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March 20, 2013  Wed 7:33 AM CT

APC: SEE CHART GET CHAIN FIND STRATEGIES
High Quality Find in Shenandoah Basis

Anadarko Petroleum announced the discovery of a major oil deposit at its Shenandoah-2 well deep in the Gulf of Mexico, "of much higher quality" than earlier finds. APC rose 3 percent before the bell on my tradeMONSTER platform. Cobalt Energy, which owns one-fifth of the field, rallied 8 percent.

Adobe Climbs on Strong Results

Adobe Systems reported first-quarter profit of $0.35 a share, on revenue of $1.10 billion. Analysts had only expected $0.31 and $986 million, respectively. ADBE gains 5.5 percent in the premarket.

FedEx Profits Under Pressure

FedEx earned $1.23 a share, missing the $1.38 average analyst estimate. Revenue beat expectations, but the bottom-line guidance was weak as well. Profit is expected to be no more than $2.10 in the current quarter, while the Street is looking for $2.13. FDX drops 4 percent in the premarket.
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Options Academy: Ron's Risk Calculation--A Real Life Example

It is rare that I get a chance to give a real-life, real-time example in my articles that the readers were not only following but were actually involved in at the time the event is happening. Well, that is where we are right now in our QQQ trade from last week. Let's recap the trade itself.

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