sapphire on September 24th, 2010

September 2010 is set to become the best Sept in the history of wall street. However, that is not the case for CBOE’s shareholders. The 6-month old IPO is not participating in all the rallies, while never failed to participate in every correction.

It is now settling below $21, not far from its recent all-time low [...]

Continue reading about CBOE – new low at $20.25

sapphire on August 25th, 2010

CBOE record any new low at $21.25 during today’s session low.
However, buy signal emerged from the technical point of view.
Entry risk should be low at this level.

Do you own diligence before investing.

Continue reading about CBOE new low $21.25 – Aug.25 2010

sapphire on August 12th, 2010

An ugly first quarterly report, coupled with a bloody drop in general market, CBOE ’successfully’ broke down a number of psychological resistance level: $26, $25, $24, $23.

It booked a $22.38 new low since it’s debut less than 2 months ago. Is this the bottom finally? The uptick today showed a sign of life to the [...]

Continue reading about Is CBOE bottomed?

sapphire on July 24th, 2010

Beginning on Thursday, July 1, 2010 all new Weekly option series at CBOE will begin trading on Thursdays and expire the following Friday. Previously, new series were listed each Friday and expired the following Friday.
As of July 25, 2010, CBOE weekly option includes: 

CBOE WEEKLYS CLASSES: Expiring July 30, 2010
Ticker Symbol Name Product Type List Date [...]

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sapphire on July 20th, 2010

Market has a nice bounce today, but CBOE is not participating. The down trend continues and a new closing low $26.08 was registered. Volume is also low.

No signal yet on CBOE.

Continue reading about follow CBOE – CBOE new low $26.08 (July 20 2010)

sapphire on July 12th, 2010

follow CBOE – new low on July 12 2010

A recent IPO should be on your investment radar.
As the last remaining exchange stock on the block, it will be a shining star in the next year or so. It was a perfect take-over target, and it was the favorite pick by many of the analysts.
Although the [...]

Continue reading about follow CBOE – CBOE new low (July 12 2010)

sapphire on May 20th, 2010

We believe S&P will have a rally once its bottom to interim support level 1060. Even the bear market has strong rally, so this is somewhat predictable if you have cash to do some bottom fishing.

The following are some of the candidates may participate well in the rebound:
MGM – buy at MA200 level $11.40

BIDU – [...]

Continue reading about FOM power pick – Bottom-fishing on S&P rebound

sapphire on May 20th, 2010

Market watershed today.  As predicted earlier this week, market is continuing the down trend.
Next strong support at 1060:

Continue reading about S&P500 next support level at 1060

sapphire on May 17th, 2010

S&P is accelerating its drop on Monday morning. Looking at a pull-back for at least 10% from the 1200 high. So the resistance level will be 1080.

Continue reading about Market in confirmed correction