Posts Tagged ‘Electronic Arts’

Electronic Arts Disappoints, Disney Due, Toyota’s Troubles Continue

9:00am (EST) The bulls could not follow through with Friday’s last hour comeback as the bears seemed ready to stop any momentum they thought they had.  We mentioned how trading was choppy in our midday update but things got worse from there.  The Dow finished with a 103 point lossRead more

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Weekly Wrap for 3/22/09

1. Commentary 2. Take-Two Revisited 3. Is Dendreon Headed for Double Digits? 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary The market got off to a good start last week but struggled to hold onto gains by the end of a five-day workRead more

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Wednesday Morning Update

Here’s a look at what we got going on this morning… The market is in positive territory as BMad is back in the news today. You know, Bernard Madoff, the dude that milked investors for $50 billion in the world’s greatest Ponzi scheme. Bernie told the courts today that heRead more

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EA Misses, Cuts Jobs

Electronic Arts (ERTS, $15.50, up $0.64) posted weaker-than-expected earnings after the bell and said it would delay the release of several hit games. And guess what? The stock went up. The company reported a profit of $0.56 a share versus expectations of $0.88 a share for the fourth quarter butRead more

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Electronic Arts On Deck

Electronic Arts (ERTS, $14.86, down $0.58) will report earnings on Tuesday and Wall Street is expecting 90 cents a share for the quarter. The company will report after the closing bell as they are on the left coast and will announce at 2PM (5PM stock market time). This will giveRead more

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Update on GLD, ERTS

The Spider Gold Shares (GLD, $90.30, down $1.01) opened lower this morning and these look like good entry points for the March 99 calls (GLDCU, $2.38, down $0.52) and the March 100 calls (GLDCV, $2.15, down $0.50). However, do not pay market price for them. Put in limit orders ofRead more

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Weekly Wrap for 2/1/09

1. Commentary 2. Month-end Review 3. Opening and Managing a Trading Account 4. Using Option Straddles 5. Current Trades 6. Earnings 7. Closing Thoughts ************************************************** 1. Commentary The market suffered its fourth straight losing week but the losses were kept to less than 1%. The Dow got off to aRead more

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Take-Two Takes A Hit

Take-Two Interactive Software (TTWO, $9.07, down $3.00) is down 25% after reporting lousy earnings. The company posted a loss of $15 million, or $0.20 a share, which doubled the loss of $7 million, or $0.10 cents a share, from a year ago. Even worse, Take-Two said it now expects earningsRead more

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Weekly Wrap 12/14/08

Believe it or not, the market managed to hold its own for the week despite a continuing string of bad news. Going into Friday morning, the market looked poised to end the week on a sour note as Congress rejected the proposed auto bailout. As the week dragged on, itRead 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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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.