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Friday, May 18th, 2012
12:50pm (EST)
FaceBook (FB, $40.60, up $2.60) finally opened for trading around 11:30am (EST) and the first print was $42.05. We’ve mentioned them enough all week so let’s leave it there for now.
We thought there would be a little more enthusiasm in the market today but we mentioned in our Weekly Wrap if support was broken before the debut, shares could struggle along with the major indexes.
The Dow is down 6 points to 12,436 while the S&P is up a point to 1,305. The Nasdaq is showing a decline of 2 points and is at 2,811 but has dipped below 2,800 today. Not good unless you are bearish like us.
We are doing a video this weekend for those of you who are trading course members. It has been a few months since we have done one because we have been so busy trading and making our subscribers money. We have recommended over 100 trades for 2012 which is nearly 4 or 5 per week. We normally average 1 or 2 trades per week but when the market is giving you so many gifts, we have to take advantage of it will the getting is good.
We have had a ton of new subscriber sign-ups over the last few months as word spreads about the explosive profits we have been making so we felt it was important to do a video for those of you who want to learn charts and to trade like we do.
If you are not a member to our trading course, you can get the videos and trading manuals by UPGRADING your membership to a one-year deal which is cheaper and saves you money off our monthly and quarterly rates.
Once a year, we run a sweet offer but we want all of our subscribers to see the video so here is the deal.
If you have purchased a 1-year membership this year, in 2012, and you haven’t received the trading course, email us and we will send one out at no charge (an $895 value). We did a promotion at the beginning of the year through April where we offered this deal so everyone from April on who didn’t get the course, hit us up in an email. We will be sending all of you who have ordered 1-year memberships in May the course this weekend but email us anyway if want.
For those of you on Monthly or Quarterly memberships, if you upgrade to a 1-year membership, we will include the course at no charge as well. Shipping is also on the house.
We will also add any extra time from your current membership to the one-year deal. The videos, all current and past are available as soon as you sign-up and we like to do one every month or two depending on market conditions.
If you do the math, this is well over a 50% discount if purchased separately and we are currently sporting an 86-18 win/loss record for the year. Deals like this don’t last forever so jump on now. This offer ends Sunday night at midnight.
You will not need a coupon to get the manual along with the one-year subscription, just upgrade or signup, and we will ship the course to your doorstep over the weekend. You will also have access to the videos, instantly.
Click here for the subscription link:
To read more on our trading course, How to Trade Options on Momentum Stocks, go here:
We have some last minute updates but our current trades are doing well so we will ride them higher into next week.
We will be back Sunday night with our Weekly Wrap and Monday morning with our Daily. Until then, have a great weekend everyone! And make sure you sign-up or upgrade by then.
Tags: Option Trades, option trading course
Posted in IPOs, Market Analysis, Option Trades, Strategies | Comments Off
Friday, May 18th, 2012
9:00am (EST)
The bears made it 5-in-a-row and 11-out-of-12 sessions as the market finished lower again on Thursday. We have a lot to cover today so let’s go over the numbers real quick.
The Dow gave back 156 points, or 1.2%, and closed at 12,442 while the S&P 500 fell 20 points, or 1.5%, to finish at 1,304. The Nasdaq got walloped for 60 points, or 2.1%, and ended at 2,813. These levels are within spitting distance of the exact targets we said to watch for in our Sunday night Weekly Wrap and in our Monday morning outlook.
We also reminded you in one of our updates yesterday the market could get a lift from FaceBook’s (FB) IPO debut which is why we took partial profits in 4 more put option trades yesterday. We said this Sunday night as well so we have been preparing for a bounce and we stick to our trading plan.
While Wall Street and the rest of the world gets excited about FaceBook’s stock, we will have to wait until the options list before we get a rise in our Levi’s.
As far as our current option trades, we have 6 triple-digit winners we are nursing right now and 2 of them are up over 200%. We have a 7th trade that is up 91%. Needless to say, our subscribers are having a payday May!
Speaking of which, the May options chains expire today which could also bring some volatility but we are in good shape. Even better, any countertrend rally will allow us to get into our next batch of trades at lower prices as we open new positions for July and August.
We have some great news to share in our afternoon update but for now, we have a lot more to talk about in our Members Area as we expect a busy and hectic day. Be on the lookout for possible Profit Alerts this morning and New Trades if we see something we like.
As we head to press, futures are showing a nice pop at the open just like we figured. Dow futures are up 40 points to 12,453 while the S&P 500 futures are higher by 5 points to 1,306. The Nasdaq 100 futures are advancing 4 points to 2,509.
Subscribers, pay close attention to our trade instructions and stay locked-and-loaded.
Tags: Facebook IPO, Facebook options, FB
Posted in IPOs, Trade Update, Trading Psychology | Comments Off
Wednesday, May 16th, 2012
12:35pm (EST)
They you can’t get enough of a good thing, right?
While some will argue if FaceBook is a “good thing”, investors can’t seem to get enough of the company’s upcoming IPO (Initial Public Offering) which is set for Friday.
