Wednesday, August 15, 2012 (AM)
9:00am (EST) SanDisk (SNDK, $40.53, down $0.37) September 43 calls (SNDK120922C00043000, $0.71, down $0.12) Entry Price: $0.89 (8/14/12) Exit Target: […]
Daily Update
Daily Update
Daily Update
Wednesday, August 15, 2012 (PM)
August 2012 | Members MEMBERS AREA Do not risk more than 5% of your trading account on any one trade
Daily Update
Tuesday, August 14, 2012 (AM)
9:00am (EST) Wynn Resorts (WYNN, $100.13, down $1.70) September 80 puts (WYNN120922P00080000, $0.35, up $0.05) Entry Price: $0.85 (8/2/12) Exit
Daily Update
Tuesday, August 14, 2012 (PM)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Monday, August 13, 2012 (AM)
9:00am (EST) continued… The Dow added 43 points, or 0.3%, to finish at 13,208 on Friday. The blue-chips held the 13,100
Daily Update
Monday, August 13, 2012 (PM)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Trade Update, Daily Update, IPOs, Market Analysis, Company Commentary
G-O-A-L….Bulls Still Up
12:30pm (EST) The bulls came into today’s action with a slight lead for the week but futures were lower by
Daily Update, Market Analysis
Bulls Looking for Weekly Win, So are Bears
9:00am (EST) The summer doldrums continued on Thursday as the market end mixed and near the flat line. The Dow
Market Analysis, Market Commentary, Daily Update, Earnings
Choppy Action Continues
1:40pm (EST) Futures were up a half-percent before the European markets opened but were flat ahead of this morning’s key
Earnings, Strategies, Option Trades, Daily Update
Market Ends Mixed, Priceline.com (PCLN) Drops A Bill
9:00am (EST) The market traded in a tight range on Wednesday as the battle to break or hold resistance continued
Daily Update, Strategies, strangle option trades
First Solar (FSLR) Strangle Option Trade Update
12:20pm (EST) Shares of First Solar (FSLR, $20.91, up $0.31) cleared $20 yesterday and have traded up to $21.69 today.
Market Analysis, Daily Update
Bears Hold Resistance (Again)
9:00am (EST) The bulls got off to another good start on Tuesday and pushed the market higher throughout the day
Daily Update, BioTech
Market Above Resistance, Pfizer (PFE) Slips
1:35pm (EST) Over the years, we have covered quite a few explosive biotech stocks that have made incredible returns for
Daily Update
Rally Fades at Resistance, First Solar (FSLR) Pops
9:00am (EST) The bulls were able to close in the green on Monday, something they haven’t done in 10 weeks,
Market Analysis, Daily Update
Bulls Push Upper Resistance
1:15pm (EST) The bulls are doing their best to end the bears’ 10-week Monday winning streak as the major indexes
Daily Update, Market Analysis, VIX, Option Trades, Trade Update
Bears Banking on Monday
9:00am (EST) “With all the jet-setting events taking place, it does feel like some kind of stimulus package is coming
Daily Update
Friday, August 10, 2012 (AM)
9:00am (EST) continued… The Russell 2000 popped 3 points, or 0.3%, to end at 802.90. The small-caps fell to a
Daily Update
Friday, August 10, 2012 (PM)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Thursday, August 9, 2012 (AM)
9:00am (EST) Wynn Resorts (WYNN, $102.71, up $0.07) September 80 puts (WYNN120922P00080000, $0.40, down $0.05) Entry Price: $0.85 (8/2/12) Exit
Daily Update
Thursday, August 9, 2012 (PM)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Wednesday, August 8, 2012 (AM)
9:00am (EST) The Dow gained 51 points, or 0.4%, to end at 13,168. The blue-chips reached a peak of 13,216
Daily Update
Wednesday, August 8, 2012 (PM)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Tuesday, August 7, 2012 (AM)
The Dow gained 21 points, or 0.2%, to finish at 13,117. The blue-chips traded to a high of 13,187 and
Daily Update
Tuesday, August 7, 2012 (PM)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but
Market Analysis, Economic News, Watch Lists, Weekly Wrap RR, Market Commentary, Trade Update, Daily Update
Bulls Reclaim Week
