1:45pm (EST)
All eyes will be on Intel (INTC, $21.30, up $0.34) after the bell. Wall Street expects $0.30 a share and revenue is expected to rise to $10.2 billion from $8.2 billion last year.
Economic News…For retail sales, Wall Street was expecting an increase of 0.5%, weaker than November’s 1.3% increase. We came in worse than expected…retail sales for December decreased 0.3%.
For weekly jobless claims, Wall Street had penciled 430,000 new claims, off slightly from last week’s 434,000. We totaled 444,000. The latest tally marked a week-over-week increase of 10,000. Meanwhile, continuing claims retreated to 4.6 million from an upwardly revised 4.8 million.
As we head to press, the Dow is up 21 points to 10,702. As far as our current trades, they have been updated in the Members Area. We will be back in the morning with a full update.
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on Thursday, January 14th, 2010 at 1:48 PM and is filed under Company Commentary, Earnings, Economic News.
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Intel on Deck
1:45pm (EST)
All eyes will be on Intel (INTC, $21.30, up $0.34) after the bell. Wall Street expects $0.30 a share and revenue is expected to rise to $10.2 billion from $8.2 billion last year.
Economic News…For retail sales, Wall Street was expecting an increase of 0.5%, weaker than November’s 1.3% increase. We came in worse than expected…retail sales for December decreased 0.3%.
For weekly jobless claims, Wall Street had penciled 430,000 new claims, off slightly from last week’s 434,000. We totaled 444,000. The latest tally marked a week-over-week increase of 10,000. Meanwhile, continuing claims retreated to 4.6 million from an upwardly revised 4.8 million.
As we head to press, the Dow is up 21 points to 10,702. As far as our current trades, they have been updated in the Members Area. We will be back in the morning with a full update.
Tags: alternative investments, asset management, blog Wall Street, buying call options, buying put options, call option trading, chicken option trades, Covered Calls, financial, financial investment, funds, future option trading, futures trading, gold investing, guide to investment, guide to options, guide to options trading, hedge fund, hedge funds, how to invest, income, index funds, index options, invest, invest money, investing for dummies, investing market, investment, investment advisor, investment management, investment services, investment strategy, investments, journal Wall Street, momentum stock option trading, mutual investing, new Wall Street, on Wall Street, online option trading, online trading system, option call, option exchange, option investment, option picks, option price, option selling, option trade, option trade picks, option trading online, options, options alerts, options blog, options expiration, options mentoring, options newsletters, options signals, options track record, options trade, options trading, options trading strategies, private equity, put option trading, Rick Rouse, software options, stock, stock exchange, stock investment, stock market, stock market options, stock option trade pick service, stock option trading, stock price, stock quotes, stock share, stock trading, straddle option trades, strangle option trades, strategies options, support and resistance levels, the Wall Street, trading, trading option, trading options, triple-digit option trades, wall st, Wall Street, Wall Street article, Wall Street blog, Wall Street history, Wall Street online, wealth management
This entry was posted on Thursday, January 14th, 2010 at 1:48 PM and is filed under Company Commentary, Earnings, Economic News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.