Ford Gains On GM's Pain
11:30am (EST) I have been getting a ton of emails this morning on the trades I profiled on Ford Motor […]
Company Commentary, Option Trades, Daily Update
Option Trades
Market Analysis, Option Trades, Uncategorized, Daily Update
Bulls Come Out Swinging
9:30am (EST) Like cotton on sheep, the bulls are all over the opening bell. The Dow just opened and is
Daily Update, Option Trades, Market Analysis, Commodities, Strategies
More on General Motors – Update at 1:30pm
1:30pm (EST) Just wanted to add something to the blog below. The GM June 1 puts (GMVR, $0.61, up $0.07)
Daily Update, Earnings, Market Analysis, Company Commentary, Watch Lists, Option Trades
Home Depot and Lowe's Trade Lower/ Trading Service Update
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
Daily Update, Apple, Option Trades
Apple Gets an Upgrade, Keeps on Rolling
10:30am (EST) Apple (AAPL, $133.28, up $2.50) gained 7% yesterday and is up another 2% this morning following an analyst
Option Trades, Daily Update, Strategies
Just What the Doctor Ordered
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
Option Trades, Daily Update
Wednesday Wake-Up Call
9:00am (EST) Cisco Systems (CSCO, $18.88, up $0.16) made a run over $19 as the July 19 calls (CYQGA, $0.98,
Commodities, Option Trades, Daily Update, Sectors
OceanFreight Reports Earnings
7:45pm (EST) Note: There was a problem with the Weekly Wrap sent out on Sunday night and I apologize if
Daily Update, Option Trades
ExxonMobil Back Over $70
12:45pm (EST) ExxonMobil (XOM, $70.55, up $1.44) made it back over $70 today and is looking strong. The June 75
Strategies, Momentum Stocks Weekly, Uncategorized, Option Trades, Market Analysis, Oil, Weekly Wrap RR
Weekly Wrap for 5/17/09
1. Commentary 2. Power Stock Trading Strategies 3. Covered Calls 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7.
Option Trades, Rick's Account, Daily Update
Las Vegas Sands Alert
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
Daily Update, Option Trades
Time to Roll the Dice
11:15am (EST) Although the market is slightly higher this morning, it certainly looks like we are going to finish the
Daily Update, Market Analysis, Strategies, Option Trades
Wells Fargo Update
11:45am (EST) After three days of losses, the Nadaq is joining the Dow and is trading higher today. The Dow
Daily Update, Market Analysis, Option Trades
Bulls Find No Room to Run/ Ford Put Play
1:00pm (EST) It’s been a tough week if you were bullish on the market trading higher. As we head into
Daily Update, Gold, Option Trades
Wednesday's Wake-Up Call
9:15am (EST) Here is a quick rundown of what we have going on: Barrick Gold (ABX, $35.10, up $1.46) May
Gold, Option Trades, Daily Update
Barrick Gold Takes Flight
1:00pm (EST) On April 21st, I mentioned Barrick Gold (ABX, $34.85, up $1.21) and how the safety of gold could
Daily Update, Oil, Option Trades
Wells Fargo Entry Points
11:00 am (EST) Wells Fargo (WFC, $25.88, down $1.65) is getting whacked today and we got some great entry prices
Daily Update, Sectors, Option Trades
Banks Take Breather
9:00am (EST) Now that the stress test has come and gone for the banks, it didn’t take long for the
Option Trades, Daily Update
Priceline.com Beats/ ExxonMobil Dips
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
Rick's Account, Weekly Wrap RR, Momentum Stocks Weekly, Option Trades
Weekly Wrap for 5/10/09
1. Commentary 2. Breaking Down a GE Trade 3. Blackstone Group Revisited 4. Earnings 5. Current Trades 6. Monday Morning
Option Trades, Rick's Account, Daily Update
GE Regains Strength
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)
Daily Update, Option Trades
Diary of an Option Trader
11:15am (EST) The unemployment numbers really threw a monkey wrench in this morning’s trading plan and despite the Dow’s best
Daily Update, Option Trades, Rick's Account
Freaky Friday
3:00am (EST) I was up late last night working on a few trades that I might deploy this morning when
Option Trades, Rick's Account, Daily Update
Bank Of America Breaks $15
11:20am (EST) Bank of America (BAC, $14.60, up $1.91) touched $15 earlier this morning and the June 13 calls (BYOFM,
Option Trades, Rick's Account, Daily Update
