Abercrombie & Fitch Update
1:10pm (EST) Here’s the deal. Abercrombie & Fitch (ANF, $25.99, down $0.50) has broke below $26 and the July 25 […]
1:10pm (EST) Here’s the deal. Abercrombie & Fitch (ANF, $25.99, down $0.50) has broke below $26 and the July 25 […]
11:00am (EST) Today is one of those rare days in the market that only happens four times a year. It’s
12:20pm (EST) Our favorite corporate raider, Carl Icahn, is at it again. This time he is targeting Lions Gate Entertainment
9:00am (EST) In the past, I have talked about keeping Watch Lists and today I wanted to expand on this
It was another struggle for the bulls as Wall Street ended Wednesday’s session with mixed reviews. The President had a
10:20am (EST) This morning I talked about looking for setups on trades and profiled Abercrombie & Fitch (ANF, $26.40, up $0.60). The
9:15am (EST) What a rough two days it has been. The Dow has dropped 300 points and it is funny
12:45pm (EST) Rambus (RMBS, $18.27, up $0.88) is up another 5% today and is adding on to Friday’s gain of
12:10pm (EST) Three servers went down on the NYSE and trading in Exxon Mobil (XOM, $73.50, down $0.55), General Electric
Bank of America (BAC, $12.97, up $0.99) was all over the news Thursday as its CEO, Ken Lewis, was the
11:30am (EST) If you haven’t signed up for our new trading service, here is a sample of what you’re missing:
(I knew I was sleep-blogging last night/ this morning when I mentioned the Dow futures were up 80…) The market
4:00am (EST) It’s no secret I have been the last standing bull that I can find in my circle of
If you are watching the pre-market trades this morning you will notice that Green Mountain Coffee Roasters (GMCR, $63.36, down
10:00pm (EST) The bulls are back in town. Well, they never left really. The bears came up swinging Monday after
11:00am (EST) The response to our new trading service was overwhelming. Thank you. Due to the high volume of orders,
Just a reminder, our new trading service, WinningWithOptions.com, has now launched and we are taking subscriptions. We are excited to
10:00am (EST) The euphoria wore off quickly as Wall Street started to digest the unemployment numbers. The Dow reached a
8:15am I’m starting this blog before the Jobs Report comes out… The Labor Department will release figures that are expected
10:00pm (EST) I have a couple pieces of good news for everybody tonight. The first one is obvious as Dendreon
12:30pm (EST) It seems the bulls are back in town today as the market has held positive territory for most
2:00am (EST) It seems like nothing can get in Apple’s (AAPL, $140.95, up $1.46) way. Despite a crummy Wednesday that
TiVo (TIVO, $10.70, up $3.32) shares hit a 52-week high today after a judge ruled that Dish Network (DISH, $15.56,
I’ve got a lot to cover about our new service but I wanted to go over the trades that I
2:20pm (EST) General Motors (GMGMQ, $0.58, down $0.17) has a new stock symbol after it was suspended from the New
11:00am (EST) Dendreon (DNDN, $24.08, up $0.66)has been trending higher for the last week and all of the hoopla that
9:15am (EST) Out with the old, in with the new. Sorta. The Dow managed to extend its May gains with
11:30am (EST) I have been getting a ton of emails this morning on the trades I profiled on Ford Motor
9:30am (EST) Like cotton on sheep, the bulls are all over the opening bell. The Dow just opened and is
1:30pm (EST) Just wanted to add something to the blog below. The GM June 1 puts (GMVR, $0.61, up $0.07)
9:50am (EST) The Commerce Department’s reported first-quarter gross domestic product showed the economy contracted by 5.7% which was an improvement
9:00pm (EST) Home Depot (HD, $22.70, down $0.63) and Lowe’s (LOW, $19.02, down $0.61) lost 3% after a report showed
7:30am (EST) Blue Coat Systems (BCSI, $16.00, down $0.54) was scheduled to report earnings after the bell on Wednesday but
10:30am (EST) Apple (AAPL, $133.28, up $2.50) gained 7% yesterday and is up another 2% this morning following an analyst
12:30pm (EST) I had mentioned in the Weekly Wrap that home prices were falling but was a little surprised to
10:30am (EST) The market got a huge lift this morning after consumer sentiment rose in May to the highest level
We’ve got some exciting news to tell you about and some of the changes we are making here at OptionsMentoring.com.
