OIC Midday Options Recap – 10/31/2014 – $YUM, $EWJ, $VIX

Filed in Premium Trade Ideas by on 10/31/2014 0 Comments
OIC Midday Options Recap – 10/31/2014 – $YUM, $EWJ, $VIX

News that Japan stepped up monetary stimulus sent stock futures rallying overnight and also set the table for a strong open on Wall Street Friday morning. The Dow rallied as much as 200 points to record highs despite mixed earnings results from two constituents – Exxon (XOM) and Chevron (CVX). It’s the last day of […]

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$ABBV: Update Abbvie 7/19/2014?!?

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$ABBV: Update Abbvie 7/19/2014?!?

Abbvie ($ABBV) is up 3% to $63 this morning after posting better-than-expected earnings and shares of the biotech have added nearly $10, or 18.5%, since we looked at the name in mid-July. (See Sizing Up Abbvie After Earnings). UBS was out with positive commentary at that time and our idea was to initiate a limited […]

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All Aboard Amgen ($AMGN)?!?

Filed in Premium Trade Ideas by on 10/30/2014 0 Comments
All Aboard Amgen ($AMGN)?!?

Headquartered in Thousand Oaks, CA, Amgen (AMGN) is a biotechnology company focused on the development, manufacturing, and delivery of therapeutics for oncology, hematology, inflammation, cardiovascular, nephrology, bone health, and general medicine. The company generates $19.75 billion, or $26.1 per share, from worldwide sales. Meanwhile, the stock has seen a parabolic move in recent weeks and, […]

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$EIX Continues to Electrify?!?

Filed in Premium Trade Ideas by on 10/30/2014 0 Comments
$EIX Continues to Electrify?!?

Edison International (EIX), through its subsidiaries, develops, acquires, owns, and operates electric power generation facilities worldwide.  The Company also provides capital and financial services for energy and infrastructure projects, as well as manages and sells real estate projects.  Additionally, Edison provides integrated energy services, utility outsourcing, and consumer products.  The stock traded to a 52 […]

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Mining for a Trade in $CLF?!?

Filed in Premium Trade Ideas by on 10/30/2014 0 Comments
Mining for a Trade in $CLF?!?

Cliffs Natural Resources Inc. (CLF) is a diversified mining and natural resources company. The Company mines for iron ore and coal in locations across North America, South America, and Australia. The stock has underperformed the broader market this year and traded to a 52 week low of $7 a few weeks ago. We heard an […]

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OIC Midday Options Recap – 10/29/2014 – $KO, $SPY, $BABA

Filed in Premium Trade Ideas by on 10/29/2014 0 Comments
OIC Midday Options Recap – 10/29/2014 – $KO, $SPY, $BABA

The underlying tone of trading turned cautious Wednesday morning ahead of the upcoming FOMC announcement. With no economic data to guide trading, investors will scrutinize the post-meeting statement for changes of verbiage that might hint on the next direction for Quantitative Easing and rate changes in 2015. Given recent market volatility, officials aren’t likely to […]

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