Posts Tagged ‘CREE’

Traders Take To Coronado Call Options

CNDO – Coronado Biosciences Inc. – Shares in the biopharmaceutical company that develops immunotherapy biologic agents for autoimmune diseases and cancer increased as much as 7.0% to $7.50 on Tuesday, sparking a sharp increase in options activity on the stock today. Overall options volume on Coronado Biosciences is hovering just above 5,000 contracts as of the time of this writing, roughly three times the stock’s average daily options volume of around 1,500 contracts.

Front month calls are the most actively traded contracts by volume, with traders snapping up calls across several striking prices. More than 1,450 calls changed hands at the Oct $10 strike against open interest of 735 contracts. It looks like most of the volume was purchased for a premium of $0.63 each, thus positioning buyers of the $10 calls to profit if shares in CNDO surge more than 40% over today’s high of $7.50 to exceed the average breakeven price of $10.63 by October expiration. Around 2,200 calls traded at the higher Oct $12.5 strike, exceeding open interest at that strike of 1,755 contracts. Time and sales data indicates most of the $12.5 strike calls were purchased at a premium of $0.30 apiece. The Oct $12.5 calls may be profitable at expiration should the price of the underlying jump 70% from the current level to top $12.80. 

CREE – Cree, Inc. – Shares in the maker of LED lighting products are up sharply on Tuesday, trading nearly 10% higher to $65.98 during the first hour of the session, after the stock was upgraded to ‘buy’ from ‘hold’ at Canaccord Genuity with an increased target price of $80.00 from $65.00. Goldman Sachs also reiterated its buy rating on the stock today.

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Options On Cree Light Up As Shares Sprint To The Upside

 

Today’s tickers: CREE, SNDK & JPM

CREE - Cree, Inc. – Options on the maker of energy-efficient LED lighting products are buzzing today, with overall volume rising to more than twice the average daily level for the stock during the first half of the trading session. Shares in Cree are up more than 16% on the day at $52.15 as of 11:15 a.m. in New York. The stock gapped higher on the open after the company raised its guidance for third-quarter earnings and revenue, lifting the price of the underlying to its highest level since March of 2011. Traders positioning for further upside in shares of Cree, Inc. picked up bullish options on the stock straight out of the gate this morning. Weekly calls are attracting light volume, with notable fresh interest in the Mar. 08 ’13 $52.5 strike contracts. Traders appear to be buying the short-dated contracts at an average premium of $0.19 apiece. Call volume is substantial in the April expiry options, notably in the $52.5 strike contracts where more than 6,000 calls changed hands against open interest of just 86 contracts by 11:30 a.m. ET. One or more traders appear to have purchased the bulk of the volume for an average premium of $1.25 apiece within the first 10 minutes of the opening bell today. Initiating the bullish trades at the start of the session is paying off for buyers of the April $52.5 strike calls, with premium required to purchase the contracts having more than doubled since this morning to $2.59 by 11:35 a.m. ET.

SNDK - SanDisk Corp. – Shares in SanDisk increased 2.0% to $51.43 on Tuesday morning amid strong gains in U.S. equities and a price target increase to $70.00 from $55.00 at Susquehanna. Options activity on the provider of data storage products and solutions suggests traders are prepared for shares in the name to extend gains in the near term. Volume in SNDK options is concentrated in the weekly calls as of the time of this writing, with upwards of…
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Options On Cree, Inc. Light Up Ahead Of Earnings After The Close

 

Today’s tickers: CREE, AKS & SHLD

CREE - Cree, Inc. – U.S. stocks are in rally mode today as better-than-expected economic data out of China seemed to trump concerns following the myriad of downgrades of euro-zone states announced by Standard & Poor’s at the end of last week. Shares in Cree, Inc., which reports second-quarter earnings after the bell this afternoon, joined in on the broad market rally, rising 3.5% to $23.70 by 1:00 PM in New York. A sizable put spread established in the February expiry this morning may at first glance appear to be a bearish bet on the name. However, the purchase of stock tied to the options play suggests one strategist is cautiously optimism on the maker of LED lighting products ahead of earnings. It looks like the trader purchased approximately 123,293 shares of the underlying at $23.5279, and purchased a 5,900-lot Feb. $18/$22 put spread for a net premium of $0.99 per contract. The combination of long stock and debit put spread positions the trader to make money on the upside if shares in Cree continue to rally, while also providing downside protection in the event of a pullback through February expiration.

