Archive for: May 2009

I charted Foster Wheeler AG (FWLT) on Friday, May 29, 2009 before 2:00 pm when it was trading at $26.54.  FWLT is considered a midcap growth company and is in the Industrial Goods sector.

FWLT has been running in a very stable …

I charted the past six months of weekly price movement for the SPDR Gold Trust (GLD) before the markets opened on May 22, 2009.  It closed at $93.85 on the 21st. 

GLD moved above its 10 and 20 week moving averages …

I charted RSP on 5/19/09 after it closed for the day at $30.75. 

RSP broke below two recent trend lines of higher lows, but regained its footing
RSP fell below its 10 and 20 day moving averages, but also regained its footing …

I charted NDAQ at 11:15 am on May 13, 2009 while it was trading at $17.99.  I sold NDAQ naked puts yesterday at the June 17.50 strike.

NDAQ hit its lower trend line of higher …

I charted the Dow Jones Industrial tracking ETF after markets closed on May 12, 2009 when it closed at $84.72.  I have May 82 DIA calls that are in the money and about to …

Rydex S&P Equal Weight (NYSE Arca: RSP) is an ETF that attempts to track the performance of the S&P Equal Weight index.  This is different than the S&P 500 index (tracked in the ETF SPY, among others) that gives stocks with higher market …

I drew the following chart of Schlumberger Ltd (NYSE: SLB) around 1:00 pm on May 5, 2009.  Disclosure: I sold an option strangle on SLB yesterday.

SLB is trading near the high end of the …