VISA Trade Update
Source: http://feeds.feedburner.com/~r/StocksOptionsBlog/~3/351577209/Posted on Thursday, July 31st, 2008 | In Market Commentary, Stocks to Watch
Contributed by: Daniel Shepard (http://www.navivest.com/blog) -
VISA (V) reported great earnings last night, and the stock was up in after hours trading. However, Mastercard (MA) came out with earnings this morning that are disppointing Wall Street and the tumble in those shares are dragging VISA (V) down as well. As a result, the stock is currently trading down three points.
We did set up the trade so that we make money regardless of the direction the stock moves in, however, we would like to see a drop of 4 points or more, so hold on to the positions.
mastercard
VISA
VISA earnings
mastercard earningsLast 5 posts by Daniel Shepard
- Trade Recommendation For 10/15/09 - October 14th, 2009
- The Technical Trader – Coca-Cola FEMSA - October 14th, 2009
- Cisco To Acquire Starent - October 13th, 2009
- Stock Market Report – 10/13/09 - October 13th, 2009
- Stock Market Report – 10/13/09 - October 13th, 2009
 About Daniel Shepard (http://www.navivest.com/blog)
Daniel Shepard is an Equity Analyst with Navivest, a stocks and options trading advisory services company that provides trading ideas on a subscription basis. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.