One has to wonder if it’s really up from here? I was tempted to blow out my position [[AAPL]] at the open, but held for some odd reason. I don’t plan to do any buying until I can sense a direction. At this point it’s anyones game.
Comments »Option Strangle
[youtube:http://www.youtube.com/watch?v=ZWLalc5Eq6s 450 300]Strangle: An options strategy where the investor holds a position in both a call and put with different strike prices but with the same maturity and underlying asset. This option strategy is profitable only if there are large movements in the price of the underlying asset.
The trade is [[SOHU]]
Comments »Earnings
Tuesday:
- CSX Corporation CSX
- Intel Corporation INTC
- JB Hunt Transportation JBHT
- Johnson & Johnson JNJ
- State Street Corporation STT
- U.S. Bancorp USB
- VF Corporation VFC
Wednesday:
- eBay EBAY
- First Midwest Bancorp FMBI
- Hoku Scientific, Inc. HOKU
- Lufkin Industries LUFK
- Piper Jaffray PJC
- Wells Fargo & Company WFC
- Yum! Brands, Inc. YUM
Thursday:
- Advanced Micro Devices AMD
- Capital One Financial Corp. COF
- Evergreen Solar, Inc. ESLR
- Gilead Sciences GILD
- Google GOOG
- Harley-Davidson HOG
- JPMorgan Chase & Co. JPM
- Merrill Lynch MER
- Microsoft MSFT
- New Oriental Education & Technology Group EDU
- Nokia NOK
- Nucor NUE
- Reliance Steel RS
- SunPower Corporation SPWR
- TD Ameritrade Holding Corp. AMTD
- The Coca-Cola Company KO
- Valmont VMI
- Zions Bancorp ZION
Friday:
Monday: 7/24
- Apple Inc. AAPL
- Bank of America Corporation BAC
- SanDisk Corp. SNDK
- Steel Dynamics STLD
- Texas Instruments TXN
- Weatherford International WFT
AAPL: Bought @ 172.79
[[AAPL]]
Comments »Incredible
I’m sitting here asking myself why I am not short financials? I’ve made a little money trading [[SKF]] & [[LEH]] in the past, but to miss this move from the beginning of the year is crazy.
At what point do these banks become a buy? I don’t want to predict a bottom in financials, but one has to wonder if [[BAC]] is a buy of a lifetime.
Enough about the financials, will you look at [[CELG]] the strength cannot be ignored. I also like [[AAPL]] right here, right now.
I will be out all day, please feel free to use my page to comment on stocks on the move.
See you guys this weekend.
Top Pick: [[GOOG]] earnings next week
Comments »CHL: Position Update
I’m still short this name thanks to Fly, and may add to the position right here.
Take a look:
