Corey Williams
Corey Williams's Latest Posts
SET Portfolio Update June 2012
June 5, 2012 Dear Sector ETF Trader Reader, Let’s face it, May and the first part of June have been hard on stocks. Since May 1st, the S&P 500 has dropped from 1,415 to 1,278. The 10% drop has erased all of the gains we made in the first three months of the year. Obviously, […]
EOT Trade Alert – June 1, 2012
June 1, 2012 Trade Alert: Buy SCHW July 2012 $12 Call options for $0.90 or better Company Background: Charles Schwab (SCHW) is perhaps best known for its discount-brokerage business. But these days the company is about much more than just a cheap trade. Since its beginning, the firm has spread the gospel of investing across America. […]
EOT Position Update – May 30, 2012
May 30, 2012 Market Snapshot The markets pushed higher yesterday fueled by European sentiment once again. For weeks now, it’s no secret that I’ve been very cautious on the market. My current recommendations include options that are related to global uncertainty stocks or large cap bellwether stocks. And it’s been working out great! So now […]
EOT Trade Alert – May 25, 2012
May 25, 2012 Trade Alert: Buy DRYS September 2012 $2 Call options for $0.60 or better Company Background: DryShips (DRYS) owns dry bulk carriers and tankers that operate worldwide. The company also owns a fleet of 49 dry bulk vessels of varying sizes. They primarily carry dry cargo including iron ore, grain, minerals, cement, and other […]
EOT Position Update – May 23, 2012
May 23, 2012 Market Snapshot This market has been nothing short of erratic. These days I’m rarely surprised by market movement. However, I am surprised at the repeated negative behavior that has existed over this short time frame. Twelve of the last fourteen days, the S&P has been in the red and that occurrence has […]
EOT Position Update – May 16, 2012
May 16, 2012 Market Snapshot The market has been caught in an ugly downtrend for a couple weeks. However, the market action today really had a bear market feel to it. We’re certainly oversold and ripe for a bounce, but after two brief attempts, we rolled over hard and broke to a new low. So, […]
SET Monthly Issue May 2012
May 2012 TURBULENT TIMES ARE GREAT BUYING OPPORTUNITIES Stocks’ steady climb higher since last October has hit a bump in the road. In fact, it has hit a washboard full of bumps… First off, Europe’s sovereign debt crisis has reared its ugly head again. This thing is like Jason from Friday the 13th horror movies. […]
EOT Trade Alert – May 11, 2012
May 11, 2012 Trade Alert: Buy CSCO August 2012 $16 Calls at $1.45 or better Company Background: Cisco Systems (CSCO) is the world’s leading supplier of data networking equipment and software. Its products include routers, switches, access equipment, and network-management software that allow data communication among computer networks. In addition, Cisco has recently entered newer markets, […]
EOT Position Update – May 9, 2012
May 9, 2012 Market Snapshot There is certainly fear in the air. It is so intense it’s producing a mini washout. And, although the market has managed to mount a decent rally in each of the last few trading sessions, all of the major sectors continue to close negative. The big question we must consider […]
EOT Position Update – May 2, 2012
May 2, 2012 Market Snapshot There’s no doubt, the first day in May seemed to be positive… but was it? Watching the sentiment, I can’t help but wonder how much of the action today was computer-driven rather than real buying. Of course, some will say it’s all computer-driven these days, so it doesn’t really matter. […]
