Corey Williams
Corey Williams's Latest Posts
EOT Trade Alert – August 20, 2008
August 20, 2008 Trade Alert: Buy JCP January 2009 $30 PUTS at $2.35 or better (JCPMF) Company Background: J.C. Penney (JCP) is an operator of department stores. The company was founded in 1902 and currently runs more than 1,000 department stores. JC Penney also operates four internet & catalog fulfillment centers. They sell family apparel, […]
EOT Position Update – August 13, 2008
August 13, 2008 Market Snapshot The Dow Jones Industrial Average just closed at 11,532. We had a huge rally early in the week. Then we gave it all back over the last two days. This week is options expiration for August, so I’m expecting some added volatility. Also we’re entering vacation season. It’s well known […]
EOT Trade Alert – August 11, 2008
August 11, 2008 Trade Alert: Buy CSCO January 2009 $27.50 Calls at $1.10 or better (CYQAY) Company Background: Cisco Systems (CSCO) is a technology company focused on networking and other communication products. The company’s hardware and software is used by all different types of consumers, from Fortune 500 companies to individuals. The company has more […]
EOT Position Update – August 6, 2008
August 6, 2008 Market Snapshot NOTE: I see another trade setting up . . . watch for a new Trade Alert on Friday or Monday. The Dow Jones Industrial Average just closed at 11,656. Up slightly from a week ago . . . after a 300+ point gain yesterday. It seems like a lot of […]
EOT Position Update – July 30, 2008
July 30, 2008 Market Snapshot The Dow Jones Industrial Average just closed at 11,583. Volatility continues to roil the markets with 100+ point moves occurring on an almost daily basis. Big news this week. Merrill Lynch added to the craziness by announcing a small offering of $8.5 billion. They also decided to hold a fire […]
EOT Trade Alert – July 25, 2008
July 25, 2008 Trade Alert: Buy CLHB January 2009 $95 Calls at $3.00 or better (QPBAS) Company Background: Clean Harbors is an environmental and hazardous waste management company. The have more than 50 waste management facilities, including six incinerators. The company operates in the US, Mexico, Canada, and Puerto Rico. Short-Term Catalyst: A few weeks […]
EOT Position Update – July 23, 2008
July 23, 2008 Market Snapshot The Dow Jones Industrial Average just closed at 11,632.38. This is the second week in a row we’ve closed higher. Great news for all of you bulls out there. This is no doubt giving the short sellers heartburn. REMINDER: I’m working on a new trade alert for Friday morning. Watch […]
EOT Position Update – July 16, 2008
July 16, 2008 Market Snapshot The Dow Jones Industrial Average just closed at 11,239. The first time in a long time we didn’t close down from the prior week, though a huge end of day 276 point rally didn’t hurt either. Yesterday the markets touched new a low not seen in more than 2.5 years. […]
EOT Trade Alert – July 14, 2008
July 14, 2008 Trade Alert: Buy GT January 2009 $15 Puts at $2.35 or better (GTMC) Company Background: The Goodyear Tire & Rubber Company (GT) I’m sure needs no introduction. They make tires and related products and sell them worldwide. Their tires are used on automobiles, trucks, buses, airplanes, motorcycles, farm, earthmoving, and industrial equipment. The company […]
EOT Position Update – July 9, 2008
July 9, 2008 Market Snapshot The Dow Jones Industrial Average just closed at 11,147 – down again from last week. I wouldn’t be surprised if we end up even lower next week. Alcoa’s earnings announcement kicks off earnings season for the second quarter. Check out today’s Dynamic Wealth Report to learn more about my thoughts on their […]
