Corey Williams
Corey Williams's Latest Posts
EOT position update May 7, 2014
May 7, 2014 Market Snapshot The S&P 500 hasn’t done much lately. The large cap index is sitting about 1% below the all-time high. And over the last week, it has traded in a tight 32 point range. Underneath the surface, we continue to see individual sectors outperform or underperform the large cap index. The […]
SET Portfolio Update May 2014
May 6, 2014 It’s that time of year again. You hear it every May. That’s right, it’s time to ‘Sell in May and go away’. I’ll see you all in October when it’s safe to invest again! Just kidding… It’s true that the weakest six month stretch from May to October is historically a weak […]
BST Position Update: May 1, 2014
May 1, 2014 It’s been a rough couple of months for the Biotech sector. Look no further than a chart of the iShares Nasdaq Biotechnology ETF (NASDAQ: IBB) to see what I mean. Since hitting a high of 275.40 on February 25th, IBB has lost nearly 16% of its value. And at the low of 207.48 […]
EOT position update April 30, 2014
April 30, 2014 Market Snapshot Over the last week, the S&P 500 has bounced back near its all time high. It’s currently less than 1% below the all time high of 1,897. But the bears are taking aim at stocks. And they have plenty of ammunition to fire… At the top of the list is […]
BST Trade Alert: April 30, 2014
April 30, 2014 Recommendation: Buy Exelixis (NASDAQ: EXEL) up to $3.75 About the Company: Exelixis is a small, development-stage biotech committed to developing small molecule therapies for the treatment of cancer. For purposes of this trade, we’re focusing on COMETRIQ® (cabozantinib), the company’s drug candidate for the treatment of metastatic castration-resistant prostate cancer. With that said, Exelixis […]
EOT trade alert April 24, 2014
April 24, 2014 Trade Alert: Buy JOY June 2014 $60 Puts at $2.40 or better Company Background: Joy Global (JOY) manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. Short-Term Catalyst: Joy Global has been on the upswing lately. The stock is up 8.5% in […]
EOT position update April 23, 2014
April 23, 2014 Market Snapshot The change in market leadership we identified a month or so ago has required a major change in strategy. In short, buying call options on high flying momentum stocks is no longer working. These stocks are out of favor with investors. And there simply isn’t enough fire power to drive […]
EOT position update April 16, 2014
April 16, 2014 Market Snapshot Over the last few weeks, we’ve seen a dramatic change in market leadership. Growth stocks have gone from the penthouse to the outhouse while value stocks have picked up momentum. It’s unusual to see this type of market action when there aren’t ominous signs of economic slowing or stagnation. One […]
SET Monthly Issue April 2014
April 2014 VALUE HAS MOMENTUM So far 2014 is shaping up to be very different than 2013. In fact, the sectors that led the market rally last year are turning out to be this year’s biggest losers. Let’s take a closer look at a few of the reasons behind the recent changes… and how we […]
EOT position update April 9, 2014
April 9, 2014 Market Snapshot It’s been a tumultuous week for the stock market. The S&P 500 has been up and down and around but hasn’t gone anywhere this year. Last week the S&P surged 3% higher to hit a new all time high of 1,897 on Friday. But the rally evaporated quickly after weaker […]
