When the Walls, Come Tumbling Down
9:10am (EST) It was a crazy day at the office to say the least and we topped it off by […]
9:10am (EST) It was a crazy day at the office to say the least and we topped it off by […]
1:30pm (EST) No one knows when the Financial stocks will bottom and we doubt we have seen the lows for
9:00am (EST) The bulls got off to a strong start on Monday following decent gains from the overseas markets but
12:55pm (EST) The market is getting a lift today as the bulls push resistance following a 4-week losing streak but
9:00am (EST) Chalk another week up to the bears, as weak economic news and less-than-stellar earnings continued to weigh on
9:05am (EST) Sony (SNE, $20.35, down $0.06) September 20 puts (SNE110917P00020000, $0.85. flat) Entry Price: $0.75 (8/22/11) Exit Target: $1.50
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Sony (SNE, $20.41, down $0.59) September 20 puts (SNE110917P00020000, $0.85. up $0.20) Entry Price: $0.75 (8/22/11) Exit Target:
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:10am (EST) The Dow surged 322 points, or 3%, and settled at 11,176. The index went out at its highs
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Other 2011 Portfolio OPEN positions (7): These are trades that are still open in the portfolio that have
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
1:30pm (EST) The market has traded on both sides of the ledger today as the bears were able to push
9:10am (EST) The bulls got rocked on Thursday following a selloff around the globe as Europe’s troubles made headlines again.
1:35pm (EST) Futures were pointing towards a weak open here at home when the overseas markets opened this morning and
9:00am (EST) The bulls were enjoying early gains on Wednesday as they tried to crack another level of resistance but
2:10pm (EST) The bulls were motivated to start today’s session higher following Tuesday’s setback and quickly gained the momentum to
9:00am (EST) The market spent all of Tuesday in negative territory as the bears finally got back in the win column following
1:00pm (EST) The bulls were behind the 8-ball this morning as the bears broke first to start today’s trading session.
8:40am (EST) The bulls started off the week in rally mode as they powered the major indexes past their first level
1:40pm (EST) The bulls are looking to extend their winning streak to three straight sessions and have a pretty good
9:00am (EST) Down, up, down, up, up, bears win. That pretty much sums up last week’s action in the market
9:10am(EST) Rambus (RMBS, $10.85, down $0.90) September 9 puts (RMBS110917P00009000, $0.45, up $0.20) Entry Price: $0.55 (8/10/11) Exit Target: $1.10+ Return:
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Rambus (RMBS, $11.75, up $0.01) September 9 puts (RMBS110917P00009000, $0.30, up $0.05) Entry Price: $0.55 (8/10/11) Exit Target: $1.10+ Return:
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) SodaStream International (SODA, $38.63, down $11.72) September 55 calls (SODA110917C00055000, $1.00, down $2.45) Entry Price: $1.80 (8/16/11) Exit
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Down, up, down, up, up, bears win. That pretty much sums up last week’s action in the market
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
1:50pm (EST) The bulls are trying to finish the week with a bang but still have some work to do
9:00am (EST) The bulls and bears traded blows once again on Thursday, this time the bulls won yesterday’s round as
1:30pm (EST) The bulls are holding their gains and are pushing the market higher as we head into the second
9:05am (EST) The theme on Wall Street continues to be volatility and Wednesday it was the bears’ turn to go
1:45pm (EST) The market continues to see-saw as Europe’s woes came back in focus today on the possibility of a
9:00am (EST) Although there was volatility on Tuesday, the bulls bounced back in a big way despite the bears best efforts
2:15pm (EST) With the bulls struggling to hold the rebound, we have made some adjustments to one of our current
12:15pm (EST) The market opened higher as expected this morning and we have been watching the action to gauge how
9:00am (EST) They say history likes to repeat itself and the market is no different when it comes to this philosophy.
1:05pm (EST) The market is reeling following Friday’s downgrade by Standard & Poor on the U.S. government’s AAA credit rating.
