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Monthly Archives: August 2011

Stocks Up For The 3rd Day! SPX, Nasdaq, FSLR, MOS, FFIV, BIDU, SINA, NFLX, PCLN

Stocks shrugged off the lower-than-expected consumer confidence, and managed to close higher again, now for the 3rd day!  We have been taking more profits on Monday and Today.  Yesterday, we locked in some nice gains, including a +103% win on MOS weekly 70 calls: August 29, 2011 09:46 | HappyTrading FFIV ($77.90) Sold to Close [...]

Market Forecast + Sector Watch: SPX, Nasdaq, SLV, XLE, MOO, FAZ, CF, POT, AGU, MOS, MON, GS, V, MA

Last weekend, in my Market Forecast, we discussed: "For the new week, the market may need a couple of days to consolidate a bit.  The market found support at SPX 1120 on the last fall.  This time, some buyers may come in as well.  However, the momentum is still on the downside.  If SPX 1120 [...]

Weekly Wrap-Up 8/26/2011: SLV, FAZ, AMZN, AAPL, POT, RIMM, CREE

We had another fantastic week, making good trades on both sides.  The market has been volatile, but, we traded nicely with the up-and-downs.  100% of our closed trades were in the GR$$N: 07:18 | HappyTrading CREE ($28.60) Sold to Close 09P27.5 Sep 28 put, at $1.75 +4% 06:55 | HappyTrading RIMM ($29.23) Sold to Close [...]

A Quick Double On AAPL Calls! AAPL, GOOG, NFLX, AMAT, POT

Yesterday, I said that we got out of our downside trades and got into longside trades.  Today, we locked in more profits, including an overnight +113% gain on AAPL weekly 370 calls: August 24, 2011 07:56 | HappyTrading POT ($54.50) Sold to Close 09C55 Sep 55 calls, at $2.21 +26% 07:49 | HappyTrading POT ($55.14) [...]

Continue To Win On Both Sides: SPX, Nasdaq, SLV, FAZ, AMZN, AAPL, GOOG, PCLN, GMCR, BIDU, SINA, SOHU, BHP

Last week, we captured big profits on the downside, including a +500% trade on FAZ.  Yesterday and today, we cashed out on more profits on the upside, including a +124% gain on SLV calls: 09:56 | HappyTrading AMZN ($187.80) Sold to Close 0826C185 Aug 185 calls, at $5.70 +21% 09:21 | HappyTrading SLV ($41.70) Sold [...]

Market Forecast + Sector Watch: SPX, Nasdaq, USO, SLV, XLF, XME, GS, WFC, JPM, MA, V, CLF, WLT, BTU

This market has been very "interesting", to say the least!  With the market getting big swings, good trading opportunities have been on both sides.  Last weekend, in my Market Forecast, I said: "For the new week, the market is trying to draw a bottom.  We could see buying continue to start the week.  But, next [...]

Weekly Wrap-Up 8/18/2011: Quick Profits From Downside Trading GOOG, NFLX, CMG, SODA, FAZ, APA

We started out this week being very cautious.  Last Friday, we locked in partial profits on IDCC calls, a potential buyout play.  But, on Monday, GOOG announced buying MMI, instead.  We took the rest of the IDCC calls off, and, came out even on the IDCC trade.  We also got out of our longside plays [...]

500% Gain Overnight! FAZ, WYNN, APA, GOOG, PCLN, AMZN, AAPL, CMG, NFLX

Wow, what a day!  Our downside trades really paid off, including an overnight +500% gain on FAZ calls!  (I’ll go over the trades later in this article.) This past weekend, in my Market Forecast, I said, "For the new week, the market is trying to draw a bottom.  We could see buying continue to start [...]

The Selling Returns: SPX, Nasdaq, GLD, GOOG, PCLN, SODA, NFLX, DECK, LULU, DELL, BCSI

This morning, the market opened on the downside and traded in a narrow range throughout the day.  A lower-than-expected economic growth from Germany first soured the market’s mood.  Then, Germany and France proposed a tax on financial transactions, which pressured financial stocks.  Gold was up over $20, closing near $1790/ounce. Stocks were mostly red.  Techs [...]

Market Forecast + Secotr Watch: SPX, Nasdaq, GLD, SLV, XLF, FDN, MOO, AAPL, AMZN, GOOG, EBAY, PCLN, VMW, CRM, FFIV, APKT, CF, MOS, POT, AGU, MON

Last weekend, in my Market Forecast, I wrote: "For the new week, the market will start out with pressure from S&P’s downgrade of US debt from AAA to AA+.  For SPX, if 1180 does not hold, we could see 1150 tested.  Nasdaq has some support between 2450 and 2400." Indeed, the market sharp fall on [...]