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Trading Plan for August 1, 2011
Monday, August 1, 2011 - 6:58am | 141Current Long Positions (stop-losses in parentheses): QCOM Oct 60 Calls, AAPL Sept 420 Calls, SPY Aug 136 Calls, DECK Sept 105 Current Short Positions (stop-losses in parentheses): None Read more...
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Stocks to Watch for Monday 8/01/2011: Fresh 52 Week Highs and Lows
Sunday, July 31, 2011 - 9:55pm | 3407Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to...
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Decker Outdoors Hits New 52-Week High at $98.62
Friday, July 29, 2011 - 1:11pm | 76Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Decker Outdoors (NASDAQ: DECK) are hitting new 52-week highs....
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Fast Money Picks For July 29th (XLU, SBUX, SKX)
Thursday, July 28, 2011 - 6:49pm | 149CNBC Fast Money's Guy Adami said on the show that you should sell Starbucks Corporation (NASDAQ: SBUX) tomorrow. Starbucks Corporation (SBUX) gained 2.59% in the regular trading session, and it added 1.18% in the after hours. Steve Grasso recommended a defensive strategy. He wants to buy...
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Will Bonds Rally, Yields Go Down? 07-28-2011
Thursday, July 28, 2011 - 5:38pm | 1094Cusick's Corner I thought the market was going to get a little lift into the After Hours with Finance, XLF, and Tech, QQQ/XLK, leading but that is not the case, squeezing more longs out of the market. I have ratcheted down my size in trades at this stage, and will be watching the headlines for any...
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Deckers Outdoor, Coinstar, And Ancestry.com Fall After Earnings
Thursday, July 28, 2011 - 3:47pm | 200Among the stocks that are moving lower on Thursday in the after hours trading session are Deckers Outdoor (NASDAQ: DECK), Coinstar (NASDAQ: CSTR) and Ancestry.com (ACOM). All of these companies released quarterly earnings reports after the closing bell. Deckers Outdoor (DECK) reported Q2 EPS loss...
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Gridlock Continues 07-28-2011
Thursday, July 28, 2011 - 1:52pm | 1096Cusick Corner Gridlock continues and hedging was the name of the game. This will be short because this budget impasse makes trading or investing dicey at best. If we go into the weekend with no resolution and more politicking, volatility will continue to grow and further uncertainty will turn into...
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Calls Purchased on Skechers
Thursday, July 28, 2011 - 9:28am | 107Shares of Skechers (NYSE: SKX) are higher on the session by 23.57%, currently trading at $17.67. The stock has been moving largely lower over the past five months, though it is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A short while ago...
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Brian Sozzi Discusses Retail Earnings
Thursday, July 28, 2011 - 8:32am | 379Brian Sozzi of Wall Street Strategies is out with a research report on retail earnings, and he is saying that results have been somewhat better than expected, which is a pleasant surprise. In a note to clients, Sozzi writes, "Those who were bracing for doom and gloom from 2Q earnings reports by...
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Last Nights Headlines, Morning Action July 28
Thursday, July 28, 2011 - 7:38am | 272AM Action: Akamai Tech (AKAM) Downgraded to Neutral from Overweight at Piper Potash (POT) Beats by $0.11, beats on revs; guides Q4 (Dec) EPS in-line; guides FY11 EPS in-line. Negative Front page article in the WSJ Lam Research (LRCX) Target lowered to $60 from $64 at Stifel Nicolaus Crocs (CROX)...
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Step up to Crocs (CROX)
Wednesday, July 27, 2011 - 7:00pm | 126by Mike Cintolo, editor Cabot Top Ten Trader Crocs (CROX) has been making shoes from Croslite, its proprietary closed-cell resin, for more than 10 years, and with more then 100 million pairs of shoes sold, the company is thriving. One reason is geographic expansion; the shoes are now sold in...
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Sterne Agee Reiterates Buy and PT of $15 on K-Swiss
Tuesday, July 26, 2011 - 5:09am | 47Sterne Agee reiterated its Buy rating on K-Swiss (NASDAQ: KSWS). At the same time, the rating agency left its price target on the company's stock unchanged at $15. On Monday, KSWS lost 1.59% of its value to end the day at $11.15.
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Final Countdown... 07-25-2011
Monday, July 25, 2011 - 5:52pm | 906Cusick's Corner Just like the infamous lyrics from the rock band Europe, "we are in the Final Countdown" and we have republicans and democrats making loop de loops while the Fed prepares to miss a payment, and at whose expense? Ours? Washington has one shot to get this right before they form a...
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Measuring Demand for Market Protection 07-25-2011
Monday, July 25, 2011 - 1:57pm | 955Cusick's Corner The sellers were out this morning and while the selling has tapered off, it still cannot be overlooked. Longs are looking like they are getting nervous, potentially taking some profits as the Debt debate continues and the Chinese are signaling some mixed data. Market players on the...
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Benzinga's Volume Movers
Monday, July 25, 2011 - 9:26am | 183Changyou.com Limited (NASDAQ: CYOU) shares moved up 6.70% to $49.04 at 10:25 am. The volume of CYOU shares traded was 276% higher than normal. CYOU is scheduled to report its Q2 results on August 1. E*TRADE Financial Corporation (NASDAQ: ETFC) shares rose 3.71% to $16.22. The volume of ETFC shares...