The company has upped the offering price from $28-$35 to $34-$38 and will flood the Nasdaq with 420 million shares, up from 337 million. Based on these raw high-end numbers, FaceBook will easily have a market cap (MC) north of $100 billion.
Frothy? You bet.
Other companies that have been around for decades that could be worth LESS after Friday’s close on Wall Street include McDonald’s (MCD, $91.54, up $0.52) which has a MC of $90 billion, Home Depot (HD, $48.99, up $0.32) at $74 billion and Cisco Systems (CSCO, $16.72, up $0.18) which has a market cap of just under $90 billion.
We have heard reports that FaceBook is oversubscribed by 25 times in Asia and what about the little guys and gals?
If you have a brokerage account with Chuck (Charles Schwab), you must have at least $100,000 in assets and trade at least 36 times a year. For TD Ameritrade, your account would need to have $250,000, or, if you have made 30 trades in 3 months and feel like filling out a mountain of paperwork then you may qualify.
We have been with Chuck for decades but we don’t plan on participating in the IPO. We were thinking of adding it to our Weekly Wrap but we know not everyone will be able to get in at the IPO price. We also know shares will be volatile and the Weekly Wrap is all about safety.
However, this doesn’t mean we won’t be trading FaceBook down the road. We don’t plan on trading the stock but instead, the options.
We have a feeling call and put options on FaceBook will list fairly quickly but they will be expensive and there won’t be any charts to follow right away.
This is the beauty of options because it allows you to CONTROL 100 shares with just one option contract. If you buy 10 option contracts, you would control 1,000 shares of FaceBook.
It will also be a lot easier making 100% on a call or put option than trying to make money by flipping the stock. Be patient, folks.
FaceBook’s real IPO to us will be the options once they list for trading. We would like to say they will be available to trade in a couple of weeks, maybe sooner, but nothing is confirmed.
As far as the market, it has been another choppy day of trading but has so far favored the bulls. The Dow is up 48 points to 12,670 while the S&P 500 is higher by 4 points to 1,335. The Nasdaq is showing a gain of 5 points to 2,899.
We continue to lock-in profits when we can and we are rolling our Hard Stops up as we are locking in some huge winners ahead of FaceBook Friday. Tech could get a bounce and a rising tide will lift all boats but the trend is still lower.
We have a ton of info to cover in our Members Area so let’s get on it.
Tags: Facebook IPO, Facebook options, FaceBook stock, FB stock
Posted in IPOs, Market Analysis, Market Commentary | Comments Off
Sunday, May 6th, 2012
11:00pm (EST)
1. Market Summary
2. Facebook’s (FB) Upcoming IPO and other Recent Debuts
3. Synacor (SYNC) – Looking Under the Hood
4. Earnings
5. Weekly Wrap Portfolio Update
6. Week Ahead
(To view the charts, please log into the Members Area and go to the Weekly Wrap Premium section.)
= = = = = = = = = = = = = = =
If you are not a subscriber but would like to read more please click here. We are one of the fastest growing stock options trading advisors on the internet and we are off to a unprecedented start for 2012. We offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter and our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis. Together, we are 79-18 and we doubt you will find a hotter newsletter. Our subscribers have closed 17-straight winning trades and last week we banked profits of 576% on our Green Mountain Coffee Roasters (GMCR, $25.10, down $0.77)!
Our list of winners also include +475% on AXP, +292% on COF, +171% on FSLR, +131% and +114% on 2 MGM trades, +200% on SGMS, +107% on AFL, +100% on STX, +82% on TSM and +125% on MSFT just to name a few. In other words, these solid gains could have turned a $10,000 trading account into nearly $60,000 for a 493% return using our recommendations. Wow! Our auto-trading partners verify our results so if you are a busy professional and work during market hours, they can do the trading for your account!
Our Weekly Wrap Covered Call Portfolio is 17-0 for 2012. We were 16-0 in 2011. Some of our sweet returns include +55% on SZYM, +27% on CLNE, +38% on VVUS, +19% on MGM, 18% on DNDN, and 20% on DAR. Remember, if you can make 20% on just 5 trades, you will double your money.
Tags: covered call trading, stock options trading advisors, Weekly Stock Market Wrap
Posted in IPOs, Market Analysis | Comments Off
Friday, March 2nd, 2012
1:35pm (EST)
The bulls are trying to hold on to their slim gains for the week and if things were to end now, the market would finish mixed for the week. Futures were weak for much of last night and into this morning which led to a slightly lower open. Economic news has been quiet today and with earnings winding down, Wall Street appears ready to get the week over with.
We are holding out some hope the Dow can clear 13,000 by the close, although it’s just a number, while the Nasdaq can make one last push past 3,000. This will require a late day pop, of course, and we went over the numbers this morning on where the bears need to be to win the week.
In IPO news (Initial Public Offering), Yelp (YELP, $24.40, up $9.40) made its debut this morning on the New York Stock Exchange (NYSE) and is up over 60%. Shares were priced at $12-$14 but were bumped to $15 on strong demand. Yelp expects to make $100 million or so after offering over 7 million shares to the public. The 8-year old company has yet to make a profit so we would steer clear of this one as an “investment” but we are looking forward to trading the options when they do list in a few weeks.