AKS - AK Steel Holding Corp. – Shares in the steel producer are up 2.0% at $9.29 this morning, one week before the Company is scheduled to reveal its performance in the fourth quarter. AK Steel was cut to ‘Hold’ from ‘Buy’ with a revised target share price of $10.00 from $13.00 at Deutsche Bank today. Put volume on the stock jumped after one strategist initiated a sizable one-by-two ratio spread in the March expiry. The trade may represent an outright bearish look at the stock by an investor expecting limited declines in the shares…
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Blackboard Options Active

Today’s tickers: BBBB, CREE, HBI & FRX

BBBB - Blackboard, Inc. – Shares in the provider of enterprise software applications and services to the education industry jumped 34.8% to an intraday and new all-time high of $50.10 on news the company received unsolicited buyout offers. Blackboard has reportedly hired Barclays Capital as its financial advisor as it evaluates takeover bids. Buyers of May $40 strike call options on Monday saw premium on the then out-of-the-money contracts explode during the current session. It looks like investors paid an average premium of $0.40 apiece for roughly 1,200 calls at the May $40 strike yesterday afternoon. The huge run up in the price of the underlying shares, which were halted for a brief period earlier today, lifted the asking price on the calls up to $10.50 per contract as of 2:50pm in New York. Traders populating Blackboard options during the current session focused in on the May $50 strike calls. Approximately 2,500 calls changed hands at that strike today. Two-way trading traffic in the calls suggests that slightly more of the options were sold than purchased, for an average premium of $1.73 each. Blackboard is scheduled to report first-quarter earnings after the market closes on May 4, 2011.

CREE - Cree, Inc. – Bull call spreads were purchased on the maker of light emitting diode (LED) products straight out of the gate this morning ahead of Cree’s third-quarter earnings report after the final bell. Shares in the Durham, NC-based company are currently down 1.5% to stand at $40.46 as of 11:25am in New York. The stock is hovering just above its 52-week low of $40.25 set on Monday, which is less than half of Cree’s 52-week high of $82.85 recorded nearly one year ago on April 20, 2010. Traders initiating debit call spreads may…
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Monday Market Movement – Do or Dive!

Big week ahead!  

$30Bn in POMO from the Fed runs headlong into earnings reports from 15 of the 30 Dow components along with MoMo darlings like VMW (tonight), BLK (tomorrow morning), POT (Thursday morning) and AMZN (Thursday night).  I already sent out an Alert to Members this morning outlining our strategy and Stock World Weekly did it's usual amazing job of wrapping up last week's action and laying out the week ahead so I won't be too redundant here.  The key driver for the markets continues to be the dollar, which is making more sense now as it saved the Dow and the S&P last week (50% of revenues come from overseas) but not the Russell (only 10% of revs from overseas) or the Nasdaq (30%).   

The Dollar was relentlessly driven down last week, bottoming out at 78 on Friday evening, back to November lows, where they ditched the Dollar all the way down to 75.63 in early November before it broke back up and ran to 81.44 on the last day of the month.  Now we're back down 4.2% from the Thanksgiving highs for the Dollar and the Dow and S&P are up 8%, which is our usual 2:1 correlation yet Uncle Rupert's Journal would have you believe that the Dollar no longer matters and that this rally is about (please sit down, PSW cannot be responsible for any beverages you are about to spit on your keyboad) – wait for it – Fundamentals!  

