Today’s tickers: DAL, AKAM, GG & IYR DAL – Delta Air Lines, Inc. – One contrarian investor initiated a three-legged bullish options combination play on Delta Air Lines today with shares of the underlying stock trading...
Read MoreMartin Tangney and his staff at Edinburgh Napier University are raising their glasses tonight. In this Scotland university, scientists have now developed the ability to turn scotch whiskey into a biofeul that can power cars....
Read MoreI can’t believe it is Thursday already. The week is flying, and we are having a good one. Yesterday, we got into an Overnight Trade on Tech Data (TECD). This morning things are looking positive for the company. TECD hit an EPS...
Read MoreToday we get another round of Permanent Open Market Operations. POMOs are the Fed’s way of creating additional bank reserves to finance asset purchases and loans for it’s Primary Dealers(the Gang of 12 or, as David Fry calls...
Read MoreToday’s tickers: X, BBY, AEO & CREE X – United States Steel Corp. – Unconfirmed rumors that ArcelorMittal may be interested in buying U.S. Steel at $80.00 per share inspired an all-out options feeding frenzy on the...
Read MoreHello everybody. Happy Wednesday. It’s another slow, dreary day on the market. So, let’s make it exciting by looking into an Overnight Trade that can make us some nice returns. Our Play of the Week and half Overnight Trade in...
Read MoreAccording to its Comptroller, CT will be down to a week’s worth of cash unless it issues $520M in debt by Fall. If the planned offering of general bond obligations is delayed until 2011, “This coming fall the state would...
Read MoreToday’s tickers: FDO, CHS, KWK, JCG, LVS, XOM, HRB & HOLX FDO – Family Dollar Stores, Inc. – Shares of the operator of general merchandise retail discount stores rallied 1.4% this afternoon to touch an intraday- and...
Read MoreHappy Tuesday. It appears to be a good day because we are opening in the green for the first time in several sessions. Yesterday was a nice day for us as we got into and out of one position in Urban Outfitters Inc. (URBN) for a...
Read MoreBHP offered to pay $38.4Bn for POT this morning. Is BHP high or is this market seriously undervalued? Well, for one thing, POT turned them down saying the offer($130/share – CASH) “substantially undervalues...
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