Search Results for 'SPWR'

WhatsTrading.com Options Recap — 05/15/2013

Interesting trading day with some of the signs of a classic midweek reversal – up Monday, up Tuesday, and up Wednesday morning. Then, the NASDAQ, which led on the way up, leads on the way down. The initial rally was indeed surprising, as data on Industrial Production, PPI, and NY manufacturing were all weaker-than-expected. Crude [...]

May 15, 2013 | 0 Comments More

WhatsTrading.com Options Recap — 05/13/2013

Stock market averages are modestly lower, but volume is light and action has been rangebound thus far. The only significant stat of the day showed Retail Sales up .1 percent in April and better than the .3 percent decline that was expected. But, trading was sluggish across the Eurozone. Crude oil lost 50 cents to [...]

May 13, 2013 | 0 Comments More

MEMC Electronic Materials Inc (WFR) $5.85 +8.13%

MEMC Electronics (WFR), which reported earnings Thursday, is on a two-day 15.8 precent rip higher and moving to 52-week highs amid strength in solar names today (CSIQ, TSL, FSLR, SPWR, JASO). The sector is a bright spot for a second day and options volume is picking up in a number of names, including WFR. 12,000 [...]

May 13, 2013 | 0 Comments More

WhatsTrading.com Options Recap — 05/10/2013

Market is mixed heading into the final two hours of trading. With no economic data due out until Monday’s Retail Sales, trading was steady after Japan surged nearly 3 percent overnight. European markets were mostly modestly higher, but crude lost $1.85 to $94.54 and gold lost $32.5 to $1,436. On Wall Street, the S&P 500 [...]

May 10, 2013 | 0 Comments More

SunPower Corporation (SPWR) $16.30 +6.12%

Sunpower Tech (SPWR) notches 52-week highs Thursday afternoon and is up $1 to $16.36 on increasing volume of 7 million shares. Options action on the stock is heating up as well, with about 12,000 calls and 2,900 puts traded in the name. The flow is mostly focused in May call options with strike prices ranging [...]

May 9, 2013 | 0 Comments More

WhatsTrading.com Options Recap — 05/06/2013

Snoozefest. With no economic data or important earnings to guide things, market averages opened steady and have traded in a range. I won’t try to make it sound exciting, because it simply is not. Crude oil is up 46 cents to $96.07 and gold gained $5 to $1469. The Dow Jones Industrial Average erased morning [...]

May 6, 2013 | 0 Comments More

WhatsTrading.com Options Recap — 04/29/2013

Stock market averages are holding solid gains, but there’s not much news flow and very light volume behind the move. Pending Home Sales were up 1.5 percent and that was 1.4 percent more than expected. Personal Incomes and Spending rose .2 percent and .2 percent in March, which was mostly in-line with expectations. European equity [...]

April 29, 2013 | 0 Comments More

WhatsTrading.com Options Recap — 04/26/2013

Sorry for getting this out late. I was CBOE for a good part of the day, which was a slow one. Market averages were basically flat on mixed earnings news. VIX is at 13.61 and basically unchanged for a second day. Quiet day all around and probably some wait-and-see ahead of another flood earnings next [...]

April 26, 2013 | 0 Comments More

WhatsTrading.com Options Recap — 04/09/2013

Microsoft (MSFT) and Intel (INTC) are leading the Dow to a 90-point gain Tuesday. MSFT rallied 3.7 percent to $29.63 in brisk trading of 45 million shares. The move is leaving many scratching their heads, as there is no immediate news to explain the strength. Meanwhile, 160K calls and 62K puts traded in the name. [...]

April 9, 2013 | 0 Comments More

WhatsTrading.com Options Recap — 02/20/2013

With uneventful trading in overseas markets, early focus was on Housing Starts. The headline number showed a sharp drop to 890K for January, from 973K and below expectations of 914K. However, Building Permits, a better gauge of future activity, was up to 925K, from 909K and better than the 918K that was expected. Separately, PPI [...]

February 20, 2013 | 0 Comments More
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