Posts Tagged ‘Blackstone Group’

Bulls Find No Room to Run/ Ford Put Play

1:00pm (EST) It’s been a tough week if you were bullish on the market trading higher. As we head into the final hours of trading, the Dow is down 150 points to 8,318. The Nasdaq is suffering the most as it is down 2.1%, or 36 points, to 1,678. NewsRead more

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Wednesday's Wake-Up Call

9:15am (EST) Here is a quick rundown of what we have going on: Barrick Gold (ABX, $35.10, up $1.46) May 30 calls (ABXEF, $5.10, up $1.40) Entry Price: $1.35 (4/21/09) Exit Price: $5.00 (5/12/09) Return: 270% We started closing out positions yesterday and most of you should have gotten atRead more

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Banks Take Breather

9:00am (EST) Now that the stress test has come and gone for the banks, it didn’t take long for the ones who needed new capital to raise money. Last week, 19 banks were examined to determine their ability to weather a deep economic downturn. After weeks and hype and anticipation,Read more

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Weekly Wrap for 5/10/09

GE Regains Strength

Diary of an Option Trader

11:15am (EST) The unemployment numbers really threw a monkey wrench in this morning’s trading plan and despite the Dow’s best efforts, we have slipped off of our highs. The unemployment rate jumped again, to 8.9% from 8.5%, as many businesses continue to be cautious from hiring. Selected areas are pickingRead more

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Blackstone Group Could Hit Teens

There has been a lot of chatter about the prospects of Blackstone Group (BX, $8.22, up $0.41) this week and judging by the stock’s option activity, shares could be headed above $10 quickly. The company is a private equity firm that that could be a key player on how wellRead more

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CFTC Disclosure:

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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.