RUT gave us longs 7.36% with the UWM giving out even more @ 7.73%. The NDX gave us 5% while the QLD gave out 4.78%.
If you’re new to my site, I’ve been long since Friday.
Today I trimmed back my index longs in the mutual funds (because the timing I have to trade them is only [...]

• 0 Comments

In what could have been the easiest trade to make (my funds were tied up and unsettled) RIMM takes off afterhours on what I think are great earnings. No, better than great.
BTW have you seen how CCJ, IBKR, VLO, ACI, ORCL, MRO, JRCC, AMTD, etc…since the watchlist was created?

• 0 Comments

Staying long. I didn’t panic when we broke the 200dma’s on the indexes. No. Stayed strong and held on. 4% bounce today in the RUT and about 1% in the NDX.
ORCL is on my watchlist as an earnings play so I bought some ORCL Jan 22.5 calls near the close @ .50. There was very [...]

• 0 Comments

Sold Kong @ 6.77 taking a 4% gain. If by some chance KONG closes around around 6.46 I’ll be a buyer again. If not, I might just wait till Friday. Good thing its on the list on the right hand side.
CLF, IBKR, VLO, ACI, and AMTD all green this morning.

• 0 Comments

Looks like my SNDK purchase yesterday might pop today.
Citi Investment Research reiterated “Buy” ratings on industry leader Intel Corp., Germany’s Infineon Technologies AG, communications chip maker Broadcom Corp. and flash memory maker SanDisk Corp., among others.
http://biz.yahoo.com/ap/071112/semiconductors_sector_snap.html?.v=1
I’m going to need more than the 1.73% pre-market bounce though.
AMTD is popping 5.6% pre-market and the ask is at [...]

• 0 Comments

Nothing worked today other than keeping a positive clear head and figuring out what my next trade is going to be. That is up. I’m playing the bounce and I think its going to be a big one.
I bought some AMTD calls today because I saw the E-Trade chart and know that SIC hedge funds [...]

• 0 Comments

Bought some AMTD December 20 call options.

• 0 Comments

I couldn’t get the CAB options I wanted for two reasons, 1 AMTD’s option service was down into the close and 2, I just bought some more QLD instead.
Here are the buys:
With the housing data tomorrow, I like MTH - Meritage Homes.
TXN looks like its about to pop about 3 points minimum.
Watch out for FNSR. [...]

• 0 Comments

AMTD is one stock I still hold from the monster divi it dished out in January. Today AMTD is up 7%+ on news that Ameritrade will beat second quarter EPS numbers. My system that I’m beta trading has backtested pretty well with AMTD, and it issued a buy at 20.08. Considering we’re not that far [...]

• 0 Comments