Current Watch List
MDR - McDermott Intl
McDermott International, Inc. (MII) is the parent company of the McDermott group of companies, which includes J. Ray McDermott, S.A. and its consolidated subsidiaries; McDermott Incorporated (MI) and its consolidated subsidiaries; Babcock & Wilcox Investment Company (BWICO), a subsidiary of MI; BWX Technologies, Inc., a subsidiary of BWICO, and its consolidated subsidiaries, and The Babcock & Wilcox Company, a subsidiary of BWICO, and its consolidated subsidiaries. Through these subsidiaries, MII operates as a global energy services company with three business segments.
Breakdown target $43
Buy 2009 $50 LEAP OYZ-AJ
HPQ - Hewlett Packard
Hewlett-Packard Company (HP) is a provider of products, technologies, solutions and services to individual consumers, small and medium-sized businesses and large enterprises. Its offerings span enterprise storage and servers; multi-vendor services, including technology support and maintenance; consulting and integration, and managed services; personal computing and other access devices, and imaging and printing-related products and services. During the fiscal year ended October 31, 2005, HP's operations were organized into seven business segments: Enterprise Storage and Servers, HP Services, Software, the Personal Systems Group, the Imaging and Printing Group, HP Financial Services and Corporate Investments.
Breakout trigger: removed ** Changed **
Buy 2009 $40 LEAP Call VHP-AH ** Changed **
FXI - FTSE/Xinhua China 25 Index Fund
The iShares FTSE/Xinhua China 25 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/Xinhua China 25 Index.
Component list: http://tinyurl.com/y9fv6a
This iShare focuses on the largest companies in China (58% of it positions) and Hong Kong (42%). These are the most liquid companies in these markets. With Asia growing by leaps and bounds the FXI generated a +40% return in 2005 without using options. We hope to do better using LEAPs.
Breakout target: $94.50
2009 $100 LEAP