Thursday Wake-Up Call
9:20am (EST) The financials stocks rallied yesterday and one particular trade we had on our Watch List was a play
Daily Update, Option Trades
Dendreon/ MasterCard Update
Sometime After Midnight (EST) Dendreon (DNDN, $21.53, up $0.15) has been in a funk since the “big announcement” of its
Option Trades, Daily Update
Marvel Entertainment Continues Surge
10:00am (EST) Looks like we have a tiger by the tail. Marvel Entertainment (MVL, $33.32, up $2.22) is is up
Daily Update, Option Trades
Tuesday's Tidbits – I'm Back, Folks
9:20am (EST) Time sure does fly by when you are on vacation. Good food, great music, and super people. Jazz
Option Trades, Rick's Account, Daily Update
Leaving on a Jet Plane
11:00am (EST) I’m heading out on vacation so here is the breakdown on all of the current trades and what
Daily Update, Option Trades, Rick's Account
Time to Capitalize
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
Option Trades, Daily Update
M&M Stocks Doing Us Good
3:30pm (EST) While we are waiting on the Dendreon news, I thought I would take a quick second to talk
Daily Update, Option Trades, Rick's Account
Dendreon Update
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
Rick's Account, Daily Update, Option Trades
Dendreon Halted
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
Daily Update, Option Trades, Rick's Account
Tuesday's Tidbits – Dendreon Gets Another Pop
11:45am (EST) Dendreon (DNDN, $24.00, up $2.45) got another pop after a live report from the American Urological Association’s (AUA)
Daily Update, Option Trades
Dow Up After Slow Start
12:05pm (EST) The market has turned positive after a weak open as worries over a possible global flu outbreak makes
Company Commentary, Stock Earnings, Financial Stocks, Momentum Stocks Weekly, Option Trades, Rick's Account, Weekly Wrap RR, Sectors, Earnings
Weekly Wrap for 4/26/09
1. Commentary 2. Dendreon’s Big Day 3. Marvel Entertainment is Marvelous 4. Earnings 5. Current Trades 6. Monday Morning Playbook
Market Analysis, Company Commentary, Option Trades, Daily Update
7th Heaven?
12:45(pm) EST Dow 8,131. That is the number bulls are looking for. After an up and down week, the Dow
Daily Update, Option Trades
Update on NetApp
9:10am (EST) NetApp (NTAP, $18.36, down $0.48) has had a great week and I wanted to update the two trades
Option Trades, Daily Update
Losing Faith in IBM
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.
Daily Update, Option Trades
Decision Time
11:20am (EST) As an option trader there are certain things you can and cannot control when it comes to the
Option Trades, Daily Update, Earnings
eBay Beats Earnings, Shares Up
eBay (EBAY, $14.78, up $0.49) announced its earnings dipped over 20% after the bell but their numbers still beat Wall
Daily Update, Option Trades
NetApp Up
12:15pm (EST) NetApp (NTAP, $18.65, up $0.61) is having a sweet day as cloud computing and takeover talk continue to
Uncategorized, Daily Update, Option Trades
Amazon.com Breaks $80
11:20am (EST) Amazon.com (AMZN, $81.10, up $2.36) had some good news after the bell last night which has helped push
Option Trades, Daily Update, Market Analysis
Yahoo Beats Street, Profits Tank
8:40am (EST) I’ve been talking about the Tech rally for over a month now which has helped the Nasdaq post
Market Analysis, Option Trades, Daily Update
Market Recovers, Amazon.com Pushes $80
12:05pm (EST) The Dow has made a nice rebound from yesterday’s shellacking and is currently up 72 points to 7,914.
Earnings, Company Commentary, Option Trades, Daily Update
Tuesday's Tidbits
9:00am (EST) Futures are actually positive this morning as I prepare this post for Tuesday’s Tidbits (my time is 1:30am
Daily Update, Earnings, Option Trades
IBM Slips in After-Hours
5:30 pm (EST) It seems the bears are starting to like Monday’s and today was no different. In what has
Google, Yahoo / Microsoft, Market Analysis, Stock Earnings, Momentum Stocks Weekly, Option Trades, Weekly Wrap RR
Weekly Wrap for 4/19/09
1. Commentary 2. Dendreon’s Next Move 3. Olin – Under the Radar 4. Earnings 5. Current Trades 6. Monday Morning
Daily Update, Option Trades
Pick Up Some More Dendreon!
