Posts Tagged ‘American International Group’

Dendreon Rumors Making Rounds Again

1:00pm (EST) It’s been another battle today as both bulls and bears struggle to gain momentum.  The Dow opened with a slight loss and traded to a low of 10,273 before bouncing back and touching a high of 10,364.  As Wall Street gets ready for the 2nd half of today’sRead more

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A123 Systems Jumps 17%

9:00am (EST) To quote a famous football coach of the Green Bay Packers back in the day… “What the hell is going on around here?”… We did a big write-up on A123 Systems (AONE, $17.09, up $2.56) yesterday at 12:45pm when the stock was at $14.75 and shortly after 1pm theRead more

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Bulls Fighting Back

12:45pm (EST) The market is has come off its morning lows but is still in negative territory for the day.  The China news really put a damper on yesterday’s rally.  The Chinese banks were pressured by concerns of capital-raises and some regulators want higher capital ratios.   As a result, theRead more

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AIG Gets A Downgrade, Imagine That

9:00am (EST)   American International Group (AIG, $35.45, down $4.20) fell 10% yesterday after a Credit Suisse analyst downgraded the stock from “Neutral” to “Underperform”.  Their research pointed to the fact that “near term monetization of value of businesses suggests little to no value for common equity.”   For those of youRead more

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Wednesday's WakeUp Call

9:10am (EST) Futures are up slightly lower as we get ready for this morning’s trading action.  Yesterday, the bears ruled Wall Street and it looks like they could get the ball first this morning.  Dow futures are down 25 points to 9,278 while the Nasdaq futures are lower by 4.5 points, to 1,591.  S&PRead more

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AIG Now Pushing $50

12:45 pm (EST) Wow.  I knew last night/ this morning when I was writing the American International Group (AIG, $48.19, up $10.50) blog, I was thinking to myself… “this thing really could hit $50.”  Folks, there are no shares to short and the only play has been long for the pastRead more

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American International Group Could Hit $40

3:30am (EST) The early bird gets the worm… Last week I had moved American International Group (AIG, $37.69, up $3.72) to the top of the food chain (our Watch List) as the stock stood at $33.  Now, remember, AIG was at $13 at the beginning of the month.  On August 20th, hereRead more

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Random Thoughts for Thursday – AIG, Imax

11:40am (EST) Blame it on the jet lag… It has been hard to get back on track after the weekend’s road trip but I’m getting there, folks… Man, you have to love this market. I was updating the portfolio which by the way is available anytime you want to seeRead more

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Next Week's News

12:20pm (EST) With the weekend coming up, it’s always good to plan ahead. Alcoa (AA, $9.20, down $0.02) may have “unofficially” opened earnings season this week but as Thin Lizzy would say…The Boys are back in town, again…. Goldman Sachs (GS, $142.60, down $0.61) will “unofficially” kick off earnings forRead more

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Uh Oh, Market Takes Turn for the Worse

10:45pm (EST) In what started out as a “steady” day for the bulls turned out to be a disaster waiting to happen. I have been warning of keeping an eye on the exit door in case the bull market takes a break and the exit door just opened. Just howRead more

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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.