1/26/18 Market Update

Current Positions:

$DIS: 25 shares.  Current Status: +0.56%. Plan: Sell at Target 1: $113.16.    Earnings: 6 Feb

$DNKN:  3 March 67.5 Calls.  Current Status:  +12.3%.  Plan:  Target 1:  70.82

$IWM:  2 March $157 calls.  Current Status: One call @ +25%  Target: $162.09

 

$C:  2 March $77.5 calls.  Current status:  CLOSED +18.8% Target 1: $79.64  Target 2: $81.97  Earnings: April

$MCD:  2 February $175 calls.  Current Status: CLOSED -3.2%

$WMT: 2 March $100 calls.  Current Status: 2nd contract +97.4%. CLOSED

NEW:

$AXP:  2 March $100 calls.  Current Status: -3.9%   Target 1:  $102.37  Target 2: $104.94 Target 3: 108.26

 

In addition to the above, I also cover: $SPY, $QQQ, $CAT $DE $EBAY $FCX $TSLA

Video here:

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1/23/18 Market Update

Current Positions:

$AAPL: 2 February $180 calls.  Current Status: -17.9%.  Target 1:  182.13   Target 2: 189.59  Earnings:  1 February

$DIS: 25 shares.  Current Status: +0.55%. Plan: Sell at Target 1: $113.16.    Earnings: 6 Feb

$WMT: 2 March $100 calls.  Current Status: 2nd contract +81.58% Plan:  Sell at Target 2: 108.69  Earnings:  15 Feb

$WYNN: 1 February $175 calls  Current Status: +138.5%  CLOSED

New:

$C:  2 March $77.5 calls.  Current status:  +6.7% Target 1: $79.64  Target 2: $81.97  Earnings: April

$EBAY: 2 February $38 calls.  Current status: +19.3%  Target: $40.12
Earnings:  31 January

$IWM:  2 March $157 calls.  Current Status: +27.2%  Target: $162.09

$MCD:  2 February $175 calls.  Current Status: -0.74%  Target 1:  $179.06  Target 2:  $183.31 Earnings:  30 January

 

In addition to the above, I also cover: $SPY, $QQQ, $FCX, $FB $KORS, $KO $LULU, $TSLA

Videos here (parts 1 and 2)

1/22/18 Market Update

Current Positions:

$AAPL: 2 February $180 calls.  Current Status: +2.38%.  Target 1:  182.13   Target 2: 189.59  Earnings:  1 February

$DIS: 25 shares.  Current Status: +0.55%. Plan: Sell at Target 1: $113.16.    Earnings: 6 Feb

$WMT: 2 March $100 calls.  Current Status: 2nd contract +66.5% Plan:  Sell at Target 2: 108.69  Earnings:  15 Feb

$WYNN: 1 February $175 calls  Current Status: +57.26%  Plan:  Target 1: 178.35  Target 2: 188.58.  Earnings:  1 Feb

New:

$C:  2 March $77.5 calls.  Current status:  +1.72% Target 1: $79.64  Target 2: $81.97  Earnings: April

$EBAY: 2 February $38 calls.  Current status: -19.6%  Target: $40.12
Earnings:  31 January

$IWM:  2 March $157 calls.  Current Status: +14.7%  Target: $162.09

$MCD:  2 February $175 calls.  Current Status: 0%  Target 1:  $179.06  Target 2:  $183.31 Earnings:  30 January

 

In addition to the above, I also cover: $SPY, $QQQ, $FCX, $KORS, $LULU, $TSLA

Video here

1/19/18 – Market Update

Current Positions:

$AAPL: 2 February $180 calls.  Current Status: +18.5%.  Target 1:  182.13   Target 2: 189.59  Earnings:  1 February

$DIS: 25 shares.  Current Status: +0.4%. Plan: Sell at Target 1: $113.16.    Earnings: 6 Feb

$WMT: 2 March $100 calls.  Current Status: 2nd contract +64% Plan:  Sell at Target 2: 108.69  Earnings:  15 Feb

$WYNN: 1 February $175 calls  Current Status: +17%  Plan:  Target 1: 178.35  Target 2: 188.58.  Earnings:  1 Feb

 

In addition to the above, I also cover: $SPY, $QQQ, $C, $DNKN, $EBAY, $IP, $IWM, $MCD, $MMM, $TSLA

Video here: https://youtu.be/c80SVbCb8Aw

1/18/18 Market Update

Current Positions:

$AAPL: 2 February $180 calls.  Current Status: +19%.  Target 1:  182.13   Target 2: 189.59  Earnings:  1 February

$DIS: 25 shares.  Current Status: +1.8%. Plan: Sell at Target 1: $113.16.    Earnings: 6 Feb

$HD: 2 February $195 calls.  Current Status:  Second contract status:  +49% CLOSED Plan:  Target 2: $202.27.    Earnings:  13 Feb

$JNJ: 2 February $145 calls.  Current Status:  +26% CLOSED Earnings: 23 January.

