Bulls Banking on Financial Sector
9:00am (EST) The bulls tried to regain some momentum to start the week but after an opening pop the indexes […]
9:00am (EST) The bulls tried to regain some momentum to start the week but after an opening pop the indexes […]
1:15pm (EST) The chatter of a bubble, a top, frothy, overextended and the market has peaked reached new heights yesterday
1:10pm (EST After a slow start, the bulls are trying to make another push higher and if current levels hold,
9:00am(EST) The market was choppy for much of Monday’s first half of trading but picked up steam during the second
12:00pm (EST) Futures were pointing towards a slightly higher open throughout the night after China’s GDP (Gross Domestic Product) met
1:15pm (EST) The major indexes have traded in a tight range following yesterday’s push to new all-time highs. There are
12:45pm (EST) After a slow start, the bulls have continued their journey to new highs despite multiple downgrades on Microsoft
9:00am(EST) The market traded lower on Monday ahead of this week’s big events as the bears tried to find an
9:00am (EST) “The market was flat on Friday with a little weakness to the downside heading into the second half
1:10pm (EST) The bulls got off to a good start this morning as they tried to extend their gains for
9:00am (EST) “The bulls have momentum but a final resolution on the Fiscal Cliff could get stretched until the last
1:05pm (EST) We said the bulls needed to get off to a good start today and for the most part,
9:00am (EST) “The first clue we were looking for last week was the close on Monday. The bears had won
9:00am (EST) The market had another mixed session that ended pretty much the same way as the day before as
1:05pm (EST) Shares of FedEx (FDX, $86.49, down $1.05) are trading lower today after the company warned after the bell
12:55pm (EST) Futures were down when we started researching the overseas news last night and got progressively worse before the
2:10pm (EST) We have been warning of a possible selloff or a test to new lows and today’s action could
9:00am (EST) “This week will be an important test for the bulls and next week will be even bigger. The
1:00pm (EST) The market got a huge pop at the open as the Dow tripped 13,000 on better-than-expected earnings from
9:00am (EST) The bears snapped a 3-session losing streak on Tuesday as the bulls were unable to recover from the
9:00am (EST) The bulls got off to a good start for the week following Friday’s flat action and put up
9:00am (EST) “We mentioned how the first half of March was seasonally bullish while the back half of the month
9:00am (EST) The bulls made another run at greener pastures on Wednesday but ran out of steam at the next
9:00am (EST) The bulls recovered most of Friday’s drubbing with a strong session on Monday as the market overlooked the
1:05pm (EST) The bulls and bears have traded blows for much of the session as the market has had a
12:45pm (EST) The bulls were making a push towards resistance on renewed optimism that a deal with Greek bondholders and
9:00 (EST) The market continued its recent slide as the bears had their best bull feast in nearly 80 years
9:00am (EST) We mentioned yesterday we were excited about the market going lower because A) it proved our homework back
1:15pm (EST) We have been warning of volatility for weeks and we mentioned in our Weekly Wrap on Sunday night
8:45am (EST) The bulls were looking good for much of Tuesday’s session as they started strong out of the gate
12:50pm (EST) The bulls have managed a slight bounce from the recent 4-day selloff but their momentum has been limited
9:00am (EST) We knew yesterday (and this week) was going to be a challenge for the bulls following 5-straight weeks of
9:10am (EST) We thought there would be a little more bullish action yesterday following Monday’s selloff, but the bulls struggled to
12:25pm (EST) After a lower open, the market is trying to recover and is mixed as we head into the
1:05pm (EST) The bears got an early jump at the open and tested support but the bulls have managed to
9:05am (EST) The bulls went into Monday’s session knowing they were facing an uphill battle after Standard & Poor’s lowered
12:50pm (EST) After a strong open, the bulls once again find themselves giving up ground. Futures were pointing towards a
12:45pm (EST) The market is mixed as we head towards the second half of trading. The Dow is up 16
8:50am (EST) There was some buying yesterday after our 1pm update as the bulls battled back from early losses to
7:50am (EST) Every bull and bear market is different and when those trends are in place, option trading can be
8:30am (EST) The bulls had a fine outing on Tuesday on the strength of lower oil prices and a rebound
9:00am (EST) The Dow added its first triple-digit gain of the year on Monday, rising 109 points, or 0.9%, and
1:05pm (EST) The market is lower as we head into the second half of trading. The Dow and S&P opened
12:40pm (EST) The market has held up well today despite the Apple (AAPL, $339.87, down $8.61) news as all three
9:00am (EST) The bulls rode the back of the Financial sector and an upbeat view on employment from the Fed
1:20pm (EST) We told you this morning we could feel another breakthrough about to happen. There isn’t a lot happening
9:10am (EST) The bulls got a little help yesterday after getting some worse-than-expected economic news as the Financial sector “bailed”
8:50am (EST) The bulls started Monday off with a strong showing but the market lost its momentum in late trading
9:00am (EST) The bulls got their first scare for October after China dropped a bomb on Wall Street yesterday with an interest-rate
12:50pm (EST) Futures were already pointing towards a weak open as some of the bigger Tech names were selling off
8:55am (EST) Although futures favored the bulls to start the week, the market stayed in a tight range after the
12:40pm (EST) The bears got some more good news after the opening bell when the Commerce Department reported new home
12:50pm (EST) The bulls have kept the market in positive territory for the majority of the session although the bears
12:45pm (EST) The bulls put up a good fight as they held the market’s slide at the open and were
9:00am (EST) The bulls struggled all day on Tuesday as the market stayed in the red and were unable to build
9:00am (EST) Like a good UFC fight, the bears finally landed the blow we were all waiting to see. Before
10:45pm (EST) The bulls tried to rally on Friday after four days of punishment by the bears but were unable to
9:00am (EST) The bears continued their assault on the bulls Thursday following a pattern of late-day sell-offs that has carried the market
12:55pm (EST) The market looks tired today as all three indexes are trading at their lows for the day. The
9:05am (EST) The market acted “shitty” yesterday if you were a bull. Excuse our French this morning but if Senator
9:10am (EST) The market experienced some choppiness when trading opened on Monday as the bears were looking to add to
1:30pm (EST) The bulls are trying to keep the market at current levels and were doing well up until lunch.
