Corey Williams
Corey Williams's Latest Posts
EOT Position Update – October 20, 2010
October 20, 2010 Market Snapshot Fed, Earnings, and China… Oh my! We’re not in Kansas anymore Toto… The markets are caught up in a tornado of uncertainty right now. And who knows, we might just end up in Oz… First off, the Fed’s plan for quantitative easing (QE) is still driving the market. So when some […]
SET Monthly Issue October 2010
October 2010 THE FED IS DEVALUING THE US DOLLAR The Fed has a solution to our economic woes… Destroy the US Dollar. …After all, a weak US Dollar is good for exports. And 46.6% of sales by S&P 500 companies come from outside the US. But that’s just part of the story. In short, the […]
EOT Trade Alert – October 13, 2010
October 13, 2010 Trade Alert: Buy FRX Jan 2011 $34 Calls at $1.50 or better Company Background: Forest Labs (FRX) develops, manufactures, and sells branded and generic drugs. Their sales efforts are focused on their branded drugs with growth potential like Lexapro, Namenda, Benicar, and Campral. Short-Term Catalyst: M&A activity is juicing the valuations of pharmaceutical […]
EOT Position Update – October 8, 2010
October 8, 2010 Market Snapshot Those of you watching the markets closely saw shares of Adobe (ADBE) spike yesterday. Investors were speculating Microsoft (MSFT) could be interested in buying Adobe. The catalyst was a New York Times report. Apparently the CEOs of both software companies had met recently. The rumor mill quickly went into overdrive. ADBE jumped from $25.45 to $30 […]
EOT Position Update – October 6, 2010
October 6, 2010 Market Snapshot To be perfectly honest, the market’s recent strength has caught me a little off guard. I’ve been expecting stocks to pull back a bit. And I was hoping to use the pullback to pick up cheap call options on some of the highflyers. But the markets have continued to plow […]
SET Portfolio Update October 2010
October 5, 2010 Dear Sector ETF Trader Reader, You’ve probably noticed the markets had a great month of September. It’s lit a fire under our ETFs. Now we’re sitting on gains in all of our positions. And what’s even better… half of our ETFs are up more than 8%. I’m excited because we’ve got plenty […]
EOT Trade Alert – September 29, 2010
September 29, 2010 Trade Alert: Buy ADBE Jan 2011 $27 Calls at $1.80 or better Company Background: Adobe Systems (ADBE) is one of the world’s largest software companies. They make several widely used software products like Acrobat, Illustrator, and Photoshop. Short-Term Catalyst: A weaker than expected outlook took the wind out of ADBE’s sails last week. […]
EOT Position Update – September 22, 2010
September 22, 2010 Market Snapshot Watch out! The bulls seized control of the markets in early September. And they’ve pushed stocks to their highest levels in months. It’s caused the S&P 500, Dow, and NASDAQ to clear the upper end of their trading ranges. But be wary, this could be a head fake. Here’s why… […]
SET Monthly Issue September 2010
September 2010 LEADING INDICATORS ARE LOOKING UP Wouldn’t you like to know the future? It sure would make choosing the right investments a whole lot easier. Knowing the future is great, but there are limits. I definitely don’t want to know how I’ll kick the bucket… But there’s no denying, it’d be great to know […]
EOT Position Update – September 15, 2010
September 15, 2010 Market Snapshot Here we go again… The markets have had a nice rally so far this month. But they’re now approaching resistance from the upper end of their trading range. Take a look at this chart of the S&P 500. The red line is resistance from the upper end of the S&P […]