$WMT: 2 March $100 calls.  Current Status: 30%; 1 contract sold for 30% Plan:  Sell at Target 2: 108.69  Earnings:  15 Feb

 

See today’s video for details:

Market Review for Monday July 8, 2013

Good evening all!  I want to apologize for not posting on Friday and Sunday.  I was on vacation and unable to post.  Then, due to flight delays, I was unable to post on Sunday.  At any rate, I am back in business, so let’s get started.

Today was yet another doji, but we closed above the 50 MA again.  Volume was bland but oscillators and indicators support the bullish trend.  Ideally, I would really like to get above the bottom bullish trend line as well as resistance at 166.01.  For now, I am bullish on the market unless something proves otherwise.  SPY_JULY_9_2013

REVIEW OF PREVIOUS PICKS/REAL ACCOUNT:

$UA:  HOLDING (+3%)  This stock still looks bullish.  I like a target of 64.20.  I have my stop at 60.40. 

$MCD:  Never got triggered.  I still like this one bullish on a close above 100.90 with a target of 102.75

$XONE:  No trigger.  I still think this stock is way over extended and due for a big pullback.

$LULU:  CLOSED (-20%) This one was a technical mistake.  I should have used the wick from 6/12 and for some reason I ignored it.  Entering on a close below that wick would have been appropriate.  Unfortunately, that wick provided support at the stock bounced.  I like a bullish entry on a close above 66.85.

$AXP:  HOLDING (+10%)  I think this stock is strong, but I was not crazy about today’s close.  I may buy protective puts depending on the price action tomorrow.  For now my target is at 78.00 and my stop is at 75.00

$LNKD:  HOLDING (+11%) I think this stock is very strong.  I have my stop at 187.  I’m looking at targets of 194.60 and 200.00.

$TLT:  Would have been a nice trade on Friday, but today it rebounded.  You would have hit your target on Wednesday or Friday.

$AAPL:  HOLDING (-2%)  I am short AAPL back down to $400 with a stop at 417.

I am not going to be able to post picks for tomorrow due to time constraints, but I hope to be back in the swing of things tomorrow.  I think we will have another bullish day tomorrow.  I’m hoping AAPL continues its newly downward trend.  Good night all, and good luck!

Picks for July 5, 2013: $UA, $MCD, $XONE, $LULU, $AXP, $TLT, $GOOG

Happy 4th everyone!  With a half day of trading yesterday, the market has some time to “marinate” and hopefully make an indication of which direction it is going to take.  So let’s begin with some picks:

$UA:  I believe this stock is very strong.  A close above 60.96 looks to be a great long entry point.  However, if you want to be aggressive and believe we are going higher, you can enter on a 15min indication.  Indicators are pointing up, but I would ideally like to see volume increase on the bullish move.  UA_JULY_5_2013

$MCD:  It looks like we are breaking out of a short term bearish channel.  You may want to wait for a close above 100.55 or if you want to be more aggressive, you could take a 15min bullish trade.  Target is 102.75.MCD_JULY_5_2013

$XONE:  It looks like this bubble is bursting.  Notice the speed lines I drew.  The most recent line prior to yesterday’s drop is almost vertical.  I think this has a ways to drop.  My target is $53.45 or the speed line I highlighted.  Moreover, yesterday’s candle was a bullish-engulfing candle.  My stop will go above the first 15min candle.  This is definitely a 15min entry.XONE_JULY_5_2013

 

$LULU:  Bracket trade here:  I think the stronger probability is a bearish trade, but the bulls can still win out.  Bearish I like an entry of 63.80 with target of 61.60 and 59.65.  On the bullish side I like an entry of 66.85 and a target of 70.40.LULU_JULY_5_2013

 

$AXP:  What the heck, I’ll do one more since it’s a holiday.  AXP also looks like a bracket set-up.  Bearish entry is a close below 72.90 with a target of 70.45.  Bullish, I like an entry of 76.30 with a target of 78.20.AXP_JULY_5_2013

A couple of other little bonuses:

$TLT: I still like this short with a target of 107.78.  15min entry.

$GOOG:  I still like our entry of 895. with a target of 920.

Enjoy the rest of your holiday and happy trading!