Great news kids! Gang of 12 member, DB says “The U.S. economy may grow as much as 6 percent this year, helped by sales of consumer durables and increases in inventories.” This forecast is up 50% since last month and...
Read MoreToday’s tickers: PEP, ODP, PFE, EK, AET, PFE, EWT, BIDU, ZION & SII PEP – PepsiCo, Inc. – Global beverage and snack company, PepsiCo, attracted the attention of bullish option traders in late afternoon trading. PEP’s shares...
Read MoreI don’t want new Members to get the wrong idea… We don’t day trade a lot at PSW, EXCEPT during option expiration weeks so call it 12 times a year we turn into day-traders as the front-month premiums get low enough to make the...
Read MoreHey Oxen Report Readers, Yesterday turned out to be a fantastic day for us in the markets. We had three solid exits. We started with our Overnight Trade from Monday, which was Infosys Technologies (INFY). We got in before the...
Read MoreToday’s tickers: IYR, PFE, FXI, WFT, UUP, JPM, GLD, ERTS, STJ & PVH IYR – iShares Dow Jones U.S. Real Estate Index ETF – Bullish options activity on the IYR flies in the face of bearish momentum across equities in the...
Read MoreOxen Report Readers, I hope you got involved in our Overnight Trade of Infosys Technologies Inc. (INFY). The stock beat earnings estimates, reporting an EPS of 0.59 vs. the expected 0.51. The company is looking for more growth...
Read MoreWe got AA’s earnings (or lack thereof) yesterday. They were a disappointment at just a penny a share, less than the 5 cents officially expected and far less than expected by the endless stream of buyers who took AA from $13 in...
Read MoreToday’s tickers: AA, GLD, MGM, NXY, INTC, NDAQ, ANDS, F, EEM, MMR & MELI AA – Alcoa, Inc. – A short straddle play on the largest U.S. producer of aluminum today implies one investor anticipates Alcoa’s shares will remain...
Read MoreOxen Report Readers, Tomorrow, one of the leading technology service/IT companies out of India will be releasing their quarterly earnings. That company is Infosys Technology Services Inc. (INFY). The company is one of the...
Read MoreSince 3:30 on Friday the Dow futures are up 100 points! Isn’t that fantastic? As we are forced to do in the face of positive market movement, we will try to find a story to justify, to “fit” the move because human...
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