Trade Updates – Monday, December 21, 2009 (AM)
8:50am (EST) Imax (IMAX, $12.54, up $0.05) January 12.50 calls (IMQAV, $0.80, up $0.05) Entry Price: $1.05 (12/15/09) Exit Target: $2.00+ […]
8:50am (EST) Imax (IMAX, $12.54, up $0.05) January 12.50 calls (IMQAV, $0.80, up $0.05) Entry Price: $1.05 (12/15/09) Exit Target: $2.00+ […]
December 2009 | Members 12:50pm (EST) NEW TRADE!!! Amazon.com (AMZN, $132.51, up $4.03) Buy to OPEN AMZN January 145
1:10pm (EST) Imax (IMAX, $12.93, up $0.44) has sold $5 million worth of tickets to Avatar in 12 hours…we gave
9:10am (EST) Futures are pointing towards a higher open this morning following yesterday’s selloff. The Dow ended Thursday with a
12:40pm (EST) The Senate Banking Committee has approved the nomination of Federal Reserve Chairman Ben Bernanke to run the show for
10:35am (EST) Folks, we wanted to give you a quick update on a couple of our positions. We all know
9:00am (EST) Futures are pointing towards a lower open this morning following declines in the overseas markets and a stronger
1:15pm (EST) The bulls got a gift this morning as the consumer price index (CPI) for November showed a benign
9:00am (EST) The market stumbled on Tuesday as a stronger dollar and disappointing economic news were too much for the
12:50pm (EST) The market has held up well despite the less-than-stellar economic news we got today. The dollar is rallying
9:00am (EST) The bulls got some good news yesterday in the form of the Dubai $10 billion “bailout” package and the Dow’s
1:30pm (EST) The market is getting a lift on news that Abu Dhabi has extended $10 billion to Dubai to
9:20am (EST) We have a busy morning and will be back at 1pm with a full market update. Dow futures
9:10am (EST) Imax (IMAX, $12.49, down $0.04) January 12.50 calls (IMQAV, $0.75, down $0.05) Entry Price: $1.05 (12/15/09) Exit
December 2009 | Members 1:10pm (EST) Imax (IMAX, $12.93, up $0.44) January 12.50 calls (IMQAV, $1.00, up $0.25) Entry
December 2009 | Members 12:40pm (EST) Imax (IMAX, $12.25, down $0.28) January 12.50 calls (IMQAV, $0.70, down $0.10) Entry
December 2009 | Members 9:00am (EST) Imax (IMAX, $12.53, down $0.40) January 12.50 calls (IMQAV, $0.95, down $0.10) Entry
9:00am (EST) General Mills (GIS, $68.93, down $0.13) December 70 calls (GISLN, $0.45, down $0.05) (1/2 positions) Entry Price: $0.50 (12/10/09)
December 2009 | Members 12:50pm (EST) NEW TRADES!!! Imax (IMAX, $12.95, down $0.02) Buy to OPEN January 12.50 calls
9:20am (EST) General Mills (GIS, $69.06, up $0.33) December 70 calls (GISLN, $0.50, up $0.05) (1/2 positions) Entry Price: $0.50 (12/10/09)
December 2009 | Members 1:30pm (EST) General Mills (GIS, $69.17, up $0.11) December 70 calls (GISLN, $0.55, up $0.05) (1/2
1:10pm (EST) The bulls are looking to end the week on a high not as they have pushed the market
9:05am (EST) The bulls got a decent jobless claims number yesterday and used it to push the market higher as the Dow
1:10pm (EST) The bulls are looking for their own 2-day winning streak as they have pushed the market higher today. The bears pushed
9:10am (EST) The bulls were feeling good before the bell yesterday as it appeared they were going to halt their
1:15pm (EST) The market seemed like it was on hold as we awaited word on what President Obama had to
9:00am (EST) The market had a lousy Tuesday and it was one of them days where you just knew we
1:10pm (EST) The market is treading water today as all three major indexes are in the red. The Dow is
9:10am (EST) The market struggled with direction yesterday and ended mixed as both the bulls and bears seemed content staying
1:05pm (EST) The market is looking for direction today as well as the U.S. dollar. The bulls didn’t let the
9:05am (EST) We told you the market always looks ahead… Futures are pointing towards a slightly lower as Wall Street gets nervous
9:05am (EST) General Mills (GIS, $68.73, up $0.13) December 70 calls (GISLN, $0.45, up $0.05) (1/2 positions) Entry Price: $0.50 (12/10/09)
