Category Archive for ‘Daily Update’

First Solar is Thinking Green

When high-flying stocks usually get over a $100 a share it creates many different ways to play the stock and its options. Once a stock gets over $200 or $300 then it really gets interesting on how high strike prices will go. Take First Solar (FSLR, $295.91, up $8.59) forRead more

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Potash Pushes $200

Potash (POT, $198.26, up $13.85) is having a great week, up 20 points, and made a serious run at $200 today.  News that the company struck a deal to sell potash to China’s Sinofert Holdings for $400 more per ton than last year got the shares rolling.  FYI – PotashRead more

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Intel Meets Estimates, Shares Jump

8:00AM Intel (INTC, $20.91, up $0.22) meet Wall Street’s average expectations after the bell on Tuesday by announcing 1Q earnings of 25 cents a share. The company warned in early March that it wouldn’t match estimates because its profits were going to come in slightly below expectations. Analysts then loweredRead more

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Potash Looks Strong Heading Into Earnings

Have you noticed the strength in Potash (POT, $182.84, up $0.94) lately? The stock is up 40 points since the beginning of the year and is rapidly approaching the $200 level. I mentioned back in January that this stock had a chance to do something special and it certainly hasn’tRead more

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Morning Minutes

Delta (DAL, $9.97, down $0.51) and Northwest (NWA, $11.27, up $0.05) announced they will merge to create the world’s largest carrier. I mentioned over the weekend that the Airline sector could eventually trade higher but needed to consolidate to offset rising jet fuel cost and other expenses. The deal betweenRead more

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Earnings Snapshot (Financials)

The Financial sector could get even more volatile with earnings reports coming out from the heavy hitters this week. US Bancorp (USB, $31.67, down $0.95) gets the ball rolling Tuesday before the bell and Wall Street is expecting the company to report earnings of 61 cents a share. US BancorpRead more

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General Electric Gets Punished

General Electric (GE, $32.05, down $4.70) got punished Friday, falling 13% after reporting disappointing first-quarter earnings before the bell. Wall Street expected 51 cents a share and got 44 cents. There was no surprise in the sell-off, the surprise was that GE actually missed earnings. The kicker is that GERead more

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Airline Stocks Take a Nosedive

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