Good Monday to all. I hope everyone had a fantastic week. We had a pretty successful week last week with a number of very nice Overnight Trades. On Friday, we had a so-so day. We got involved with a Buy Pick in DENTSPLY Inc....
Read MoreWelcome to dead center! We are finally back to the middle of our predicted trading range. It’s the range that our 5% rule predicted since October of 2008 so we’re hardly going to be shocked to be here now. Usually we are...
Read MoreYawn! As I said in our last 5% Rule Update, way back on May 5th, I’m not a big fan of TA. We have our 5% rule and it serves us well enough but that’s a statistical analysis, not a technical one. The only TA I put a lot of...
Read MoreWhat an exciting 6 weeks these trades have had! The most important thing to take away from these hedged play reviews is how important it is NOT TO TOUCH THEM. We orginated this group on June 11th and the Dow was at 10,200 and...
Read MoreToday’s tickers: ARNA, CQB, GAP, KWK, MCD & FL ARNA – Arena Pharmaceuticals, Inc. – Shares of the clinical-stage biopharmaceutical company shot up 10.7% today to an intraday high of $5.89, inspiring one options...
Read MoreGood Friday to all. Hope you had a fantastic week. Only big news for updating is that we got out of Reliance Steel & Aluminum (RS) yesterday morning for a solid gain. We had no new positions yesterday as I took the day off...
Read MoreWhat a way to end the week! The EU has decided to leave us hanging until the last moment as they hold off on releasing their bank stress test results until after the markets close(11:30 EST) which leads me to believe the results...
Read MoreToday’s tickers: CQB, BX, BAC, SWY, LLY, NFLX, MHS & UPS CQB – Chiquita Brands International, Inc. – Shares of the marketer and distributer of bananas and other fresh produce surged 5.2% this afternoon to an intraday...
Read MoreIsn’t this fun? Up 200, down 200, up 200, down 200 – wash out your savings, rinse and repeat! What a total sham of a market we have these days with machines running us up and down on virtually no news at all. Yesterday...
Read MoreToday’s tickers: BAC, JNJ, EXP, KO, YHOO, VVUS, SKS & STJ BAC – Bank of America Corp. – A large-volume bullish risk reversal initiated in the September contract on Bank of America in the first half of the current...
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