1:00pm (EST) The market has hit 10-month highs as the Dow is currently up 80 points to 9,589. The Nasdaq is showing a gain of 15 points and stands at 2,033 while the S&P 500 has jumped 8 and is 1,034. I mentioned in the Weekly Wrap that economic news would take onRead more
Tuesday's Tidbits
Trade Updates – September 2009
Return to Members Tuesday, September 01, 2009 Wednesday, September 02, 2009 Thursday, September 03, 2009 Friday, September 04, 2009 Monday, September 07, 2009 Tuesday, September 08, 2009 Wednesday, September 09, 2009 Thursday, September 10, 2009 Friday, September 11, 2009 Monday, September 14, 2009 Tuesday, September 15, 2009 Wednesday, September 16,Read more
Market Opens Higher
Trade Updates
Imax Looking For $10
Weekly Wrap for 8/23/09
11:30pm (EST) 1. Commentary 2. Checking in on the VIX 3. Baltic Dry Index Continues To Tank 4. Earnings 5. Current Trades 6. Closing Thoughts ************************************************* 1. Commentary The bears started the week as if they were serious but the bulls made it clear they weren’t going anywhere last weekRead more
Sirius XM Ready to Pop?
Trade Updates
10:40pm (EST) Bank of America (BAC, $17.14, up $0.39) January 20 calls (BYOAT, $1.30, up $0.10) Entry Price: $1.18 (8/12/09) Exit Target: $2.20 Return: 10% Stop: $1.10-$1.15 Action: BofA had a good trading day and the close above $17 continues to build that “new base”. If you still likeRead more
Trade Updates/ AIG Watch
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: $2.75 (closed half at $2.75 on 8/19) Return: 120% Stop: $2.00 Action: Abercrombie has bounced back a little today and I suggested closing out the play yesterday after the callsRead more