Category Archive for ‘Uncategorized’

June 5, 2009

Market Surges, Pulls Back

by Rick Rouse / No Comments / Posted in Apple, Option Trades, Uncategorized, Daily Update, Market Analysis, Company Commentary

10:00am (EST) The euphoria wore off quickly as Wall Street started to digest the unemployment numbers. The Dow reached a high of 8,839 and is currently up 25 points at 8,775. It looks like this rally is fading so sell at least half of the Apple (AAPL, $144.84, up $1.10)Read more

June 1, 2009

Bulls Come Out Swinging

by Rick Rouse / No Comments / Posted in Option Trades, Uncategorized, Daily Update, Market Analysis

9:30am (EST) Like cotton on sheep, the bulls are all over the opening bell. The Dow just opened and is currently up 110 to 8,610; the Nasdaq is up 22 to 1,796 and the S&P 500 has added 12 and is at 931. The big news of course is GeneralRead more

May 17, 2009

Weekly Wrap for 5/17/09

by Rick Rouse / No Comments / Posted in Oil, Weekly Wrap RR, Strategies, Momentum Stocks Weekly, Uncategorized, Option Trades, Market Analysis

1. Commentary 2. Power Stock Trading Strategies 3. Covered Calls 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary Well, we knew it was coming. After a two-month rally, we saw some major profit taking last week. The Nasdaq which had been up nineRead more

April 22, 2009

Amazon.com Breaks $80

by Rick Rouse / No Comments / Posted in Uncategorized, Daily Update, Option Trades

11:20am (EST) Amazon.com (AMZN, $81.10, up $2.36) had some good news after the bell last night which has helped push the shares past $80. The company has hooked up with TiVo (TIVO, $7.59, up $0.01) and will offer high definition movies and television shows for download to your TV setsRead more

April 20, 2009

Dow Falls Below 8,000

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

10:40am (EST) Amazon.com (AMZN, $77.95, down $0.10) opened higher this morning after an upgrade but has given back most of its gains since. I mentioned in the Weekly Wrap last night to set limit prices of $1.30 on the May 90 calls (ZQNER, $1.43, up $0.05). The options opened atRead more

April 15, 2009

Monday Morning Playbook Update

by Rick Rouse / No Comments / Posted in Company Commentary, Uncategorized, Financial Stocks, Daily Update, Option Trades, Earnings

1:50pm (EST) I mentioned a slew of names and trades in the Monday Morning Playbook in the Weekly Wrap Sunday night. Most of the trades have done rather well and here is a look at what has happened so far. Remember, in the Weekly Wrap I said all of theseRead more

April 14, 2009

Tuesday's Tidbits – Dendreon Countdown

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

8:30 am (EST) We have about 30 minutes before the Dendreon (DNDN, $7.30, up $1.00) news comes out but here are some other updates before we get consumed with the news. The stock was down 2 cents in after-hours trading before it was halted for this morning’s pending news. IRead more

April 13, 2009

Goldman Sachs Golden

by Rick Rouse / No Comments / Posted in Uncategorized, Daily Update, Option Trades

11:00am (EST) Goldman Sachs (GS, $129.08, up $4.75) is pushing higher this morning despite the Dow being off triple-digits. The stock is up nearly 4% as the company is set to report earnings Tuesday morning. In the Weekly Wrap last night I profiled the April 140 calls (GSDH, $2.32, upRead more

April 12, 2009

Weekly Wrap for 4/12/09

by Rick Rouse / No Comments / Posted in Momentum Stocks Weekly, Weekly Wrap RR, Uncategorized, Earnings, Company Commentary

1. Commentary 2. Take-Two Interactive Back in Play? 3. Banking on Bank of America Pays Off 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary Down but not out, the bulls staged a furious rally last Thursday that sent the bears a message thatRead more

April 7, 2009

Toyota Motors Headed Below $70?

by Rick Rouse / No Comments / Posted in Earnings, Company Commentary, Option Trades, Uncategorized, Daily Update

11:45 am (EST) Toyota Motors (TM, $73.06, down $0.61) looks like it could be headed below $70 and I like the April 70 puts (TMPW, $1.35, down $0.05) here at these levels for a quick one or two day trade. I would not pay more than $1.40-$1.45 for the putsRead more

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