Hello…Ruby Tuesday
11:30 am (EST) The Rolling Stones may have said “goodbye” to Ruby Tuesday (RT, $6.08, up $2.18) but Wall Street […]
Daily Update, Earnings
Daily Update
Daily Update, Market Analysis
Wednesday WakeUp Call
9:00 am (EST) As we head towards the opening bell, the market is trying to open on a higher note
Daily Update, Earnings
Alcoa Reports Wider Loss
4:45pm (EST) Alcoa (AA, $7.79, down $0.12) posted a wider-than-expected loss after the bell when it reported it lost 59
Option Trades, Uncategorized, Daily Update, Earnings, Company Commentary
Toyota Motors Headed Below $70?
11:45 am (EST) Toyota Motors (TM, $73.06, down $0.61) looks like it could be headed below $70 and I like
Option Trades, Daily Update, Market Analysis
Tuesday's Tidbits
9:00 am (EST) I had a busy day on Monday with everything going on but I wanted to update some
Daily Update, Option Trades
Barron's Bites Amazon
11:10 am (EST) Leave it to Barron’s to ruin another one of our trades. Amazon.com (AMZN, $76.17, down $2.00) was
Option Trades, Rick's Account, Uncategorized, Daily Update, Earnings
RIMM Bets Pay Off/ Dendreon Over $5
12:10 pm (EST) Research In Motion (RIMM, $59.10, up $10.01) is stealing the show today as the stock is up
Market Analysis, Option Trades, Daily Update
Friday Morning Notes
We got the curve ball on Monday, today we got the wildcard. The market is headed for a lower open
Daily Update, Company Commentary, Option Trades
Surprise! RIMM Hits $60
We’ve been talking about Research In Motion (RIMM, $49.28, up $3.66) all week and wouldn’t you know it…the stock actually
Option Trades, Rick's Account, Daily Update, Company Commentary
RIMM Update
12:45 pm Research In Motion (RIMM, $49.28, up $3.66) is nearing $50 and oh what a trade it has been
Daily Update, Option Trades
Amazon.com Surging/ Celgene Right Behind
11:30 pm (EST) Amazon.com (AMZN, $76.00, up $2.50) continues its march higher despite another downgrade this morning. Barclays Capital lowered
Daily Update, Stock Earnings, Strategies, Option Trades
On Deck: Research In Motion
Research In Motion (RIMM, $45.62, up $2.51) finished Wednesday’s trading session slightly higher from Friday’s close and I mentioned a
Company Commentary, Option Trades, Rick's Account, Daily Update
End of Day Notes
Celgene (CELG, $38.47, down $5.93) came back up for air after sinking below $37 and managed a close above $38.
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Celgene Update
1:30pm (right coast time) Celgene (CELG, $37.94, down $6.46) dipped below $37 which pushed the April 40 calls (LGHDH, $1.05,
Daily Update, Earnings, Company Commentary, Option Trades
Celgene Gets Whacked
Celgene (CELG, $38.30, down $6.10) is down 14% this morning after offering a disappointing outlook on earnings to Wall Street.
Daily Update, Market Analysis, Option Trades, Rick's Account
Tuesday's Tidbits – Amazon.com
Amazon.com (AMZN, $73.10, up $1.66) is notoriously tight lipped about sales when it comes to Wall Street inquiries and at
Option Trades, Rick's Account, Daily Update, Market Analysis
Bears Rocking Wall Street
Don’t shoot the messenger but we knew it was going to be ugly and after an hour and half into
Daily Update, Market Analysis
Futures Pointing Towards Lower Open
The Dow futures are down 174 points which means we are headed towards a sharply lower open. News that General
Daily Update, Earnings, Market Analysis, Company Commentary, Option Trades, Uncategorized
Weekly Market Wrap for 3/29/09
1. Commentary 2. Research In Motion Earnings Preview 3. Further Gains For First Solar? 4. Earnings 5. Current Trades 6.
Market Analysis, Company Commentary, Strategies, Uncategorized, Option Trades, Daily Update, Rick's Account, Sectors
Why I Love Trading Options
It’s been an exciting week and we have been involved in a bunch of good trades lately. The market has
Daily Update, Earnings, Option Trades
Best Buy Beats Earnings
Best Buy (BBY, $38.76, up $5.30) bashed the cover off the ball and reported earnings that were higher than what
Daily Update, Sectors, Option Trades
Steel Stocks Heating Up, Futures Up
Steel stocks have been performing well lately although I’m not excited about the sector. I liked the action in Wednesday’s
Daily Update, Strategies, Option Trades
Family Dollar Stores Hits Entry Price
It took most of the day but Family Dollar Stores (FDO, $32.10, up $0.82) traded down low enough for us
Daily Update, Strategies, Option Trades
Blackstone Group Could Hit Teens
There has been a lot of chatter about the prospects of Blackstone Group (BX, $8.22, up $0.41) this week and
Option Trades, Daily Update
Family Dollar Stores Could Surprise
Family Dollar Stores (FDO, $31.28, down $0.65) has been in a strong uptrend lately after breaking out above its 20,
Daily Update, Option Trades
Market Takes A Break
After the huge rally we got yesterday, the market traded in somewhat of a narrow range. The Dow opened lower
Daily Update, Option Trades
DryShips in Play
DryShips (DRYS, $5.68, up $0.78) is up nearly 20% and has been strong all day. The stock opened this monrning
Daily Update, Option Trades
Update on Intel
Intel (INTC, $15.52, up $0.87) rallied 6% today which wasn’t hard given the 500-point pop we got in the Dow
Company Commentary, Option Trades, Rick's Account, Daily Update
Best Buy Gets Upgrade
I wanted to update the two trades I mentioned in the Monday Morning Playbook from last night’s Weekly Wrap. Best
Daily Update, Market Analysis
Bernanke Speaking
Miday update…Ben Bernanke is speaking at noon today and the Dow is currently up 11 points to 7,412. It has
Option Trades, Daily Update
Close Smith & Wesson Trade on Friday
I wanted to send out a reminder for those of you who may be following Smith & Wesson Holding Corporation
Uncategorized, Daily Update
Is Dendreon Headed for Double Digits?
Investing in Biotech stocks can be an exciting, yet risky investment. Investing in Biotech options can takes that same risk/
Option Trades, Daily Update, Company Commentary
Bank of America Swells Up
Bank of America (BAC, $7.67, up $1.40) had another fantastic outing as the stock added another 22% today. Talk about
Company Commentary, Mergers and Acquisitions, Option Trades, Rick's Account, Daily Update
IBM in Talks to Buy Some Sunshine
IBM (IBM, $91.95, down $0.96) traded lower today after news this morning that the company was considering buying Sun Microsystems
Daily Update, Market Analysis, Financial Stocks
Market Resumes Winning Ways
After a slow start, the Dow go it in gear and staged another nice rally today. Once again it was
Option Trades, Rick's Account, Daily Update, Market Analysis, Financial Stocks
Drive for Five Ends Short
After a strong start, the market fizzled and ended the day with the short end of the stick. The Dow
Daily Update, Option Trades, Rick's Account
IBM Leads Dow's Charge
IBM (IBM, $92.00, up $1.64) is taking the Dow higher as the index is up 104 points to 7,328. I
Daily Update, Sectors, Option Trades, Rick's Account
JPMorgan Trade Closed
JPMorgan (JPM, $23.75, up $0.55) had another decent day and traded above $24 before finishing Friday’s session 2% higher. The
Option Trades, Rick's Account, Daily Update
It's All About the Financials
What a difference a week makes. If you have been a regular reader of the blog then you know how
Daily Update, Option Trades, Rick's Account
Financials Continue Rally
Financial stocks remain one of the strongest performing sectors in the market today and have helped the Dow get back
Rick's Account, Daily Update, Oil, Option Trades
ConocoPhillips/ Exxon Mobile End Lower
***Full Disclosure*** I closed my position in ConocoPhillips (COP, $37.98, down $0.02) today. We got some bad news this morning
Daily Update, Option Trades
Banking on Bank of America
So is this the bottom for financial stocks? If it is then they made a heck of a bounce on
Earnings, Company Commentary, Option Trades, Daily Update
Market Rebounds, Call Options Up
It was a good day for for the market and it was a great day for us. The Dow surged
Daily Update, Option Trades, Rick's Account
ConocoPhillips/ Exxon Mobile Update
The bulls are having a party today as the Dow is up 253 points to 6,800. The financial stocks are
Mergers and Acquisitions, Daily Update, Company Commentary
Rohm & Haas Gets Sweet Deal
We should have seen this one coming Friday. Sometimes the best trades get overlooked when you are busy managing your
Daily Update, Rick's Account
ConocoPhillips Eyes $40
I just bought 10 contracts to open of the ConocoPhillips (COP, $36.47, up $1.12) March 40 calls (COPCH, $0.58, up
Option Trades, Daily Update
Start Half Positions In IBM
IBM (IBM, $84.44, down $3.04) continues to plunge and we added the April 100 calls (IBMDT, $0.53, down $0.37) to
Daily Update, Option Trades
Playing With Fire
I know we have a lot going on but there is one stock that I have been watching this week
Option Trades, Uncategorized, Daily Update
Start Half Positions In Exxon Mobil
The Dow is taking another blow as the index is down 191 points to 6,684. The S&P is off 23
Daily Update, Option Trades
Start Half Positions In Potash
Potash (POT, $74.94, down $1.76) took a sudden nosedive after hitting a high of $81.49 earlier this morning and opening
Option Trades, Uncategorized, Daily Update
Freeport-McMoran Stages Furious Comeback
We were whipsawed out of the Freeport-McMoran (FCX, $32.31, up $3.90) trade from last Friday when the stock dropped $4
Daily Update, Option Trades
News Flash: GE Opens Above $7, Now Below $6
We got a huge break with the General Electric (GE, $5.97, down $1.04) put options I mentioned last night. The
Daily Update, Option Trades
GE Continues to Plunge
I knew General Electric (GE, $7.01, down $0.59) was in trouble when it fell below $10 a couple of weeks
Daily Update, Option Trades
April Call Option Watch List
Here are a few call options I’m watching. I have listed the options from March but we will probably not
Daily Update, Company Commentary, Option Trades
AutoZone Hits Historic Highs
As expected, AutoZone (AZO, $160.00, up $19.97) is trading at new highs after smashing Wall Street’s estimates. For the quarter,
Daily Update, Market Analysis, Option Trades
Market at 12-Year Lows, What Next?
The Dow fell over 4% Monday and you could tell by the opening bell that we were headed much lower.
Daily Update, Option Trades
Celgene Heads Lower
Celgene (CELG, $42.05, down $2.68) was the only thing that looked good this morning for a trade when the market
Market Analysis, Daily Update
Dow Looks Poised to Fall Below 7,000
Futures are trading substantially lower this morning following more bad news out of the financial sector. The Dow futures are
Uncategorized, Daily Update, Option Trades
Amgen Aching
Amgen (AMGN, $50.08, down $1.15) is no stranger to the blog and we recently closed a trade on some call
Option Trades, Daily Update
Market Bends But Doesn't Break…Yet
The market has held up well despite what the futures were telling us this morning. Before the opening bell, S&P
Daily Update, Stock Earnings, Strategies, Option Trades, Uncategorized
Trade Updates: AZO, BAC, IBM, SWY
Not much has been happening with AutoZone (AZO, $141.08, down $2.80) since I profiled the stock on Tuesday. The March
Daily Update, Option Trades
Safeway Sinks/ IBM Moving
The trade in Safeway (SWY, $18.54, down $2.58) is paying huge dividends this morning. I did a write-up yesterday around
Daily Update, Option Trades
Is Safeway Safe?
I’ve been thinking of doing a trade on Safeway (SWY, $21.13, up $0.62) with earnings due out on Thursday before
Daily Update, Earnings, Option Trades
NewsFlash: First Solar Gets Whacked in After-Hours
I mentioned in the Weekly Wrap on Sunday night that I was watching First Solar (FSLR, $137.68, up $12.84) as
Daily Update, Strategies, Option Trades
Research In Motion Stopped Out
Research In Motion (RIMM, $38.99, up $1.57) is up 4% today and has made a run back to $40. This
Daily Update, Option Trades
AutoZone in the Zone
AutoZone (AZO, $143.60, up $1.72) continues to defy critics as its stock races towards fresh 52-week highs. On Monday, the
Daily Update, Oil
Dow Falls 250
The Dow took another step closer to falling below 7,000 yesterday as bears took control of the market shortly after
Daily Update, Option Trades
General Electric Hitting New Lows
General Electric (GE, $8.90, down $0.48) continues to set new 52-week lows after falling below $10 last week. Wow. It
Daily Update, Option Trades
Citigroup Gets Boost, Futures Up
Futures are up sharply this morning after news surfaced late last night that the government will increase its stake in
Daily Update, Option Trades
Gold Hits $1,000
Gold has topped $1,000 an ounce this morning, rising $23.80, or 2.4%, to $1,000.30. The last time gold topped $1,000
Uncategorized, Daily Update
Dow Falls Below 7500
Research in Motion (RIMM, $41.87, down $0.23) is trading lower again this morning and has hit a low of $40.97.
Google, Gold, Yahoo / Microsoft, Strategies, IPOs, Financial Stocks, Market Analysis, Watch Lists, VIX, Apple, Oil, Option Trades, Commodities, Daily Update, Economic News, Sectors, Company Commentary, Stock Earnings, Earnings, Mergers and Acquisitions
Blog 500!