1:30pm (EST) It has been a week of market moving headlines and this morning was no different following the release
Daily Update
Monday, August 6, 2012 (AM)
9:00am (EST) The Dow zoomed 217 points, or 1.7%, to close at 13,096 on Friday. The blue-chips had fallen below
Daily Update
Monday, August 6, 2012 (PM)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but
Daily Update, Market Analysis, Market Commentary
Bears Going for Clean Sweep
9:00am (EST) The bears continued their vengeance on the bulls following the lack of effort put forth by the ECB
European Union (EU), Daily Update, Market Analysis, Market Commentary
Europe on the Brink
12:35pm (EST) All talk and no action from Mario Draghi leads to a bearish day. We are going to enjoy
Daily Update, Market Analysis, Market Commentary
Fed Does Nada, EuroZone Up Next
9:00am (EST) The bears got their third win in-a-row on Wednesday following a week of hype the Federal Reserve was
Market Analysis, Daily Update
The Real July Numbers
9:00am (EST) The bears won their second straight session on Tuesday after making another clean sweep on the major indexes.
Daily Update, Market Analysis
Bears Scratch at Bulls
9:00am (EST) The market finished lower for the ninth-straight Monday as the bears made a little progress in pushing support
Daily Update, Market Analysis
Market Moves Lower
12:40pm (EST) We’ve had a busy Monday as we have opened two more new trades for our Daily and we
Daily Update, Market Analysis, Market Commentary
Talk is Cheap, Bulls Expecting Action
9:00am (EST) “Europe was relatively quiet but Greece said it would need more money last week and Spain brought the
Daily Update
Friday, August 3, 2012
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Thursday, August 2, 2012
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Wednesday, August 1, 2012 (AM)
9:00am (EST)… As far as the month goes, the talking heads will tell you the bulls won the month as
Daily Update
Wednesday, August 1, 2012 (PM)
August 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Trade Updates – August 2012
Back to Members Wednesday, August 1, 2012 Thursday, August 2, 2012 Friday, August 3, 2012 Monday, August 6, 2012 Tuesday,
Daily Update
Tuesday, July 31, 2012 (AM)
9:00am (EST) continued… As far as the numbers, the Dow fell nearly 3 points, or 0.02%, to close at 13,073.
Daily Update
Tuesday, July 31, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Monday, July 30, 2012
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Facebook, Daily Update, Earnings, Market Analysis, Market Commentary
Dow Trips 13,000/ FaceBook (FB) Taps New Lows
1:45pm (EST) The news Wall Street has been dying to hear finally arrived after Thursday’s close as FaceBook (FB, $24.07,
Earnings, Market Analysis, Company Commentary, Daily Update
Weekly Win Still Up For Grabs
9:00am (EST) The bulls were able to push the top of the current 3-month trading range as continued hopes of
Market Analysis, Economic News, Market Commentary, Daily Update, Earnings
Zynga (ZNGA) Gets Zapped, Draghi Cries Wolf
1:10pm (EST) The market got a huge bounce this morning after ECB (European Central Bank) President, Mario Draghi, vowed to
Daily Update, Market Analysis, Economic News, Apple, European Union (EU)
Bulls and Bears Split
9:00am (EST) The market ended slightly mixed on Wednesday as rumors of the Federal Reserve acting sooner, rather than later,
Daily Update, Market Analysis
Closing Index Targets
2:30pm (EST) We would like to see a slow fade in the final hour of trading but if the bulls
Earnings, Market Analysis, Apple, Daily Update
Caterpillar (CAT) Throws Bulls a Life Jacket
1:00pm (EST) The market got an opening pop following better-than-expected earnings from Caterpillar (CAT, $80.98, down $0.45) but the rally
Daily Update, Earnings, Market Analysis, Apple, Market Commentary
Bears Take Bite Out of Apple (AAPL)
9:00am (EST) Tech could be in trouble today so let’s go over Tuesday’s numbers real quick. The Dow dropped 104
