Submitted By Optiondragon
“Days Go by”- Dirty Vegas
From Briefing.com
Periodicals Wrap-Up for Tuesday, July 8th
WALL STREET JOURNAL: A loss of confidence in the government sponsored mortgage firms Fannie Mae (FNM) and Freddie Mac (FRE) resulted in both companies shares plunging about 15% to 14 year lows. Because the two are the largest providers of funding for mortgages […]
Submitted By Optiondragon
The Shins “Sleeping Lessons”
From Briefing.com
Periodicals Wrap-Up for Monday, July 7th
FINANCIAL TIMES: The Financial Times reported that Bain Capital, Blackstone (BX) and General Electric’s (GE) NBC universal will acquire The Weather Channel properties from Landmark Communications for approximately $3.2B in a leveraged buy-out. The Weather Channel will be run separately…A top Goldman Sachs (GS) […]
Happy 4th of July! Happy Birthday, America!!
Since its a long weekend, and a big holiday for America, I’ll just do a quick wrap-up this week (and, also, not too many published trades this week).
Here are the closed trades:
NOV ($91.97)
NOVGQ, July 85 calls, at $8.3, +22%
DVN ($126.61)
DVNGZ, July 120 calls, at $8.6, +43.3%
PRU ($62.76)
PRUTM, Aug […]
Submitted By Optiondragon
Moby-Rushing
From Briefing.com
Periodicals Wrap-Up for Thursday, July 3rd
WALL STREET JOURNAL: According to people familiar with the situation, the Wall Street Journal reported that Yahoo! (YHOO) is again talking to Time Warner (TWX), this time about taking over AOL, with Time Warner taking a stake in the combined entity. News Corp. (NWS) has its eye […]
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 […]
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 the breakup of Yahoo! […]
Submitted By Optiondragon
Eagles - Hotel California
From Briefing.com
Periodicals Wrap-Up for Tuesday, July 1st
WALL STREET JOURNAL: In a cost cutting move, struggling automaker Chrysler said it will idle its St. Louis South minivan plant in October, and will reduce operations at its St. Louis North Dodge Ram pickup truck plant to one shift in September, the Wall […]
Submitted by Luck o the Irish
Clearly we can see the Left Shoulder, Head, and Right Shoulder. The approximate length between the $280 to $315 (neckline to head length of $35) run gives us a possible down leg target of $245 which would also coincidentally fill the gap from a previous earnings announcement. […]
Submitted By Optiondragon
Drinking tea with chopsticks in microgravity- NASA, Happytrading testing
From Briefing.com
Periodicals Wrap-Up for Monday, June 30th
WALL STREET JOURNAL: After being downgraded by Moody’s, the Wall Street Journal reported that MBIA Inc (MBI) will have to make $2.9B in termination payments and put up an additional $4.5B in collateral on agreements called Guaranteed Investment Contracts. […]
Last weekend, I said,
“Both indices are now in their bearish phase. SPX is on its daily lower BB and could test 1300 from here. Although Nasdaq was able to hold 2400, it may have some downward momentum on it’s side still. Below 2400, Nasdaq has a stronger support at 2350. VIX tested 23 on Friday, […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
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