1:00pm (EST) After a strong start, the market has slipped as all three major indexes are slightly down. The losses are minimal so maybe the bulls are resting for another afternoon rally. Not much is happening with our positions and remember Chipotle Mexican Grill (CMG, $87.78, down $0.52) is reportingRead more
DryShips Seeing Some Action
Market Takes A Break
DryShips in Play
Is Dendreon Headed for Double Digits?
Investing in Biotech stocks can be an exciting, yet risky investment. Investing in Biotech options can takes that same risk/ reward to another level. Assessing how these stocks react to certain news concerning FDA approvals and clinical trials is an art in itself and requires specialized knowledge. However, once youRead more
AutoZone Breaks Below $130
We left the AutoZone (AZO, $130.64, down $2.42) trade open over the weekend hoping to get a break below $130 which was achieved 30 minutes into today’s trading session. The stock got a downgrade from “Outperform” to “Market Perform” which has pushed the shares lower. I’m not really sure whatRead more
Everybody's Working For The Weekend
Trade Updates
Market Flat Despite Unemployment Claims
DryShips Continues Push Higher
Trading just got underway and DryShips (DRYS, $8.75, up $1.58) is surging another 20%. I mentioned the stock yesterday morning and how the bulls were pushing the stock higher. Some of this may also be short-covering as DryShips has gotten hammered so low that the shorts are now being forcedRead more