Archive for February, 2009

Marvel shines its profitable Iron… Man

Submitted by WC Power Tech Fund
Beating street estimates for Marvel Entertainment (MVL) has become the norm, with a 6th straight quarter of analyst trouncing results. Clearly the comic book company’s foray into the film business has been successful. The numbers show the tremendous potential of a successful film franchise, and Marvel’s expecting a 2nd and [...]

Anatomy of a Trade: Selling Calls in a Bear Market

Submitted by WC Power Tech Fund
Risk is without a doubt the de-facto component of any investment. There’s certainly no free-lunches out here, especially in the Bearish climate traders are finding themselves in. With the majors touching November 2008 lows, the already fragile marketplace finds itself hanging by mere strings from a profound loss of confidence.
Anatomy [...]

Friday Market Notes

Submitted by WC Power Tech Fund
With the majors hovering around the flat line for most of the morning trade, the one thing that’s easy to determine is the market’s general lack of direction. Stimulus news dissemination could be the main culprit, but more than likely its the sparse rash of headlines that paint a directionless [...]

Reaction to New Financial Bailout Plan and Stimulus Bill Passing bearish

Submitted by WC Power Tech Fund
Markets traded in negative waters in early morning trade, but it wasn’t until details of Tim Geithner’s plan for the remains of the Financial Bailout the things scampered quickly into the bear caves.  The Dow Jones finished lower by nearly 400 points (4.6%) and the S&P and Nasdaq followed with declines [...]

Markets Rally on Stimulus Package Hopes

Submitted by WC Power Tech Fund
200 to the good for the Dow in mid day trading has equities on a continued Bull run as regularly rough unemployment metrics are being used by traders to cash in, in the hopes the dire data will bring the US government around to passing, and passing quickly a massive [...]

Citigroup unveils TARP plans, public gets some transparency

Submitted by WC Power Tech Fund
Leading the pack of news stories in the category of “Things that should have been public months ago” is today’s gem about Citigroup (C) and their official plans for using government funds as part of the TARP bailout. Finally the company is unveiling how it has structured the use of [...]