Posts Tagged ‘eBay’

Bulls Struggling at Resistance

12:35pm (EST) The market got a slight bid at the open as the bulls added some fluff to yesterday’s gains but the action has been choppy as we head into the second half of trading.  Economic news favored the bears this morning which slowed the 2-day momentum and tomorrow’s JulyRead more

More

Bulls Eye April Highs, Bears Banking on Greece

9:00am (EST) Well, Europe didn’t flare up and 4Q earnings came in halfway decent for some, not so good for others.  These were the 2 catalysts that we said would move the market higher or lower last week and the results favored the bulls who were able to push anotherRead more

More

Microsoft (MSFT) Buys Skype, eBay (EBAY) Up

9:00am (EST) The bulls passed a key test on Friday and Monday as they got wins on both days following yesterday’s pop.  The market was flat for much of the morning session although commodities were rebounding following last week’s selloff.  Oil, gold and silver all traded higher despite an earlyRead more

More

Let the Grilling Begin

12:20pm (EST) The market has traded in a tight range today ahead of the Fed’s conclusion of its two-day meeting on interest rates.  The latest FOMC policy statement is due at 12:30pm (EST) which will be followed by a Q&A session with Fed Chairman, Ben Bernanke. Futures were pointing towardsRead more

More

Dow Goes For Five

9:00am (EST)     The Dow continued its winning ways on Thursday as the bulls battled back from a 1% drubbing to take the Dow higher for the 4th straight day.  The bears were doing some damage as the market started with a quick trip into negative territory with disappointing forecasts from eBay (EBAY, $24.78, down $1.51) and Qualcomm (QCOM,Read more

More

Goldman Sachs (GS) Gets Slapped By SEC

1:10pm (EST)     Unbelievable. We have been expecting a curveball and all week we have been warning our subscribers that something doesn’t feel right. The market got a nasty knuckler from Goldman Sachs (GS, $159.32, down $24.95) today and Wall Street is still in shock. [caption id=”attachment_5143″ align=”aligncenter” width=”448″ caption=”Goldman SachsRead more

More

eBay Beats Earnings, Shares Up

eBay (EBAY, $14.78, up $0.49) announced its earnings dipped over 20% after the bell but their numbers still beat Wall Street’s expectations. The company earned $357 million, or $0.28 a share, versus $460 million, or $0.34, a year earlier. The Street was expecting $0.34 and if you exclude charges, eBayRead more

More

Amazon.com Breaks $80

11:20am (EST) Amazon.com (AMZN, $81.10, up $2.36) had some good news after the bell last night which has helped push the shares past $80. The company has hooked up with TiVo (TIVO, $7.59, up $0.01) and will offer high definition movies and television shows for download to your TV setsRead more

More

Weekly Wrap 1/25/09

1. Commentary 2. Financials 3. Techs 4. Biotechs 5. Earnings 6. Closing Thoughts ************************************************** 1. Commentary The market continued its slide as the all three major indexes lost ground again last week. There was strength in certain sectors while other sectors continued their volatile ways, especially the financial stocks. TheRead more

More

Market Reverses Course

The market started off in positive territory as the Dow traded to a high of 8100 but just turned negative after an hour and a half of trading. The Dow’s 150-point gain has been wiped out and as the Senate is grilling President Barack Obama’s Treasury Secretary nominee, Timothy Geithner,Read more

More

CFTC Disclosure:

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.