Trade Updates: AZO, DNA, FDO, ISRG
Genentech (DNA, $87.47, up $1.13) got off to a slow start on Monday but got it going in late afternoon […]
Daily Update, Option Trades
Daily Update, Option Trades
AutoZone Breaks Below $130
We left the AutoZone (AZO, $130.64, down $2.42) trade open over the weekend hoping to get a break below $130
Company Commentary, Mergers and Acquisitions, Option Trades, Uncategorized, Daily Update
Before the Bell – Action in Genentech
Genentech (DNA, $86.34, up $1.94) will be in the headlines a lot this week and there may be an opportunity
Market Analysis, Momentum Stocks Weekly
Weekly Wrap for 1/11/09
That was ugly. The bulls did not have a good week as the bears got the best of them as
Daily Update, Company Commentary, Option Trades
Everybody's Working For The Weekend
The first full week of trading is coming to a close and it sure feels good have the weekend coming
Daily Update, Company Commentary, Mergers and Acquisitions
Merger Activity Off To Fresh Start
ThinkorSwim Group (SWIM, $8.34, up $2.69) was acquired by TD Ameritrade (AMTD, $13.40, down $0.08) yesterday in a sign that
Daily Update, Company Commentary, Option Trades
Market Turns Around/ AutoZone Update
AutoZone (AZO, $135.42, up $0.42) traded lower most of the session until a late day rally pushed the stock into
Daily Update, Company Commentary
Wal-Mart Gets Whacked
Wal-Mart (WMT, $51.52, down $4.02) is feeling the blues this morning as Wall Street is punishing the stock after the
Option Trades, Daily Update, Company Commentary
AutoZone Topping Out
Believe it or not, AutoZone (AZO, $135.68, down $3.52) has been testing its 52-week high in recent days and has
Daily Update, Earnings, Option Trades
Family Dollar Catches Fire
Family Dollar Stores (FDO, $27.73, up $3.40) is having an outstanding day after announcing earnings that were better-than-expected. The company
Option Trades, Daily Update
Opening View
The market is starting off the session with a triple-digit loss. The Dow is down 109 points to 8905 after
Option Trades, Daily Update
Imax Shares Rising
Imax (IMAX, $4.95, up $0.42) is up another 10% today as we head into the final hour of trading. The
Daily Update, Company Commentary
Orexigen Therapeutics Up Sharply After-Hours
Orexigen Therapeutics (OREX, $5.89, down $0.10) was up sharply in after-hours trading on news that the company could be announcing
Option Trades, Daily Update, Sectors, Company Commentary
Casino Stocks Rally
Two months ago I mentioned the rally that the casino stocks had enjoyed for a few weeks and we made
Option Trades, Daily Update
Trade Updates
Alcoa (AA, $11.86, down $0.25) opened lower and struggled all day to stay in positive territory. The company will report
Apple, Option Trades, Daily Update
Steve Jobs Speaks, Market Listens
Apple’s (AAPL, $93.11, up $2.36) CEO Steve Jobs spoke about his health this morning and the stock has rebounded sharply.
Daily Update, Sectors, Market Analysis, Strategies, Watch Lists, VIX, Oil, Option Trades, Company Commentary
2008 – A Year Hit By A Truck
Index 1. Commentary 2. Financial Sector Takes a Beating 3. Options Versus Stocks 4. Current Trade Updates 5. Alcoa and
Daily Update, Option Trades
Schlumberger Update
Schlumberger (SLB, $42.82, up $0.70) is trading higher as we head towards the closing bell. The stock has traded as
Oil, Option Trades, Daily Update
A Play On Oil
Oil is hovering around the $40-a-barrel mark and there seems to be some sentiment that it could be headed higher.
Daily Update, Market Analysis
Dow Breaks Losing Streak
The market managed to do a little something on Wednesday as Wall Street enjoyed the holiday and looks forward to
Daily Update, Market Analysis
Market Continues Slow Ride Lower
The market endured its fifth straight losing session on Tuesday after a couple of gloomy economic reports set the tone
Daily Update, Market Analysis, Company Commentary
Market Looking to Open Lower
The futures are down, pointing towards a lower open this morning. The Dow futures are off by 14, to 8,525,
Daily Update, Earnings
Take-Two Takes A Hit
Take-Two Interactive Software (TTWO, $9.07, down $3.00) is down 25% after reporting lousy earnings. The company posted a loss of
Oil, Gold, Daily Update, Market Analysis, VIX
Market Retreats, Gold Stops Hit
The market started Wednesday off in the red and managed to turn things around in the afternoon before giving up
Commodities, Company Commentary, Gold, Daily Update
Gold Stocks Continue Rally
Gold is up strong this morning as the yellow metal is higher by $27 and now stands at $870/ ounce.
