Posts Tagged ‘Nike’

Nike (NKE) Keeps On Doing It

9:05am (EST)  The market continued its winning ways on Wednesday as the bulls celebrated St. Patrick’s Day with a bang.  We mentioned yesterday the Dow was poised to test our near-term target of 10,800 and we almost hit it.  We got some good economic news that helped fuel yesterday’s rally.  The Labor Department said the ProducerRead more

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3Q Earnings Kick-Off Start This Week

3:45pm (EST) Special Note: We are sending today’s Weekly Wrap early.  I am away on travel and hope to be back in the office by Monday morning.  In case I’m not, this is Monday Morning’s Update.  There is a NEW TRADE for Monday morning, Pepsico (PEP, $60.90, up $2.44), thatRead more

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New Testimonials – NKE, RIMM, DNDN

Futures Pointing Towards A Lower Open

9:00am (EST) The bulls and bears are having a battle this week and the action has been intense.  On Wednesday, heavy punches were thrown and by the end of the day, the bears had made it 2-to1 for the week. On Monday, the Dow rallied 124 points, Tuesday the Dow fell 47 afterRead more

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Nike Call Options Up 200%

1:15pm (EST) The market was off to a good start until the Chicago PMI number hit Wall Street. Economists were expecting a reading of 52 for September and we got 46, down from 50 in August. The Dow had been up over 20 points to 9,764 but quickly fell to a lowRead more

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Nike Beats Estimates, Stock Up

9:00am (EST) Nike (NKE, $63.90, up $3.81) is up over 6% in pre-market trading after beating Wall Street’s estimates on Tuesday.  For the quarter, the company earned $513 million, or $1.04 a share, versus $511 million, or $1.03 a share, in the year-ago period.  Analysts were looking for Nike to earn 97 cents aRead more

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MomentumOptionsTrading.com Morning Update for 9/29/09

9:15am (EST) Futures are pointing towards a slightly lower open this morning as Wall Street prepares for the latest batch of economic reports today.  The Dow rallied more than 120 points yesterday as M&A (merger and acquisition) activity took center stage once again. The rally could be short-lived if today’s economic news is weak.  Today,Read more

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Earnings: COST, KKD, LULU and a Nike Trade

Costco Wholesale (COST, $53.37, down $0.32) is recovering from its morning low of $50.70 after reporting a 1% gain in same-store sales for the quarter. The company earned $263 million, or $0.60 a share, compared with $262 million, $0.59 a share, a year ago. Revenue came in at $16 billion,Read more

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Buybacks Picking Up

With a lousy market you can get lousy stock prices. At least that what a few companies are thinking. Although we had an 800 point rally to close the week, there are a few companies who feel like the market has given them the opportunity to buy back shares ofRead 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.