Archive for: May 2007

May 13, 2007

WDC - When Did Your Stock Grow Up?

Filed under: Finance, Stock Picks - 13 May 2007

I read about Western Digital Corp (NYSE: WDC) in this weekend’s Barron’s. It’s been a while since I followed WDC and was surprised to learn that they now have no debt. They have strong cash flow and their lagging technology …

May 12, 2007

Where is this Market Going Now?

Filed under: Finance, Media - 12 May 2007

After two big up and down days to end the week I was anxious to read Barron’s views.  I always read the Market Week section first for some reason. Kopin Tan had me turning into a big bull to start …

May 11, 2007

AT&T Cuts Coffee for Employees

Filed under: Finance - 11 May 2007

I don’t think this quite qualifies as news to trade on, but interesting anyway. I’m a contractor at the “new AT&T”. They are making big cuts anywhere they can to reduce expenses. AT&T (T) is not a volatile stock. It’s …

May 10, 2007

Retail stocks are for the Birds (or Bears)

Filed under: Finance - 10 May 2007

I was reading through the (long) list of retailers that disappointed recently and realized that I can’t recall when I last traded on a retail company.  I rarely feel confident enough in retail stocks to be able to invest in …

Option Trade on CROX

Filed under: Finance, Stock Picks - 10 May 2007

The chart on Crocs, Inc (NASDAQ: CROX) coupled with the juicy premiums make it worth consideration for writing naked puts. The implied volatility is at 47 for the June 65 strike and at 45.6 for the June 70 puts. Both …

May 9, 2007

Time to reconsider Cisco Systems (CSCO)?

Filed under: Finance, Stock Picks - 09 May 2007

Cisco Systems, Inc (CSCO) is down 1.79 right now to 26.57.  I’m glad I got out when I did.  If I didn’t have the covered calls last month I might have held on.  That’s just one more example of why …

Baidu (BIDU) Chart Looks Good

Filed under: Finance, Stock Picks - 09 May 2007

In a reply to another stock I was posting about on elitetrader.com I received another idea for looking at Baidu (BIDU).  I’m attaching the chart below to show how I have drawn the chart.  BIDU closed …

May 8, 2007

Allegheny Tech (ATI) - Room for Growth Still

Filed under: Finance, Stock Picks - 08 May 2007

I put a limit in to sell a June 110 put on Allegheny Technologies, Inc (ATI).  I’ve traded options on ATI before and continue to come out ahead.  Even if assigned from the naked put, the call premiums are high enough …

Speculative stock - INCY - Incyte Corp

Filed under: Finance, Stock Picks - 08 May 2007

Jim Cramer mentioned INCY last night in the lightening round.  In short - the company is a drug discovery and development company and carries a lot of risk.  That makes the premiums high.  Apparently it has a lot of potential, …

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