Daily Update, Market Analysis, Economic News, Company Commentary
Market Rallies After Fed Cut
Looks like Wall Street got an early Christmas present after yesterday’s surprise Fed announcement concerning interest rates. Most experts had
Daily Update, Company Commentary, Strategies
PowerShares QQQ Trade Update
I put out a trade yesterday morning that is off to a good start. The Dow is enjoying a triple-digit
Company Commentary, Daily Update, Earnings
Goldman Sachs Reports First Ever Loss
A collective sigh of relief was felt by Wall Street this morning when Goldman Sachs (GS, $71.46, up $5.00) reported
Daily Update, Earnings, Company Commentary
Nike Update
I wanted to update the Nike (NKE, $48.19, down $1.18) trade from last Thursday. When I mentioned the stock it
Daily Update, Sectors, Commodities
Gold Stocks Shine
With the Fed meeting on Tuesday, Gold stocks are enjoying some nice gains today. There seems to be some investors
Commodities, Daily Update, Market Analysis
Triple Witching
This Friday is “Triple Witching” and I wanted to explain what this means and what impact it could have on
Earnings, Market Analysis, Company Commentary, Momentum Stocks Weekly
Weekly Wrap 12/14/08
Believe it or not, the market managed to hold its own for the week despite a continuing string of bad
Daily Update, Earnings, Company Commentary
Earnings: COST, KKD, LULU and a Nike Trade
Costco Wholesale (COST, $53.37, down $0.32) is recovering from its morning low of $50.70 after reporting a 1% gain in
Daily Update, Company Commentary
Market Flat Despite Unemployment Claims
The market has managed to hold its own despite an unexpected jump in the number of people filing for unemployment.
Strategies, Daily Update, Company Commentary
When To Sell
You never want to sell too early when you have a monster option trade in progress. Sometimes when you catch
Daily Update, Yahoo / Microsoft
Yahoo Shareholder Urges Sale
Yahoo (YHOO, $12.83, up $0.64) is trading higher this morning after one of the company’s largest shareholders has made a
Daily Update, Company Commentary
Ford And General Motors Get Wish
After rubbing the genie bottle for weeks, the auto companies will likely get their wish finally granted to them. The
Daily Update, Commodities, Company Commentary
DryShips Continues Push Higher
Trading just got underway and DryShips (DRYS, $8.75, up $1.58) is surging another 20%. I mentioned the stock yesterday morning
Daily Update, Market Analysis, Company Commentary
Market All Smiles
The market powered higher on Monday following news that President-elect Obama will increase infrastructure spending to lift the economy once
Daily Update, Company Commentary
DryShips Up Sharply
The bulls seem to be getting behind DryShips (DRYS, $6.50, up $1.75) this morning as the stock is rallying 40%.
