Corey Williams
Corey Williams's Latest Posts
EOT Position Update – May 14, 2008
May 14, 2008 Market Snapshot The Dow Jones Industrial Average closed at 12,898. This gave us a nice gain over the last 5 trading days. Today, smaller than anticipated increases in CPI numbers pushed the markets higher and caused the US Dollar to lose some ground. Recently news of a massive earthquake in China has […]
EOT Trade Alert – May 13, 2008
May 13, 2008 Trade Alert: Buy NGS July 2008 $30 Calls at $1.75 or better (NGSGF) Brief Company Background: Natural Gas Services (NGS) provides compressors, gas flare stacks, and flare ignition systems for plant and production facilities. Their equipment and services are delivered primarily to the natural gas and oil industry. Short-Term Catalyst: No […]
EOT Position Update – May 7, 2008
May 7, 2008 Market Snapshot Today the Dow Jones Industrial Average closed at 12,814. This week we reached for the 200 day moving average, but it only served as a brick wall to any rally. It seemed like as soon as we crossed into the 13,000 territory we quickly got pushed back down. I’m still […]
EOT Trade Alert – May 6, 2008
May 6, 2008 Trade Alert: Buy EXM June 2008 $50 Calls at $2.90 or better (EXMFJ) Brief Company Background: Excel Maritime Carriers (EXM) owns and operates dry bulk carriers. They transport dry bulk cargoes like iron ore, coal, grains, bauxite, fertilizers, and steel products worldwide. Short-Term Catalyst: Today, Excel Maritime Carriers set a release […]
EOT Trade Alert – May 1, 2008
May 1, 2008 Trade Alert: Buy DSX June 2008 $35 Calls at $1.00 or better (DSXFG) Brief Company Background: Diana Shipping (DSX) is a global provider of shipping transportation services. They specialize in transporting dry bulk cargoes, including commodities like iron ore, coal, and grain. Short-Term Catalyst: Last week, Diana Shipping set a release […]
EOT Position Update – April 30, 2008
April 30, 2008 Market Snapshot Today the Dow Jones Industrial Average closed at 12,820. For the first time since early January we actually traded above the 13,000 level. But the nearly 200 point rally couldn’t hold on, we ended up closing down 11 points today. Today’s big news was centered around the Fed rate cut. […]
EOT Trade Alert – April 24, 2008
April 24, 2008 Trade Alert: Buy UAUA June 2008 $15 Puts at $2.00 or better (UALQC) Brief Company Background: United Airlines (UAUA) is one of the largest international air carriers based in the United States. They operate more than 3,200 flights a day arriving at more than 200 U.S. domestic and international destinations. Short-Term […]
EOT Position Update – April 23, 2008
April 23, 2008 Market Snapshot Today the Dow Jones Industrial Average closed at 12763. We witnessed yet another 200+ point move in the index, this time on Friday. Despite the rally, we’re still trading well below the 200 day moving average. Oil was the hot news over the last week. Prices crossed above 119 a […]
EOT Trade Alert – April 18, 2008
April 18, 2008 Trade Alert: Buy VNO June 2008 $95 Calls at $4.00 or better (VNOFS) Brief Company Background: Vornado Realty Trust is a real estate investment trust (REIT). They own a number of office properties in New York, Washington, and northern Virginia. They also have a number of retail properties in Puerto Rico. […]
EOT Position Update – April 16, 2008
April 16, 2008 Market Snapshot The Dow Jones Industrial Average closed at 12619, but we took the long way getting here. On Friday the markets gave up well over 200 points. Then today we witnessed a 250+ point move up. All of these gyrations are making my head spin. Market talk this week has been […]
