Corey Williams
Corey Williams's Latest Posts
SET Portfolio Update November 2012
November 6, 2012 Dear Sector ETF Trader Reader, It’s Election Day! And it couldn’t come a moment too soon. I’m sure you’re as sick and tired of the negative campaign ads as I am! But that’s not the only reason I’m ready for the election… The S&P 500 has been mired in a pre-election slump. […]
EOT Position Update – October 31, 2012
October 31, 2012 Market Snapshot Trick or treat? The US stock markets reopened today after being closed on Monday and Tuesday because of Hurricane Sandy. It was the first time in 27 years the markets had been closed due to weather trouble. The reopening of the market on Halloween didn’t seem to spook investors. The […]
EOT Trade Alert – October 25, 2012
October 25, 2012 Trade Alert: Buy OPEN December 2012 $40 Puts at $2.00 or better Company Background: OpenTable (OPEN) provides free online restaurant reservations for diners and reservation and guest management solutions for restaurants. Short-Term Catalyst: OpenTable operates a straightforward business. They’re leading the charge to change the way diners make restaurant reservations. Diners use their […]
EOT Position Update – October 24, 2012
October 24, 2012 Market Snapshot So far, third quarter earnings season hasn’t been kind to stocks. It’s been especially brutal for large cap stocks in the Dow. 15 out of the 17 Dow stocks that have reported earnings have gone down on the day they released earnings. Obviously, it’s not good for the market when […]
EOT Trade Alert – October 18, 2012
October 18, 2012 Trade Alert: Buy PHM April 2013 $19 Calls at $2.25 or better Company Background: PulteGroup (PHM) is a US based homebuilder. Short-Term Catalyst: The housing market is heating up… Earlier this week, reports on new housing starts and building permits show the revival in home building is happening faster than expected. Housing starts […]
EOT Position Update – October 17, 2012
October 17, 2012 ***Editor’s Note*** Keep an eye out for a new trade later this week. Market Snapshot Third quarter earnings season is in full swing. A few notable companies like IBM (IBM) and Apollo Group (APOL) have reported disappointing results. But they’re the exception, not the norm. So far, 33 of the 44 S&P 500 companies reporting earnings […]
SET Monthly Issue October 2012
October 2012 BULLISH CATALYST? After a massive 16% rally over the summer, the S&P 500 has been in consolidation mode the last month. It’s certainly not the performance we were hoping for in the wake of QE3. But it’s not entirely unexpected. First off, it’s normal and even healthy for markets to go through periods […]
EOT Position Update – October 10, 2012
October 10, 2012 Market Snapshot Another week has come and gone… and the bulls are still searching for a reason to buy. At this point, the lack of a bullish catalyst is glaringly obvious. And without it, there’s little reason for traders to jump back into their bullish positions. What’s more, the bearish news just […]
EOT Position Update – October 3, 2012
October 3, 2012 Market Snapshot As October gets underway, the S&P 500’s in consolidation mode. But it shouldn’t come as a surprise… Don’t forget, the large cap index logged an impressive 16% rally this summer. It went virtually straight up from the low of 1,266 on June 4th to a high of 1,274 on September […]
SET Portfolio Update October 2012
October 2, 2012 Dear Sector ETF Trader Reader, As we roll into October, Major League Baseball pennant races are heating up, the NFL finally has real officials, POTUS debates are starting, and the stock market is consolidating after a summer rally. One thing’s for sure, October is shaping up to be an exciting month. First […]