Daily Update, Company Commentary
Ford and GM In Play
Ford (F, $3.20, up $0.48) and General Motors (GM, $5.06, up $0.98) both opened higher this morning as hopes of
Momentum Stocks Weekly, Market Analysis, Company Commentary
Weekly Wrap 12/07/08
The market returned to its “normal” ways after a see-saw week in which the Dow had three up days and
Daily Update, Market Analysis, Economic News, Company Commentary
Unemployment Report Weighs On Market
We knew it was going to be nasty and the release of this morning’s unemployment report is taking the Dow
Company Commentary, Strategies, Daily Update, Market Analysis, Economic News
What To Watch For Friday
Wall Street would probably feel safer hanging out with Plaxico Burress at a night club than bet money on Friday’s
Daily Update, Company Commentary
Potash Sinks Below $50
Potash (POT, $49.60, down $3.21) continued its slide today as the stock lost 6% and set a fresh 52-week low
Daily Update, Company Commentary
Chesapeake Energy Sets New Low
Chesapeake Energy (CHK, $11.84, down $2.26) continued its free-fall today and is feeling the pinch from falling energy prices and
Watch Lists, Daily Update, Company Commentary
Watch List: Movie/ Entertainment
I’m not all that excited about the “movie” stocks but there may be an opportunity to make some trades within
Company Commentary, Daily Update
Market Reverses Course
The market is rebounding after a lower opening this morning as Wall Street has shrugged off some bad economic news
Daily Update, Company Commentary
RIMM Puts Whammy on Earnings
It appears we are going to start Wednesday off in the red. The early morning buzz is negative as Research
Company Commentary, Daily Update
Potash Looking Weak Again
Well, it’s time to take yet another look at Potash (POT, $55.20, down $1.27). Near the end of October we
Daily Update, Company Commentary
Chesapeake Energy Put Options Hit Target
Here’s a quick update on what is going on with our Chesapeake Energy (CHK, $14.25, down $0.75) trade. The stock
Economic News, Company Commentary, Daily Update, Market Analysis
Market Down 400
Despite what was initially thought as a “successful” start to the holiday season, the Dow is down over 400 points
Company Commentary, Daily Update, Market Analysis
Black Friday Update
The market is closing at 1PM today and we’ve got about a half hour to go. Here’s what we’re watching:
Earnings, Company Commentary, Daily Update
Deere Disappoints Again
Shares of Deere (DE, $30.26, down $2.84) are getting crushed this morning after the company missed Wall Street’s expectations once
Daily Update, Market Analysis, Economic News
What The Fed Is Going On?
$8,500,000,000,000.00 That’s the number…$8.5 trillion. That’s how much the our government is preparing to provide on behalf of you and
Google, Daily Update
Google Up, Time To Short
Google (GOOG, $277.68, up $20.24) is trading higher this morning after saying it is “significantly” reducing the number of contract
Daily Update, Market Analysis
Market Opens Higher
The market is extending its gains this morning after the government announced it is willing to provide up to $800
Daily Update, Company Commentary
Citigroup Gets $20B
Citigroup (C, $6.27, up $2.50) got its wish over the weekend and we got ours. News that the government will
Daily Update, Market Analysis, Company Commentary
Market Rallies, Gambling on Citigroup
The market is so amazing. There are so many moving parts and subplots happening at the same time that is
Daily Update, Market Analysis
Bears Dominating Market
What a long strange trip it has been. Well, we are Grateful and the market has been left for Dead.
Company Commentary, Daily Update, Google
Update on AZO, ANF, AAPL, GOOG, BIDU
Here are some updates on the trades we are following. AutoZone (AZO, $86.93, down $7.32) November 95 puts (AZOWS, $8.60,
Daily Update, VIX
VIX Climbing Higher
Volatility Index (^VIX, 74.26, up 6.62) on a monthly basis now and for those of you new to the blog,
Daily Update, Market Analysis
Market Closes Below 8,000
The Dow fell 425 points yesterday to close below 8,000 for the first time since 2003 as economic news and
Daily Update, Company Commentary
AutoZone Poised to Fall Below $100
Yesterday morning I mentioned the option activity in AutoZone (AZO, $100.48, down $6.68) from Monday’s trading session. The stock closed
Daily Update, Sectors, Company Commentary
Big 3 Testify
The big news today is the testimony of America’s car industry as CEO’s of General Motors (GM, $2.60, down $0.49),
Daily Update, Yahoo / Microsoft
Yahoo's CEO Steps Down
Jerry Yang might not be Yahoo’s CEO anymore but he did stay at a Holiday Inn Express last night. Shares
Company Commentary, Daily Update
AutoZone Gets "Buy" Rating
Let’s see how this one turns out. Citigroup (C, $8.89, down $0.63), whose stock has been in shambles recently, initiated
Daily Update, Company Commentary
Baidu Gets Bitten
Baidu.com (BIDU, $134.09, down $44.80) took a pounding today as the China-based Internet search engine company saw its shares decline
Company Commentary, Daily Update
Abercrombie Continues Lower
Abercrombie & Fitch (ANF, $15.99, down $1.80) is trading lower again this morning following Friday’s disappointing earnings report. The company
Daily Update, Market Analysis
Option Expiration Week Could Bring Added Volatility
The market looks to have an uphill battle this week as it tries to break a two-week losing streak. After
Earnings, Company Commentary, Daily Update
Retailers Hurtin' For Certain
If today’s earning reports are any indication for the retail sector’s Christmas shopping season then they are in t-r-o-u-b-l-e. Don’t
Daily Update, Market Analysis
Before the Bell
Futures are trading lower this morning, which could lead to a potentially negative start this morning. The market rallied big-time
Daily Update, Apple
Is Apple Ripe or Rotten?
