Monthly Archives: January 2011

We originally initiated our position in BAC on Dec 09, 2010 when it broke out of the 50-day moving average (after a long downtrend). We were right! The stock then ran up more than 25% up to its earnings release. … Continue reading →

Amazon (AMZN) will report earnings today after the market close. The Jan options expire tomorrow and has tremendously high implied volatility (IV). If you are bullish on AMZN shares, but want to put on a trade that would take advantage … Continue reading →

Halliburton (NYSE:HAL) reported better than expected earnings this week and received a number of analysts’ upgrades.  Technically, the stock broke out of a volatility squeeze yesterday on heavy volume. We think the stock has further upside from here. Noting that the … Continue reading →

Morgan Stanley reported better than expected earnings yesterday and after testing a low of 27.59, rallied all day to above 29. The technical setup looks bullish and it is already up 2.5% this morning. Although it is a little hard … Continue reading →

Hello Everybody, First of all… wish you all a Happy New Year! I had to go through a surgery (at the beginning of the new year) on my hand to fix lacerated index finger extensor tendon. Hence I could not … Continue reading →