Daily Update
Tuesday, July 24, 2012 (AM)
Aetna (AET, $37.24, down $0.42) August 36 puts (AET120818P00036000, $0.80, up $0.10) Entry Price: $0.85 (7/10/12) Exit Target: $1.70
Daily Update
Tuesday, July 24, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update, Earnings, Apple
Apple (AAPL) Reports After the Bell
12:00pm (EST) We have a lot to cover today as we get ready for a possible trend change in the
Market Analysis, Market Commentary, Daily Update, Earnings
DeVry (DV) Warns, Shares Tank as Enrollments Drop
9:00am (EST) The bears won their eighth-straight Monday as the market pulled back 1% on renewed Europe worries and a
Daily Update, Market Analysis, VIX, Market Commentary
Bears Getting Grizzly
1:20pm (EST) Futures were down about 0.5% before the European markets opened this morning but got progressively worse before Wall
Daily Update, Earnings, Market Analysis
Bears Loving Monday’s
9:00am (EST) “July option expiration is Friday and over the past decade, the third Friday in July has been bearish
Daily Update
Friday, July 27, 2012 (AM)
9:00am (EST) Dow Jones Industrial Average Spider (DIA, $128.58, up $2.07) September 119 puts (DIA120922P00119000, $0.90, down $0.45) Entry Price:
Daily Update
Friday, July 27, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Thursday, July 26, 2012
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Wednesday, July 25, 2012 (AM)
9:00am (EST) continued… By now, the world knows Apple came up short on its earnings and shares were down $33
Daily Update
Wednesday, July 25, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Monday, July 23, 2012 (AM)
9:00am (EST) continued,,, The Dow dropped 121 points, or 0.9%, to end at 12,822 on Friday. The blue-chips tested the 12,600
Daily Update
Monday, July 23, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but
Earnings, Market Analysis, Market Commentary, Daily Update
Market Pulls Back, Chipotle (CMG) Gets Whacked
12:30pm (EST) We mentioned last week that today could be nasty as July options expiration day has favored the bears
Daily Update, Google, Yahoo / Microsoft, Market Analysis, Market Commentary
Google (GOOG) Beats Estimates, Shares Crack $600
9:00am (EST) The bulls won their third-straight session on Thursday and made another run at upper resistance levels but ran
Earnings, Google, Market Analysis, Daily Update
Bulls Struggling at Resistance
12:35pm (EST) The market got a slight bid at the open as the bulls added some fluff to yesterday’s gains
Daily Update, Earnings
IBM Does it Again
9:00am (EST) The market powered higher for the second-straight session as the bulls made their way back to the top
Earnings, Daily Update
Intel Beats Estimates, IBM on Deck
12:30pm (EST) Intel (INTC, $26.20, up $0.82) reported earnings after the close yesterday and they came in better-than-expected, for the
Daily Update, Market Analysis, Market Commentary
Bulls Rebound as Trading Range Continues
9:00am (EST) The bulls and bears continued trading punches on Tuesday as the market rebounded from Monday’s losses and added
Daily Update, Market Analysis, Economic News
Bears Trying to Hold Resistance
1:50pm (EST) Uncle Ben looks a little nervous today which is not helping the bulls. The market got a nice
Market Analysis, Economic News, Market Commentary, Daily Update
Big Ben at Ten
9:00am (EST) The bears won their sixth-straight Monday as the market fell slightly following Friday’s huge pop. We mentioned before
Daily Update, Earnings, Economic News
Bears Trying to Rebound
12:50pm (EST) The market has traded in negative territory for much of today’s session although the bulls are trying to
Daily Update, Market Analysis, Market Commentary
Big Week for Bulls, Bears and Bernanke
9:00am (EST) “The bulls were on the verge of a breakout last week and we often mention how support and
Trade Update, Daily Update, Earnings, Market Analysis, Trading Tips, Trading Psychology
