JPM (J P Morgan Chase) 28.60 down -2.45 Financial stocks have taken a beating our Put ideas on financial stocks like DB,JEF,MS , and especially BAC are doing quite well but JPM seems to be at buying levels today JEF was up as much as 4% with rumors we expect JPM to do a quick pop here DEC-JAN 30-32 strike could play well here
http://stockcharts.com/h-sc/ui?s=jpm
Interesting information that I think everyone should at the very least consider to read or watch, not to take completely as fact but to draw your own personal conclusion, learn how to save on purchases, buying quality, investment ideas, watch interesting videos that deal with economy , technology and news
Wednesday, November 23, 2011
Sunday, November 13, 2011
Some stocks we are eying for Put Options
SPY 126.56 close saw a high of 126.99 and low of 125.79 the stock moved well with moderate volume on friday a lack of news on friday along with Bond markets closed allowed sideways trading with lower volatility , the stock opened at 126-127 range holding gains , what we notice is:
The SPY at the 200 Day Moving Avg at resistance. Could see a breakout or pull back here keep eye on this one
CSCO 19.01 high of 19.15 this stock has saw close to 4 days of green closing since its announcement of above average earnings, we should see a pull back here as we believe the stock is due for a pull back since earnings
http://stockcharts.com/h-sc/
DIS 36.75 announcement of earnings the stock gapped up pretty big friday we could see a pull back to fill in the big gap at $18 pps :
http://stockcharts.com/h-sc/
With such volatility we still like Trading Options as a great tool to profit in a highly volatile market. We are seeing TRENDS on stocks where we can trade both Calls and Puts and profit both ways , but we urge members to stay disciplined and trade smartly as Options are still risky and can lead to loss of entire investment
The SPY at the 200 Day Moving Avg at resistance. Could see a breakout or pull back here keep eye on this one
CSCO 19.01 high of 19.15 this stock has saw close to 4 days of green closing since its announcement of above average earnings, we should see a pull back here as we believe the stock is due for a pull back since earnings
http://stockcharts.com/h-sc/
DIS 36.75 announcement of earnings the stock gapped up pretty big friday we could see a pull back to fill in the big gap at $18 pps :
http://stockcharts.com/h-sc/
With such volatility we still like Trading Options as a great tool to profit in a highly volatile market. We are seeing TRENDS on stocks where we can trade both Calls and Puts and profit both ways , but we urge members to stay disciplined and trade smartly as Options are still risky and can lead to loss of entire investment
Wednesday, November 9, 2011
Watchlist for Thursday
Drug developer Medivation takes bigger 3Q loss
Medivation reports bigger 3rd-quarter loss as development of prostate cancer drug continues
On Wednesday November 9, 2011, 7:38 pm EST
SAN FRANCISCO (AP) -- Medivation Inc. on Wednesday reported a bigger third-quarter loss than it did a year earlier as it continued to develop treatments for prostate cancer and Alzheimer's disease.On Nov. 3, after the quarter ended, Medivation said it was stopping a clinical trial of its prostate cancer pill MDV3100 because it was clear the drug was working. An analysis showed men treated with MDV3100 lived 4.8 months longer than men who were treated with a placebo. The company's stock more than doubled in value.
Medivation said it lost $10 million, or 29 cents per share, compared with $5.4 million, or 16 cents per share, a year earlier. Its revenue from collaborations rose to $14.9 million from $14.4 million.
Analysts expected a bigger loss of 32 cents per share but also higher revenue -- $15.8 million, according to FactSet.
Medivation does not have any products on the market. It is developing MDV3100 in a partnership with Astellas Pharma of Japan, and is working Pfizer Inc. on Dimebon, a potential treatment for Alzheimer's disease and Huntington disease. The company said Wednesday that it is exercising an option to co-promote MDV3100 with Astellas. Medivation will provide half the U.S. sales and medical affairs support.
The company said that on Tuesday, the Food and Drug Administration agreed to conduct a faster review of MDV3100 for use after chemotherapy. Fast track reviews are intended to lead to faster decisions about drugs for serious illnesses or unmet medical needs.
Medivation and Astellas are running a second late-stage trial of MDV3100. The companies plan to meet with the FDA in early 2012 to discuss the regulatory pathway for the drug.
