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Although Covello’s upgrade of INTC seems impersonal as a result of a broad semiconductor upgrade, I’m adamant of the belief that INTC’s current share price of 18.30 has baked all the bad news (including a potential warning call for the second quarter earnings). The stock trades at a...

The close on last Friday of 18.32 (INTC) closed above the 20EMA channel-- which is quite important. Far more critical, is the breach of the 18.36 resistance made on May 19, 2006. If we breach through that level, then 18.75 shall be the next wall. On 6/13 and 6/14, the high volume was impressive...

Less than six years after the worst bear market in many investors' memories, people were eagerly dabbling in some of the world's riskiest markets (India, China, South America) in a craze fueled by hopes of recouping money lost when the technology bubble burst. Many of those sufferers are now in...

Since June 2003, Oracle has purchased close to 20 software companies ( PeopleSoft, Oblix, Retek, TripleHop, Times Ten, ProfitLogic, Context Media, i-flex, G-Log, Innobase, Thor Technologies, OctetString, TempoSoft, 360Commerce, Seibel Systems, SleepyCat, HotSip, Portal Software, and Demantra)...

The book-to-bill ratio in regard to chip-tool orders reported in May was 1.12, suggesting that the market is expanding. Anything above 1.0 is highly regarded. This marks the 4th consecutive month where the ratio stood above 1.0 This simply means that chip-tool companies received $112 in orders...

Bought back 100 June 65.00 calls at .05 and wrote the July 60.00 at 6.30

Originally Posted by Jack Haddad 5/26/06, 1245PM Decided to go with HOV instead. Snatched 3 blocks at 32.90 and wrote 300 June 30 calls for 3.40 in hope that my shares will get called away. I'll take .50/contract for a return. Bought back 300 June 30.00 calls at .05, and wrote the July...

Originally Posted by Jack Haddad, 5/31/06, 11:22AM Purchased 2 blocks of at 33.12, and wrote 200 June 32.50 calls at 1.45 Bought back 200 June 32.50 calls at .05 and wrote 200 July 32.50 at .80/contract.

Quote: 6/02/06, 12:13PM Originally Posted by Jack Haddad Wrote 100 June 30.00 calls at 1.55/contract to hedge against my shares which I nought earlier at 30.61 Bought back 100 June 30.00 calls at .05 and wrote 100 July 27.50 calls at .95/contract

Bought back 500 June 57.50 calls (AAPL) at .45/contract, and wrote 500 july 55.00 calls at 5.00

I remain convinced that were in a bear market rally. I estimate that the Dow at 11,000 is a major wall of resistance, and the S&P 500 would be 1240-1255. Also, financial stocks are in a major trouble. Take a look at the 3-month chart of C, BAC, PNC, WB, JPM, STI, and CBH. Theyre a screaming...

ADBE lower estimes or 2006 profit and revenue on weaker demand for its content-creation products. The stock is a strong sell fundamentally and will retest lower lows and breach the 52 week. It's unfortunate that one cannot short in after-hours trading.

Yesterday, the company (INTC) bought 560k shares betwen 17.33 to 17.50 pre-trading hours; that explains the heavy volume of 111 million. I'm not thrilled about INTC's behavior to support a bullish trend. Today's upside is particularly questionable on below average volume.

I and many of my fellow colleague managers are advising clients to sell this rally. Technicals at this time remain uncertain due to very oversold conditions. The downtrend on the Dow which began as a result of Dow breaching 10078 is till intact. I'm not regarding today's upside as a reversal in...

Quote: Originally Posted by Jack Haddad, 5/31/06 1045AM Bought 3 blocks at 31.57, and wrote 300 calls at 2.00 ----------------------------------------------------------------------------------- Bought back 300 June 30.00 calls at .40 and wrote the July 30.00 for 1.65

Today's strength (TOL) is challenging the monthly resistance of 26.90 to 27.10. Though outer bar reversals are quite evident, the stock is severely oversold on a technical basis ad undervalued fundamentally. The entire sector trades at a discount of 7 times 2006 earnings. The trim im...

Yesterday's close abov 17.70 was favorable. Had it closed below the opening of 17.57, then matters could have been problematic for the stock. Nevertheles, a revesit to th lows is in the cards. 2nd quarter earnings ae not very promising.

Sohrted 2 blosk of INTC at 17.74

Covered at 17.64

Shorted 2 blocks of INTC at 17.74