Posts Tagged ‘Yahoo’

Big Ben's Comments Could Sway Market; Yahoo (YHOO) Hits New Lows

12:50pm (EST) The bulls are ready to add to yesterday’s gains as the market is trading slightly higher ahead of today’s “big event”.  There have been a few positive earnings announcements this morning as a number of companies beat expectations on the top and bottom lines.  There have also been someRead more

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Wednesday's Wake-Up Call

9:15am (EST) Futures are pointing towards a lower opening on Wall Street this morning as 3Q earnings reports once again set the market’s mood.  There are quite a few companies that continue to post better-than-expected results but one thing that is worrisome is that the market is not making HUGE moves.  One thing we haven’tRead more

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Housing Starts Drops Market

1:00pm (EST) The bears took advantage of a weak housing report today and have crashed the earnings party the bulls were ready to have.  The Commerce Department said applications for home building permits, a measure of future construction, fell in September by the largest amount in five months.  Not a good signRead more

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Yahoo Beats Street, Profits Tank

8:40am (EST) I’ve been talking about the Tech rally for over a month now which has helped the Nasdaq post a 6% gain YTD. Sure, some stocks deserve to trade at higher multiples than other Tech stocks but when you have good companies getting punished for great earnings while badRead more

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Dow Falls Below 8,000

10:40am (EST) Amazon.com (AMZN, $77.95, down $0.10) opened higher this morning after an upgrade but has given back most of its gains since. I mentioned in the Weekly Wrap last night to set limit prices of $1.30 on the May 90 calls (ZQNER, $1.43, up $0.05). The options opened atRead more

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Yahoo Shareholder Urges Sale

Yahoo (YHOO, $12.83, up $0.64) is trading higher this morning after one of the company’s largest shareholders has made a plea for the company to pursue a sale of its search unit to Microsoft (MSFT, $20.77, up $0.17). Ivory Investment Management owns a little over 21 million shares of Yahoo,Read more

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Black Friday Update

The market is closing at 1PM today and we’ve got about a half hour to go. Here’s what we’re watching: Citigroup (C, $8.27, up $1.22) has moved above $8. This was my near-term target for the stock and the December 5 calls (CLP, $3.40, up $1.00) are now deep-in-the-money andRead more

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Yahoo's CEO Steps Down

Jerry Yang might not be Yahoo’s CEO anymore but he did stay at a Holiday Inn Express last night. Shares of Yahoo (YHOO, $12.10, up $1.47) are up nearly 15% today on news that co-founder Yang will step down from his CEO duties once the company finds a replacement. InRead more

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Yahoo Jumps Despite Google Changing Mind

Yahoo (YHOO, $13.92, up $0.57) was back in the news again on Wednesday. The stock had a strong day despite the fact that Google (GOOG, $342.24, down $24.70) backed out of its advertising outsourcing agreement with the company. At one point, Yahoo traded as high as $14.84. There were manyRead more

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Lottery Portfolio Update

Here’s an update from the lottery plays I profiled last Monday: Entry Exit Current Action Expiration Microsoft (MSFT, $23.93) April 25 calls (MSQDE) $2.35 $2.90 $3.00 Hold 4/17/09 Google (GOOG, $372.54) March 500 calls (GOPCO) $11.50 $15.00 $17.00 Hold 3/20/09 Yahoo (YHOO, $12.90) January 17.50 calls (YHQAW) $1.30 $1.20 BuyRead 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.