Posts Tagged ‘DryShips’

DryShips Seeing Some Action

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

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Market Takes A Break

After the huge rally we got yesterday, the market traded in somewhat of a narrow range. The Dow opened lower and was down triple-digits before turning positive right after lunch. However, by the end of the day the bulls seemed tired and packed it in early. As a result, theRead more

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DryShips in Play

DryShips (DRYS, $5.68, up $0.78) is up nearly 20% and has been strong all day. The stock opened this monrning at $5.05 and has traded as high as $5.85. The company came out of nowhere and said they will announce earnings after the bell today. I didn’t have an earningsRead more

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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

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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

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Everybody's Working For The Weekend

The first full week of trading is coming to a close and it sure feels good have the weekend coming up. After a couple of weeks with holidays, the market worked full-time this week and appears to be headed for a lower week. Wall Street has been hit with aRead more

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Trade Updates

Alcoa (AA, $11.86, down $0.25) opened lower and struggled all day to stay in positive territory. The company will report earnings next Monday, January 12. The Alcoa January 10 calls (AAAB, $2.23, down $0.09) had a stop of $2 which was hit today. These calls could have been entered onRead more

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Market Flat Despite Unemployment Claims

The market has managed to hold its own despite an unexpected jump in the number of people filing for unemployment. New claims for jobless benefits rose to 573,000 from an upwardly revised figure of 515,000 in the previous week. That knocked the socks off Wall Street which was far moreRead more

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When To Sell

You never want to sell too early when you have a monster option trade in progress. Sometimes when you catch a wave and turn a small amount of money into a big amount of money your emotions will try and get the best of you. When you take a $1,000Read more

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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

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GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH Momentum Options Trading, LLC CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CIRCUMSTANCE. THERE IS SUBSTANTIAL RISK IN TRADING. A LOSS INCURRED IN CONNECTION WITH FUTURES TRADING CAN BE SIGNIFICANT. WE MAKE NO CLAIM REGARDING PAST OR FUTURE PERFORMANCE. WE MERELY TRACK EVERY TRADE AND SHOW THE PERFORMANCE OF ALL TRADES THE SYSTEM OR NEWSLETTER PRODUCES. SIMULATED TRADING IS DIFFERENT THAN TRADING REAL MONEY. HYPOTHETICAL RESULTS ARE NOT REAL RESULTS. PLEASE CONTACT YOUR BROKER ABOUT THE RISK OR TRADING STOCKS, OPTIONS OR FUTURES. ALL COMMUNICATIONS ARE OPINIONS NOT ADVICE.

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.