Corey Williams
Corey Williams's Latest Posts
EOT Trade Alert – November 18, 2008
November 18, 2008 Trade Alert: Buy SU January 2009 $17.50 PUTS at $3.00 or better (SXHMW) Company Background: Suncor Energy (SU) operates as an integrated energy company in Canada. The company’s business is divided into four segments: Oil Sands, Natural Gas, Energy Marketing, and Refining. Short-Term Catalyst: Oil prices are in a freefall. We called […]
EOT Position Update – November 12, 2008
November 12, 2008 Market Snapshot The market decided to trade much lower this week. Apparently the excitement over a new President has a shelf life of 3 days or less. The Dow just closed at 8,282. The big news this week . . . American Express became a bank, China decided to spend $600 billion […]
EOT Position Update – November 5, 2008
November 5, 2008 Market Snapshot The Election’s over! Obama Wins! We can now focus on the important issues . . . like the economy. Obama’s going to have his hands full with getting the American economy back on the right track. I’m looking forward to seeing what ideas this new administration will present. Volatility was […]
EOT Trade Alert – October 31, 2008
October 31, 2008 Trade Alert: Buy KSS December 2008 $30 PUTS at $2.25 or better (KSSXF) Company Background: Kohl’s (KSS) operates almost 1,000 departmental stores. They offer apparel, footwear, and accessories as well as home products, such as sheets and pillows. The company also provides online shopping of furniture and electronics. Short-Term Catalyst: Back in […]
EOT Position Update – October 29, 2008
October 29, 2008 Market Snapshot Today the market rocked back and forth, quite undecided on what direction to take. This follows Tuesday’s amazing 889 point gain in the Dow. Nearly an 11% move, I must say it was amazing to watch. Today we ended the day at 8990. The big news this week . . […]
EOT Trade Alert – October 24, 2008
October 24, 2008 Trade Alert: Buy BP December 2008 $35 PUTS at $2.45 or better (BPXG) Company Background: BP PLC (BP) is a global energy supplier based out of London, England. The company’s fuels are used for transportation, energy for heat and light, and petrochemicals products. The company operates in two segments, Exploration and Production, […]
EOT Position Update – October 22, 2008
October 22, 2008 Market Snapshot NOTE: Watch for a new Trade Alert on Thursday or Friday. The volatility in the market continues. Today we closed down 500+ points to end the day at 8,519. I don’t know what’s going to calm the volatility. I’m of the opinion that this might last longer than anyone expected. The […]
EOT Position Update – October 15, 2008
October 15, 2008 Market Snapshot The volatility in the markets is absolutely amazing. We’ve had triple digit moves in the market for 20 of the last 23 trading days. We’ve broken below 9,000 on the DOW over the last few days, and as of today’s close we sit at 8,577. When we start trending higher […]
EOT Trade Alert – October 9, 2008
October 9, 2008 Trade Alert: Buy MRK November 2008 $30 CALLS at $1.50 or better (MRKKF) Company Background: Merck & Co (MRK) needs no introduction at all. The company and their products are well known around the world. Founded in 1891, Merck develops and sells pharmaceutical products. They have hundreds, if not thousands of drugs […]
EOT Position Update – October 8, 2008
October 8, 2008 Market Snapshot IMPORTANT NOTE: Watch for a new trade Thursday or Friday. We’re well below 10,000 on the Dow. We closed at 9,252 to be precise. The market hasn’t seen levels like these since 2003. The losses have been staggering. The only guidance I can give is this too will pass. Remember […]
