3:00am (EST) I was up late last night working on a few trades that I might deploy this morning when the market opens. I rarely do these types of trades but I wanted to show you another aspect of option trading that occurs every single day that most people neverRead more
Freaky Friday
Bank Of America Breaks $15
Thursday Wake-Up Call
Casino Stocks Rolling/ Banks in Focus
Bank Stress Test News Coming
Monday Morning Playbook Update
Last Word on Citigroup
Citigroup (C, $4.01, up $0.21) was rolling again yesterday morning and managed to trade as high as $4.48 within the first hour of trading. The stock still finished 5% higher for the day but well off its highs. Given the Goldman Sachs (GS, $115.11, down $15.04) sell-off that was happeningRead more
Weekly Wrap for 4/12/09
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
Weekly Wrap for 3/22/09
1. Commentary 2. Take-Two Revisited 3. Is Dendreon Headed for Double Digits? 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary The market got off to a good start last week but struggled to hold onto gains by the end of a five-day workRead more
Bank of America Swells Up
Bank of America (BAC, $7.67, up $1.40) had another fantastic outing as the stock added another 22% today. Talk about having a tiger by the tail. The stock started higher right out of the gate and continued its upswing throughout the session after the company’s CEO said BofA could repayRead more