Corey Williams
Corey Williams's Latest Posts
EOT Position Update – December 31, 2008
December 31, 2008 Market Snapshot Today is New Year’s Eve. It’s a historic moment as we wave goodbye to one of the worst markets since the great depression. We stand today down almost 40% on the year. I don’t know about you, but I’m ready to forget about 2008 and focus on 2009. Because of […]
EOT Position Update – December 24, 2008
December 24, 2008 Market Snapshot Merry Christmas Eve. I hope everyone is having a wonderful holiday season. As we enter the end of the year and the holiday season, the market has settled considerably. Volumes and volatility are down, and the Santa Clause rally many were hoping for never materialized. The big news this week […]
EOT Position Update – December 17, 2008
December 17, 2008 Market Snapshot The market seems to be heading higher. We’ve put together a solid week of gains, and we’re up so far this month. We’re now well above the November lows and heading the right direction. I’m not convinced … yet… that we’re out of the bear market, but signs are looking […]
EOT Trade Alert – December 16, 2008
December 16, 2008 Trade Alert: Buy WPI February 2009 $25 CALLS at $1.75 or better (WPIBE) Company Background: Watson Pharmaceuticals (WPI) develops and makes branded and generic pharmaceuticals. The products are used in many different therapeutic areas, including central nervous system, nephrology, hormones and synthetic substitutes, and cardiovascular, among others. Short-Term Catalyst: In early October we […]
EOT Position Update – December 10, 2008
December 10, 2008 Market Snapshot New Trade Today: Check your e-mail or the website for the latest recommendation. We’re slowly headed upwards now on the Dow. We’ve managed to put together a few days of upward momentum. I’m hopeful the market bottomed in late November. I’m watching closely to see if it holds. The big […]
EOT Trade Alert – December 10, 2008
December 10, 2008 Trade Alert: Buy GVA January 2009 $55 CALLS at $2.10 or better (GVAAK) Company Background: Granite Construction (GVA) is a heavy civil contractor and a construction materials producer. Their customers are primarily public governments and private sector clients. Short-Term Catalyst: Construction is normally an industry I’d look to invest in right now. […]
EOT Position Update – December 3, 2008
December 3, 2008 Market Snapshot The Dow’s trading around 8,300 as I’m writing today’s update. November ended another month of choppy markets, and December looks to be holding the trend. The last five days have seen the market continue to swing by several hundred points per day. The market overall may have put in a […]
EOT Trade Alert – December 2, 2008
December 2, 2008 Trade Alert: Buy IBM January 2009 $60 PUTS at $1.85 or better (IBMML) Company Background: International Business Machines (IBM) really needs no introduction, they’re one of the largest technology companies in the world. The official description is, the company develops and manufactures information technologies, including computer systems, software, networking systems, storage devices, […]
EOT Position Update – November 26, 2008
November 26, 2008 Market Snapshot Important Note: Watch for a new Trade Alert early next week. The Dow just closed at 8726.62. The choppy market continues. It looks like a new low of just under 7,500 was established late last week. Now we’ve seen 4 straight days of the market moving higher. The Dow’s up […]
EOT Position Update – November 19, 2008
November 19, 2008 Market Snapshot The Dow just closed at 7,997. We continue to trade in choppy markets. The Dow just hit a new 5 year low…the last time we traded at these numbers was 2003. The big news this week… Hewlett Packard (HPQ) surprised the street with a positive earnings announcement. I wonder if the […]
