Day Trading News

While day trading occupied the minds of fixed income market participants yesterday, prices of mortgage backed securities managed to tick higher, despite considerable gains in stocks.

Shares of homebuilder D.R. Horton, Inc. got a boost from an upgrade at Citigroup and some stronger-than-anticipated housing data on Monday, which helped fuel a flood of option activity on the stock.

When you enter the stock market, it should be with some goals. Whether these goals are immediate and aggressive or long term and fanciful, you should always know for how long you plan to stay in and what your trading strategy will be.

Ahead of the open this morning, Borders Group Inc. narrowed its third-quarter loss to 63 cents per share from $2.90 per share last year.

This volume was more than triple the equity's average single-session trading volume of 15,012 contracts.

Call speculators singled out Patterson Companies, Inc. on Thursday, after the medical-supplies maker reported improved fiscal second-quarter earnings and reiterated its 2010 outlook.

During the course of the session, the stock saw about 6,100 calls exchanged - more than doubling the number of LTD puts traded, and nearly five times its average daily volume of fewer than 1,250 calls.

Call traders pounced on Excel Maritime Carriers Ltd. on Wednesday, as the shipping issue was one of the Street's top single-session performers.

As the economy drifts listlessly going into this holiday season, thoughts of sugar-plumbed call options and zombie companies , Freddie Mac , and Citibank ) are dancing in the heads of day traders, fund managers and CNBC.

Wireless technology firm InterDigital, Inc. issued weaker-than-expected fourth-quarter revenue guidance on Tuesday, drawing a massive amount of put players as a result.

The brokerage firm lifted its price target on AVP to $38 per share from $35 per share.

Options trading was heavy on Dell Inc. yesterday, as nearly 82,000 contracts changed hands on the shares.

Philips Electronics and the Dutch bank ABN AMRO have joined forces to develop a "Rationalizer" bracelet system that detects stress levels and displays a warning to help day-traders avoid making hasty decisions.

During the course of the session, the retailer saw roughly 2,800 calls cross the tape, nearly tripling its average daily volume of fewer than 950 contracts.

Closely watched same-store sales rose 6.4% in Europe, helped by Britain, France and Germany.

According to Thomson Reuters , the firm is slated to report its third-quarter figures before the opening bell on Tuesday, Nov.

The federal government this week charged a Lubbock businessman accused of operating a Ponzi scheme with fraud.

Monsanto said it now expects its new Genuity SmartStax corn seed to launch on more than 4 million acres in 2010, up from a range of 3 million to 4 million acres previously expected.

Call traders centered on Nordstrom, Inc. on Monday, as investors placed their bets ahead of the firm's turn in the earnings spotlight on Thursday, Nov.

Some sort of loss control should be a requirement for traders in the financial markets.