Rumor Mill
I’ll take a country no one knows, or cares about for $1,000 please Alex. Answer: This country’s entire GDP is billions less than McDonald’s annual revenue.
A country with a population that wouldn’t even make it the United States 30th largest county is ready to roil global markets. The markets think that Cyprus has set a precedent that will be followed throughout Europe. This could lead to a bank… Read More
Folks,
Futures are down .20% right now.. not too bad. The EURO is taking it on the chin this morning, but folks have been shaking off any bad news lately and I think that continue till the big money comes back in september (the worst performing month over the last 25 years).
Quite a few earnings plays today with ANF this morning. Will they bounce like FOSL? Also have… Read More
Folks,
Just a quick update on the $2k mirror challenge. Please email [email protected] with any questions you may have. Make sure you have read this post and the others linked on it ( http://www.optionmillionaires.com/2012/2k-portfolio-mirror-challenge-update-for-diamond-members-only/ )
The $2k account will start trading today finally!!! I spook to DITTO trade last night and all trades completed today (tuesday Aug 14th) by any jimmybob followers will be commission free. You will see… Read More
It seems every week there is a stock in the retail sector moving 15%+. Fossil (FOSL), Deckers Outdoor Corp (DECK), and JC Penney (JCP) all saw their shares ripped to shreds on disappointing earnings and lower outlooks. Is the economy really starting to show signs of cracking? Maybe analysts had the bar set to high? I am sure its some of those reasons and more, but there are companies that… Read More
Expedia (EXPE) reported earnings last week that beat expectations. The stock took off like a rocket before pulling back in the afternoon. It seems travel is not being effected by the Eurozone mess, and quite honestly, looks in very good shape. We like Expedia (EXPE) as the POOR MAN’s Priceline.com(PCLN). Company did $3.4 bil in revenues last year and has a 5 bil market cap. Something has to give. Expect… Read More
Who is the fool here? Is it CNBC who has the headline “Earnings, Spanish auctions to sway wallstreet thursday”, or is it retail trader Joe who actually believes the auction will have any impact on the market?? Let me get this out of the way first… I AM SORRY FOR CALLING YOU A FOOL. I hope you accept my apology.
We have written about this scenario many times(you can read… Read More
Having the guts to buy something when everyone else is selling, can be a very stressful occupation. But when you are right, it can be VERY REWARDING. Take a look at what we said about NetFlix(NFLX) in our chatroom and watchlist Sunday night and Monday:
04-16…NFLX – Earnings next week. I think folks have the story wrong with the competition. Expect a ramp to $115-$120 by friday. Play accordingly
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What put a Democrat in the White House in 2008, will keep him there for one more term. What would that be? The Stock Market. The thing that has been on a furious rally since the SPY painted $107 in October. Coincidence, I think not? Are things really that much better in the U.S and abroad to warrant a 30% move in equities since October? I guess the better… Read More
We rarely play sub $5 stocks at OptionMillionaires. Quite honestly, it makes more sense to buy a stock outright, then spend money on options when it is trading under $5. But there are exceptions to every rule, and Origin Agritech Ltd.(SEED) is one of them. Why? Because this is a stock waiting to explode on positive news. It seems like everyone and his brother has let this stock to… Read More
