Posts Tagged ‘ARNA call options’

Arena Pharmaceuticals (ARNA) Wins Approval, Shares Halted

1:00pm (EST) The bulls are making another push higher and have cracked the first layer of resistance as we head into the second half of trading.  We mentioned this morning inside our Members Area that the current choppy action could continue for a few weeks if the market followed lastRead more

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Arena Pharmaceuticals (ARNA) Pops Past $7

12:30pm (EST) The $125 billion Spain Bank Aid has turned into a temporary bank aid that Wall Street isn’t buying as the market is trading lower heading into the second half of trading.  Futures were showing a strong open when we hit the rack last night but were cut inRead more

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Bears Show Teeth, Bulls Bite Back

12:55pm Wall Street notes… We were like a kid on Christmas as futures were showing a triple-digit loss for the blue-chips when we hit the rack.  We knew when we woke up one of our presents would be a biotech trade that could triple at the open.  We got aRead more

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Bulls Pushing, Bears Pulling

12:40pm (EST) The market is slightly positive heading into the second half of trading as jobless claims remained flat which was “good news” as many were expecting worse numbers.  News from overseas has been “positive” following the takeover of Spain’s third largest bank by its government which has helped itsRead 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.