Apple (AAPL, $88.90, down $1.22) is trending lower this morning after a price target cut on its shares. Credit Suisse
Daily Update, Google
Google Continues Lower
The bubble gum used on Google’s (GOOG, $284.12, down $6.88) attempt to hold the $300 dam did not hold yesterday
Daily Update, Company Commentary
This Bud Is For Its Shareholders
Nah, Nah, Nah, Nah…Hey, Hey…Goodbye! It’s in the books. Shareholders of Anheuser-Busch (BUD, $66.33, down $0.51) approved the $52 billion
Daily Update, Google
Google Testing $300
Google (GOOG, $304.92, down $6.54) has been hovering the $300 mark for the past couple of days and it looks
Daily Update, Sectors, Company Commentary
Las Vegas Sands Halted
Las Vegas Sands (LVS, $6.65, down $1.35) still hasn’t “officially” opened this morning for trading although it was down 17%
Daily Update, Market Analysis, Company Commentary
Morning Tidbits
The futures are pointing towards a lower openening this morning as the market is struggling with a number of issues.
Daily Update, Market Analysis
China Ditto's U.S. Bailout Package
The futures are up big-time this morning before the opening bell as Wall Street seems to loving the fact that
Daily Update, Sectors
More Bad News For Casino Stocks
There seems to be no good news in site for the casino stocks. On October 23, I had mentioned that
Daily Update, Strategies
Why Stops Are So Important
It’s all about the timing. Trading options can be exciting but you can’t let emotions get in your way when
Daily Update, Google, Yahoo / Microsoft
Yahoo Jumps Despite Google Changing Mind
Yahoo (YHOO, $13.92, up $0.57) was back in the news again on Wednesday. The stock had a strong day despite
Daily Update, Sectors, Oil, Company Commentary
Chesapeake Benefits From Obama Victory, Takeover Talks
With a half-hour left to go in today’s trading session, the Dow is down 400 points to 9,225 but there
Daily Update, Market Analysis
Opening Bell Outlook
Welcome to a new day and a new America. Senator Barack Obama made history by winning the U.S. presidential election
Daily Update, Company Commentary
Potash Update
Potash (POT, $93.17, up $8.21) is up nearly 10% today as we are halfway through the trading session. It’s an
Daily Update, Earnings
MasterCard Lifts Financial Stocks
MasterCard (MA, $159.50, up $15.61) is having a stellar morning after reporting earnings that beat Wall Street’s expectations. The results
Daily Update, Market Analysis
Market Ends Flat Ahead of Election
The market had its least volatile session in well over a month as Wall Street ignored some weak economic news
Market Analysis, Daily Update
Opening Bell Update
The market is not out of the woods yet. U.S. elections will take center stage on Tuesday and many experts
Daily Update, Sectors, Stock Earnings, Watch Lists
Casino Stocks Continue Higher
The casino stocks powered higher again on Friday and are showing some good momentum right now. Wynn Resorts (WYNN, $60.40,
Daily Update, IPOs
3rd Quarter IPO's
Now that 3Q is in the books it was no surprise that there weren’t many initial public offerings (IPOs) during
Daily Update, Earnings, Company Commentary
Exxon Mobil Reports Record Earnings
Exxon Mobil ($72.96, down $1.69) reported earnings that smashed its own record for the biggest profit from a U.S. company,
Daily Update, Sectors
Casino Stocks Make Big Moves
It was only a matter of time before the casino stocks got a lift. The sector has taken a beating
Daily Update, Market Analysis
Market Holds Steady Ahead Of Rate Cut Decision
The market has been in and out of positive territory following yesterday’s huge rally, as the bulls and bears position
Market Analysis, Daily Update
Market Rises On Bargain Hunting
The market staged a furious rally on top of the one it had going in the final hour of trading
Daily Update, Market Analysis
The Camel's Back is Hurting
The straw that might break the camel’s back could be falling today as the market is struggling halfway through the
Daily Update, Company Commentary
Baidu's Profits Rise, Shares Fall
Baidu.com (BIDU, $212.54, down $36.55) tried to stay afloat after reporting spectacular numbers but ended the day 15% lower as