Even though the markets have been rallying recently I am not yet convinced. But I don’t fight with the markets and cautiously follow the turning points. Oil is down, Gold is down, financials are up and so is the transport. REITs are also starting to show signs of strength. Whatever you make out of it, [...]

There is lot going on the in the pre-market. Here are some noteworthy names for some intra-day trading.
Gapping Up: WGOV, STLD, BJS, BHI, CAT, QLGC; BP, TOT. Gapping Down: TXN, AXP, V, MICC, AAPL, MRK, SNDK, AIB, VOD, EXP, PWRD
My personal bias is to play bearish ones as it appears this is going to be [...]

A recap of the last week’s trade ideas. Firstly, update on VISA (V) earnings-

A follow-up on free trade I mentioned here to play VISA earnings, the trade is up +11.6%. If Visa stays up to $88 by May’08 expiration, the returns will be the same. However, if VISA is pinned @ $85 on May [...]