Greetings from sunny Las Vegas! I’m currently traveling, so while I won’t have a video for you today, there’s still plenty of options flow in the market for us to dissect.
In Wednesday's Blitz Daily, we take a look at Silicon Valley powerhouse Qualcomm as the company reported earnings after the close.
The company manufactures chips for cell phones, cars and countless other internet-connected devices. And despite supply chain shortages, it forecast better-than-expected profits and revenue to come.
And it seems traders are betting on the company to deliver...
Aggressive “desk clearing” FDA approvals have fuelled at least some of the latest profits of 2021… And the next 61 days could be even bigger.
Researchers from Harvard and MIT noted in a recent report that “Approval spikes occur at the end of each calendar month,” and before the “end of the year in a kind of ‘desk clearing’ activity.”
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