Being long. I called it yesterday in the comments of this post. I bought the dip yesterday nicely. I bought the ndx in my 2x funds, the qld which is 2x, CSCO calls, and QQQQ calls were all profitable. 8% in the NDX today for 2x funds. I’ve never seen a closing move that large [...]

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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 [...]

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Being long the indexes. Nailed close to 3% today. Overall today was a big day.
CEDC - I loaded up on call options yesterday and the day before. I sold today with nice gains, however, eventually CEDC got to my target price and then went even higher. CEDC closed up over 5% and went as high [...]

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UA - I wish I saw that they were reporting tomorrow. I would have tried to play this. Signaling a buy. Pete Najarian mentioned tonight that the options were pricing in a move of 10% either way. There was no directional bias. However, the charts look like they are pointing to higher prices. 10% upside [...]

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In my trading account, I sold my MSQKL call options that I bought at .16 for 1.3 this morning. Thats an overnight gain of 712%.
I also sold my MSFT position in my trading account for a 15% gain. I still will hold MSFT in the other accounts longer term.

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Buying long this morning. The profit was minimal by the time the close rolled around, but profit is profit.  I added to those index longs at the close and it looks like its going to be a good trade based on the way INTC and YHOO are trading afterhours.
My SMH call options are probably going [...]

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I bought call options in SMH today because I think the SMH might pop next week yielding some short term profit.
1. The charts.

Now the weekly SMH chart:

If we get back to the $40 highs I’ll be ecstatic, but I’m only looking for a $1 move higher for right now.
2. I noticed some decent buying in [...]

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Many things worked today, except the QQQQ put trade, but at the same time we did get that EOD jam up I was worried about. So that in a sense was a good move getting out intraday.
NMX - I put in this order early in the morning and forgot it was still there. The reason [...]

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Not being short. I sold my index fund shorts yesterday at the close. That saved me another 1%+ loss.
The stocks are absolutely ripping. I don’t normally post these type of graphs, but it was a good day.

This portfolio is up over 10%. SVA is up 37% in this basket and 40% up in another.
NDAQ - [...]

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Being long. The index funds churned out about 1% today. I’m still there.
HSKA - Bounced a little bit today.
What Didn’t Work Today
My home builder lottery option trades are slowing going down the tubes…
MDT call options are also dwindling. I’m considering sucking it up and taking the loss there which stands at 60%.
What Will Hopefully Work [...]

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Overall I’m in cash in my index funds and long a few stock plays.
HSKA- Still up, but it took a beating today knocking my profit down from 21% to 6.5%
PAE - Got into this one today at 2.44 and after hours its up to 2.68 on a good earnings number. A quick 9.8%.
WZEN - I [...]

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Being long. Yeh it feels good when you are fully invested and the market roars to new highs. It was a huge day and I’m happy I was on the right side.  The index funds did 3.9-4% gains today.
NDX call options - Took a 60% gain selling out at 20. “I notoriously sell early so [...]

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Bought more July 47  QQQQ call options. This buy is to hedge the 11% loss in yesterdays buy. I expect a move up, maybe to 46.8. Doubled up my position this buy at .87.
Symbol QQQGU

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I picked up some July 47 QQQQ call options at .98. I’m anticipating a little more bounce.

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The big trade of the day. JOYG call options. 74% on a 1 day trade. Thats what Fast Money really is.

I’m kinda on the fence about including CRIS here today. Although I sold CRIS Friday to buy the JOYG calls, CRIS did move up 14.4% today. I got the stock right and missed it by [...]

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