Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Two Ways To Play: Yahoo Loads New Page


Strengthen your portfolio in good times and bad.

Yahoo May Reshuffle

The Wall Street Journal reports Yahoo (YHOO) is planning a reorganization after successfully fending off a takeover attempt by Microsoft (MSFT).

Yahoo president Susan Decker is pushing a plan to centralize its product groups, such as its mail, search and home-page divisions into a global-product organization in part of Decker's effort to improve communication between the product teams and overseas-sales groups. Details could be announced as soon as next week.

Todd mentioned Yahoo in yesterday's Toddo on TV:

From the Bull Pen: Toddo mentioned Yahoo could get interesting as a long play should the stock fall to its pre-Microsoft level to $19. If and when.

From the Bear Cave: Tech bears can still consider Google (GOOG) for a downside play. Buy-stops can be set above its 200-DMA ($575).

Oil Rising on Middle East Tensions

Crude oil is rising this morning due in part to tensions in the Middle East. According to the New York Times, military exercises carried out by Israel have some believing the country could be preparing itself for a potential attack on Iran's nuclear facilities. Over a hundred Israeli F-16 and F-15 fighter jets participated in maneuvers over the eastern Mediterranean and over Greece during the first week of June. Helicopter and refueling tankers flew over 900 miles which is also the same distance between Israel and Iran.
See Professor Jeff Macke's thoughts on oil in yesterday's Bear Stearns Arrests Have Little Effect.

From the Bull Pen: Those believing high oil prices are likely to continue can play the oil ETF (USO); sell-stops may be place below the 50 DMA ($100.50).

From the Bear Cave: Bears believing oil prices will eventually correct can play the inverse oil & gas ETF (DUG) which tracks twice the inverse of the D.J. U.S. oil and gas index. Entry near the $25-26 range could be an option.

For more ideas in real time throughout the trading day, check out Minyanville's Buzz & Banter.

Quick Check Around the World

Asian trading closed with the Hang Seng 0.23%, Nikkei -1.33%, Sensex -3.42%, Taiwan -1.81% and Shanghai +3.01%.

Quickly glancing towards Europe, we see the CAC -0.94%, DAX -1.37%, FTSE -0.87%

As of 8:00 AM EST, S&P futures are lower -8.3 points to 1333, and Nasdaq Futures are down -12.25 points to 1978.

A Look At Commodities

Commodities are mostly higher. Crude oil is up +2.34 to 134.28. Gold is higher +1.40 to 903.10. Silver is trading up +0.060 to 17.530, and copper is up +3.20 to 377.75.

The dollar index is down -0.459 to 73.033.

On the Radar

No economic events on the radar today but it is Quadruple Witching day.

Happy Friday! Good luck!
< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos