10:45am (EST) There’s not a lot of green out there as the bulls are taking a breather ahead of the FOMC fireworks. I was pushed for time this morning which is why I posted right at the opening bell. I have been busy with a couple of projects which I willRead more
Random Thoughts
Bulls Push Market Higher, Nvidia Trade, Close BofA August Call Options
Futures Pointing Towards Big Open
Halftime Hits
Ford (F, $7.91, up $0.52) continues to push $8 and is looking golden to hit $10 by year-end if not sooner. Rick@MomentumOptionsTrading.com]]>
Trade Updates
11:15pm (EST) Ford (F, $7.39, up $0.27) December 6 calls (FLI, $1.85, up $0.20) Entry Price: $1.25 (5/18/09) Exit Price: $2.50 Return: 48% Stop: $1.45 December 7 calls (FLJ, $1.20, up $0.13) Entry Price: $1.00 (5/18/09) Exit Price: $1.50-$2.00 Return: 20% Stop: 75 cents, raise to $1.00 Action: Another newRead more
Wednesday's Wrap
11:30pm (EST) Don’t shoot the messenger… Green Mountain Coffee Roasters (GMCR, $67.50, down $0.25) reported earnings after the bell and said profits doubled but they missed Wall Street’s expectations on the revenue side. I kept mentioning to get out of this earnings trade before the closing bell andRead more