options
Sometimes a nice gap down at the open provides some great opportunities to add calls on positions you have been waiting for nice entries on. There were two particular stocks I was watching the past few days, and saw a great entry point given the strength of the stocks on an overall weak day.
The first stock is BP Prudhoe Bay Royalty Trust (BPT), a dividend playing trust… Read More
After quite a volatile session in the morning where the SPY moved to 150.14, only to fall to 148.79, the market finally found some footing and melted higher at the end of the day to close at 150. After being up over 4% in the morning, the VIX closed down 11%. Right now futures are slightly red so we shall see what today brings. PCLN and ZAGG reported… Read More
This week is starting off like last week, as futures are green and the market looks primed to continue to climb the ladder to all-time highs. With Sequestration cuts looming on Friday, and all the hype like the fiscal cliff, one would think the market would be walking on egg shells instead of showing incredible strength.
We were given a 2% cut on our paychecks via the tax increases… Read More
We were bullish on OpenTable, Inc (OPEN) back on December 10th, as the chart showed signs of a potential breakout from $46.21. In little more then a month, the stock climbed over 20% hitting $55.95 on January 25th. See the chart below for our original call:
Since then, OpenTable, Inc (OPEN) has channeled in a tight range as folks look for catalysts to fuel the next… Read More
A nice start to the week as the market held it’s ground but ended the markets winning streak. The futures are red at the moment but not down too much. Seems all the dips are supported the last few weeks so not concerned about any pullbacks, as they are short lived. Quite a few earnings yesterday and this morning. VMW, BMC, STX all bombed and are down big, F… Read More
I can’t think of a better way to kick off the New Year, then with a stock starting 2013 with a new CEO at the helm. Magicjack Vocaltec LTD(CALL) announced it’s Founder and CEO Daniel Borislow will step down on January 1st, 2013 and be replaced by Gerald T. Vento as President and Chief Executive Officer. While Daniel was able to grow the company to nearly $140 million… Read More
I am back in full-force folks. No power for 14 days, but things can always be worse and thoughts and prayers with those who have had life changing effects from the storm. I want to thank everyone for being understanding of the situation and also from all the kind words I received(as well as others in the north east). Now onto business!:
SRPT was one of the stocks to watch… Read More
Waking up to riots on Greece and flat futures, all though they are now green. Not too many market catalysts today, but we do have the official earnings season kick-off with Alcoa reporting after the bell. We also have YUM brands. The IMF lowered the growth forecast for the World Economy and it took a toll on the asian market over night with Japan down near 1%. The China… Read More
We had Netflix(NFLX) on our morning watchlist Monday, Tuesday, and Wednesday and also wrote a little piece after the close Monday where we spoke of the impending breakout of Netflix(NFLX) shares over $60 this week.
Here is what we were saying in our watchlist:
Monday
Stocks I am watching today with strikes:
LNKD 130 C | SINA 67.50 & 70 C | CF 230 & 235 C… Read More
It has been a little more then a year ago that Travelzoo, Inc (TZOO) hit 103.80 after a great earnings report. Over the next 13 months, the stock has lost nearly 80% of it’s value on concerns over it’s business and margins. Folks betting on a bounce over that period, lost their ass while those shorting the stock were rewarded.
There have been constant rumors of a buyout… Read More
