Posts Tagged ‘Chesapeake Energy’

MomentumOptionsTrading.com Weekly Wrap for 8/1/10

11:00pm (EST) 1. Market Summary 2. Is Best Buy a Bargain? 3. Chesapeake Energy Looks Cheap 4. Week Ahead = = = = = = = = = = = = = = = 1. Market Summary There was a lot of action in the market last week between the bullsRead more

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Chesapeake Energy Up On Takeover Talks

One of our favorite stocks, Chesapeake Energy (CHK, $15.80, up $0.90), made the rumor mill rounds yesterday as there is speculation that British energy group BP PLC (BP, $42.70, up $1.92) is preparing a takeover bid. Man, don’t you love it when the M&A activity heats up? We’ve been downRead more

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Weekly Wrap 12/07/08

The market returned to its “normal” ways after a see-saw week in which the Dow had three up days and two down. Normal meaning volatility. After a solid winning streak to close November above 8,800, the Dow struggled to hold 8,000 and finished Friday at 8,635. All things considered itRead more

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Chesapeake Energy Sets New Low

Chesapeake Energy (CHK, $11.84, down $2.26) continued its free-fall today and is feeling the pinch from falling energy prices and increased inventories. Last Friday I mentioned the company was issuing more shares to raise nearly $2 billion in capital which would dilute shareholder value. Chesapeake plans to use the proceedsRead more

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Market Reverses Course

The market is rebounding after a lower opening this morning as Wall Street has shrugged off some bad economic news and is focusing on keeping the Dow above 8,000. Aside from Monday’s dramatic 680 point debacle, the Dow had been on a nice winning streak. This has raised the bullsRead more

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Chesapeake Energy Put Options Hit Target

Here’s a quick update on what is going on with our Chesapeake Energy (CHK, $14.25, down $0.75) trade. The stock lost 5% today and over $2 on Monday after Wall Street seemed disappointed with OPEC having deferred a decision on cutting crude oil production over the weekend. Other energy stocksRead more

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Market Down 400

Despite what was initially thought as a “successful” start to the holiday season, the Dow is down over 400 points as we hit mid-day. The figures from Black Friday were higher than what many analysts had been expecting as sales rose 3% to $10.6 billion. However, this is supposedly theRead more

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Black Friday Update

The market is closing at 1PM today and we’ve got about a half hour to go. Here’s what we’re watching: Citigroup (C, $8.27, up $1.22) has moved above $8. This was my near-term target for the stock and the December 5 calls (CLP, $3.40, up $1.00) are now deep-in-the-money andRead more

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Yahoo Jumps Despite Google Changing Mind

Yahoo (YHOO, $13.92, up $0.57) was back in the news again on Wednesday. The stock had a strong day despite the fact that Google (GOOG, $342.24, down $24.70) backed out of its advertising outsourcing agreement with the company. At one point, Yahoo traded as high as $14.84. There were manyRead more

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Chesapeake Benefits From Obama Victory, Takeover Talks

With a half-hour left to go in today’s trading session, the Dow is down 400 points to 9,225 but there are some pockets of strength in certain sectors. Chesapeake Energy (CHK, $26.10, up $3.15) is having a monster day as Wall Street seems to believe that Chesapeake and other naturalRead more

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