According to the Journal:  In recent weeks, for example, moves in stocks and the U.S. dollar have had little connection—a breakdown of the trend during much of 2010, when they were virtual mirror images of each other. Stocks were considered risky and would rise when investors were feeling confident, while the dollar was a haven, benefiting when investors were worried.  Commodities, too, have broken away from rising and falling with risk perceptions. Now more old-fashioned concerns, like the weather, are having an impact. Corn, soybean and wheat prices jumped this month after supply estimates were cut due to dry weather in South America and floods in Australia.

Really?  So the run in DBA from 22.85 in June of last year to 31.65 (38.5%)…
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Which Way Wednesday – Topping or Popping?

SPY WEEKLY CHARTGoaaaaaaaaaaaaaaaaal!  

When we first began following the Alpha 2 TradeBot pattern on Jan 3rd (see Stock World Weekly for current chart) back on Jan 3rd, I said: "Let’s assume we get that extra 2.5% between Friday’s close and expiration day – that’s going to take us to Dow 11,850 and S&P 1,285."  Yesterday the Dow hit our 11,850 mark, 2 days ahead of schedule!  If we break higher here (and the S&P is already at 1,295 – see David Fry’s chart) then we are "off the charts" and possibly running a whole new series – which is very possible as last year the IBanks didn’t have $25Bn worth of POMO a week to feed into their machines – that has to be worth something right?  At least 10 S&P points

If, on the other hand, S&P 1,300 becomes a hard stop and the Dow can’t hold 11,850, let alone break up over 12,000 – then the second part of my prediction was that we would pull back to Dow 10,900 and S&P 1,188 – a test of the 200 day moving averages.  If we get that pullback and those levels hold, THEN we will be happy to get on the bullish bandwagon – we just want a test!  

Not, of course, that we are waiting around doing nothing.  We already had our "Secret Santa Inflation Hedges" and, at this point, you either have them or you shouldn’t even look as they are up well over 200% already and the market is "only" up 2.5% since then.  We were waiting patiently for Russell 800 to confirm our Breakout 2 levels and we not only got that but we got several nice tests since then so we’ll have to put that one in the "win" column as well for the bulls.  

While I don’t like chasing the MoMo stocks higher, AAPL and IBM show us that there are some solid fundamentals underlying the big boys and I mentioned in the Morning Post of the 6th that I did like CSCO ($20.77 at the time) and GLW ($18.98 that day) as solid, go-forward positions.  Even without our option plays, they are both up nicely in less than two weeks – certainly a higher percentage (5% for GLW, 2.5% for CSCO) than AMZN, which is up $3.50 (1.8%) or NFLX, which is up $6 (3.2%), who I cautioned…
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Strangle Strategist Sees Range-Bound Shares at The Cheesecake Factory

Today’s tickers: CAKE, LVS, IYR, TEVA, EEM, S, CREE & EXPE

CAKE – The Cheesecake Factory, Inc. – One premium-hungry options strategist sold a strangle on the full-service dining restaurants operator this afternoon in the expectation that its shares are set to trade within a narrow range through October expiration. Cheesecake Factory’s shares fell 1.45% late in the session to trade at $25.38 by 3:35 pm ET. The investor sold 3,000 puts at the October $25 strike for premium of $1.05 apiece and sold 3,000 calls at the October $26 strike at a premium of $1.05 each in order to pocket gross premium of $2.10 per contract. Full retention of the premium received today occurs as long as shares of the underlying stock trade between $25.00 and $26.00 through October expiration. Wayward shifts in the price of CAKE’s shares could give this strangle-player a severe stomachache as losses start to build should shares rally above the upper breakeven price of $28.10, or if shares dip under the lower breakeven point at $22.90, ahead of expiration day in October.

