ADSK has broken above resistance. The 20SMA recently crossed above the 50SMA about a week before the price break out. Keep an eye on this Monday morning. This could be worth entering with a stop below the new support of 44.50.
This is an idea that we heard about today. The structure involves selling an Iron Condor and then hedging risk using a Put Calendar. An Iron Condor is a neutral strategy where you write and sell option contracts to a buyer. Meaning you are betting that the stock will stay between two points until […]
Today we have a purely speculative idea based on past history. Since Sony foolishly decided to litigate their customer base for modifying their own hardware they are now in the crosshairs of Anonymous. Shortly after Anonymous turned their attention to Bank of America, there was a market pull back. Now that Anonymous has turned their […]