With the markets slumping, shares of Medivation lost $1.82, or 4.3 percent, to $40.44 Wednesday.
After the company released its results, after the markets closed, its stock rose $1, or 2.5 percent, to $41.44
Tuesday, November 8, 2011
Option ideas for some stocks hitting highs
PCLN (Priceline) 553.30 up 8% today trading near 52 week high on positive revenue , we still believe that this stock with all the momentum with revenue should see a pullback , watch carefull for a PUT Option quite possibly Nov 19 -Dec 17 Puts strike 500-520 should bode well this company is expensive , I do not see this trading much higher especially in this market:
http://stockcharts.com/h-sc/
LNG (Chiniere energy) 10.91 this stock is up big from $4 range and has been trading in 10-12 range , the stock gapped up pretty big and I think a drop could happen Nov 19 -Dec 17 Puts at $10 could bode well , this is an energy stock as of late Oil has been trading over 90$ a barrel but with that said I think we could see a pullback with such a big move :
http://stockcharts.com/h-sc/
MDVN (Medivation Inc) 43.01 this stock saw close to 150% gains since an announcement on FDA approval and we saw a huge gap move and is still sitting high we could very well see a pull back here PUT options for Dec could be good here:
http://stockcharts.com/h-sc/
SPY (SPDR S&P 500 Fund) 127.84 this stock has been rallying as of late pull backs and seems to gain ground , trading range from 124-128 be patient and watch for the stock to get toppy here , I still believe that the markets will be an up and down see saw and we will see resistance at 128 range some puts here for Dec -Jan could be good here as we still think markets will stagger
As far as the OTC markets they have been picking up
IROGD .25 today it hit .27 and cleared out .27 with 47k in volume saw .51 on ask and the shares look very thin with Gold back to the safe haven and many experts calling for 2k gold end of year we are confident that IROG will do well with just 4 million o/s and 25 million in a/s we could see $1-$4 dollar range soon
FTEG .0017 opportunity to be patient and add as low as .0012 this stock rallied and with just 40 million float we expect .002-.003 soon with recent news we feel good about this stock
Saturday, November 5, 2011
BANKRUPT OF AMERICA?
BANKRUPT OF AMERICA?
BAC Bank of America $6.91 this bank stock has been trading $6 -$7 range for quite some time and with news of $5 debt card fee going up in arms , many depositors and clients were left sour, they recently posted news of doing away with this fee, this leads us to believe that the bank is in trouble. This bank is trying to make money by any means possible, they are owners of Country Wide which now own billions in Toxic assets such as Foreclosures and Credit Default Swaps, are said to own trillions in toxic derivatives, recently there was news on FDIC and Federal Reserve insuring 75 trillion dollars in derivatives owned by Bank of America, today news was out on 400 million dilution by the bank and we feel that this stock is holding by a string regardless Warren Buffet investment. A recent video with Reggie Middleton I would like members to watch in regards to Bank of America going BUST
This news released after hours today: http://www.zerohedge.com/news/
Bank Of America Common Dilution Coming: To Issue 400 Million New Shares
And to think it was less than two months ago that Warren Buffett took a bath to provide the bank with capital it had "absolutely no need for" but was happy to take it anyway. Well, it turns out the firm is preparing to raise just a "little" more capital. From the just released 10Q: "During the third quarter, global economic uncertainty and volatility continued as described more fully in the Executive Summary – Third Quarter 2011 Economic and Business Environment discussion on page 7. Concerns over these and other issues contributed to a widening of credit spreads for many financial institutions, including the Corporation, resulting in lowering of market values of debt and preferred stock issued by financial institutions. The uncertainty in the market evidenced by, among other things, volatility in credit spread movements, makes it economically advantageous at this time to consider retirement of issued junior subordinated debt and preferred stock. As a result of these matters, we intend to explore the issuance of common stock and senior notes in exchange for shares of preferred stock and, subject to any required amendments to the applicable governing documents, certain trust preferred capital debt securities (Trust Securities) issued by unconsolidated trust companies, in privately negotiated transactions. If we pursue the exchange of Trust Securities, we would immediately use the purchased Trust Securities to retire a corresponding amount of our junior subordinated debt that we previously issued to the unconsolidated trust companies. These transactions would increase Tier 1 common capital and, on an after-tax basis, reduce the combined level of interest expense and dividends paid on the combined junior subordinated debt and preferred stock....We will not issue more than 400 million shares of common stock or $3 billion in new senior notes in connection with these exchanges."
