Corey Williams
Corey Williams's Latest Posts
SET Portfolio Update May 2009
May 5, 2009 The markets continue to march higher. Both the Dow and S&P 500 are back up to their late January/February highs. And the best performing broad based index, the NASDAQ, has broken out to fresh year-to-date highs and reached its 200-day moving average. Will this be the resistance point that finally turns back […]
EOT Position Update – April 29, 2009
April 29, 2009 Market Snapshot After chopping around the 8,000 mark for a week, the Dow staged a rally today. Reaching levels last seen in early February. This is a very positive sign. You see, the last few weeks the market has been ripe for a correction. And we got one; the best kind if […]
EOT Trade Alert – April 28, 2009
April 28, 2009 Trade Alert: Buy LZ June 2009 $45 Calls at $2.25 or better (LZFI) Company Background: Lubrizol (LZ) is a specialty chemical company. They produce various technologies used in transportation, industrial, and consumer markets. The company operates in two business segments; additives and advanced materials. Short-Term Catalyst: The basic materials sector has been on […]
EOT Position Update – April 22, 2009
April 22, 2009 Market Snapshot We’re still hanging around that 8,000 mark on the Dow. It’s interesting that with all the earnings announcements, we haven’t seen more volatility in the markets. I’m going to be watching for the next few days. If we can hold up, I think the March lows may have been the […]
SET Monthly Issue April 2009
April 2009 THE BULLS ARE IN CONTROL THESE INDUSTRIES CAN LEAD THE WAY The major averages locked in their 6th weekly gain in a row last week. If you weren’t long the market during the first stage of this rally don’t worry, there’s more to come. But use caution. You don’t want to chase stocks […]
EOT Trade Alert – April 17, 2009
April 17, 2009 Trade Alert: Buy JPM June 2009 $37.50 CALLS at $2.25 or better (JPMFU) Company Background: JPMorgan Chase (JPM) doesn’t need much of an introduction. This international banking giant has been all over the news lately. They primarily operate commercial banks and an investment banking firm. Short-Term Catalyst: Investment dollars are pouring back into […]
EOT Position Update – April 15, 2009
April 15, 2009 NOTE: Watch for a new trade in the next 48 hours. Market Snapshot We’re still struggling to get above the 8,000 mark on the Dow. We started the month of April flirting with that level, but have been unable to sustain a rally above 8,000. We’re starting to see signs of the market […]
EOT Trade Alert – April 9, 2009
April 9, 2009 Trade Alert: Buy SPLS June 2009 $20 PUTS at $1.70 or better (PLQRD) Company Background: Staples (SPLS) is an office products retailing company. They provide office products including supplies, technology, furniture, and business services. The company operates over 1,800 stores throughout the US & Canada. Short-Term Catalyst: Everyone knows how bad the economy […]
EOT Position Update – April 8, 2009
April 8, 2009 NOTE: Watch for a new trade tomorrow. Market Snapshot The last few days haven’t been so hot in the market. Despite today’s small rally, we had two big down days to start off the week. We’re slightly above the same point last week, but below the highs of 8,000+ we hit a […]
SET Portfolio Update April 2009
April 7, 2009 Just a month or so ago, investor negativity was so thick you could feel it. Every headline seemed to send the market further down. But things started to change over the last month. As I noted in the March issue, negative news out of GE actually sent the stock price up. This […]