12:30pm (EST) OceanFreight (OCNF, $1.88, up $0.09) had its 15-minutes of fame as the stock hit a high of $2.10
10:15am (EST) Freeport-McMoRan (FCX, $51.81, up $2.29) has been on a major roll since March and is up another 5%
9:00am (EST) Cisco Systems (CSCO, $18.88, up $0.16) made a run over $19 as the July 19 calls (CYQGA, $0.98,
7:45pm (EST) Note: There was a problem with the Weekly Wrap sent out on Sunday night and I apologize if
11:00pm (EST) I’ve gotten quite a few emails asking about India’s stock market (Bombay Stock Exchange) after it zoomed 17%
8:25am (EST) Before we started the blog, I was doing articles for OptionsMentoring.com and was fortunate enough to write about
8:00pm (EST) Cisco Systems (CSCO, $18.72, up $0.80) had a super day as it added nearly 5% and closed near
12:45pm (EST) ExxonMobil (XOM, $70.55, up $1.44) made it back over $70 today and is looking strong. The June 75
10:45am (EST) Although Lowe’s (LOW, $19.37, up $0.92) reported a 20% drop in profits, they managed to beat Wall Street’s
1:05pm (EST) The Las Vegas Sands (LVS, $9.32, down $0.11) September 12.50 calls (LVSIC, $1.80, down $0.22) have fallen below
11:15am (EST) Although the market is slightly higher this morning, it certainly looks like we are going to finish the
11:45am (EST) After three days of losses, the Nadaq is joining the Dow and is trading higher today. The Dow
1:00pm (EST) It’s been a tough week if you were bullish on the market trading higher. As we head into
9:15am (EST) Here is a quick rundown of what we have going on: Barrick Gold (ABX, $35.10, up $1.46) May
1:00pm (EST) On April 21st, I mentioned Barrick Gold (ABX, $34.85, up $1.21) and how the safety of gold could
11:00 am (EST) Wells Fargo (WFC, $25.88, down $1.65) is getting whacked today and we got some great entry prices
9:00am (EST) Now that the stress test has come and gone for the banks, it didn’t take long for the
1:40pm (EST) Priceline.com (PCLN, $107.27, up $2.37) reported earnings this morning that were better-than-expected. The stock has doubled from its
1:15pm (EST) General Electric (GE, $14.50, up $0.54) has turned around and the May 15 calls (GEWEH, $0.20, up $0.09)
11:15am (EST) The unemployment numbers really threw a monkey wrench in this morning’s trading plan and despite the Dow’s best
3:00am (EST) I was up late last night working on a few trades that I might deploy this morning when
11:20am (EST) Bank of America (BAC, $14.60, up $1.91) touched $15 earlier this morning and the June 13 calls (BYOFM,
9:20am (EST) The financials stocks rallied yesterday and one particular trade we had on our Watch List was a play
1:30pm (EST) I have mentioned Imax (IMAX, $6.86, down $0.12) here in the blog numerous times and most recently on
9:00am (EST) I spent much of yesterday just catching up on news that I missed and getting a feel for
Sometime After Midnight (EST) Dendreon (DNDN, $21.53, up $0.15) has been in a funk since the “big announcement” of its
10:00am (EST) Looks like we have a tiger by the tail. Marvel Entertainment (MVL, $33.32, up $2.22) is is up
9:20am (EST) Time sure does fly by when you are on vacation. Good food, great music, and super people. Jazz
11:00am (EST) I’m heading out on vacation so here is the breakdown on all of the current trades and what
9:00am (EST) Dendreon (DNDN, $27.86, $16.05) is up 135% this morning after trading higher in last night’s after-hours market. The
3:30pm (EST) While we are waiting on the Dendreon news, I thought I would take a quick second to talk
