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IBM

XLM + IBM COMBO CONFIRMED BY THE MERKLEXLM + IBM COMBO CONFIRMED BY THE MERKLE Will it Moon? According to The Merkle, IBM's VP confirmed that Stellar is a "big" part of the company's IBM blockchain platform strategy. Check out the news report. We all saw how IOTA mooned with the news of the unconfirmed partnership with Microsoft back in December. Lets take a look at the TA action for XLM at this moment. XLM has retraced to the .236 fib level along with many other ALTS on 3/18. Setting up a the first wave to complete and a healthy .5 fib retracement of the first wave. Momentum is on on our favor if XLM bounces off the 20 on the STOCH RSI. BUY-IN around 26xx stats. T1 @ 3700 stats. T2 @ 4254 - 4913 stats if the hype builds up. We could see XLM finishing it's run at T3 @ 5979 stats. Right now would be a time to buy in with a comfortable stop loss to see how this plays out. ***What's BTC doing? BTC looks like it's found it's bottom (for now) at 7730 USD aT a 0.236 fib retracement form 9176 USD). BTC looking it will go on a run on it's own for the next few days as it will retest the 9k and 10k mark. This analysis is for educational purposes only and not financial advice. The Unicorn of the Sea - Narwhal
Long
by UnknownUnicorn2706281
1
Quarterly earnings were not enough?IBM ended a long period of decline, however it seems that an attempt to change the trend was quickly rejected. Despite having delivered higher-than-expected earnings reports, the price is close to a very important level of support. What makes me wonder... would it be possible that this attempt to change the trend was initiated by the expectation generated by the income report? And after not having covered the "expectations" immediately lost attention? If that is the case, we will most likely see its price stay within the channel that respect good part of the 2017. If it's just a break, we'll see IBM succeed and rise after retesting this support point. Whatever the case, there are enough reference points to make decisions. I hope this is useful for you. Best wishes to all.
NYSE:IBM
by normstock
THE WEEK AHEAD: IBM, SLB, KMI EARNINGS; XLU, SMH, IYR, EWW, VXXEARNINGS The earnings on tap aren't looking very enticing to me, as I generally look at getting in on these where the implied volatility rank is >70% and the background implied volatility is >50%. However, they might be worth watching running into earnings to see if implied ramps up. KMI (implied volatility rank 79/implied volatility 30) announces earnings on the 17th after market close. The January 19th expiry's implied volatility is at 40%, with the 26th's at 31.4% (a 27.5% potential contraction). Given the underlying's price, it's probably best to go short straddle. Unfortunately, the Jan 19th's 19.5 short straddle isn't paying much -- .70 at the mid, with break evens clear of the expected move. Given what that's paying, a defined risk play won't pay. IBM (implied volatility rank 93/implied volatility 26) announces on the 18th after market close. January 19th's implied's at 43.2; the 26th's at 31.3 (38.0% potential contraction). The January 19th 157.5/170 short strangle (23 delta) is paying 2.30 at the mid; the 152.5/157.5/170/175 iron condor's only paying 1.49 (<1/3rd wing width), so would probably pass on a defined unless implied volatility frisks up running into earnings. SLB (rank 100/implied 27) announces on the 19th before market open. January 19th's implied is 35.4 vs. Jan 26th's of 27.9 (26.9% potential contraction). The 19th's 76/80 short strangle's paying 1.07 at the mid. Defined -- not worth it. NON-EARNINGS Another area in which implied volatility rank makes potential plays look promising, but where background implied volatility isn't up to stuff. Currently, there are no exchange-traded funds whose implied volatility rank is in the upper one-quarter of so of where it's been over the past year and where background implied is greater than 35%. For what it's worth, though, here are the top ones: XLU (73/15), SMH (59/23), IYR (57/14), and EWW (51/24). VOLATILITY PRODUCTS Recently I've been working VXX* in two ways: (1) "price agnostic," where I enter either a long put vertical or short call vertical when the next weekly expiry open on Thursday or Friday; and (2) on pops where the VXST/VIX ratio is >1.0 (the higher the better). Unfortunately, it's tough to forecast a pop (although I've seen people repeatedly make the attempt), so you just have to set up an alert to trigger on a VXST/VIX ratio print of >1.00 or a VVIX print of >110 and keep powder dry for when it happens. * -- I've been waiting for UVXY to reverse split on the notion that a 1/2 strike of movement in an 8.67 (UVXY Friday close price) underlying is somewhat more of a heavy lift than a 1/2 strike of movement in a 25.85 one, even though UVXY is leveraged.
NYSE:IBM
by NaughtyPines
1
IBM Meeting Heavy ResistanceIBM has been one of the worst DOW stocks of 2017, but things might change going ahead. IBM which should be seeing a bottoming in revenues as they return to growth from data analytic initiatives and a upgrade cycle in mainframes is on the verge of breaking out. Currently, IBM sits at a major resistance line. Watch for a breakout which could see the stock retest all time highs around $181.00, but a failed breakout may retest rising support around $155.00.
NYSE:IBM
by gthom9