Posts Tagged ‘HPQ’

Hewlett-Packard (HPQ) Puzzles Wall Street, Shares Slammed

1:30pm (EST) The market has traded on both sides of the ledger today as the bears were able to push near-term support while the bulls have battled back as we head into the second half of trading.  It seems Wall Street is having a hard time deciding on whether toRead more

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Bull Stampede Coming at the Open

9:00am (EST) We didn’t expect much from Monday’s action as economic news was light and earnings are winding down to a trickle ahead of July’s big 2Q announcements.  As such, the market ended flat for the session but we expect the action will pick up starting this morning as we have a numberRead more

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Futures Lower on Korean Conflict

9:00am (EST) The market ended mixed on Monday as the Nasdaq closed in positive territory while the Dow and S&P 500 finished in the red but off their lows of the session.  Financial stocks were weak, led by Goldman Sachs (GS, $161.05, down $5.62) after it was named in aRead more

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Tech Banking On Hewlett-Packard (HPQ)

12:20pm (EST) The market opened lower to start today’s trading as European debt concerns continue to weigh on the market.  Although Ireland got a lifeline, the bears believe the bailout will not be enough to stabilize the region and are now looking for Portugal needing one.  However, these problems have beenRead more

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Bears Trying to Hold Resistance

9:00am (EST) The market is pointing towards a lower open this morning to start the holiday-shortened week on concerns over the health of a few European banks.  There isn’t much economic news or earnings releases scheduled to hit Wall Street this week so trading could be tricky.  Although news will be light,Read more

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Expect a Triple-Digit Dow Move on Friday

1:30pm (EST) You can almost feel the tension today between the bulls and bears as the market has stayed in a tight trading range.  The major indexes are showing slight gains as better-than-expected numbers on housing and retail have provided the bulls some ammo heading into Friday’s update on employment.Read more

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Futures Up on More M&A Talk

9:00am (EST) Futures are pointing towards a slightly higher open this morning as mergers and acquisitions (M&A) have once again taken center stage. Hewlett-Packard (HPQ, $39.85, down $0.91) has made a $1.5 billion bid for data storage provider 3Par (PAR, $18.04, up $0.01) this morning, just a week after rival DellRead more

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Bears Gaining Momentum

9:00am (EST) The bulls got a nasty wake-up call yesterday as the bears punished the market and are gathering strength to do some more damage. The Dow ended Thursday with a loss of 144 points, or 1.4%, to close at 10,271.  All 30 stocks that make up the Dow finished inRead more

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Market Tanks But Holds Support

2:35pm (EST) Sorry for the late update folks, but, we were watching the charts to see if support was going to hold today and wanted to wait an extra hour or so before sending this out… The bulls got a double-whammy this morning and had their hopes of any rallyRead more

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Bulls Back in Familiar Territory

9:00am (EST) Trying to predict the market is never an easy gig, but if you have solid technical analysis it can help.  The bulls broke through resistance on Monday as the market looks ahead towards today’s Fed meeting. Many of you know we have been in a choppy market, butRead 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.