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 estimates this morning and raised its full-year outlook. The company said that they are seeing an improvement in consumer confidence while they believe housing is showing signs of a bottoming.Read more
Lowe's Beats, Shares Up
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. Closing Thoughts ************************************************** 1. Commentary Well, we knew it was coming. After a two-month rally, we saw some major profit taking last week. The Nasdaq which had been up nineRead more
Las Vegas Sands Alert
Wells Fargo Update
Bulls Find No Room to Run/ Ford Put Play
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 30 calls (ABXEF, $5.10, up $1.40) Entry Price: $1.35 (4/21/09) Exit Price: $5.00 (5/12/09) Return: 270% We started closing out positions yesterday and most of you should have gotten atRead more