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Daily Archives: January 6th, 2008

Market Forecast for Week of 1/7 (Part II): Sector Watch

XLF (financials)

XLF continues to be weak. $26 is the next support if it doesn’t bounce back above $28. We need to see this sector finding a bottom if the broader market were to have sustainable strength.
GLD/GDX (gold/gold miners)

GLD continues to look very strong with room to go higher.

GDX has just caught its daily […]

The Earnings Bowl Has Begun!!! APOLLO Group and MOS are ready.

Submitted by Optiondragon
First the Rose Bowl…..

LSU Cheerleaders VS. Ohio State Cheerleaders
Then, the Earnings Bowls!!!!
One of the trading skills that I have developed over the years is playing earnings catalysts. One way to play earnings catalysts is to straddle or strangle historically volatile stocks with options going into their earnings announcement. By buying calls and puts, […]