10:20am (EST) Quick note. Thanks for all of the emails and success stories you shared with me on the Dendreon
Option Trades, Daily Update
Take-Two This Morning
9:15am (EST) It looks like another busy day today… Take-Two Interactive Software (TTWO, $9.86, up $0.45) has done well for
Daily Update, Earnings, Google, Company Commentary, Option Trades
News Flash: Google Beats, Shares Flat
6:50pm (EST) Google (GOOG, $388.74, up $9.24) turned in another great earnings report after the closing bell but shares have
Daily Update, Option Trades
Googs Update
1:30pm (EST) Google (GOOG, $390.13, up $10.63) is up 3% today and I wanted to update the two trades that
Daily Update, Option Trades
Next Week's Secret
12:05pm (EST) With all of the attention being focused on the financials this week, nobody is looking ahead to a
Financial Stocks, Option Trades, Daily Update, Market Analysis
JPMorgan Up Pre-Market/ Google On Deck
9:20 am (EST) This has been “cheap out-of-the-money option and earning expiration trade week” and it only happens four times
Uncategorized, Financial Stocks, Daily Update, Option Trades, Earnings, Company Commentary
Monday Morning Playbook Update
1:50pm (EST) I mentioned a slew of names and trades in the Monday Morning Playbook in the Weekly Wrap Sunday
Financial Stocks, Option Trades, Daily Update, Company Commentary
Last Word on Citigroup
Citigroup (C, $4.01, up $0.21) was rolling again yesterday morning and managed to trade as high as $4.48 within the
Daily Update, Option Trades, Rick's Account
Dendreon Soars on Great News!
11:00am (EST) After weeks of waiting, Dendreon (DNDN, $18.72, up $11.42) finally announced the news we have been waiting for.
Company Commentary, Option Trades, Daily Update, Earnings, Market Analysis
News Flash: Dendreon News Coming Tuesday/ Goldman Announces
What a busy day. What a busy weekend. I spent most of the weekend doing the Weekly Wrap as there
Daily Update, Option Trades, China
China On My Mind
1:35pm (EST) The market is making a comeback as the Dow is down only 35 points and is back over
Uncategorized, Daily Update, Option Trades
Goldman Sachs Golden
11:00am (EST) Goldman Sachs (GS, $129.08, up $4.75) is pushing higher this morning despite the Dow being off triple-digits. The
Option Trades, Daily Update, Market Analysis
Dendreon Holding Steady/ Close April Calls
8:45am (EST) Dendreon (DNDN, $6.37, down $0.21) has held above $6 all week after hitting a high of $7.35 on
Uncategorized, Daily Update, Earnings, Company Commentary, Option Trades
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
Daily Update, Market Analysis, Option Trades
Tuesday's Tidbits
9:00 am (EST) I had a busy day on Monday with everything going on but I wanted to update some
Option Trades, Daily Update
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
Momentum Stocks Weekly, Sectors, Option Trades, Market Analysis, Rick's Account, Weekly Wrap RR, Stock Earnings, Strategies, Watch Lists
Weekly Wrap for 4/5/09
1. Commentary 2. Research In Motion Highlights 3. Dendreon – Between the Lines 4. Earnings 5. Current Trades 6. Monday
Uncategorized, Daily Update, Earnings, Option Trades, Rick's Account
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
Option Trades, Daily Update, Market Analysis
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
Daily Update, Company Commentary, Option Trades, Rick's Account
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
Option Trades, Daily Update
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.
Daily Update, Option Trades
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,
Earnings, Company Commentary, Option Trades, Daily Update
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
Daily Update, Market Analysis, Option Trades, Rick's Account
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
Option Trades, Uncategorized, Daily Update, Earnings, Market Analysis, Company Commentary
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.
Rick's Account, Sectors, Market Analysis, Company Commentary, Strategies, Uncategorized, Option Trades, Daily Update
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
Option Trades, Daily Update, Sectors
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
Daily Update, Option Trades
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,
Option Trades, Daily Update
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
Option Trades, Daily Update
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
Daily Update, Company Commentary, Option Trades, Rick's Account
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
Momentum Stocks Weekly, Market Analysis, Economic News, Option Trades, Company Commentary, Mergers and Acquisitions, Weekly Wrap RR, Financial Stocks, Watch Lists
Weekly Wrap for 3/22/09
1. Commentary 2. Take-Two Revisited 3. Is Dendreon Headed for Double Digits? 4. Earnings 5. Current Trades 6. Monday Morning
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
Daily Update, Company Commentary, Option Trades
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
Rick's Account, Daily Update, Company Commentary, Mergers and Acquisitions, Option Trades
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
Financial Stocks, Option Trades, Rick's Account, Daily Update, Market Analysis
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
Rick's Account, Daily Update, Sectors, Option Trades
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
Option Trades, Rick's Account, Daily Update, Oil
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
Daily Update, Earnings, Company Commentary, Option Trades
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