Today’s tickers: WFC, IYT, RYL, YHOO, XLE, MU, ADCT, KBH, DELL, NE & GPS WFC – Wells Fargo & Co. – Shares of the financial holding company surrendered 1.5% today to stand at $27.88. One investor initiated a sold...
Read MoreHow can a firm that never loses money be so totally wrong? Just this Monday, Goldman Sachs helped to gap the markets higher at the open in low-volume futures trading with the following pronouncement: “Goldman Sachs resumes...
Read MoreToday’s tickers: CVS, LIZ, ITMN, MA, V, RF, KG, HW, WSM, AEP & NTAP CVS – CVS Caremark Corp. – Shares of the pharmacy retail chain are up 1.5% to $31.11 perhaps due, in part, to the ‘buy’ rating it received at UBS...
Read MoreWhat a nice day we had yesterday! I led off my morning post saying it was time to short the Dow, Copper, Oil and the Euro and anyone playing those futures bets off my 8:27 post made out like a bandit. I even posted a nice...
Read MoreToday’s tickers: SLV, EWT, CL, BG, ILMN, COH, TMO, SPG, BG, ADSK & SLM SLV – iShares Silver Trust ETF – A bull call spread in the January 2011 contract on the silver ETF today suggests shares of the SLV may rally...
Read MoreGood morning Oxen Report readers. Yesterday, we had a great day in the market with a short on Soalrfun Power Holdings Inc. (SOLF). We were able to make a solid 3% on the day. We got into Solarfun at 5.90 and exited at 5.73. Like...
Read MoreWe like going short on oil today. We’re like going short on the Dow here, as closet to 10,500 as we can until “they” prove they can hold it and not just spike us over the line. Copper is also a great short at $3.17...
Read MoreToday’s tickers: DOW, GLD, ISIS, DTV, SINA, XOM, SPWRA, AGO & SINA DOW – The Dow Chemical Co. – Shares of the manufacturer of chemicals and plastic materials increased 2% during the trading session to $29.45. We...
Read MoreHey Oxen Report readers. I will get into a recap of yesterday after the market opens because I am pressed for time. Today’s picks: Short Sale of the Day: Solarfun Power Holdings Corp. (SOLF) I only have time for the one pick...
Read More10,500 – that’s 75% of 14,000 in the Dow! On the S&P we topped out all the way up at 1,550 in October, 2007 so 1,162 would be the target there. For the Nasdaq it’s 2,100 (already over), 7,750 on the NYSE is still far...
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