Sign inRecent Commentaries tagged (uncategorized)
Options Player Reveals Long-Term Bullish Sentiment on AIG
Today’s tickers: AIG, MU, F, POT, CLF, PAYX, ERIC, SVU, LFC & CA AIG - American International Group, Inc. – The insurer’s shares experienced a fantastic 56.7% run up from its low point in the current month of $24.54 on March 3, 2010, up to yesterday’s intraday high of $38.45. During the current...
The Loud Noise Cityside Tickets Inc. CIST.PK
Cityside (PINK:CIST) has a big mouth when presenting themselves, but apart from saying “we’re gonna take a piece of the $8 billion ticket selling industry” they have nothing else to present. If you follow this CIST stock, you might have seen their CEO talk on FOX. That guy didn’t answer a single...
One Month Replay and Going Forward
One strategy I’ve been employing lately is buying strength. While many have been successfully “buying the dip",” buying the dip can kill you if you’re wrong. I often prefer buying strength. Buying when the market is up and internals are strong. I only started buying this rally on March 2nd. I...
The Oxen Report: Can We Go Any Higher?
I will get to a recap after I finish the post. Short Sale of the Day: Hibbett Sports Inc. Analysis: For some reason, I cannot recommend a Buy Pick. Nothing meets my criteria because it is all way too overvalued. I want to be bullish. I want to blindly recommend some ETF or stock, but I just...
Friday Chart Toppers - Breaking Up Is Hard To Do!
They say that breaking up is hard to do. Well, not for this market it seems as we make new highs on ever decreasing volumes. While I have been very skeptical of this rally, at some point you have to give in and go with the flow. As I said at the end of yesterday’s post, "We still have a...
Anadys Pharm-Bull Eyes Upside, Buys Call Spread
Today’s tickers: ANDS, FXI, GME, BIIB, TRA, WYN & AES ANDS - Anadys Pharmaceuticals, Inc. – Biotechnology firm, Anadys Pharmaceuticals, enticed a long-term bullish investor to shell out option premium in order to establish a debit call spread in the September contract. ANDS-shares are trading...
The Oxen Report: Overnight Trade Looks to Independent Oil Producer
Yesterday, we had a nice day with our Short Sale of the Day on Harbin Electric Inc. (HRBN), which was a short sale good for 2.8%. We got into Harbin in the morning at 25.60. We watched the stock sit at 25.75 for the majority of the day, but at 2 PM, HRBN started to lose buyer interest as seller...
218 New Billionaires Averaged $500M in Gains Last Year - How Are You Doing?
That’s right, the new Forbes list is out where we celebrate the top .000014%! Thanks to an unprecedented concentration of wealth, the World’s supply of Billionaires jumped 27% in 2009 and the 1,011 people in the club accumulated an AVERAGE of $500M more Dollars EACH! Isn’t that great? That’s...
Being Persistent
As I have discussed in previous posts the current market environment has not been offering many consistent opportunities. Sometimes there is easy money to be made for about an hour or two each day. Another characteristic of this market has been the increase in program trading, also known as...
Bearish Put Butterfly Spread Materializes on Emerging Markets Fund
Today’s tickers: EEM, GE, PXD, STI, VLO, UPS, RF, NWL, HNT & FFIV EEM - iShares MSCI Emerging Markets Index ETF – A contrarian options trader established a large-volume bearish put butterfly spread in the June contract this afternoon even though shares of the emerging markets exchange-traded...
The Oxen Report: Opportunities Limited on a Neutral Wednesday
Yesterday was a pretty rough day for us. Both of our picks were pretty weak. The Buy Pick of the Day was the Direxion Oil Bear ETF (ERY). We got involved in the early going at 10.47 and saw it decline throughout the day. I said to sell at 10.22 in an alert towards the end of the day for a 2.4%...
Which Way Wednesday - World of Worries Weighs on Wall Street
7 W’s in the title - that has to be some kind of alliterative record! What could we possibly be worried about with the market making new highs? Well, I’m a little concerned that Shanghai housing prices fell 10% in a week. That’s the kind of behavior that may make you think they may have a bit...
Covered-Call Sellers Make Note of Exits on American Airlines Parent Corp.
Today’s tickers: AMR, AIG, C, GME, HD, XLP, ALL, CMC, QLGC & YUM AMR - AMR Corp. – Bullish investors engaged in covered-call selling on AMR Corporation this afternoon after its subsidiary, American Airlines, revealed February passenger unit revenue increased between 6.5% to 7.5% as compared to...
Does Zevotek, Inc. (ZVTK.PK) aka (ZVTK.OB) operate out of the basement?
Doing a little research on Zevotek Stock (ZVTK.PK) aka (PINK:ZVTK) today, and I couldn’t help but notice that the company’s address didn’t sound like a real office. So I decided to look it up on Google and this is what I found. Could this be there corporate headquarters. I am still trying to...
