by OptionPundit on October 15, 2009
Google (GOOG) is announcing earnings today after market close. A $500+ stock and famous for it’s move post earnings, it is almost in every “speculators” list to play for the big event.
I covered GOOG earnings extensively. If you are looking for a play based on detailed analysis based, check out the past trades here. There [...]
by OptionPundit on October 11, 2009
88.7% capital invested, no major adjustment needed, all but one portfolios made money and closed, 1 portfolio still open (down -2.9%), OPNewsletter delivered +9.58% x -commissions and +7.8% including commissions. As good as it gets. We are starting to look out and analyze opportunities for November 2009 income portfolio. If you are not [...]
by OptionPundit on August 27, 2009
Which side are you at? Bull or Bear? Based on the current market sentiments, general bullish bias, feeling of missing last up leg and given that every indicator is screaming buy buy buy, chances are that you are on the Bull’s side. If so, there is not much point reading this post any further.
There are [...]
by OptionPundit on July 12, 2009
4th down week for the markets. It’s interesting to evaluate how underlyings have moved since we started our portfolios. X moved +1% to -23% and moved wildly. GDX moved from +3% to -11%, and all major market indices including S&P 500, DOW and Russell 2000 ended down, ranging from -5.5% to -6.5% (Ref point June [...]
by OptionPundit on June 28, 2009
Overall an interesting week that it was, but I think there is more to come. On a weekly basis, it appears as if MACD and RSI are about to register sell signals. Mr. Market can go whichever direction it wants to, but hey, at the end of the day, this is all about probability. And [...]
by OptionPundit on June 22, 2009
Last week markets tried very hard to rally but ended in negative territory. Market’s character can now be defined by more of “withdrawal of demand” vs anything else. For overall OPNewsletter, we have invested 38.7% of assumed 10K capital. As of last Friday close, we are up +3.55% x-commissions and +2.2% including commissions. I usually [...]
by OptionPundit on June 22, 2009
RIMM free trade that was shared here delivered a +19%, an excellent trade for two days holding period. Hope you have been in touch with the blog posts either via RSS or via basic blog membership.
The coming week will see a flurry of economic data, the biggest one being FOMC announcement on Wednesday 2:15pm US [...]