2:45pm (EST) Here is the latest on Dendreon (DNDN, $11.81, down $1.84): **4.1 month median extended survival rate **Increased 3-year
1:45pm (EST) Dendreon (DNDN, $11.81, down $1.84) was halted at 1:30pm and I’m working hard to see get the breakdown
11:45am (EST) Dendreon (DNDN, $24.00, up $2.45) got another pop after a live report from the American Urological Association’s (AUA)
12:05pm (EST) The market has turned positive after a weak open as worries over a possible global flu outbreak makes
12:45(pm) EST Dow 8,131. That is the number bulls are looking for. After an up and down week, the Dow
9:10am (EST) NetApp (NTAP, $18.36, down $0.48) has had a great week and I wanted to update the two trades
1:05pm (EST) IBM (IBM, $100.22, down $2.33) has slipped below $100 today and I’ve decided it’s time to move on.
11:20am (EST) As an option trader there are certain things you can and cannot control when it comes to the
9:15am (EST) Look for some news on Friday with some of the government’s top brass meeting to talk the upcoming
eBay (EBAY, $14.78, up $0.49) announced its earnings dipped over 20% after the bell but their numbers still beat Wall
12:15pm (EST) NetApp (NTAP, $18.65, up $0.61) is having a sweet day as cloud computing and takeover talk continue to
11:20am (EST) Amazon.com (AMZN, $81.10, up $2.36) had some good news after the bell last night which has helped push
8:40am (EST) I’ve been talking about the Tech rally for over a month now which has helped the Nasdaq post
12:05pm (EST) The Dow has made a nice rebound from yesterday’s shellacking and is currently up 72 points to 7,914.
9:00am (EST) Futures are actually positive this morning as I prepare this post for Tuesday’s Tidbits (my time is 1:30am
5:30 pm (EST) It seems the bears are starting to like Monday’s and today was no different. In what has
10:40am (EST) Amazon.com (AMZN, $77.95, down $0.10) opened higher this morning after an upgrade but has given back most of
10:20am (EST) Quick note. Thanks for all of the emails and success stories you shared with me on the Dendreon
9:15am (EST) It looks like another busy day today… Take-Two Interactive Software (TTWO, $9.86, up $0.45) has done well for
6:50pm (EST) Google (GOOG, $388.74, up $9.24) turned in another great earnings report after the closing bell but shares have
1:30pm (EST) Google (GOOG, $390.13, up $10.63) is up 3% today and I wanted to update the two trades that
12:05pm (EST) With all of the attention being focused on the financials this week, nobody is looking ahead to a
9:20 am (EST) This has been “cheap out-of-the-money option and earning expiration trade week” and it only happens four times
1:50pm (EST) I mentioned a slew of names and trades in the Monday Morning Playbook in the Weekly Wrap Sunday
Citigroup (C, $4.01, up $0.21) was rolling again yesterday morning and managed to trade as high as $4.48 within the
11:00am (EST) After weeks of waiting, Dendreon (DNDN, $18.72, up $11.42) finally announced the news we have been waiting for.
8:30 am (EST) We have about 30 minutes before the Dendreon (DNDN, $7.30, up $1.00) news comes out but here
What a busy day. What a busy weekend. I spent most of the weekend doing the Weekly Wrap as there
1:35pm (EST) The market is making a comeback as the Dow is down only 35 points and is back over
11:00am (EST) Goldman Sachs (GS, $129.08, up $4.75) is pushing higher this morning despite the Dow being off triple-digits. The
8:45am (EST) Dendreon (DNDN, $6.37, down $0.21) has held above $6 all week after hitting a high of $7.35 on