LVS – Las Vegas Sands Corp. – Shares in casino resort operator Las Vegas Sands commenced the session in the red but rallied in afternoon trading to stand 1.05% higher on the day at $31.32 as of 3:45 pm ET. Earlier in the day shares increased as much as 1.5% to secure a new 52-week high of $31.46. One long-term bullish investor hoping to see continued appreciation in the price of the underlying stock established a covered call in the March 2011 contract. The trader sold 10,000 calls at the March 2011 $40 strike for premium of $1.73 per contract. The transaction had a delta of .30 and was tied to the purchase of LVS shares at $31.20 each. Premium received on the sale of the calls effectively reduces the price paid by the investor to get long the stock. The bullish player is poised to accumulate maximum potential gains of 35.7% on the run up in LVS shares from an effective purchase price of $29.47 to $40.00 if the calls land in-the-money at expiration and the underlying position is called away from the trader at that time.

IYR – iShares Dow Jones U.S. Real Estate Index ETF – The construction of a debit put spread on the IYR, an exchange-traded fund that corresponds to the Dow Jones U.S. Real Estate Index…
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Rumor Mill Generates Options Feeding Frenzy on U.S. Steel Corp.

Today’s tickers: X, BBY, AEO & CREE

X – United States Steel Corp. – Unconfirmed rumors that ArcelorMittal may be interested in buying U.S. Steel at $80.00 per share inspired an all-out options feeding frenzy on the Pittsburgh, PA-based steel producer. U.S. Steel’s shares rallied as much as 6.7% in the first half of the trading session to reach an intraday high of $50.50 as of 11:50 am ET. The churning of the rumor mill, increased demand for the steel maker’s options and the significant move in the price of the underlying stock lifted the overall reading of options implied volatility on U.S. Steel 20.1% to 55.54% just before noon in New York trading. Call options on the stock are the clear favorite today and are changing hands 3.6 times for each single put option in play with investors exchanging nearly 200,000 contracts on U.S. Steel by 12:15 pm ET. Investors initiating bullish stances purchased in- and out-of-the-money call options and sold out-of-the-money puts. The August $50 strike, which currently has volume of 21,200 calls, is the most popular as of early afternoon. At least 9,800 of those call options were purchased for an average premium of $0.82 per contract. Traders positioning for U.S. Steel’s shares to continue higher ahead of Friday’s expiration picked up at least 4,300 calls at the August $55 strike for an average premium of $0.46 each. Another 3,500 calls were coveted at the August $60 strike, while some 3,000 call options were purchased at the August $65 strike price. Investors may or may not intend to hold these positions overnight. It will be interesting to see, by examining changes in open interest at these strikes tomorrow, whether traders are buying into the rumors rather than initiating intraday transactions to take advantage of the feeding frenzy while it lasts. Options traders holding the August $50 strike calls may profit if U.S. Steel’s shares rally above the average breakeven price of $50.82 ahead of expiration in a couple of days. Finally, September $55 strike calls were the hot-ticket item in that expiry. As of 12:30 pm ET, more than 11,700 calls changed hands at that strike, with at least 4,500 of those contracts purchased by investors at an average premium of $1.37 each. Traders long the calls make money if the price of the underlying stock jumps 11.6% over today’s high of $50.50 to surpass the average…
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Things We Lost In The Fire

Things We Lost In The Fire

Courtesy of Joshua M. Brown, The Reformed Broker 

MOSCOW, RUSSIA. JUNE 7, 2010. Salesmen await fire fighters as Kuntsevo-2 construction marketplace in Moscow is ablaze. (Photo ITAR-TASS / Dmitry Machin) Photo via Newscom

Over the last month, US markets have been burned to a crisp.  Blame it on Europe, blame it on a softening of our own recovery data, blame it on the end of earnings season, blame it on the end of quantitative easing, blame it on the Gulf spill, blame it on the engineered cool-off in China.

Is it too soon to eulogize the March 2009 – April 2010 bull market, a 78% performer that even the most bullish never really believed in the entire way up?  Depends on which support lines and moving averages you happen to be fixated on at the moment.

