Category Archive for ‘Uncategorized’

April 3, 2009

RIMM Bets Pay Off/ Dendreon Over $5

by Rick Rouse / No Comments / Posted in Rick's Account, Uncategorized, Daily Update, Earnings, Option Trades

12:10 pm (EST) Research In Motion (RIMM, $59.10, up $10.01) is stealing the show today as the stock is up 20% after reporting better-than-expected earnings. The stock opened at $59.76 and hit a high of $60.95. In pre-market trading, the stock was above $63. Still, today’s big move in theRead more

March 30, 2009

Weekly Market Wrap for 3/29/09

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

1. Commentary 2. Research In Motion Earnings Preview 3. Further Gains For First Solar? 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary Despite Friday’s 148 point drubbing, the Dow had a fantastic week as it gained nearly 500 points to finish at 7,776,Read more

March 27, 2009

Why I Love Trading Options

by Rick Rouse / No Comments / Posted in Option Trades, Daily Update, Rick's Account, Sectors, Market Analysis, Company Commentary, Strategies, Uncategorized

It’s been an exciting week and we have been involved in a bunch of good trades lately. The market has had its ups and downs but the trend for the week has been higher. The Nasdaq proved it wasn’t its first rodeo and is now positive for 2009. Yeap, theRead more

March 19, 2009

Is Dendreon Headed for Double Digits?

by Rick Rouse / 1 Comment / Posted in Uncategorized, Daily Update

Investing in Biotech stocks can be an exciting, yet risky investment. Investing in Biotech options can takes that same risk/ reward to another level. Assessing how these stocks react to certain news concerning FDA approvals and clinical trials is an art in itself and requires specialized knowledge. However, once youRead more

March 5, 2009

Start Half Positions In Exxon Mobil

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

The Dow is taking another blow as the index is down 191 points to 6,684. The S&P is off 23 to 689 and well below the 700 level the bulls were clinging to. Things look bad but we have been expecting this bottoming process. I told you the Dow wasRead more

March 4, 2009

Freeport-McMoran Stages Furious Comeback

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

We were whipsawed out of the Freeport-McMoran (FCX, $32.31, up $3.90) trade from last Friday when the stock dropped $4 yesterday. Naturally, I didn’t expect a 10% drop in the stock price when we bought the March 35 calls (FCXCG, $1.50, up $0.97) for under a $1. The calls tradedRead more

February 27, 2009

Amgen Aching

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

Amgen (AMGN, $50.08, down $1.15) is no stranger to the blog and we recently closed a trade on some call options back on 2/11. I had profiled the March 60 calls (YAACL, $0.07, down $0.09) back on 2/2 and at the time they were going for $1.20. Amgen went onRead more

February 26, 2009

Trade Updates: AZO, BAC, IBM, SWY

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

Not much has been happening with AutoZone (AZO, $141.08, down $2.80) since I profiled the stock on Tuesday. The March 160 calls (AZOCL, $1.50, down $1.50) were at $2.30 and the March 130 puts (AZOOF, $3.80, down $0.80) were at $3.90. My initial hopes were that the stock would haveRead more

February 19, 2009

Dow Falls Below 7500

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

Research in Motion (RIMM, $41.87, down $0.23) is trading lower again this morning and has hit a low of $40.97. I had mentioned yesterday that the stock looks headed below $40 but sometimes its nerve racking when you have a short position in a well-known and popular stock that isRead more

February 18, 2009

Night Owls Calling

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

Just checking in on the futures…I must be sleepwalking. At 1AM right coast time, the Dow futures are up 54, the S&P 500 is up 6.30 while the Nasdaq futures are up 5.50. This is indicating a slightly higher open to start Wednesday’s trading session but European markets have yetRead more

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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.