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Overseas markets were up on St. Patrick's cheers, or up on continued FOMC promises of keeping rates low. Then a lower producer price index sealed in the day. We are basically back to where the markets are just not wanting to trade off. 
LM Ericsson (NASDAQ: ERIC - option chain) stock is falling today after Sony Ericsson, the joint venture between Sony (NYSE: SNE) and ERIC, forecast continued weak mobile phone handset sales. Things are so bad that they expect to ship only half the phones this quarter that they did last, but keep in mind last wuarter included the holiday season. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on ERIC.Continue reading LM Ericsson (ERIC) drops 10% on handset forecast
LM Ericsson Telephone Co. (NASDAQ: ERIC - option chain) shares are headed higher today after Verizon Wireless (NYSE: VZ) announced that it has picked ERIC and Alcatel-Lucent (NYSE: ALU) as its main suppliers for a new, high-speed wireless data network. The contracts for the new network are potentially worth billions of dollars. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on ERIC.Continue reading Ericsson (ERIC) tapped by Verizon (VZ) for new 4G network
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