But it is certainly not too early to lament the Things We Lost In The Fire - the idiosyncrasies of the Impossible Rally that we may have lost for good.  These include:

Apple as the Michael Jordan of the NASDSAQ- Steve Jobs had us from hello, we clamored around the television for each product release and conference, and Mr. Jobs did not disappoint.  Nor did Apple stock, which seemed to go up 3 to 5 points a day for what seemed like an endless stretch of time.  It was a reminder to stockpickers everywhere that ETFs didn’t control everything- that you could get one right on research.  The release of the iPad and the move toward shattering the $300 per share mark epitomized the release of our pent-up optimism and will always be remembered as a special time in market history.

Cree Research, Green Mountain Coffee and Baidu- The hottest of hot…
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Weak Weekly Wrap-Up – Charting Uncertain Waters

I’m just doing a quick wrap-up this week because, surprisingly, it MIGHT be time for a new Buy List!

I had said to Members on Cinco de Mayo, in our 5% Rule Review, that if we broke below 1,155 we would retrace all the way to 1,100 with our 5% Rule resistance points around 1,100 at 1,155, 1,114, 1,100, 1,073 and 1,045.   We actually spiked as low as 1,066 on Thursday but finished the week at a very sad 1,110 as we watched for that "weak bounce" zone to be broken all day.  This does not bode technically well for the markets next week but I told Members we would have to give the markets a pass for the day.  Based on the uncertainty of the weekend, we can’t expect a lot of capital commitments ahead of the EU decision.  After all, we’re in cash – why shouldn’t other smart funds be too?

When I predicted we’d hit 1,000 on Wednesday, I did not think it would be on Thursday!  The markets are now negative for the year and the S&P has spiked almost to the Feb low of 1,044 (and our lowest close was 1,056).  That’s right, these 5% Rule numbers are the SAME ones we used back then and it’s the same series we used to measure our winter run at the end of last year.  We expect a bounce here, hopefully at least a test of 1,155 on a relief rally if Greece is "fixed" yet again on Monday but we’re not going to be too impressed until we’re over that line. 

Still that means it’s time to at least lay out a new Watch List, which is the prelude to a Buy List – giving us a list of stocks we’d like to get into at lower prices.  Our last Member Watch List was back in December and by Feb 6th we had our famous Buy List, which we triggered at Dow 10,058 for a very successful run through March 18th ("Bye Bye Buy List!"), when we closed 2/3 of the positions and we have since cashed out the rest as I got more and more worried about the rally, finally calling for all cash last week.  

Speaking of last week, for those of you who say I don’t pick enough straight stocks – I listed 33 short trade ideas from my unofficial "Sell Listlast Friday (4/30) when the Dow was way up at 11,167…
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Phil's Favorites

Carillion Q&A: The consequences of collapse and what the government should do next

 

Carillion Q&A: The consequences of collapse and what the government should do next

Courtesy of John Colley, Warwick Business School, University of Warwick

Construction giant Carillion has gone into liquidation. The UK’s second-largest construction firm was one of the government’s biggest contractors, involved in huge infrastructure projects like the HS2 rail link and the Royal Liverpool University Hospital. It also provides services across the public sector such as running libraries, schools and prisons. Here’s what you need to know about Carillion’s collapse.

Why did the government keep placing...



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ValueWalk

Nebraska Furniture Mart in the 1980s

By The Acquirer's Multiple. Originally published at ValueWalk.

little gem of a 1980s NBC News story about Rose Blumkin, better known to folks in Omaha as “Mrs. B.”. Rose Blumkin apparently was a fixture in Omaha, and ran a HUGE furniture store in Nebraska. Please don’t confuse Mrs. Blumkin with that dirty word “BLUMPKIN”. That’s not nice.

]]> Get The Full Warren Buffett Series in PDF

Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

The post Nebraska Furniture Mart in the 1980s appeared first on ...



