AOL Inc. (AOL), the New York-based Web portal saw its biggest gain since May after reporting its Q2 revenue and profit per share that topped analyst’s expectation. The company’s share rose 5.82% by 12:12 PM. AOL...
Read MoreI just made my daily goal before lunch, but things are going well today so I’m going to try to make a little more. Shoot! I just lost $200. No big deal, I can just make it back. I will get into a bigger position and make...
Read MoreThe high of the day in the S&P was 1343, SPY $134.56, pretty much re-testing the broken trendline. It didn’t have the strength to reach resistance #2 making it a bit painless to short the rally! The Housing and oil...
Read MoreBy now, you already know that Apple (AAPL) missed earnings and had lower than expected sales. The question now is “How do you trade it?” Personally, I’m coming into the day flat and looking at the levels...
Read MoreIt’s pretty comical that the futures are up four or five handles as you scroll through the headlines: “AAPL logs a rare earnings miss.” “Spain, Italy: too big to Save?” “Europe Factory Woes...
Read MoreThe Dow dropped triple digits for the third straight day and is adding to those losses after hours following a slew of very weak earnings reports. All major indices finished down around 0.9%. The earnings headliner, obviously,...
Read More* This week, macro economic events are somewhat more quiet than the earnings releases as 175 companies in the S&P 500 are reporting their second quarter results. Tuesday, July 24 ? PMI Manufacturing Index Flash: 8.58 AM ?...
Read MoreI love earnings season, it has been a very good trading time for myself and many of my colleagues historically. You see a lot of gaps up and down, and more breakouts from tight ranges than at any other point. If you look at the...
Read MoreThe first trade that I would like to discuss is VMWARE (VMW). It started down $3.5 dollars, and the first bar showed a big reversal which told me that it is no longer a short. The stock was a little sloppy and it was hard to...
Read MoreHalf-Time Report: July 24, 2012 Steve Levay brings you 3 stocks he has been working with and watching today: VMW, SRPT, and UA. View the full post at...
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