Trading Ideas for Options
Friday August 29, 2008
TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks responded to overbought conditions with a sell-off on Friday. General Motors announced a recall of more than 940,000 vehicles, and Dell fell hard after announcing profit shortfalls from slumping European sales.
Income Falls, Stocks Sink, GM Makes Hasty Retreat
July income figures smacked down to the lowest point in 3 years combined with slowing consumer spending and rising oil prices sunk the stock market today.
Options Update: Yahoo! Call Volume Spikes on Google Ad Partnership
Bullish options players were chomping at the bit to jump on YHOO. The spike followed an announcement from Google CEO that seemed to indicate the search engine giants would proceed with an advertising partnership, regardless of antitrust regulators' views.
Trading Where the Action Is!
Stocks are down as of midday on Friday, but the number of upward movers is greater than those headed south. Dell isn't one of them though, opening down and continuing further.
More Trading Ideas
PowerRatings Chartology: 3 Stocks for Swing Traders
- Friday Aug 29
After three days of gains in the S&P 500 and the Dow industrials, stocks are selling off somewhat in the first few hours of trading on Friday.
Friday Morning Coffee with TradingMarkets
- Friday Aug 29
Lehman Cuts Jobs for the Fourth Time in 08 ... Economy Grows Faster Than Expected in Q2 ... Boeing Offers Wage Increase to Prevent Machinist Strike ... Dell Misses Estimates, Tiffany's Beats ... Toyota Lowers Sales Goals for 09.
Options Spotlight: Cree, Inc.
- Friday Aug 29
Jocelynn Drake | about
CREE
Cree Inc., one of the only publicly traded LED producers could potentially see a huge value once Congress' law to phase out all incandescent light bulbs take effect in 2014. Cree's potential is earning respect among market analyst, many of whom believe the stock will outperform the S&P 500 going forward.
TradingMarkets 7 Stocks You Need to Know for Friday
- Thursday Aug 28
Stocks were up strongly again on Thursday - although volume was light. The Dow industrials were the percentage leader on the day. On our list of 7 stocks for Friday is American Express which was up more than 4% on the day.
Stocks Skyrocket, Oil Dips, Lehman Cut
- Thursday Aug 28
A surprise increase in GDP on the back of increased exports combined with falling oil prices triggered stock to skyrocket across the board today.
Options Update: Evergreen Solar Attracting Call Option Buyers
- Thursday Aug 28
Joseph Hargett | about
ESLR
Once the hottest solar stock on Wall Street, Evergreen Solar rallied a hefty 128% in 2007. This year, however, the stock has fallen. But that hasn't deterred options traders from jumping into recent call activity.
Trading Where the Action!
- Thursday Aug 28
Stocks were enjoying their third consecutive up day in both the S&P 500 and Dow industrials. Thursday's big midday movers include Wachovia and American International Group, all up 5%.
5 PowerRatings Stocks Under $15
- Thursday Aug 28
Stocks are off to a strong start on Thursday, with the Dow industrials up more than 80 points after the first hour of trading.
Thursday Morning Coffee with TradingMarkets
- Thursday Aug 28
Barack Obama Wins Democratic Nomination ... Jobless Claims Due Today ... Fannie Mae Picks New CFO ... Starbucks' Schultz Foregoes Raise ... Ikon Acquired by Ricoh ... Dell Earnings After Market Closes.
Options Update: Mirant (MIR) Sees Spike in Call Volume
- Thursday Aug 28
Joseph Hargett | about
AEP
Independent power producer Mirant is in the spotlight today due to a heavy degree of call volume. With poor price action for a backdrop, this renewed attention to call options could have bearish implications for MIR.
Options Trading Spikes on Lehman Brothers Holdings Inc.
- Thursday Aug 28
Lehman Brothers has been fluctuating between positive and negative territory lately and not everyone is optimistic. But as the days go by, will the company be able move off the critical list?
Are Eights Enough? 5 PowerRatings Stocks for the Next 5 Days
- Thursday Aug 28
When the top 25 PowerRatings Roster reveals more 8s and 7s than 9s and 10s, the message to swing traders couldn't be more clear.