Corey Williams
Corey Williams's Latest Posts
SET Portfolio Update August 2010
August 3, 2010 Take a deep breath… A stealth comeback is starting the third quarter off on the right foot. Without much fanfare or hoopla, the S&P 500 is up more than 11% since July 1st. That’s a breath of fresh air after suffering a 12% collapse during the second quarter. The good news is… […]
EOT Trade Alert – July 29, 2010
July 29, 2010 Trade Alert: Buy DCO September 18 2010 $20.00 Puts at $1.50 or better Company Background: Ducommun (DCO) designs and supplies components for commercial and military aircraft. Short-Term Catalyst: The aerospace and defense industry is a brutal business. The manufacturing of new aircraft is dominated by a few major players like Boeing (BA) and privately owned […]
EOT Position Update – July 28, 2010
July 28, 2010 Market Snapshot As an investor, you know how important it is to expect the unexpected. And in today’s manic-depressive markets, it’s more important than ever. Just look at the headlines describing the market’s daily movements. One day we’ll see, “Stocks Rally As Strong Earnings Outweigh Weak Economic Data”. Only to see, “Weak […]
EOT Trade Alert – July 23, 2010
July 23, 2010 Trade Alert: Buy BRCM November $39.00 Calls at $2.60 or better Company Background: Broadcom (BRCM) makes semiconductors for wired and wireless communications equipment. Their products allow voice, video, data, and multimedia to be delivered to homes, businesses, and just about anywhere you can get cell phone reception. Short-Term Catalyst: Someone forgot to tell […]
EOT Position Update – July 21, 2010
July 21, 2010 Market Snapshot “Economic outlook remains unusually uncertain”… No it’s not an answer from my “Magic 8 Ball”. Those were the words Fed Chairman Ben Bernanke uttered in front of Congress today. The markets promptly nose-dived after he made the comment. Look, the markets have been telling us there’s a lot of uncertainty […]
SET Monthly Issue July 2010
July 2010 MARKET CORRECTION OR NEW BEAR MARKET? Investors continue looking at the markets with a skeptical eye. And for good reason… There’s a lot of uncertainty right now. It’s left investors wondering if the recent pullback is merely a market correction or the beginning of a new bear market. Even record setting earnings by […]
EOT Position Update – July 14, 2010
July 14, 2010 Market Snapshot Optimism… It’s back! Earnings season is underway. And so far it’s giving investors reason to believe the economic recovery can continue. Headlining the impressive earnings is Intel (INTC). The semiconductor giant reported a monster quarter. In fact, they recorded their best quarter ever! The good news didn’t stop there either. Intel CEO, […]
EOT Trade Alert – July 8, 2010
July 8, 2010 Trade Alert: Buy SBUX October $25.00 Calls at $1.70 or better Company Background: Starbucks (SBUX) is the original espresso style coffee retailer. You probably drive by at least one of their stores every day. They sell and distribute specialty coffee and they’ve expanded their business to include wholesale and trademark licensing. Short-Term Catalyst: […]
EOT Position Update – July 7, 2010
July 7, 2010 Market Snapshot The markets bounced back from oversold conditions today. It’s not surprising to see a relief rally. Stocks were down almost every day for two straight weeks. But there’s one thing today’s rally lacked. It’s the same thing all of the single day rallies since April have lacked… Volume! Below average volume […]
SET Portfolio Update July 2010
July 6, 2010 Thankfully the second quarter has come to an end. And not a moment too soon. It’s been an ugly quarter to say the least. This quarter alone, the Dow is down 10%, the S&P 500 shed 12%, and the NASDAQ lost 12%. Every sector in the S&P 500 is showing a loss […]
