Posts Tagged ‘Home Depot’

Futures Up, Hasbro Beats Street

9:10am (EST) Futures are trading slightly higher this morning as the market looks to end a four-week losing streak.  There is no economic news out today so the market will try to rally off earnings and enthusiasm.  In fact, it is a relatively quiet week in terms of economic reports except the weekly unemployment report whichRead more

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Market Set To Dip

9:15am (EST) European markets are bleeding red and the big talk is China’s Shanghai stock market which has fallen 5% on concerns about the Chinese economy.  The Dow Jones futures are off by 89, to 9,118.  The S&P 500 futures are down 10, to 979, while the Nasdaq futures are lower by 18, toRead more

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Home Depot Beats, Shares Up

9:10am (EST) Home Depot (HD, $26.11) beat Wall Street’s expectations this morning although revenue dropped 7%.  The stock is up $1, or 4%, to $27 in premarket trading.  The company earned $1.12 billion, or $0.66 a share versus $1.2 billion, or $0.71 a share, a year earlier.  The Street had been looking for aRead more

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Trade Updates

11:00pm (EST) Abercrombie & Fitch (ANF, $31.54, down $2.71) September 32 puts (ANFUJ, $2.20, up $1.00) Entry Price: $1.25 (8/14/09) Exit Target: $2.50 Return: 76% Stop: 60 cents, raise to $1.75 Action: Abercrombie was a train wreck all day and we did well by buying the puts during Friday’s run-upRead more

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Abercrombie & Fitch Put Options Up Over 50%

1:00pm (EST) Abercrombie & Fitch (ANF, $31.96, down $2.29) is down 7% today and the September 32 puts (ANFUJ, $2.00, up $0.80) are up 67%.  We went with the puts options at the open on Friday for $1.25 and I had accidentally listed the August 32.50 puts (ANFTZ, $1.05, up $0.70) at 40 centsRead more

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Home Depot and Lowe's Trade Lower/ Trading Service Update

9:00pm (EST) Home Depot (HD, $22.70, down $0.63) and Lowe’s (LOW, $19.02, down $0.61) lost 3% after a report showed first quarter mortgage delinquencies jumped to 12%. That means more than one in 10 people are behind on their house payments. Not only that, home owners with good credit areRead more

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Market Looking For Answers

The market is trading lower this morning and the Vegas over/under is 8000 for the Dow. I got 50 cents on the under. The index slid nearly 200 points at the open but has cut that in half trade which puts us at 8009. There are a few bright spotsRead more

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Home Depot Option Calls up 50%

Home Depot (HD, $29.33, up $1.26) had another big day Wednesday, rising 4.5% ahead of the August same-stores sales figures due out today. There are different opinions on what Home Depot’s numbers will be or how the market will react so let’s go over a few “educated guesses” in ourRead more

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Tax-Refund Plays

Refund checks hit consumers bank accounts today and here a few stocks that could trade higher over the next few weeks. Of course, there’s no guarantee that these stocks will trade higher but if consumers do decide to spend their rebates here’s where they may go: Best Buy (BBY, $45.32,Read 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.