QCOM Struggles Ahead of Earnings, Options Activity Surges
Market on close. We will have our eyes on Qualcomm earnings after the bell with expectations for adjusted EPS of $3.39% on revenue of 12.28% billion. Profit expected to decline slightly year-over-year as Apple has started manufacturing more components inhouse.Shares are down about 10% so far this year. It's of course time for options corner Rick Dat, our lead market technician, joining us now to take a closer look at Qualcomm ahead of their earnings report following the close today. Now Rick, as we take a l ...