12:40pm (EST)
“If you are ready to give up everything else – to study the whole history and background of the market and all the principal companies… as carefully as a medical student studies anatomy – … and, in addition, you have the cool nerves of a great gambler, the sixth sense of a clairvoyant, and the courage of a lion, you have a ghost of a chance.”
The talking heads and suit-and-ties have been warning everyone to get out of the market since Wednesday’s peak and to expect a 5%-7% pullback from here on out. Sounds like the same broken record that has been playing since the start of the year.
We used the above quote because it really describers the mentality of an option trader and why we are outperforming the market and most of the Wall Street pros. Talk is cheap when you don’t do the homework and perhaps, there could be a pullback, maybe 3%-5% as the bears are carrying a little momentum as we head into the weekend. (continued…)
****************************
If you are not a subscriber but would like to get more, real-time trades, please click here. We are one of the fastest growing stock options trading advisors on the internet. 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.
We are having an incredible 2013 as our CLOSED 2013 Track Record is now a sizzling 60-33 with a boatload of triple-digit winners. Some of our recent gains include 140% on the SolarCity (SCTY) May call options, 173% on Big Five Sporting Goods (BGFV) May call options, 263% on Regeneron Pharmaceuticals (REGN) May call options, 100% in Beam (BEAM) June call options.
Our average trade recommendation usually last 3 weeks or less and we have closed some trades in as little as 24 hours. We target triple-digit returns for all of our option picks for the Daily and double-digit returns for the Weekly Wrap. If you are not yet a subscriber, come see why jaws are dropping for those who follow Wall Street and options trading.











Terrific Tuesday’s Continue to Save Bulls
Tuesday, May 28th, 2013
11:50am (EST)
The market is enjoying its best –day gains since the beginning of the year as all of the major averages are showing strong gains. We mentioned last week the suit-and-ties that decided to take an extended vacation could miss another ride to the upside and today’s start has them wanting to get back to work.
The super Tuesday is continuing as the indexes are showing strong gains of 1+% and have cleared near-term resistance following last week’s pullback. There is a lot of rotation going on and the risk-on trade seems to be back in play following the worries over the Fed tapering but as you can see those fears have quickly vanished as investors play catch-up
****************************
If you are not a subscriber but would like to get more, real-time trades, please click here. We are one of the fastest growing stock options trading advisors on the internet. 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.
We are having an incredible 2013 as our CLOSED 2013 Track Record is now a sizzling 60-33 with a boatload of triple-digit winners.Some of our recent gains include +140% on the SolarCity (SCTY) May call options, +173% on Big Five Sporting Goods (BGFV) May call options, +263% on Regeneron Pharmaceuticals (REGN) May call options, +100% in Beam (BEAM) June call options. +206% on Goodyear Tire & Rubber (GT) June calls.
Posted in Market Analysis, Market Commentary, Trading Psychology, Trading Tips, Watch Lists | Comments Off