Day Trading News

Options traders set their sights on Cisco Systems, Inc. calls on Monday. Roughly 78,000 call contracts crossed the tape during the course of the session, easily outnumbering the approximately 34,000 puts that changed hands.

Of the 20 equities seeing the heaviest options volume in recent sessions, three names of notable interest this afternoon are Groupon Inc , Bank of America Corp , and Microsoft Corporation .

The bears edged out the bulls yesterday in Chesapeake Energy Corporation's options pits, on the news that the company had chosen a new CEO .

"Guerrilla trading," as the colorful term suggests, refers to the technique employed by nimble traders who dart in and out of the financial jungle in short skirmishes that aim to generate quick profits while keeping risk to a minimum.

Traders participate in the financial markets by buying and selling stocks, futures, forex and other securities, and closing out positions with the intention of making small, frequent gains.

The Dow Jones Industrial Average is pointed just north of breakeven ahead of the bell, with stocks poised for another session of consolidation.

The firm currently has $5.10 price target on the stock. Zacks has also updated their ratings on a number of other services stocks in the last week.

The performance of the UAE stock markets is broadly in line with the rise in global stock markets.

The Toronto Stock Exchange surged ahead Friday, encouraged by gains from the U.S. markets, after data showed the world's largest economy may be in recovery.

The stock rose $7.70, or 59.2 percent, to $20.70 in afternoon trading. The shares were priced at $13, at the high end of the expected range of $11 to $13 per share.

"As poor as today's economic data was, the good news was we saw some solid earnings," said Schaeffer's Senior Technical Strategist Ryan Detrick, CMT, of a day where the Dow Jones Industrial Average bounced around breakeven for much of the day, notched new all-time high, and settled 42 points lower.

Investors will likely follow shares of Donaldson Co. and Stage Stores Inc. on Friday as those firms report quarterly results, along with shares of Aruba Networks, which took a drubbing late Thursday.

While traditionally neither young Hollywood starlets nor typical teens are known as keen investors, veteran financial advisor and former Springfield resident Mitch Slater recently found some young adults who are devoting their free time to becoming more financially savvy.

NEW YORK -- Proving once again that he's a long-term investor, not a day trader, billionaire investor Warren Buffett's Berkshire Hathaway made few changes to its closely followed $85 billion stock portfolio in the first quarter.

Activist investor Bill Ackman's bullish predictions for The Procter & Gamble Company "should come to fruition for patient investors," especially if the blue chip can "optimize pricing and improve productivity," notes this Barron's column .

Meanwhile, data from the International Securities Exchange , Chicago Board Options Exchange , and NASDAQ OMX PHLX shows a 10-day call/put volume ratio of 1.04 for Amazon.com, Inc., confirming calls bought to open have slightly outnumbered puts during the past two weeks.

The market goes up every day, and yet the CBOE Market Volatility Index basically goes nowhere.

It's slow going for QUALCOMM, Inc. options today, with intraday volume running at about half its normal rate.

The Dow Jones Industrial Average is sticking close to the flatline, with futures sitting just below breakeven ahead of the bell.

I started my "rebalancing" trek down Wall Street five years ago and have been rewarded while others have suffered through the ups and down of the market.