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Zero Hedge

North And South Korea Agree To Form Joint Team, Will March Together At Olympic Opening Ceremony

 

North And South Korea Agree To Form Joint Team, Will March Together At Olympic Opening Ceremony

Courtesy of Zero Hedge

In a decision that Yonhap called an "unprecedented breakthrough", North and South Korea have agreed to form their first joint Olympic team and will march together under a unified flag during the opening ceremony. The two Koreas agreed to form a joint women's ice hockey team to take part in the Winter Olympics to be held February 9-25 in Pyeongchang, the two ...



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Digital Currencies

What if the price of Bitcoin is the least interesting thing about it?

 

What if the price of Bitcoin is the least interesting thing about it?

Courtesy of 

Over the summer, I reviewed Steven Johnson’s book about innovation, called The Invention of Air. Johnson shows us how a simple insight by one of the least technically gifted scientists in history led to a massive chain reaction of human understanding about the world we live in and how it truly works.

If you missed my synopsis, it’s here.

...



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Insider Scoop

5 Biggest Price Target Changes For Wednesday

Courtesy of Benzinga.

  • Goldman Sachs raised Groupon Inc (NASDAQ: GRPN) price target from $4.70 to $5.40. Groupon shares closed at $5.03 on Tuesday.
  • Barclays boosted the price target for Pure Storage Inc (NYSE: PSTG) from $19 to $22. Pure Storage shares closed at $16.16 on Tuesday.
  • Stifel increased the price target for Deere & Company (NYSE: DE) from $161 to $184. Deere shares closed at $167.54 on Tuesday.
  • Mizuho raised the price target on QUALCOMM, Inc. (NASDAQ: ...


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Chart School

Weekly Market Recap Jan 14, 2017

Courtesy of Blain.

After 3 days of mild “rest” – and the first down day of the year (!!) for the S&P 500, bulls came back with bells on Thursday and Friday, driving indexes to record highs yet again.  This is starting to get “parabolic”… some shades of the type of things we saw in 1999.  (See the S&P 500 and NASDAQ charts below)  The S&P 500 gained 1.6% and the NASDAQ 1.7% for the week.

“This reminds me of January 2000,” said Kent Engelke, chief economic strategist, at Capitol Securities Management, which manages $4 billion in assets, referring to the nearly unceasing climb to records for stocks and the unease it can inspire.  “It’s scary, the unrelenting advance,” he added.

“The move isn’t about fundamentals...



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Biotech

How Alzheimer's disease spreads throughout the brain - new study

Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.

 

How Alzheimer's disease spreads throughout the brain – new study

Courtesy of Thomas E CopeUniversity of Cambridge

Harmful tau protein spreads through networks. Author provided

Alzheimer’s disease is a devastating brain illness that affects an estimated 47m people worldwide. It is the most common cause of dementia in the Western world. Despite this, there are currently no treatments that are effective in curing Alzheimer’s disease or preventing its relentless progressio...



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Mapping The Market

Trump Admin Bans CDC From Using Words Like 'Science-Based,' 'Diversity'

By Jean-Luc

These are the policies of a theocracy, not a modern democracy:

Trump Admin Bans CDC From Using Words Like ‘Science-Based,’ ‘Diversity’

The Trump administration has prohibited the Centers for Disease Control and Prevention (CDC) from using words like “science-based,” “diversity,” and “transgender” in their official documents for next year’s budget, according to the Washington Post.

Senior CDC budget leader Alison Kelly met with the agency’s policy analysts on Thursday to announce ...



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Members' Corner

An Interview with David Brin

Our guest David Brin is an astrophysicist, technology consultant, and best-selling author who speaks, writes, and advises on a range of topics including national defense, creativity, and space exploration. He is also a well-known and influential futurist (one of four “World's Best Futurists,” according to The Urban Developer), and it is his ideas on the future, specifically the future of civilization, that I hope to learn about here.   

Ilene: David, you base many of your predictions of the future on a theory of historica...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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