9:00am (EST) Whew. What a week. Wall Street went down again in dramatic fashion following continued global concerns as the bears
7:00pm (EST) We wanted to give everyone a quick update on the futures market. As you probably may have heard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
1:10pm (EST) We are going o be long-winded this afternoon and hopefully we get a lot of questions answered. Folks,
9:00am (EST) It was another brutal day for the bulls and one that reminds everyone of 2008 all over again.
12:15pm (EST) It has been a tale of two different tapes today for a couple of companies which reported earnings
9:00am (EST) We love using fancy words from time-to-time and yesterday we got to use one that we only get to
1:30pm (EST) Futures were pointing towards a slightly higher open but Wall Street seemed confused after conflicting reports on jobs.
9:00am (EST) I been to the edge And there I stood and looked down You know I lost a lot
1:50pm (EST) The two words we have typed a 1,000 times over the past two weeks are finally being laid
9:00am (EST) If the volatility in July gave you heartburn then take another shot as things could get even crazier
1:10pm (EST) Futures were pointing towards a strong open at the bell but when we saw they were down from
8:45am (EST) The bulls started the week facing pressure from the previous weekend after a proposed plan to cut the
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00am (EST) Spider S&P 500 (SPY, $128.78, down $0.55) August 135 calls (SPY110820C00135000, $0.35, down $0.35) Entry Price: $0.95 (7/27/11)
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
9:00pm (EST) The bulls started the week facing pressure from the previous weekend after a proposed plan to cut the
August 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
Back to Members Monday, August 1, 2011 Tuesday, August 2, 2011 Wednesday, August 3, 2011 Thursday, August 4, 2011 Friday,
12:45pm (EST) This morning’s open wasn’t as bad as most of the talking heads were predicting but we were prepared
9:00am (EST) The market traded in a somewhat tight range on Thursday with the bulls winning the battle for the majority
1:20pm (EST) The market is seeing green today for the first time all week as all three of the major
9:05am (EST) The bears made it 3-in-a-row on Wednesday and stretched major support levels after another wasted day on Capitol Hill and
1:10pm (EST) Despite a choppy market, Initial Public Offerings (IPO’s) are hot this week as we have counted at least
9:00am (EST) The bulls started Tuesday’s session playing catch-up once again after the market open lowered over the “lack of urgency” in
12:40pm (EST) The market is continuing its slow drift lower as the debt ceiling debate in Washington carries on with
9:00am (EST) The bears did a little damage on Monday as the circus in Congress continued on after the Republicans and
1:05pm (EST) Despite no deal to raise the U.S. debt limit, the market has held up rather well as the
9:00am (EST) The market was facing a fork in the road going into the start of last week. The bulls
9:00am (EST) Spider S&P 500 (SPY, $130.22, down $0.28) August 135 calls (SPY110820C00135000, $0.75, down $0.05) Entry Price: $0.95 (7/27/11)
July 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
July 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
Continued… The S&P 500 gave up a six-pack, or 0.4%, and closed at 1,332. The index dipped to 1,329 but held the 1,325 level which
July 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
July 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
July 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
Continued… On that note, Friday’s action was mixed as the Dow fell 43 points to end at 12,681. The index
1:20pm (EST) Futures were pointing towards a sluggish start this morning and we kind of had a feeling the market
9:00am (EST) We mentioned yesterday the bulls looked as though they were going to go for broke. The market was
12:55pm (EST) We have been calling for the market to make new highs in July while most of the talking
9:00am (EST) Go figure. On a day the Financial stocks actually showed some strength, Tech lagged along with several other
1:05pm (EST) The bulls got off to a good start this morning after stellar earnings from Apple (AAPL, $387.51, up
9:00am (EST) Raise your hand if you know who or what the “Gang of Six” is. It’s been a couple
1:00pm (EST) Futures were pointing towards a big open on better-than-expected economic news and strong earnings from some of America’s
9:00am (EST) The bulls were behind the 8-ball for much of Monday’s session as there was no follow-through from Friday’s pop to help
1:15pm (EST) Futures were pointing towards a rough open this morning as continued concerns over Europe and U.S. debt continue
9:00am (EST) The bears started the week by pushing the market lower on renewed debt concerns over Italy which quickly
July 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
July 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard
July 2011 | Members Please remember, ALL “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard