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)!!!
MomentumOptionsTrading.com Weekly Wrap New Trade/ Profit Alert (EXAS) for 1/7/14
11:55am (EST) The slick talking pros are now saying “it’s a stock picker’s market” but hasn’t it always been? We have a bevy of news today for our Weekly Wrap as we are locking in profits on another winning trade and starting new positions on a stock we really like.
Crash and Burn or All Aboard? New Trade!!!
11:50am (EST) For those of you that have been with us over the years, you know Friday’s are a day where we try to kickback, review what has happened in the market, plan for next week, celebrate profits (one current trade of ours is up 308% as we type) and
Safeway (SWY) Surges on Takeover Chatter/ Profit Alerts (HRB, TQNT, GE)
1:00pm (EST) The bulls have 7 more trading days to pad their gains, or give them back, and with fund managers getting itchy trigger fingers it will be interesting to see if they lock-in gains or let them ride. Most fund managers have to rebalance their portfolios by the end
JC Penney (JCP) Sinks to Single-Digits/ New Trade!!!
12:30pm (EST) Shares of JC Penney (JCP, $10.30, down $1.60) are at 12-year lows following today’s 12% plunge and our subscribers couldn’t be happier. We often remind investors that have never shorted a stock or bought put options that the strategy is no different than buying a stock in hopes
Cree (CREE) Crumbles After Lowering Outlook/ New Trade (QQQ)
12:45pm (EST) Cree (CREE, $61.85, down $13.91) shares are down 18% and have dipped below $60 to $59.87 today after lowering guidance. The company reported earnings after the close on Tuesday that matched Wall Street’s estimates for the most part but lowered current quarter guidance. Earnings per share came in
Major Earnings After the Close/ Profit Alert/ 4 New Trades!!!
12:05pm (EST) Friday is shaping up to be a big day in the market as there are 3 major Tech companies reporting after the closing bell. International Business Machines (IBM, $208.62, down $1.05), Google (GOOG, $768.52, down $14.04) and Microsoft (MSFT, $28.71, down $0.12) will confess their numbers to the
MomentumOptionsTrading.com Weekly Wrap New Trade for 3/4/201
1:50pm (EST) We have 2 NEW TRADE for the Weekly Wrap as we open up the playbook. We have exciting additions coming to the publication and one of the new strategies we are going to use is selling short. This involves selling a stock at current prices and buying it
Bulls Holding Weekly Lead, New Trade Recommendation!
12:35pm (EST) It is simply amazing to see how many talking heads and slick talking pros are bullish today with the indexes at or near fresh 52-week peaks. We have been mentioning the negative sentiment from the first few weeks of the year were going to be a possible buying
MomentumOptionsTrading.com Profit Alert (BBBY) for 12/20/2012
10:15am(EST) We have profits to take this morning as Bed Bath & Beyond (BBBY, $54.72, down $5.56) has dropped below double-nickels. Support was at $57 but that failed to hold after shares opened at $57.02 this morning. The January put options we are in are up over 150% so let’s