Blog

September 2009 | Members   1:00pm (EST) Moody’s (MCO, $19.50, down $1.04) has dipped below $20 today and here were by thoughts on August 11th: “One stock that I have been watching is Moody’s (MCO, $24.65, down $0.57) which I have mentioned several times in this space.  The September 25Read more

September 2009 | Members MomentumOptionsTrading NewsFlash for 9/23/09:  Fed Holds Rates   2:30pm (EST) The Fed left rates unchanged and they expect them to stay low for quite some time.  The vote was unanimous and the market has rallied off of the news.  The Dow is currently up 50 pointsRead more

September 2009 | Members 8:45am (EST) Current Trades ChangeYou.com (CYOU, $38.29, down $0.46)  October 42 calls (CQUJP, $0.85, down $0.30) Entry Price: $0.85 (9/21/09)  Exit Target: $1.30 Return: 0% Stop: $0.35 Action:  ChangeYou opened lower on Monday and fell near its support level when it dipped to a low ofRead more

September 2009 | Members 12:05pm (EST) The RIMM October 100 calls (RULJT, $1.00, up $0.05) were at 95 cents on Friday and I suggested opening half for those of you who thought the stock would continue its uptrend today.  Go ahead and complete the other half.  For those of youRead more

September 2009 | Members Time stamp (EST) ]]>

September 2009 | Members Time stamp (EST) ]]>

September 2009 | Members   1:00pm (EST) Watch the RIMM October 100 calls (RULJT, $0.95, up $0.12).  If you think we go higher to start the week then you could open half positions at these levels.    9:00am (EST) CURRENT TRADES (quotes are from Thursday’s close) Apple (AAPL, $184.55, up $2.68). Read more

September 2009 | Members   IBM (NEW TRADE) International Business Machines (IBM, $121.82, up $2.47) broke $120 yesterday in strong fashion and it has been a level I have been talking about since July/ August.  I’m trying to show you a perfect trade setup that would have tripled your money yesterday so be patient withRead more

September 2009 | Members 11:10am (EST)   I wanted to post a little early because I got a late jump this morning.   The market is up again today and the bulls are putting in a solid week.  The Dow is up 38 points to 9,722.  Hello 10,000?   OneRead more

September 2009 | Members 9:10am (EST) Current Trades   Citigroup (C, $4.52, down $0.09)   January 7.50 calls (CAQ, $0.15, down $0.01)   Entry Price: $0.32 (8/28/09) Exit Target: $0.16 Return: -53% Stop:  None     January (2011) 10 calls (VRNAB, $0.42, down $0.03)   Entry Price: $0.60 (8/28/08)  Exit Target: $1.20 Return: -30% Stop: NoneRead more