Rupert Murdoch’s flagship news channel rose to prominence by doggedly vilifying those who opposed whatever views were being espoused. Fox recently launched a new business news channel to tie into its acquisition of the Wall Street Journal and yesterday it was announced News Corp (NWS) obtained a controlling portion of an opposition media corporation in the former Soviet state of Georgia.
Category: Online Stock Trading Software
Chevron and Exxon Release Earnings this Week – Covered Calls
Two of the world’s largest oil companies, Exxon (XOM) and Chevron (CVX), are gearing up to release their quarterly profit reports this week. Let’s take a look at some of the reasons ($93/barrel oil) the numbers might be good and some of the rationale behind why some analysts believe the companies might come in lower than expected.
October Covered Call Trades Yield 3.6% to 15.4%
October was a successful month for the blog. Many of the trades we listed on the blog came in profitable. The trades listed in the following table are some of the trades making money for the month of October.
Citi Disappoints – A Bearish Look at the Financial Sector
Citi (C) was down nearly 3.5% today despite beating analysts’ estimates. Overall, the company raked in $2.4 Billion last quarter. Unfortunately this is nearly 60% lower than the same quarter last year.
Covered Calls on Optionable ETFs
Casual investors often love the simplicity of index mutual funds and dollar cost averaging. Option investors love the excitement of a more exotic trade and the downside protection offered by common trades such as Covered Calls and in the money spreads. Exchange Traded Funds are a fund tracking an index, but can be traded like a stock.
Airline News – American may Sell-Off Frequent Flyer Program and British Airways Buys from both Boeing and Airbus
There’s quite a bit of news surrounding Airlines recently. British Airways (OTC:BAIRY.PK) announced they would be buying 24 of Boeing’s (BA) new 787 Dreamliner while favoring 12 of Airbus’ (Privately held) larger A380 Superjumbo over Boeing’s stalwart 747.
Home Improvement Profits Slump – Bear Call Credit Spreads
For those thinking the housing slump will continue to drag down retailers like Home Depot and Lowes, this blog is for you. Lowe’s reported today sales are trending lower than forecast and the company is likely to have numbers at the low end of its announced spectrum.
Apple Chooses iPhone Carrier for German and English Markets
T-Mobile (DT), a subsidiary of Deutsche Telekom, has landed the iPhone contract for the German Market. The German based company seemed a natural fit to provide service for the phone. Germany provides a potentially robust market for Apple as the country currently leads the world in exports and is Europe’s largest economy.
Are Tech Stocks a Safe Haven? September Tech Covered Calls
The sub-prime lending mess has left some investors looking for a port in the storm. Some have turned to treasury notes and bonds, but for those bold enough to keep looking to stocks with a reasonable yield; tech stocks are looking increasingly more tantalizing.
Americans Getting Fatter & Covered Calls
A report by the Trust for America’s Health (TFAH) organization entitled, “F as in Fat: How Obesity Policies are Failing in America, 2007”, recently observed Americans in 31 states continue to exhibit higher rates of obesity as reported from the previous year. Mississippi clocked in with the highest obesity rate for the third year in a row at 30.6%. Statistically about every third Mississipian you see will be obese. Another way to look at it is if a person is in Mississippi and they look to the person on the left and they look to the person on the right and don’t see an obese person, then the person doing all the head turning is probably the person eating too many hamburgers and french-fries.