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Daily Archives: July 2nd, 2008

Market Dives Again, Led By Coals: SPX, Nasdaq, DVN, NOV, CHK, ANR, PCX, MEE, ACI, X, CLF, RTP

The market started the day pretty well, seeing some gap-up opens in the energy sector and oil services. We quickly cashed out our gains in DVN and NOV (both mentioned yesterday). The DVN trade was purchased about a week ago and rendered a +43% gain; the NOV trade gave us an overnight profit of +22% [...]

Premarket Analysis for 7/2 – Upgrades/Downgrades, Gappers, Actionable Calls

Submitted By Optiondragon Imagine- John Lennon From Briefing.com Periodicals Wrap-Up for Wednesday, July 2nd WALL STREET JOURNAL: According to people familiar with the discussions, the Wall Street Journal reported that Microsoft (MSFT) has held discussions with Time Warner (TWX) and News Corp (NWS), among others, about joining it in a deal that could lead to [...]