Also today from BANKRUPT of AMERICA: http://www.zerohedge.com/news/
Remember when even the worst of all trading desks on Wall Street, that of Bank of America could do no wrong and disclosed a trading quarter of pure perfection? Yeah, that's over. The bank, which just jolted shareholders with news of material common dilution, in the form of $2.5 billion in new equity capital to be raised, has released its trading days data for Q3. Per the 10-Q: "During the three months ended September 30, 2011, positive trading-related revenue was recorded for 69 percent (44 days) of the trading days of which 47 percent (30 days) were daily trading gains of over $25 million, nine percent (six days) of the trading days had losses greater than $25 million, three percent (two days) of trading days had losses greater than $100 million and the largest loss was $119 million." On the flip side, BAC had not one $100MM+ trading win. In other words, BAC posted losses on a whopping 31% of the trading days (compared to 0% two quarters ago), something that indicates a very violent return to normalcy: after all if banks, with ZIRP, legal frontrunning, profit from default risk surges, and POMO are unable to make money 100% of the time, who else, besides all the day traders on twitter and the fine men and women on Fast Money of course, will post flawless trading records in the future?
And a very convenient chart which we hope other banks will follow suit in providing is the following presentation of the bank's VaR alongside its daily P&L. Granted, BAC could actually go ahead and mark the second axis properly, but what is most interesting is that, aside from the two $100MM+ losses distinctly highlighted (one of which obviously occurred around the time of the US debt ceiling fiasco, and the other in late August) is that the higher VaR goes, the lower the P&L trends! This has huge implications for market practice as it goes contrary to most prevailing conceptions, namely that the greater the risk, the greater the payoff on average, and, naturally, the greater the risk of a disastrous blow up. If confirmed by other banks this could serve as a policy guideline to limit excess risk-taking during times of high stress due to empirically proven adverse results on average.
We are seeing huge losses in bankrupt of America that along with expected "bank run" being planned on this bank Nov 5 we could see this stock plummet , PUTS long or short could bode well with BAC next few weeks we will see the dilution kick in and dumping of the stock , possibly Jan 21 Puts could bode well to $5 Strike or weekly $6 strike could bode well , if the bank does what I think it will hit $7 range I think Puts will be a low risk high reward type play
BAC Bank of America $6.91 this bank stock has been trading $6 -$7 range for quite some time and with news of $5 debt card fee going up in arms , many depositors and clients were left sour, they recently posted news of doing away with this fee, this leads us to believe that the bank is in trouble. This bank is trying to make money by any means possible, they are owners of Country Wide which now own billions in Toxic assets such as Foreclosures and Credit Default Swaps, are said to own trillions in toxic derivatives, recently there was news on FDIC and Federal Reserve insuring 75 trillion dollars in derivatives owned by Bank of America, today news was out on 400 million dilution by the bank and we feel that this stock is holding by a string regardless Warren Buffet investment. A recent video with Reggie Middleton I would like members to watch in regards to Bank of America going BUST
This news released after hours today: http://www.zerohedge.com/news/
Bank Of America Common Dilution Coming: To Issue 400 Million New Shares
Bank Of America Common Dilution Coming: To Issue 400 Million New Shares
And to think it was less than two months ago that Warren Buffett took a bath to provide the bank with capital it had "absolutely no need for" but was happy to take it anyway. Well, it turns out the firm is preparing to raise just a "little" more capital. From the just released 10Q: "During the third quarter, global economic uncertainty and volatility continued as described more fully in the Executive Summary – Third Quarter 2011 Economic and Business Environment discussion on page 7. Concerns over these and other issues contributed to a widening of credit spreads for many financial institutions, including the Corporation, resulting in lowering of market values of debt and preferred stock issued by financial institutions. The uncertainty in the market evidenced by, among other things, volatility in credit spread movements, makes it economically advantageous at this time to consider retirement of issued junior subordinated debt and preferred stock. As a result of these matters, we intend to explore the issuance of common stock and senior notes in exchange for shares of preferred stock and, subject to any required amendments to the applicable governing documents, certain trust preferred capital debt securities (Trust Securities) issued by unconsolidated trust companies, in privately negotiated transactions. If we pursue the exchange of Trust Securities, we would immediately use the purchased Trust Securities to retire a corresponding amount of our junior subordinated debt that we previously issued to the unconsolidated trust companies. These transactions would increase Tier 1 common capital and, on an after-tax basis, reduce the combined level of interest expense and dividends paid on the combined junior subordinated debt and preferred stock....We will not issue more than 400 million shares of common stock or $3 billion in new senior notes in connection with these exchanges."