11:00pm (EST) The bears finally came to life on Friday but if it weren’t for the Goldman Sachs (GS, $160.70,
1:00pm (EST) The bulls are putting together a decent rally following today’s economic news as the Dow eyes 11,000. The
8:00pm (EST) It was a tough Friday for the bulls as the market suffered its worst decline for 2010 despite
1:15pm (EST) All the talk today is about the “weak” unemployment numbers we got but our main focus is how
9:00am (EST) The bulls got some good news yesterday in the form of the Dubai $10 billion “bailout” package and the Dow’s
9:10am (EST) The bulls were feeling good before the bell yesterday as it appeared they were going to halt their
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 managed to end the month of November with a slight gain as the Dow added 35
12:45pm (EST) The market is has come off its morning lows but is still in negative territory for the day.
9:15am (EST) It what comes as no surprise, CIT Group (CIT, $0.72, down $0.23) made it official by filing for Chapter
9:15am (EST) Futures are pointing towards a lower opening on Wall Street this morning as 3Q earnings reports once again set the market’s
9:10am (EST) Finally! Dow 10,000… It took over a year and most of yesterday before the Dow finally broke through
8:30am (EST) The bulls took the ball and ran with it as the market headed higher throughout the week and
1:00pm (EST) The bulls are resuming their climb towards Dow 10,000 after getting positive earnings from Alcoa (AA, $14.54, up $0.34) and a
3:00pm (EST) The bulls got the ball rolling today after a positive ISM number this morning has put Wall Street in
3:45pm (EST) Special Note: We are sending today’s Weekly Wrap early. I am away on travel and hope to be
8:15am (EST) I wanted to send today’s update early because there are a lot of things I’m looking at as we
8:45am (EST) Futures are steam-rolling higher this morning, pointing towards a nice open as the market tries to rebound from yesterday’s
9:00am (EST) The bulls made it five in-a-row on Thursday and will look to extend their winning streak to a
11:00pm (EST) 1. Commentary 2. Imax Could Be A Wildcard 3. Earnings 4. Current Trades 5. Closing Thoughts ************************************************** 1.
2:00pm (EST) The Dow is struggling after starting off the morning in the green. Intel (INTC, $20.25, up $0.78) got
8:55am (EST) Well, time to open up the playbook. It may be preseason in the NFL but in
12:35pm (EST) Imax (IMAX, $9.85, up $0.30) is trying like mad to break $10 today as the stock has hit
11:30pm (EST) 1. Commentary 2. Checking in on the VIX 3. Baltic Dry Index Continues To Tank 4. Earnings 5.
Abercrombie & Fitch (ANF, $31.68, up $0.32) September 32 puts (ANFUJ, $2.05, down $0.20) Entry Price: $1.25 (8/14/09) Exit Target:
1:00pm (EST) Abercrombie & Fitch (ANF, $31.96, down $2.29) is down 7% today and the September 32 puts (ANFUJ, $2.00, up
1. Commentary 2. Allocating Option Trades 3. Putting a Collar Option on Your Investments 4. Earnings 5. Current Trades
12:55pm (EST) The market started off strong but has given back most of those gains as I head to
11:50am (EST) The market continues to trade lower as the Dow is now off by triple-digits. At 9,234, the 103
1:25pm (EST) I like Visa (V, $67.68, up $0.39) this week. The August 70 calls (VEHHN, $1.60, up $0.25) are
Intel (INTC, $18.05, up $1.22). Even better was the fact that the company also issued higher guidance for the third
10:20 PM (EST) Wall Street had a positive day but you gotta have that feeling that the bulls stomachs
10:30am (EST) The Financial stocks have been rather quite of late as they seem to be drifting around waiting
It was a brutal Monday for the market if you were a bull as all three major indexes took a beating.
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
If you are watching the pre-market trades this morning you will notice that Green Mountain Coffee Roasters (GMCR, $63.36, down