EOT Update
EOT Position Update – September 7, 2011
September 7, 2011 Market Snapshot Consumers and investors have finally cracked… They’ve lost confidence in the economy, politicians, and the stock market. Just look at the latest Conference Board’s Consumer Confidence Index. It plummeted from 59.2 in July to 44.5 in August. The index is now at its worst level since the depths of the […]
EOT Position Update – August 3, 2011
August 3, 2011 Market Snapshot Politicians in DC finally worked out a deal to raise the debt ceiling. And just in the nick of time too. Now the US government isn’t going to default on their debts. Hooray! Surely the markets are going to rally now that crisis has been averted. Not so fast… Poor […]
EOT Position Update – August 31, 2011
August 31, 2011 Market Snapshot It’s another wild week for investors… The truth is there’s a lot of uncertainty right now. As a result, stocks are gyrating up and down as investors adjust their expectations. But it’s hard to get a good read on how companies will perform as the economy slows. Then Mother Nature […]
EOT Position Update – August 24, 2011
August 24, 2011 Market Snapshot It’s been an ugly summer for the stock market. The S&P 500 has fallen from a high of 1,370 on May 2nd to a low of 1,101 on August 9th. That’s a whopping 20% correction for the large cap index this summer! Thankfully, summer is finally coming to an end […]
EOT Position Update – August 17, 2011
August 17, 2011 Market Snapshot After weeks of panic and fear, investors are refocusing on the markets. Predictably, economists and analysts are busy slashing their forecasts for GDP growth. According to the Wall Street Journal, economists now forecast US GDP growth of 1.6% this year. That’s a massive cut from their July forecast of 2.6% growth! […]
EOT Position Update – August 10, 2011
August 10, 2011 Market Snapshot Let’s sum up the last week of market action in a single word… Panic! Simply put, there was no place to hide from the stock market selloff this week. Investors didn’t discriminate with their selling. Nothing mattered… Not Fundamentals… Not Technicals… It was sell first and ask questions later. As […]
EOT Position Update – July 29, 2011
July 29, 2011 STEC November 2011 $17 Puts It’s a bad day to be a STEC shareholder… But it’s a great day to own put options on STEC! Why? STEC reported second quarter earnings yesterday after the markets closed. They missed analyst estimates by a penny. But that’s not the worst of it… Management slashed […]
EOT Position Update – July 20, 2011
July 20, 2011 Market Snapshot Second quarter earnings season is off with a bang. Tech companies are leading the way. There’s no doubt about it, Apple’s (AAPL) earnings were impressive. They made $7.79 per share. That’s nearly $2.00 more than expected. But AAPL isn’t the only one posting blowout earnings. IBM (IBM), Google (GOOG) and VMware (VMW) also beat expectations. If […]
EOT Position Update – July 6, 2011
July 6, 2011 Market Snapshot A big rally for stocks across the board… The last few weeks of bullish trading sent stocks soaring. They’ve jumped from near the lows of this year’s trading range to the high end of the range. But it’s nothing to get overly excited about… Just take a look at this […]
EOT Position Update – June 22, 2011
June 22, 2011 ***Position Update*** Market Snapshot Here it comes… Federal Reserve Chairman Ben Bernanke took the stage today. As expected, the Fed chief’s comments sparked a selloff in stocks. What did he say to cause such a reaction? The same thing I’ve been talking about over the last few months… Slowing economic growth. Up […]
