
- FED Losing Control?
- The Week Ahead
News:
- May plans 'bold' offer for Brexit deal support
- Australia economy in focus after surprise election result
- Turkey expects S-400 and Lockheed's F-35
- Canada vows 'full steam ahead' for USMCA
- Beyond Meat is Beyond Stupid - Citron
- Tesla slumps 6% on report of 'hardcore' cost-cutting plan
- Exxon Mobil pulls staff from Iraq
- Luckin Coffee skyrockets in IPO open
- Trump says 'geniuses' are looking at Freddie, Fannie
- GILD, NVO, ZYNE and NOG among notable after hour movers
- Lions Gate countered Starz offer with $5.5B request - Reuters
- FDA lagging in oversight of CBD industry
Premium:
Tesla's Open Interest:
$TSLA even after May's expiration - plenty way out of the money bets remain for significant downside pic.twitter.com/OUAW0p1dOg
— UPBOptionMil (@UPBOptionMil) May 18, 2019
Earnings
Some implied moves for #earnings next week:$HD 3.3%⁰$AZO 5.8%⁰$KSS 8.0%⁰$TJX 6.4%⁰$TOL 6.1%⁰$JWN 8.8%⁰$TGT 5.6%⁰$LOW 5.3%⁰$AAP 9.9%⁰$SCVL 15.3%$BBY 7.9%⁰$WB 8.6%⁰$MDT 4.1%⁰$BJ 11.7%⁰$SINA 11.2%⁰$SPLK 8.2%⁰$ADSK 8.1%⁰$INTU 5.1%$DECK 10.1%⁰$ROST 7.3%$FL 10.7% https://t.co/Aec8KeYk4K
— Option Millionaires (@OMillionaires) May 18, 2019
Morning Charts: