Electronic Arts On Deck
Electronic Arts (ERTS, $14.86, down $0.58) will report earnings on Tuesday and Wall Street is expecting 90 cents a share […]
Daily Update, Option Trades
Daily Update
Google, Option Trades, Daily Update
Google Earth Creating Buzz
Google (GOOG, $340.25, up $1.72) is set to unveil its updated Google Earth in a few hours and Wall Street
Daily Update, Option Trades
Update on GLD, ERTS
The Spider Gold Shares (GLD, $90.30, down $1.01) opened lower this morning and these look like good entry points for
Option Trades, Daily Update
Roche Goes Hostile
Roche threw us a curveball this morning and took its bid for Genentech (DNA, $80.95, down $3.14) directly to the
Daily Update, Option Trades
Down Day Triggers Stops
After a four-day winning streak, the market was due for a pause as all three major indexes traded lower. A
Daily Update, Option Trades
IBM Breaks Through Resistance
Yesterday it appeared International Business Machines (IBM, $94.82, up $3.16) was not going to join the market’s party as the
Daily Update, Option Trades
Bank Stocks Blast-Off
Goldman Sachs (GS, $87.70, up $9.44) and JPMorgan (JPM, $27.66, up $2.60) added to their gains in late-afternoon trading. Both
Option Trades, Daily Update
Goldman Sachs, JPMorgan Rise
The market is trading higher, led by financials, on renewed optimism the new Obama administration is moving quickly to stabilize
Daily Update, Option Trades
News Flash: Banks Stocks Could Get Lift
I had a feeling when I was doing the Weekly Wrap over the weekend that the financial stocks were due
Option Trades, Daily Update, Company Commentary
Netflix's Numbers
Netflix (NFLX, $34.40, up $4.25) is having a banner day as the stock is up more than 14% after beating
Company Commentary, Apple, Daily Update
Palm Drops On Apple Patent
Palm (PALM, $6.50, down $0.87) is down more than 10% this morning after the U.S. Patent Office awarded Apple (AAPL,
Daily Update, Company Commentary, Option Trades
Chesapeake Energy Up On Takeover Talks
One of our favorite stocks, Chesapeake Energy (CHK, $15.80, up $0.90), made the rumor mill rounds yesterday as there is
Gold, Strategies, Financial Stocks, Option Trades, Daily Update, Market Analysis
Market Looking For Answers
The market is trading lower this morning and the Vegas over/under is 8000 for the Dow. I got 50 cents
Option Trades, Daily Update
After-Hours Action
Here’s a look at how a few of the stocks we have been following are doing in after-hours trading. Intuitive
Daily Update, Option Trades
Dow Hanging on to 8000 Level
The Dow is back at 8000, down 228 points, as the financial stocks are weighing heavy on the market once
Apple, Option Trades, Daily Update, Earnings
Apple Rocks Wall Street Estimates
Well, well, well. Look who is not going away without a fight. A day after setting a 52-week low of
Daily Update, Earnings, Company Commentary, Option Trades
Intuitive Surgical Rebounds Off 52-Week Low
Yesterday afternoon I provided a quick update for Intuitive Surgical (ISRG, $95.37, up $0.72) which was at $96 but easily
Daily Update, Market Analysis, Company Commentary, Gold, Apple
Market Reverses Course
The market started off in positive territory as the Dow traded to a high of 8100 but just turned negative
Uncategorized, Daily Update, Gold
Gold Back on Radar
In mid-December we rode gold for a three-day trade that netted quite a few double-digit returns. The “Big Three” is
Company Commentary, Daily Update
Big Blue Beats Street
International Business Machines (IBM $81.98, down $2.94) beat Wall Street estimates after the market closed on Tuesday and got a
Daily Update, Company Commentary, Option Trades
Intuitive Surgical Update
Intuitive Surgical (ISRG, $96.69, down $3.28) is testing its 52-week low again which was set last Thursday at $96.17. I
Daily Update, Company Commentary, Option Trades
HSBC Holdings Continues Freefall
HSBC Holdings (HBC, $33.84, down $6.11) is getting crushed again this morning on more concerns about the European banks. If
Daily Update, Company Commentary, Option Trades
Genentech Posts Solid Quarter
Genentech (DNA, $85.10, up $0.02) reported a solid quarter on Thursday as profits came in at $931 million, or $0.87
Daily Update, Option Trades
Midday Update: Financial Stocks Continue Lower
Hello $30’s, goodbye $40’s. That is the story with HSBC Holdings (HBC, $39.00, down $3.19) which is down another 6%
Market Analysis, Daily Update
Market Tumbles – More Trouble Ahead For Citigroup?
The Dow had its worst day in 2009 on Wednesday and after what looked like a promising start to the
Daily Update, Apple
Apple Halted Temporarily in After-Hours Trading
Don’t shoot the messenger. Unfortunately, the market can be insensitive at times and when news hit the market that Apple’s
Option Trades, Daily Update
Planning An Option Trade
I get asked a lot how I come up with ideas for option trades. There is no clear cut way
Daily Update, Market Analysis, Company Commentary, Option Trades
Futures Pointing Towards Lower Open
A lousy U.S. retail sales report before the opening bell this morning is weighing on the futures and it appears
Daily Update, Option Trades
AutoZone Trade Closed, HSBC Update
We are out of the AutoZone (AZO, $129.16, up $0.39) trade. The stock managed to close below $130 and stayed
Daily Update, Option Trades
Bears Eyeing HSBC Holdings
HSBC Holdings (HBC, $46.70, down $0.98) could be on the verge of a major breakdown as the put option pits
Daily Update, Option Trades
Trade Updates: AZO, DNA, FDO, ISRG
Genentech (DNA, $87.47, up $1.13) got off to a slow start on Monday but got it going in late afternoon
Daily Update, Option Trades
AutoZone Breaks Below $130
We left the AutoZone (AZO, $130.64, down $2.42) trade open over the weekend hoping to get a break below $130
Uncategorized, Daily Update, Company Commentary, Mergers and Acquisitions, Option Trades
Before the Bell – Action in Genentech
Genentech (DNA, $86.34, up $1.94) will be in the headlines a lot this week and there may be an opportunity
Option Trades, Daily Update, Company Commentary
Everybody's Working For The Weekend
The first full week of trading is coming to a close and it sure feels good have the weekend coming
Company Commentary, Mergers and Acquisitions, Daily Update
Merger Activity Off To Fresh Start
ThinkorSwim Group (SWIM, $8.34, up $2.69) was acquired by TD Ameritrade (AMTD, $13.40, down $0.08) yesterday in a sign that
Daily Update, Company Commentary, Option Trades
Market Turns Around/ AutoZone Update
AutoZone (AZO, $135.42, up $0.42) traded lower most of the session until a late day rally pushed the stock into
Daily Update, Company Commentary
Wal-Mart Gets Whacked
Wal-Mart (WMT, $51.52, down $4.02) is feeling the blues this morning as Wall Street is punishing the stock after the
Company Commentary, Option Trades, Daily Update
AutoZone Topping Out
Believe it or not, AutoZone (AZO, $135.68, down $3.52) has been testing its 52-week high in recent days and has
Daily Update, Earnings, Option Trades
Family Dollar Catches Fire
Family Dollar Stores (FDO, $27.73, up $3.40) is having an outstanding day after announcing earnings that were better-than-expected. The company
Option Trades, Daily Update
Opening View
The market is starting off the session with a triple-digit loss. The Dow is down 109 points to 8905 after
Daily Update, Option Trades
Imax Shares Rising
Imax (IMAX, $4.95, up $0.42) is up another 10% today as we head into the final hour of trading. The
Daily Update, Company Commentary
Orexigen Therapeutics Up Sharply After-Hours
Orexigen Therapeutics (OREX, $5.89, down $0.10) was up sharply in after-hours trading on news that the company could be announcing
Option Trades, Daily Update, Sectors, Company Commentary
Casino Stocks Rally
Two months ago I mentioned the rally that the casino stocks had enjoyed for a few weeks and we made
Option Trades, Daily Update
Trade Updates
Alcoa (AA, $11.86, down $0.25) opened lower and struggled all day to stay in positive territory. The company will report
Daily Update, Apple, Option Trades
Steve Jobs Speaks, Market Listens
Apple’s (AAPL, $93.11, up $2.36) CEO Steve Jobs spoke about his health this morning and the stock has rebounded sharply.
Company Commentary, Daily Update, Sectors, Market Analysis, Strategies, Watch Lists, VIX, Oil, Option Trades
2008 – A Year Hit By A Truck
Index 1. Commentary 2. Financial Sector Takes a Beating 3. Options Versus Stocks 4. Current Trade Updates 5. Alcoa and
Option Trades, Daily Update
Schlumberger Update
Schlumberger (SLB, $42.82, up $0.70) is trading higher as we head towards the closing bell. The stock has traded as
Daily Update, Oil, Option Trades
A Play On Oil
Oil is hovering around the $40-a-barrel mark and there seems to be some sentiment that it could be headed higher.
Daily Update, Market Analysis
Dow Breaks Losing Streak
The market managed to do a little something on Wednesday as Wall Street enjoyed the holiday and looks forward to
Market Analysis, Daily Update
Market Continues Slow Ride Lower
The market endured its fifth straight losing session on Tuesday after a couple of gloomy economic reports set the tone
Daily Update, Market Analysis, Company Commentary
Market Looking to Open Lower
The futures are down, pointing towards a lower open this morning. The Dow futures are off by 14, to 8,525,
Earnings, Daily Update
Take-Two Takes A Hit
Take-Two Interactive Software (TTWO, $9.07, down $3.00) is down 25% after reporting lousy earnings. The company posted a loss of
Market Analysis, VIX, Oil, Gold, Daily Update
Market Retreats, Gold Stops Hit
The market started Wednesday off in the red and managed to turn things around in the afternoon before giving up
Daily Update, Commodities, Company Commentary, Gold
Gold Stocks Continue Rally
Gold is up strong this morning as the yellow metal is higher by $27 and now stands at $870/ ounce.
Daily Update, Market Analysis, Economic News, Company Commentary
Market Rallies After Fed Cut
Looks like Wall Street got an early Christmas present after yesterday’s surprise Fed announcement concerning interest rates. Most experts had
Daily Update, Company Commentary, Strategies
PowerShares QQQ Trade Update
I put out a trade yesterday morning that is off to a good start. The Dow is enjoying a triple-digit
Earnings, Company Commentary, Daily Update
Goldman Sachs Reports First Ever Loss
A collective sigh of relief was felt by Wall Street this morning when Goldman Sachs (GS, $71.46, up $5.00) reported
Daily Update, Earnings, Company Commentary
Nike Update
I wanted to update the Nike (NKE, $48.19, down $1.18) trade from last Thursday. When I mentioned the stock it
Daily Update, Sectors, Commodities
Gold Stocks Shine
With the Fed meeting on Tuesday, Gold stocks are enjoying some nice gains today. There seems to be some investors
Market Analysis, Commodities, Daily Update
Triple Witching
This Friday is “Triple Witching” and I wanted to explain what this means and what impact it could have on
Daily Update, Earnings, Company Commentary
Earnings: COST, KKD, LULU and a Nike Trade
Costco Wholesale (COST, $53.37, down $0.32) is recovering from its morning low of $50.70 after reporting a 1% gain in
Company Commentary, Daily Update
Market Flat Despite Unemployment Claims
The market has managed to hold its own despite an unexpected jump in the number of people filing for unemployment.
Daily Update, Company Commentary, Strategies
When To Sell
You never want to sell too early when you have a monster option trade in progress. Sometimes when you catch
Daily Update, Yahoo / Microsoft
Yahoo Shareholder Urges Sale
Yahoo (YHOO, $12.83, up $0.64) is trading higher this morning after one of the company’s largest shareholders has made a
Daily Update, Company Commentary
Ford And General Motors Get Wish
After rubbing the genie bottle for weeks, the auto companies will likely get their wish finally granted to them. The
Daily Update, Commodities, Company Commentary
DryShips Continues Push Higher
Trading just got underway and DryShips (DRYS, $8.75, up $1.58) is surging another 20%. I mentioned the stock yesterday morning
Company Commentary, Daily Update, Market Analysis
Market All Smiles
The market powered higher on Monday following news that President-elect Obama will increase infrastructure spending to lift the economy once
Daily Update, Company Commentary
DryShips Up Sharply
The bulls seem to be getting behind DryShips (DRYS, $6.50, up $1.75) this morning as the stock is rallying 40%.
Company Commentary, Daily Update
Ford and GM In Play
Ford (F, $3.20, up $0.48) and General Motors (GM, $5.06, up $0.98) both opened higher this morning as hopes of
Daily Update, Market Analysis, Economic News, Company Commentary
Unemployment Report Weighs On Market
We knew it was going to be nasty and the release of this morning’s unemployment report is taking the Dow
Daily Update, Market Analysis, Economic News, Company Commentary, Strategies
What To Watch For Friday
Wall Street would probably feel safer hanging out with Plaxico Burress at a night club than bet money on Friday’s
Company Commentary, Daily Update
Potash Sinks Below $50
Potash (POT, $49.60, down $3.21) continued its slide today as the stock lost 6% and set a fresh 52-week low
Daily Update, Company Commentary
Chesapeake Energy Sets New Low
Chesapeake Energy (CHK, $11.84, down $2.26) continued its free-fall today and is feeling the pinch from falling energy prices and
Daily Update, Company Commentary, Watch Lists
Watch List: Movie/ Entertainment
I’m not all that excited about the “movie” stocks but there may be an opportunity to make some trades within
Daily Update, Company Commentary
Market Reverses Course
The market is rebounding after a lower opening this morning as Wall Street has shrugged off some bad economic news
Daily Update, Company Commentary
RIMM Puts Whammy on Earnings
It appears we are going to start Wednesday off in the red. The early morning buzz is negative as Research
Daily Update, Company Commentary
Potash Looking Weak Again
Well, it’s time to take yet another look at Potash (POT, $55.20, down $1.27). Near the end of October we
Daily Update, Company Commentary
Chesapeake Energy Put Options Hit Target
Here’s a quick update on what is going on with our Chesapeake Energy (CHK, $14.25, down $0.75) trade. The stock
Daily Update, Market Analysis, Economic News, Company Commentary
Market Down 400
Despite what was initially thought as a “successful” start to the holiday season, the Dow is down over 400 points
Daily Update, Market Analysis, Company Commentary
Black Friday Update
The market is closing at 1PM today and we’ve got about a half hour to go. Here’s what we’re watching:
Daily Update, Earnings, Company Commentary
Deere Disappoints Again
Shares of Deere (DE, $30.26, down $2.84) are getting crushed this morning after the company missed Wall Street’s expectations once
Market Analysis, Economic News, Daily Update
What The Fed Is Going On?
$8,500,000,000,000.00 That’s the number…$8.5 trillion. That’s how much the our government is preparing to provide on behalf of you and
Daily Update, Google
Google Up, Time To Short
Google (GOOG, $277.68, up $20.24) is trading higher this morning after saying it is “significantly” reducing the number of contract
Market Analysis, Daily Update
Market Opens Higher
The market is extending its gains this morning after the government announced it is willing to provide up to $800
Daily Update, Company Commentary
Citigroup Gets $20B
Citigroup (C, $6.27, up $2.50) got its wish over the weekend and we got ours. News that the government will
Market Analysis, Company Commentary, Daily Update
Market Rallies, Gambling on Citigroup
The market is so amazing. There are so many moving parts and subplots happening at the same time that is
Daily Update, Market Analysis
Bears Dominating Market
What a long strange trip it has been. Well, we are Grateful and the market has been left for Dead.
Daily Update, Google, Company Commentary
Update on AZO, ANF, AAPL, GOOG, BIDU
Here are some updates on the trades we are following. AutoZone (AZO, $86.93, down $7.32) November 95 puts (AZOWS, $8.60,
Daily Update, VIX
VIX Climbing Higher
Volatility Index (^VIX, 74.26, up 6.62) on a monthly basis now and for those of you new to the blog,
Daily Update, Market Analysis
Market Closes Below 8,000
The Dow fell 425 points yesterday to close below 8,000 for the first time since 2003 as economic news and
Daily Update, Company Commentary
AutoZone Poised to Fall Below $100
Yesterday morning I mentioned the option activity in AutoZone (AZO, $100.48, down $6.68) from Monday’s trading session. The stock closed
Company Commentary, Daily Update, Sectors
Big 3 Testify
The big news today is the testimony of America’s car industry as CEO’s of General Motors (GM, $2.60, down $0.49),
Daily Update, Yahoo / Microsoft
Yahoo's CEO Steps Down
Jerry Yang might not be Yahoo’s CEO anymore but he did stay at a Holiday Inn Express last night. Shares
Daily Update, Company Commentary
AutoZone Gets "Buy" Rating
Let’s see how this one turns out. Citigroup (C, $8.89, down $0.63), whose stock has been in shambles recently, initiated
Daily Update, Company Commentary
Baidu Gets Bitten
Baidu.com (BIDU, $134.09, down $44.80) took a pounding today as the China-based Internet search engine company saw its shares decline
Daily Update, Company Commentary
Abercrombie Continues Lower
Abercrombie & Fitch (ANF, $15.99, down $1.80) is trading lower again this morning following Friday’s disappointing earnings report. The company
Daily Update, Market Analysis
Option Expiration Week Could Bring Added Volatility
The market looks to have an uphill battle this week as it tries to break a two-week losing streak. After