December 2009 | Members 1:10pm (EST) General Mills (GIS, $69.10, up $0.37) December 70 calls (GISLN, $0.55, up $0.10) (1/2
9:10am (EST) Celgene (CELG, $53.73, down $0.59) January 55 calls (LQHAK, $1.60, down $0.45) Entry Price: $1.55 (12/08/09) Exit
December 2009 | Members 1:10pm (EST) NEW TRADES!!! General Mills (GIS, $68.84, up $0.24) Buy to OPEN December 70
9:00am (EST) Celgene (CELG, $54.32, down $1.21) January 55 calls (LQHAK, $2.05, down $0.75) Entry Price: $1.55 (12/08/09) Exit
December 2009 | Members 1:15pm (EST) Celgene (CELG, $53.23, down $1.09) January 55 calls (LQHAK, $1.55, down $0.50) Entry
December 2009 | Members 1:10pm (EST) Celgene (CELG, $54.24, down $1.29) January 55 calls (LQHAK, $1.95, down $0.85) Entry
9:05am (EST) Gilead Sciences (GILD, $46.59, up $0.33) January 50 calls (GDQAJ, $0.50, up $0.10) Entry Price: $0.55 (12/04/09) Exit
December 2009 | Members 1:05pm (EST) Gilead Sciences (GILD, $46.77, up $0.18) January 50 calls (GDQAJ, $0.50, flat) Entry
1:30pm (EST) “Momma’s got a squeezebox she wears on her chest and when Daddy comes home he never gets no
9:15am (EST) Futures are pointing towards a higher open after the market got a great non-farm payroll report this morning.
1:10pm (EST) One job you do not want is Ben Bernanke’s job… It’s rare we get caught up in watching
9:20am (EST) It was another choppy session on Wall Street as the market ended Wednesday mixed. The Dow fell 19
1:10pm (EST) Folks, there is more action in our Members Area than a poker table on payday. Trading is choppy
12:00pm (EST) Current subscribers, please check the Members Area or your email for two new trades today. We will be
It’s as if the Dubai news never happened… The market picked up more momentum on Tuesday, as the Dow added 126
Return to Members Last Updated: December 1, 2009 3:03 PM EST Sirius XM (SIRI) December 1 calls (QXOLA) Entry Price:
1:10pm (EST) The bulls have pushed the market back to pre-Thanksgiving highs as the Dow is enjoying a 118 point
9:10am (EST) The market managed to end the month of November with a slight gain as the Dow added 35
1:00pm (EST) It’s been another battle today as both bulls and bears struggle to gain momentum. The Dow opened with
9:05am (EST) Futures are pointing to a lower open this morning as Wall Street tries to balance concern about fallout from Dubai’s
Return to Members Tuesday, December 1, 2009 Wednesday, December 2, 2009 Thursday, December 3, 2009 Friday, December 4, 2009 Monday,
December 2009 | Members 1:30pm (EST) Gilead Sciences (GILD, $46.72, up $0.46) January 50 calls (GDQAJ, $0.55, up $0.10)
9:20am (EST) Special Notice: Folks, I have been doing a lot of thinking with the stock service we just started
December 2009 | Members 1:10pm (EST) A123 Systems (AONE, $18.04, up $0.28) January 20 calls (ZKQAD, $1.00, up $0.05)
December 2009 | Members 2:00pm (EST) Folks, we have decided to add American Sierra Gold (AMNP, $0.89,
9:10am (EST) CURRENT TRADE DryShips (DRYS, $6.12, down $0.07) Entry Price: $6.21 (11/30/09) Exit Target: $7.21 Return: -1% Stop
December 2009 | Members 1:10pm (EST) CURRENT TRADES DryShips (DRYS, $6.28, up $0.16) Entry Price: $6.21 (11/30/09) Exit Target:
November 2009 | Members 3:25pm (EST) Folks, we profiled an American International Group (AIG, $28.19, down $5.11) this afternoon
3:05pm (EST) We wanted to wait until the market closed to give today’s mid-day update. The market absorbed the Dubai
8:35am (EST) Folks, we are looking at a NASTY open this morning. After pushing the major averages to new highs
11:10am (EST) We were betting on a good housing number this morning and we got it. The Commerce Department reported sales
9:00am (EST) To quote a famous football coach of the Green Bay Packers back in the day… “What the hell
12:45pm (EST) The market is has come off its morning lows but is still in negative territory for the day.
