OptionsHouse

Options Trading News

January 14, 2013  Mon 7:33 AM CT

AAPL: SEE CHART GET CHAIN FIND STRATEGIES

Orders for Parts Reduced Last Month

The Wall Street Journal reported that Apple cut orders for components used in the iPhone 5 because of weak demand. That has AAPL lower by 2 percent before the bell on my tradeMONSTER platform. iPhone suppliers Cirrus Logic dropped 4 percent and Skyworks Solutions is down about 3 percent.

Verint, Nice Climb on Merger Report

Verint is in talks to be acquired by Israel's Nice Systems, according to a news report. VRNT rose 11 percent on the news and NICE is up by more than 7 percent.

Goldman Downgrades American Express

American Express was downgraded to "neutral" from "buy" at Goldman Sachs, which sees little chance of earnings guidance being raised. The price target remained at $65. AXP fell 1 percent on the news.

Francesca's Issues Bullish Guidance

Francesca's Holdings forecast fourth-quarter earnings of $0.29 to $0.30 a share, while analysts only expected $0.28. FRAN is up 8 percent before the bell.

Share this article with your friends


Related Stories

AAPL

Cramer: China moves may work

July 13, 2015

China screwed up with its stock market, but it's been wrong to underestimate the power of the PRC to keep growth going to maintain civil order.

Invest Like a Monster - San Antonio: October 9-10

Premium Services

Archived Webinar

Education & Strategy

Options Academy: At the Break

So far, my articles have taken you through a logical progression of option theory and fundamental concepts of options. As of yet, I have not mentioned a single strategy and for a good reason! The actual application of a strategy should come AFTER you learn about the option product itself.

View more education articles »