9:00am (EST) We mentioned yesterday we were excited about the market going lower because A) it proved our homework back in August was about to pay off and B) our subscribers have made a wheelbarrow full of money over the past few weeks following our option recommendations. Of course, 2011 hasRead more
Market Hits Fresh 2011 Lows
Dow Eyes 10,000
9:05am (EST) Futures are pointing towards a HUGE open this morning after strong earnings results from Intel (INTC, $20.49) and JPMorgan Chase (JPM, $45.66). JPMorgan Chase easily beat Wall Street’s expectations, after reporting a profit of $3.6 billion for the quarter. Although the company said loan losses are still high and are likelyRead more
Intel Pushing Higher Ahead Of Earnings
JPMorgan Up Pre-Market/ Google On Deck
Monday Morning Playbook Update
Weekly Wrap for 4/12/09
1. Commentary 2. Take-Two Interactive Back in Play? 3. Banking on Bank of America Pays Off 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary Down but not out, the bulls staged a furious rally last Thursday that sent the bears a message thatRead more
It's All About the Financials
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
Bailout Signed, Market Retreats
It’s official. After a week of haggling, the House finally approved the $700 billion government bailout of the financial industry on Friday with President Bush quickly putting his John Hancock on the bill. It was almost a foregone conclusion that the bill would get passed and the bulls on WallRead more