Category Archive for ‘Daily Update’

April 17, 2008

Google Reports After the Bell

by Rick Rouse / No Comments / Posted in Earnings, Google, Daily Update

Google (GOOG, $454.73, down $0.30) is set to report earnings after the market closes today and analysts are expecting $4.52 per share on revenue of $3.6 billion. The last time the company reported they disappointed the Street and the stock got nailed falling from $584 to a low of $519Read more

April 17, 2008

First Solar is Thinking Green

by Rick Rouse / No Comments / Posted in Daily Update

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

April 16, 2008

Potash Pushes $200

by Rick Rouse / No Comments / Posted in Daily Update

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

April 16, 2008

Intel Meets Estimates, Shares Jump

by Rick Rouse / No Comments / Posted in Daily Update, Earnings

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

April 15, 2008

Potash Looks Strong Heading Into Earnings

by Rick Rouse / No Comments / Posted in Daily Update, 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

April 15, 2008

Morning Minutes

by Rick Rouse / No Comments / Posted in Daily Update, Earnings

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

April 14, 2008

Earnings Snapshot (Financials)

by Rick Rouse / No Comments / Posted in Daily Update, Sectors

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

April 13, 2008

General Electric Gets Punished

by Rick Rouse / No Comments / Posted in Daily Update, Earnings

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

April 12, 2008

Airline Stocks Take a Nosedive

by Rick Rouse / No Comments / Posted in Daily Update, Sectors

CFTC Disclosure:

GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH Momentum Options Trading, LLC CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CIRCUMSTANCE. THERE IS SUBSTANTIAL RISK IN TRADING. A LOSS INCURRED IN CONNECTION WITH FUTURES TRADING CAN BE SIGNIFICANT. WE MAKE NO CLAIM REGARDING PAST OR FUTURE PERFORMANCE. WE MERELY TRACK EVERY TRADE AND SHOW THE PERFORMANCE OF ALL TRADES THE SYSTEM OR NEWSLETTER PRODUCES. SIMULATED TRADING IS DIFFERENT THAN TRADING REAL MONEY. HYPOTHETICAL RESULTS ARE NOT REAL RESULTS. PLEASE CONTACT YOUR BROKER ABOUT THE RISK OR TRADING STOCKS, OPTIONS OR FUTURES. ALL COMMUNICATIONS ARE OPINIONS NOT ADVICE.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.