Well folks, its been nearly a year since we started the blog and today’s entry is my 500th. I guess
Daily Update, Option Trades
Research in Motion Continues Sell-Off
Research in Motion (RIMM, $43.22, down $1.42) is down another 3% today and its chart looks like a train wreck
Option Trades, Daily Update, Market Analysis
Market Struggling to Stay Positive
The Dow started the morning off in positive territory and has been up and down ever since after waiting to
Daily Update, Market Analysis, Uncategorized
Night Owls Calling
Just checking in on the futures…I must be sleepwalking. At 1AM right coast time, the Dow futures are up 54,
Daily Update, Market Analysis, Option Trades
Dow Testing November Lows
It was a nasty day for the market as the Dow tanked nearly 300 points to close at 7,552. The
Daily Update, Option Trades
Bank of America Update
Yesterday morning before the marlet opened, I had mentioned a couple of March call options for Bank of America (BAC,
Option Trades, Daily Update, Market Analysis
Nasdaq Turns Positive
It has been a tough morning for the market as the three major indexes are mixed. Wall Street is still
Daily Update, Gold, Option Trades
Spider Gold Shares Rally
Spider Gold Shares (GLD, $93.21, up $3.00) are finally rallying after a couple of weeks of doing nothing. Gold started
Uncategorized, Daily Update, Market Analysis
Dow Plunges on Uncertainty
The market hates uncertainty and Tuesday all Wall Street could do was watch with despair as stocks were sent plunging.
Option Trades, Daily Update
Amgen Stopped Out
Yeap, I jinxed us. In fact, I jinxed the entire market. I had mentioned Amgen’s (AMGN, $57.41, down $1.33) eight-day
Daily Update, Option Trades
Dow Dips Below 8,000
Yes, I’m working overtime today. But today is important and I wanted to make a few observations for those of
Option Trades, Daily Update
Trade Updates: Google Stop Hit/ Akamai Technologies Pops Higher
Google (GOOG, $372.97, down $5.80) is trending lower this morning and the party is over for our February 370 calls
Daily Update, Company Commentary
Intel and Cisco Systems Planning for Future
Cisco Systems (CSCO, $16.50, down $0.35) completed a $4 billion debt sale on Monday raising speculation that the company is
Daily Update, Option Trades
Amgen Continues March Higher
Amgen (AMGN, $58.74, up $0.71) continued its winning streak on Monday as the stock made it eight-in-a-row. Shares are benefiting
Daily Update, Google, Option Trades
Sohu.com Helps Google Continue Its Rally
Sohu.com (SOHU, $49.30, up $3.69) is up 8% today after announcing earnings that beat Wall Street’s expectations. The Chinese Internet
Option Trades, Daily Update
Financials Open Strong
The financial stocks opened strong this morning despite the fact that futures were sharply lower this morning. Also, the $700
Daily Update, Option Trades
Intra-Day Alert
With 15 minutes left in the trading session, the financial stocks are going gangbusters. Bank of America (BAC, $6.15, up
Option Trades, Daily Update
Should've, Would've…Didn't
Have you been noticing the move in Goldman Sachs (GS, $92.85, up $4.88) this week? The stock is up $12
Daily Update, Option Trades
Netflix Stalling at $38
Neflix (NFLX, $37.47, up $0.62) has managed to trend higher all week but keeps facing serious resistance at $38. Shares
Daily Update, Company Commentary, Gold, Option Trades
Bernie Stole Kevin's Bacon
The buzz on Wall Street this morning is the availability of the just released list for the thousands of victims
Option Trades, Daily Update
Visa Smashes Estimates, Shares Up
Visa (V, $49.13, up $0.74) earnings report. The company beat Wall Street’s estimates by a whopping 10 cents and reaffirmed
Market Analysis, Gold, Option Trades, Daily Update
Wednesday Morning Update
Here’s a look at what we got going on this morning… The market is in positive territory as BMad is
Daily Update, Company Commentary, Option Trades
EA Misses, Cuts Jobs
Electronic Arts (ERTS, $15.50, up $0.64) posted weaker-than-expected earnings after the bell and said it would delay the release of
Option Trades, Daily Update, Company Commentary
Visa Call Option Activity/ EA Update
There seems to be some concentrated buying in the Visa (V, $50.55, up $0.58) February 55 calls (VBK, $1.10, up
Daily Update, Company Commentary, Option Trades
Biotech Grumblings
Genentech (DNA, $82.10, up $0.86) came out with some great news yesterday after the bell and said a late-stage study