Good Thursday to all. I am happy to report that our positions are all looking to be in good shape. Last night, Marriott International (MAR), our two-day Overnight Trade from Tuesday, reported solid earnings with an EPS beat of...
Read MoreI thought the Fed minutes were just fine. I said to Members yesterday, right off the bat at 2:06: “Fed minutes – Raised their unemployment outlook and lowered economic outlook – that’s not good. On the other...
Read MoreToday’s tickers: HRS, EWZ, RSH, PNRA, IVN, LO & DOW HRS – Harris Corp. – A three-legged bullish play on the international communications and information technology company that serves government and commercial markets...
Read MoreGood Wednesday. We had a pretty nice day yesterday but did not close any positions. Our Buy Pick of the Day was in AMR Corp. (AMR). The airline company moved their earnings report to next Monday. We entered at 7.00 and were...
Read MoreWheee, what a ride! We only had one trade idea for Members all day Monday and that was the DIA $103 calls for .52 from the 9:46 Alert. It is extremely rare that we only have one trade in a day but there really wasn’t anything...
Read MoreToday’s tickers: CAL, RSH, FLEX & ADM CAL – Continental Airlines, Inc. – Bullish options strategists initiated a couple of put credit spreads on Continental Airlines today with shares of the U.S. air carrier flying...
Read MoreGreat Tuesday to all! I’m a bit mad I didn’t hold Alcoa (AA) now, but I think given the gains we got…it was the safe play. Alcoa reported great earnings last night well above the declining expectations that had shifted from 0.12...
Read MoreWheeeee, this is fun! It’s only been a week since I called for “Turnaround Tuesday” and asked the question “Will CNBC Apologize to America” for their ridiculous, sickening parade of negativity that chased...
Read MoreToday’s tickers: YUM, INTC, CBRL, CASY, RMD, PG & STEC YUM – YUM! Brands, Inc. – Traders are placing bullish and bearish bets on the operator of KFC, Pizza Hut and Taco Bell ahead of the firm’s second-quarter earnings...
Read MoreHappy Monday to all. I hope you had a great weekend. We are looking to get things off on the right foot this week after we had a tough first week of July. On Friday, we closed out three positions. We sold off shares of Alcoa we...
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