Wow, what a ride! As I mentioned in yesterday’s post, we expected the Russell to lead us higher and we picked up both IWM and TNA out of the gate but, of course, we like our leverage so my 9:46 Alert to Members was: Bottoms...
Read MoreGood morning to all. A lot of disappointing news out this morning, but we are lucky to be well positioned in a good one. We got involved in an Overnight Trade with Whirlpool yesterday. I got in at 88.50. The company this morning...
Read MoreWheeeee – this is fun! Well, it’s fun when you have disaster hedges anyway. I already sent out an Alert to Members this morning reminding them that there’s no point in having disaster hedges if you don’t use that money to...
Read MoreToday’s tickers: APOL, ERTS, MMR, BAC & RIG APOL – Apollo Group – A second day of gains for the online education company has shares touching $50 this morning. The start of July saw the company reach its 52-week low at...
Read MoreGood Monday to all. It is week two of the earnings season, and we are looking forward to more and more and more earnings. Last week, we had some more ups and downs as we got into the earnings season. We are looking to make up...
Read MoreWhat are 308,367,109 Americans supposed to do? First of all, despite clamping down on immigration, our population grew by 2.6M people last year. Unfortunately, not only did we not create jobs for those 2.6M new people but we...
Read MoreToday’s tickers: GS, BP, XLV & EEM GS – Goldman Sachs Group, Inc. – One options strategist initiated a three-legged bullish options combination play on Goldman Sachs this morning in order to position for the company’s...
Read MoreAs I mentioned yesterday, I am out of settled funds and have three open positions. So, we are going to enter one new position that isn’t good for an exit till next week to cover that issue. As for the three positions, first off...
Read MoreDip, what dip? I didn’t see any dip, what dip are you talkin’ about? Oil spill? I don’t see no oil spilling, do you? Goldman did what? They’re regulating who? Fuhgeddaboudit! That’s right markets, move along, nothing to see...
Read MoreToday’s tickers: BP, MOT, JPM & SWY BP – BP Plc – ADR – Continuing to buck the broader market shares in BP are again in the green with a 2.4% gain at $37.02 while the S&P 500 is resigned to trading off...
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