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Trade Recap
Saturday, July 31, 2010 - 10:50pm | 1006Just sitting here running through some of my trades from the past week and thought I would share my thought process on one particular trade I was involved in from this past Friday. The stock I was involved in was Research in Motion(RIMM). My thought process going into the day was this stock was a...
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IBM Acquires Storwize - Analyst Blog
Friday, July 30, 2010 - 6:12pm | 1070International Business Machines Corp. (IBM) has announced to acquire Storwize, a privately held company, for an undisclosed sum. The acquisition, expected to close in the third quarter of 2010, is expected to boost IBM’s storage capacity. Marlborough, Massachusetts based Storwize is a provider...
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It Would Sell Itself If They Had Just Called It “Nookie”
Friday, July 30, 2010 - 4:45pm | 751TLP: It Would Sell Itself If They Had Just Called It "Nookie" Courtesy of Jr. Deputy Accountant The appeal of Amazon has always been that you don’t have to get off your ass to shop. Excellently lazy. Barnes & Noble, meanwhile, puts the lazy into its stores with big chairs and Starbucks cafes...
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Research in Motion (RIMM) to Introduce BlackPad, an iPad Competitor; Might Finally be Turning Things Around
Friday, July 30, 2010 - 1:30pm | 1146Research in Motion (RIMM) intrigues me. For a growth-y stock it is very cheap (just over 10x 2010 earnings), but is being priced as if Apple (AAPL) is just toying with it before killing it. Unfortunately, technology wise RIMM has been behind the times as it lacked that "touchy feely, squeeze the...
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Friday’s Mid-day Options Volume Leaders (AAPL, BAC, MSFT, F, PFE, SPY)
Friday, July 30, 2010 - 11:42am | 126The overall market has rallied off of its lows of the day; currently, the S&P 500 (NYSE: SPY) is lower by 3 points, trading at 1,098. The market was as low as 1,088 near the opening bell. Here are your mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 91,687 contracts, 59.7% calls,...
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Portfolio Manager Recommends FedEx (FDX, HPQ, PLD)
Friday, July 30, 2010 - 10:55am | 122Markets seem to be unable to sustain their momentum. Michael Cuggino, president and portfolio manager with Permanent Portfolio Funds, still holds a positive opinion about the market. He told CNBC, “Liquidity is there, corporate profits are there, interest rates are low and dividend yields are very...
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The Lawsuits Keep On Coming (AAPL)
Friday, July 30, 2010 - 10:37am | 156The summer drama just doesn't stop for Apple, Inc. (NASDAQ: AAPL). After Apple settled with Minerva Industries over its claim that the iPhone used technology patented by Minerva, Apple recently discovered that they are being sued again -- this time by Emblaze. Emblaze, an Israeli technology company...
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Benzinga’s Top Upgrades (PNR, PAR, SI, TKC)
Friday, July 30, 2010 - 7:30am | 144Pentair Inc (NYSE: PNR) was upgraded by Janney Montgomery from "neutral " to "buy." PNR’s shares closed at $33.90 yesterday. Pentair’s quarterly earnings jumped 98.42% y/y. Canaccord upgraded 3PAR Inc (NYSE: PAR) from "sell" to "hold." PAR’s shares closed at $9.97 yesterday. 3PAR’s quarterly...
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Tech Roundup (RIMM, AAPL, INTC, GOOG, CSCO, ORCL, MSFT)
Thursday, July 29, 2010 - 12:57pm | 165The Nasdaq is getting hit extremely hard on Thursday, falling 1.47% to 2,231.28. In particular, traders are selling technology stocks very aggressively. Shares of Apple (NASDAQ: AAPL) have lost 1.76% to $256.43. The selling has been overwhelming buyers throughout the day. Blackberry maker Research...
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Apple Falling Again (AAPL)
Thursday, July 29, 2010 - 12:27pm | 71Shares of Apple Computer (NASDAQ: AAPL) have fallen 1.50% to $257.04 during Thursday's trading session. The stock has not been able to sustain itself above $260 despite the strong quarter the company reported on July 20th. Year-to-date, the stock has gained nearly 22%. Seeing a leading stock like...
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Thursday’s Mid-day Options Volume Leaders (C, BAC, MSFT, AAPL, GENZ, SPY)
Thursday, July 29, 2010 - 11:31am | 134The overall market is once again struggling with the flat line; currently the S&P 500 (NYSE: SPY) is lower on the session by 4.5 points, trading at 1,101. Note that the market is now trading above both the 50-day and 200-day moving averages, which is bullish. Here are your mid-day options...
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Costco and Hewlett Packard To Perform Well (COST, HPQ, NEM)
Thursday, July 29, 2010 - 10:24am | 131Erik Ogard, director at Russell Investment Group, is of the view that investors are holding back due to the cautionary nature of economic news. He added that “tempered language” for future earnings prospects is also a negative factor. According to Ogard, the real economic growth has to be earnings...
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4 Quality Stocks for Rough Market : CNBC (SKX, CRUS, ISSI, IWM)
Thursday, July 29, 2010 - 10:20am | 147Doug Bantum, head of equity sales at Capstone Investments, has advised investors to look for companies with strong growth potential and healthy earnings. He told CNBC, “Get long and buy good quality names that will outperform the general markets over the next 12 months.” He also opined that the...
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Facebook Dominates New Online Rankings As World Cup Lifts ESPN
Thursday, July 29, 2010 - 7:33am | 228The June audience of ESPN.com soared to 30.6 million unique visitors as people checked out the World Cup online, according to research firm comScore. That moved it ahead of well-known sites including Time Warner (NYSE: TWX), Expedia (Nasdaq: EXPE), and Target (NYSE: TGT) It shows how one event, or...
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How Apple Can Recover from the iPhone 4 Debacle (AAPL)
Wednesday, July 28, 2010 - 5:12pm | 403The release of the iPhone 4, from its pre-sale system overload to its rampant antenna problems, has revealed a crack in the seemingly perfect face of Apple, Inc. (NASDAQ: AAPL) products. From a company that has been riding on a combination of high quality and cool arrogance, the missteps may serve...