We have gotten some nice pin action this week on a few more of our current call option trades as we continue to ride the market’s wave higher. As we mentioned earlier this week, there were a few more well-know Wall Street pros who said the market is due for a pullback and suggesting shorting it. Of course, they have joined the legions of other money managers who have called for a pullback since January and at some point they will be right. Many of them have missed the rally over the past few months and are itching to get in. While they waited for a pullback, we have opened over 50 trades and the last of them will be winding down over the next few weeks.
The powerful gains we have made has given us a nice start to the year which could end up being very, very profitable for our subscribers. Please make sure you take the time this weekend to look at our 2012 Closed Trade portfolio which is 29-3 to start the year and is up over 200% on a $10,000 account, or $20,000 in profits.
We normally don’t trade this many positions but the trend from December has been so powerful that we had no choice. As far as where the market could be headed in March, we think there will be a continued rally and we will talk more about why this weekend in our Weekly Wrap but we are also cautious.
For now, let’s enjoy the rest of the trading day and see how the week closes. We have locked-in some incredible profits this week which is allowing us to keep some of our other trades open through the weekend.
As far as the market, the Dow is down 31 points to 12,949 while the S&P 500 is showing a decline of 5 points to 1,369. The Nasdaq is lower by 11 points to 2,977.
We will be back Sunday night with our Weekly Wrap and make sure you sign-up for this exciting publication if you haven’t done so already which is 26-0 since inception, 12-0 this year.
This gives us an overall record of 41-3 to start 2012 and we don’t count “half” and “quarter” positions 2 or 3 times like some other option services do. We also don’t tell you do “double-up” on a losing position to average a trade down then record it as one losing trade.
These are some of the tricks our competitors use for those who do have a “track record”. How do we know? Our subscribers tell us.
We offer auto-trading services for the busy professionals and real-time updates twice a day on all of our option recommendations. We also issue Trade Alerts as needed throughout the day so that you will always know when to take profits.
Subscribers, please check the Members Area for the last minute updates and until next time, have a great weekend everyone!
Tags: Covered Calls, NYSE, YELP, Yelp IPO
Posted in IPOs, Market Analysis, Option Trades | Comments Off
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FaceBook (FB) Offers More Shares, Bumps Price Target Up
Wednesday, May 16th, 2012
12:35pm (EST)
They you can’t get enough of a good thing, right?
While some will argue if FaceBook is a “good thing”, investors can’t seem to get enough of the company’s upcoming IPO (Initial Public Offering) which is set for Friday.
The company has upped the offering price from $28-$35 to $34-$38 and will flood the Nasdaq with 420 million shares, up from 337 million. Based on these raw high-end numbers, FaceBook will easily have a market cap (MC) north of $100 billion.
Frothy? You bet.
Other companies that have been around for decades that could be worth LESS after Friday’s close on Wall Street include McDonald’s (MCD, $91.54, up $0.52) which has a MC of $90 billion, Home Depot (HD, $48.99, up $0.32) at $74 billion and Cisco Systems (CSCO, $16.72, up $0.18) which has a market cap of just under $90 billion.
We have heard reports that FaceBook is oversubscribed by 25 times in Asia and what about the little guys and gals?
If you have a brokerage account with Chuck (Charles Schwab), you must have at least $100,000 in assets and trade at least 36 times a year. For TD Ameritrade, your account would need to have $250,000, or, if you have made 30 trades in 3 months and feel like filling out a mountain of paperwork then you may qualify.
We have been with Chuck for decades but we don’t plan on participating in the IPO. We were thinking of adding it to our Weekly Wrap but we know not everyone will be able to get in at the IPO price. We also know shares will be volatile and the Weekly Wrap is all about safety.
However, this doesn’t mean we won’t be trading FaceBook down the road. We don’t plan on trading the stock but instead, the options.
We have a feeling call and put options on FaceBook will list fairly quickly but they will be expensive and there won’t be any charts to follow right away.
This is the beauty of options because it allows you to CONTROL 100 shares with just one option contract. If you buy 10 option contracts, you would control 1,000 shares of FaceBook.
It will also be a lot easier making 100% on a call or put option than trying to make money by flipping the stock. Be patient, folks.
FaceBook’s real IPO to us will be the options once they list for trading. We would like to say they will be available to trade in a couple of weeks, maybe sooner, but nothing is confirmed.
As far as the market, it has been another choppy day of trading but has so far favored the bulls. The Dow is up 48 points to 12,670 while the S&P 500 is higher by 4 points to 1,335. The Nasdaq is showing a gain of 5 points to 2,899.
We continue to lock-in profits when we can and we are rolling our Hard Stops up as we are locking in some huge winners ahead of FaceBook Friday. Tech could get a bounce and a rising tide will lift all boats but the trend is still lower.
We have a ton of info to cover in our Members Area so let’s get on it.
Tags: Facebook IPO, Facebook options, FaceBook stock, FB stock
Posted in IPOs, Market Analysis, Market Commentary | Comments Off