Bulls Rally Back, Push Resistance
12:45pm (EST) The bears were going for a clean sweep this week but the bulls are pushing resistance, which was
Daily Update
Friday, July 20, 2012 (AM)
9:00am (EST) Aetna (AET, $38.15, down $0.85) August 36 puts (AET120818P00036000, $0.60, up $0.15) Entry Price: $0.85 (7/10/12) Exit Target:
Daily Update
Friday, July 20, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Thursday, July 19, 2012 (AM)
9:00am (EST) continued… Chart at 11:30am: The S&P gained 9 points, or 0.7%, to finish at 1,372. The index traded
Daily Update
Thursday, July 19, 2012 (PM)
July 2012 | Members 12:35pm (EST) continued… This is the third attempt by the bulls since mid-June at a breakout
Daily Update
Wednesday, July 18, 2012 (AM)
9:00am (EST) continued… The Dow gained 78 points, or 0.6%, to end at 12,805. The blue-chips touched a low of
Daily Update
Wednesday, July 18, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Tuesday, July 17, 2012
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Monday, July 16, 2012 (AM)
9:00am (EST) continued… The Dow zoomed 204 points, or 1.6%, to finish at 12,777 on Friday. The blue-chips dipped to 12,606
Daily Update
Monday, July 16, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Market Commentary, Daily Update, Market Analysis
Bears Extend Winning Streak
9:00am (EST) The market followed a similar pattern that has played out all week as the major indexes tested news
Market Analysis, Economic News, Financial Stocks, Daily Update, Earnings
JPMorgan (JPM), Wells Fargo (WFC) On Deck
12:55pm (EST) Futures were down when we started researching the overseas news last night and got progressively worse before the
Daily Update, Economic News
Fed Disappoints, Bears Pile On
9:00am (EST) The was market tension ahead of yesterday’s Federal Open Market Committee (FOMC) Minutes as the major indexes traded
Economic News, Daily Update
Market Anxious for FOMC Minutes
1:30pm (EST) Wall Street futures were up a smidge as we headed to bed last night but the overseas markets
Daily Update, Earnings, Market Analysis
Selling Pressure Picks Up Steam
9:00am (EST) The bears were able to crack another layer of support following our midday update on Tuesday as they
Economic News, Daily Update
Wall Street Choppy Ahead of FOMC News
12:30pm (EST) The bulls got off to a good start and stretched short-term resistance but the bears lassoed them in
Market Commentary, Daily Update, Market Analysis
Bulls Hold Short-term Support
9:00am (EST) The bears did enough during the first half of trading on Monday to get the win as they
Daily Update, Earnings
Alcoa (AA) First Blue-Chip to Report
1:10pm (EST) The bears are picking up where they left off on Friday as futures were suggesting a lower open
Daily Update, Earnings, Market Analysis, Economic News, Market Commentary
Bears Gathering Momentum
9:00am (EST) “We often say markets can become overbought or oversold and that support and resistance can get stretched. While
Daily Update
Friday, July 13, 2012 (AM)
9:00am (EST) Freeport-McMoRan Copper & Gold (FCX, $32.36, flat) August 29 puts (FCX120818P00029000, $0.60, up $0.02) Entry Price: $0.67 (7/12/12)
Daily Update
Friday, July 13, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Thursday, July 12, 2012
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Wednesday, July 11, 2012 (AM)
9:00am (EST) continued… As far as the market, the Dow dropped 83 points, or 0.7%, to finish at 12,653. The
Daily Update
Wednesday, July 11, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Tuesday, July 10, 2012 (AM)
9:00am (EST) JC Penney (JCP, $22.03, down $0.10) August 20 puts (JCP120818P00020000, $0.90, flat) Entry Price: $0.90 (7/9/12) Exit Target:
Daily Update
Tuesday, July 10, 2012 (PM)
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do
Daily Update
Monday, July 09, 2012
July 2012 | Members Do not risk more than 5% of your trading account on any one trade but do