Our $100K Portfolio is not doing so well. Staying in cash after taking a big loss on FAZ did not turn out to be a good move as FAZ went deeper in the red and the cash didn’t go up. We had fantastic winners on our upside plays,...
Read MoreToday’s tickers: F, PGR, IBM, YHOO, SMH, LINTA, VALE, POT, LEN & RRGB F – Ford Motor Co. – Call options on automobile maker, Ford Motor Co., are flying off the assembly line this afternoon with shares of the...
Read MoreI was planning to do a nice Overnight Trade of the Day for you all today, but I really cannot find any options that stand out to me as truly exceptional. Almost every reporting company seems too overvalued for my liking. In...
Read MoreS&P 1,200? It could happen this morning. We have good earnings from INTC and a beat by JPM so there’s no reason not to take out our last major technical as we party just like it’s 1999 with MASSIVE gains behind us and...
Read MoreToday’s tickers: BPOP, SLV, XRT, RCL, USO, MRO, AVP, PG & CROX BPOP – Popular, Inc. – Shares of the largest bank in Puerto Rico surged 26.5% during the trading session to a new 52-week high of $3.86 after the firm was...
Read MoreWelcome to 11,000. Thanks for coming. It looks like we are headed back below 11,000 at least to begin the day. Yesterday, I opened up a position in Advanced Micro Devices (AMD) with our Play of the Week. We liked this stock to...
Read MoreYay 11K, we did it!!! I think the only person more fed up than I am with this nonsense is David Fry (his chart with my note on volume), who summed it up nicely saying: “There’s no need to make this stuff up anymore since...
Read MoreWe talk a lot about the economy in abstract terms. On the other hand, many of us are well-versed at going over a prospectus and Jim Grant of the Interest Rate Observer has put one together for the Untited States of America as it...
Read MoreToday’s tickers: CRM, CPB, VALE, GDX, CNX, SLV, OSIP, BONT, UA & XRT CRM – Salesforce.com, Inc. – A large-volume ratio call spread on the provider of customer relationship management services this afternoon implies...
Read MoreIt is the start of Q1 2010 earnings reporting season. Things kick off this afternoon with Alcoa Inc. (AA) and will continue throughout the week with big names in the financial and semiconductor industry. This earnings season has...
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