Also today from BANKRUPT of AMERICA: http://www.zerohedge.com/news/
Bank Of America Posts Two $100MM+ Losses In Past Quarter
Remember when even the worst of all trading desks on Wall Street, that of Bank of America could do no wrong and disclosed a trading quarter of pure perfection? Yeah, that's over. The bank, which just jolted shareholders with news of material common dilution, in the form of $2.5 billion in new equity capital to be raised, has released its trading days data for Q3. Per the 10-Q: "During the three months ended September 30, 2011, positive trading-related revenue was recorded for 69 percent (44 days) of the trading days of which 47 percent (30 days) were daily trading gains of over $25 million, nine percent (six days) of the trading days had losses greater than $25 million, three percent (two days) of trading days had losses greater than $100 million and the largest loss was $119 million." On the flip side, BAC had not one $100MM+ trading win. In other words, BAC posted losses on a whopping 31% of the trading days (compared to 0% two quarters ago), something that indicates a very violent return to normalcy: after all if banks, with ZIRP, legal frontrunning, profit from default risk surges, and POMO are unable to make money 100% of the time, who else, besides all the day traders on twitter and the fine men and women on Fast Money of course, will post flawless trading records in the future?
And a very convenient chart which we hope other banks will follow suit in providing is the following presentation of the bank's VaR alongside its daily P&L. Granted, BAC could actually go ahead and mark the second axis properly, but what is most interesting is that, aside from the two $100MM+ losses distinctly highlighted (one of which obviously occurred around the time of the US debt ceiling fiasco, and the other in late August) is that the higher VaR goes, the lower the P&L trends! This has huge implications for market practice as it goes contrary to most prevailing conceptions, namely that the greater the risk, the greater the payoff on average, and, naturally, the greater the risk of a disastrous blow up. If confirmed by other banks this could serve as a policy guideline to limit excess risk-taking during times of high stress due to empirically proven adverse results on average.
We are seeing huge losses in bankrupt of America that along with expected "bank run" being planned on this bank Nov 5 we could see this stock plummet , PUTS long or short could bode well with BAC next few weeks we will see the dilution kick in and dumping of the stock , possibly Jan 21 Puts could bode well to $5 Strike or weekly $6 strike could bode well , if the bank does what I think it will hit $7 range I think Puts will be a low risk high reward type play
Wednesday, November 2, 2011
Watchlist for Thursday
IROGD .26 today the stock saw volume 13,399 in volume and had 1.28 in plain site this gold stock although a recent reverse split has added valuation to the stock via lower share structure , buying today bodes well moving on as we believe there will be zero dilution and news pending could bring investor awareness, Gold will continue to do well during a increase inflatory economy which has been discussed by many economist, many believe with Euro Crisis and also QE 3 possible we could see Gold continue its uptrend, outstanding shares now 4 million from 89 million and a/s 25 million from 500 million huge change
AAAA .0089 this stock looks to start it next move up traded at $6 a share bouncing off 52 week low .005
ENKG .0015 this stock looks good chart wise could see a strong move back to .007 range latest news promising
Tuesday, November 1, 2011
Watchlist for Wednesday
GNPR (Genius Prods Inc) .40 this stock has a extremely low share structure and traded as high as $10 per share today the stock was as low as .03 with over 1 million volume end of day we could be seeing a huge run keep eyes on this one as 52 week low was .50 days ago
http://investorshub.advfn.com/boards/board.aspx?board_id=6229
SDRC .007 low float gold stock trading at lows , the stock has big stake in Lucky Ben mines and only has a 40 million float trades easily into .01 -.02 range
SUGO .0079 gold stock that traded at .02 range for quite some time sudden volume could see a rally here
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