9:10am (EST) The market bounced back in strong fashion yesterday as the bulls snapped a three-day slide and took the
12:45pm (EST) The market is off to a strong start this week and we called it right in the Weekly
9:00am (EST) The futures are pointing towards a higher open this morning as the dollar continues to weaken. The bulls will try to snap
November 2009 | Members Happy Thanksgiving! See you tomorrow! ]]>
8:35am (EST) Special Note: Due to the nature of the market’s volatility, we are lifting all stop limits and
November 2009 | Members 3:05pm (EST) We DID NOT get into the HSBC Holdings (HBC, $58.46, down $3.61) trades.
November 2009 | Members 9:00am (EST) NEW TRADE!!! (Quotes from Tuesday’s close) KB Home
November 2009 | Members 9:10am (EST) Hewlett-Packard (HPQ, $51.02, up $0.98) December 55 calls (HPQLK, $0.31, up $0.15) Entry
9:00am (EST) CURRENT TRADES (quotes are from Friday’s close) Microsoft (MSFT, $29.62, down $0.16) December 30 calls (MSQLF, $0.58, down $0.12)
November 2009 | Members 12:45pm (EST) NEW TRADE!!! Hewlett-Packard (HPQ, $50.82, up $0.78) Buy to OPEN December 55 calls
11:40am (EST) “I got 99 problems but the market ain’t one”… Man, what a week. We wanted to do today’s
9:15am (EST) The bears finally put up a fight on Thursday just as the major averages were busting through “resistance” but we
1:30pm (EST) We date options, we don’t marry them… The market is getting punished today after getting some unpleasant economic news
9:15am (EST) We could hardly wait to get this morning’s news out. We have a lot of stuff we want
One of the most frequently asked questions I get from friends and associates concerns option position sizing and how much
1:00pm (EST) The market is struggling today but the major averages are holding the support levels we mentioned this morning.
9:05am (EST) The biggest thing we took away from yesterday’s action in the market was the S&P 500 holding the
1:15pm (EST) The market is a little choppy today and is trying to make a comeback as we go to
9:05am (EST) The market got off to a great start on Monday after a better-than-expected rebound in retail sales helped
12:45pm (EST) The bulls are pushing the market higher today although Bernanke just took the podium and said “significant economic
9:10am (EST) Lots of breaking news this morning… Retail sales grew 1.4% in October, after a 1.5% gain in September
9:15am (EST) FedEx (FDX, $82.48, down $1.23) December 90 calls (FDXLR, $0.80, down $0.35) Entry Price: $1.40 (11/17/09) Exit: $0.70 (11/19/09)
November 2009 | Members 11:40am (EST) UPDATE! Microsoft (MSFT, $29.60, down $0.17) December 30 calls (MSQLF, $0.56, down $0.14) Entry
9:15am (EST) FedEx (FDX, $83.71, down $1.55) December 90 calls (FDXLR, $1.15, down $0.30) Entry Price: $1.40 (11/17/09) Exit Target: $2.80
November 2009 | Members 1:30pm (EST) CURRENT TRADES FedEx (FDX, $82.05, down $1.66) December 90 calls (FDXLR, $0.80, down $0.35)
November 2009 | Members 9:05am (EST) FedEx (FDX, $85.26, up $0.46) December 90 calls (FDXLR, $1.45, flat) Entry Price:
9:05am (EST) NEW TRADES!! Trade #1 FedEx (FDX, $84.80, up $2.83) Buy to OPEN December 90 calls (FDXLR, $1.45, up
November 2009 | Members 1:15pm (EST) FedEx (FDX, $85.26, up $0.46) December 90 calls (FDXLR, $1.55, up $0.10) Entry
9:10am (EST) NEW TRADE!!! Microsoft (MSFT, $29.63) Buy to OPEN MSFT December 30 calls (MSQLF, $0.65) Over 3,300 traded hands
November 2009 | Members 12:45pm (EST) CURRENT TRADES Microsoft (MSFT, $29.73, up $0.10) December 30 calls (MSQLF, $0.65,
12:15pm (EST) Looks like we missed the Walt Disney (DIS, $30.38, up $1.33) trade… One of the best things about
9:15am (EST) Abercrombie & Fitch (ANF, $36.76) is up 5% this morning in pre-market trading after beating Wall Street’s earnings
12:50pm (EST) Intel (INTC, $19.88, up $0.04) and Advanced Micro Devices (AMD, $6.51, up $1.19) have buried the hatchet after
9:15am (EST) Wal-Mart (WMT, $52.97) reported 3Q earnings before the bell that came in better than Wall Street’s expectations. The