Option Trading
Time to take some profits off the table – been quite some time since I last made triple digit percentage profit. There were many investors or traders who dumped or did not think Research In Motion Limited’s (Nasdaq: RIMM, stock) would give good returns in spite of its’ great second-quarter earnings that topped forecast. I […]
... written on Dec 07 2010Apple Inc.’s (Nasdaq: AAPL, stock) shares tumbled more than 7% to below $300 a share after the iPod, iPhone, iPad and Mac makers announced its earnings after the bell Monday (18-Oct-2010) in extended trading hour. The stock is now recovering and is trading above $310 a share. The Dow is down more than 3-digit points […]
... written on Oct 20 2010How do you select which stocks to invest in the current fluctuating market? I use the word fluctuating simply because generally every Tom, Dick and his dog knows that the U.S. economy is crawling and the unemployment is surely not going to improve in another two or three months. The world’s largest stock market is […]
... written on Oct 04 2010August was a bad month while September was rather jolly good for stocks. S&P500 closed the month of September 2010 with a 9% gain. In fact this September was the best September for the U.S. stocks in more than 70 years (since 1939). The gain in September more than makes up for the 4.75% August […]
... written on Oct 02 2010Research In Motion Limited (Nasdaq: RIMM, stock), the maker of BlackBerry smartphones, reported second-quarter results on Thursday that topped forecasts, immediately sending the stock price as much as 6.5% higher during after-hours trading. The stronger than expected profit, shipments and revenue came as a surprise for investors who have more or less concluded the BlackBerry […]
... written on Sep 17 2010Just after Hewlett-Packard Co. (NYSE: HPQ, stock) fired its CEO Mark Hurd who was later welcomed by Oracle Corp. (Nasdaq: ORCL, stock) CEO Larry Ellison as co-president and board member, Nokia Corp (NYSE: NOK, stock) axed its CEO and replaced it with Stephen Elop, a 46-year-old Canadian, who resigned as Microsoft Corp.’s Business division president […]
... written on Sep 11 2010One of the strategies to tell the speculators that they’re screwed with their greediness in making money by jacking up the oil prices is to boycott them. How? Use less fuel or stay at home. That’s precisely what happened during the Memorial Day when analysts predicted that people were going out less and with the […]
... written on May 28 2008Netease.com Inc. (Nasdaq: NTES, stock), a leading Chinese Internet and online game service provider, reported its first-quarter profits fell 10% due to higher tax charges from a new income tax law despite a jump in revenue. Shares of NTES sold off sharply by 6% to $22.60. The weakness in shares of NetEase.com spilled over into […]
... written on May 23 2008
