[FP Trade Alert] Consider AbbVie…

Shares of AbbVie (ABBV) plummeted the other day after the FDA warned that the company’s hepatitis C treatments – Viekira Pak and Technivie – could cause serious injury to the liver mostly in patients with underlying advanced liver disease. In the warning, the FDA...

[RRS Trade Alert] Shorting Weight Watchers

I think it’s great that Oprah Winfrey took a 10% stake in Weight Watchers… The company – 75% off its highs – needed the news. But it’ll take more than the Oprah Effect to keep this stock moving higher. Poor sales, increased competition, and new weight tools could...

[RRS Trade Alert] Shorting Coke…

Historically, we’ve done quite well with Coke… Using nothing more than Bollinger Bands, RSI, MACD, W%R, MFI and candlesticks, we’re able to predict pivots off oversold and overbought conditions up to 85% of the time. Nowadays, as Coke over-extends to $42 a share, our...

[FP Trade Alert] Consider Amicus…

In recent weeks, shares of Amicus Therapeutics (FOLD) plunged from $15 to $6 on news the FDA is asked for more information on its treatment for Fabry disease, an inherited disorder stemming from a buildup of a fat in the body called globotriaosylceramide. It means...

[RRS Trade Alert] Exit Aflac Trades…

As Aflac becomes technically over-extended, its time to book gains… On September 10, we recommended a buy on the stock [$57.10 entry], the January 57.50 call [$2.90 entry] and the January 60 call [$1.85 entry]. At the moment, the stock trades at $60.83. That gives us...

[FP Trade Alert] Exit InterOil Trades…

Since recommending the InterOil (IOC) stock and November 35 calls at $35 and $4.45, respectively, the stock has moved to just under $39 a share. That gives us an 11% gain on the stock, and a 24% gain on the calls, which now trades with a bid-ask of $5.25 x $6.35....

[Trade Alert] DuPont Overbought…

Over the last few days, shares of DuPont (DD) have popped about 15% on news of the CEO departure. But unless there’s a significant change – and upside – in the commodities sector, I see very little to get excited about with this stock. Plus, the company just cut is...