9:05am (EST) The Dow managed to squeak out a small gain of 2 points yesterday and closed at 10,405 after dipping into negative territory in the final hour. Despite Tuesday’s choppy action, the Dow managed to stay above 10,400 for the second consecutive day, something that hasn’t happened since mid-January. Meanwhile, the S&P 500 also addedRead more
Wednesday’s Wakeup Call
Weekly Wrap for 9/7/09
11:00pm (EST) 1. Commentary 2. Imax Could Be A Wildcard 3. Earnings 4. Current Trades 5. Closing Thoughts ************************************************** 1. Commentary The market was on pins and needles all week as all eyes were on “the number” before the bell on Friday. It was a choppy week that started offRead more
Disney Buying Marvel
9:15am (EST) The Walt Disney Company (DIS, $26.84) has agreed to acquire Marvel Entertainment (MVL, $38.65) in a stock and cash deal that will provide significant opportunities for Disney over the long run. Under the terms of the deal and based Disney’s closing price as of Friday, Marvel stockholders will receiveRead more
Casino Stocks Rolling/ Banks in Focus
Weekly Wrap for 2/8/09
1. Commentary 2. Straddle’s Part 2 (Amazon Keeps on Rolling) 3. Financial Sector (open positions) 4. Akamai Technologies 5. Current Trades 6. Earnings 7. Closing Thoughts ************************************************** 1. Commentary The market had an outstanding week and it has been a minute since I have said that. For all of theRead more