Research In Motion (RIMM) was spotted a Dark Cloud Cover reversal candlestick on Aug 22. Due to the high options premium, I only bought one contract of ITM Oct 130 Put @ $9.90. The stock was very bearish on Monday Aug 25 but went sideways for the next few trading session.
Since the trade was on [...]

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U.S. stocks rallied on Friday, but still down for the week, with sentiment boosted by falling crude oil prices and talks about Lehman Brothers may be acquired, while a speech by Ben Bernanke saying that inflation was on track to moderate in the coming months, triggering a rally in stocks on speculation the Fed will [...]

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On Friday U.S. stocks ended mostly higher, with the major indexes finishing with mixed results for the week while crude-oil futures ended lower.
On Monday the Dow Jones Industrial Average climbs nearly 100 points but fall back to finish with a weekly loss of 0.6%. The S&P 500 climbed 5.27 points to close at 1,298.19, ending [...]

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