1:30pm (EST) Shares of Groupon (GRPN, $8.23, down $2.05) are down 20% today following the company’s earnings announcement after Thursday’s close. Groupon reported 4Q earnings of $0.04 a share on revenue of $768 million. The suit-and-ties were looking for 2 pennies a share on sales of $718 million. We had
Groupon (GRPN) Beats but Lowers Guidance/ Profit Alert (HRB)!!!
Twitter Pushing $40/ New Trade!!!
1:20pm (EST) Shares of Twitter (TWTR, $40.75, down $1) have only been trading for 10 days and are pushing $40 following an IPO pop to $50 on its first day of trading. It is too early to use technical analysis when trying to figure out where shares could be headed
MomentumOptionsTrading.com Weekly Wrap for 9/6/10
11:45pm (EST) 1. Market Summary 2. An Introduction to LEAPs 3. What’s Wrong With CBOE? 4. Strangle Trade Update 5. Earnings = = = = = = = = = = = = = = = 1. Market Summary It was another classic battle last week as the
MomentumOptionsTrading.com Weekly Wrap for 3/28/10
7:15pm (EST) All things considered, Friday’s close wasn’t too bad… We were hoping the bulls would post a strong showing going into the closing bell but the market settled near even after spending much of the session marching higher. Of course, Wall Street’s eyes were on Greece and there was a sense of relief