9:05am (EST) The market traded in negative territory for the most part on Wednesday although the afternoon session saw more strength. Trading was choppy after lunch and the bears ended up taking the day as the Dow dipped 20 points to settle at 10,038. The bulls stepped in when the DowRead more
Big Day For Earnings
Wednesday’s Wake-Up Call
Buffalo Pops, USEC Drops
Futures Pointing Towards Lower Open
DryShips Options Hit Pay Dirt
11:15am (EST) DryShips (DRYS, $6.74, up $0.51) is having a huge day, rallying 7%, ahead of Friday’s earnings announcement. Here are the trades I profiled from last Tuesday: August 7 calls (OOCHJ, $0.50, up $0.20) Entry Price: $0.25 (7/21/09) Exit Price: $0.50 Return: 100% Stop: None September 7.50 calls (OOCIU,Read more
Weekly Wrap for 7/26/09
1. Commentary 2. Green Mountain Coffee Roasters Brewing Big Gains 3. Earnings 4. Current Trades & Closed Trades 5. Monday Morning Playbook 6. Closing Thoughts ************************************************** 1. Commentary The market continued its upward momentum last week after a wave of better-than-expected earnings helped pushed the Dow over 9,000. Nearly halfRead more
Weekly Wrap for 4/26/09
1. Commentary 2. Dendreon’s Big Day 3. Marvel Entertainment is Marvelous 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary It was another whacky week for the market and in the end; the bulls got what they wanted. Once again, the bears started offRead more