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Tuesday, April 10th, 2012
9:00am (EST)
The market finished Monday’s session pretty much where we figured the dust would settle as the major indexes fell 1%, on average. Although there was some backfilling, or a bounce off the lows, the bulls were unable to hold support as the selling pressure lasted throughout the session…
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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 powerful 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 MONTHLY double-digit gains for our Weekly Wrap. Our 2012 Track Record is now an incredible 61-13 as of early April with 12 triple-digit winners and another 9 trades that returned 75% or more, on average.
Our list of winners 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 $49,000 for a 390% return using our recommendations.
Our Weekly Wrap Covered Call Portfolio is 17-0 for 2012. We were 16-0 in 2011. Even better, we could add another 3-4 winners in April! Some of our winners 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: COF, dndn, MGM, stock options trading advisors Posted in Market Analysis, Market Commentary | Comments Off
Friday, February 17th, 2012
1:00pm (EST)
The market is mixed as we head into the second half of trading and a 3-day weekend.
The major indexes have trudged higher for much of the day although Tech is slipping following yesterday’s big run.
For those of you who subscribe to our Weekly Wrap, today is payday on 4 of our covered call trades. MGM Resorts (MGM, $14.80, up $0.06) will give us a 22% return after the close while Darling International (DAR, $15.85, up $0.07) will chip in with a 20% advance. Zynga (ZNGA, $12.67, up $0.62) will make us 13% and TiVo (TIVO, $12.07, up $0.01) will return 5%. Zynga also made our subscribers 153% after we closed our call option trade this week from late January.
The closed trades will put our Weekly Wrap portfolio at 12-0 for the year and 28-0 since the start of 2011. Again, 28 winners, no losers. Even better, in March we could close up to 11 more winning trades for double-digits returns.
The important part of double-digit winners is this. If you can make 20% on just 5 trades, you double your money. Think about that folks.
We created the Weekly Wrap to take some of the stress away from trading Daily options. While our Daily option trades target triple-digit returns, the Weekly Wrap covered call trades are designed for those of you who have smaller accounts and want to play options. This is the coach potato way of learning to trade and reading charts and we have not lost one minute of sleep since we started this publication.
For the Weekly Wrap we focus on covered call trading on stocks under $20. Most of the time our hidden gems are on stocks in the $5-$15 range which makes entry points for trading and writing covered calls less than $1,000.
Our point is that you can build a solid portfolio with unloved, undiscovered and momentum stocks by selling call options against the stock you own. We also focus on stocks with good fundamentals that are stuck in a trading range. Think of the options you write as monthly dividends.
We are now 12-0 for our Weekly Wrap and some of our other high double-digit winners this year include Clean Energy Fuels (CLNE, $17.13, up $0.62) which made 27%, Dendreon (DNDN, $14.45, down $0.04) racked up an 18% pop, and our first MGM Resorts trade that got called away in January made 19%. With the two 20+% winners we are closing today, these five trades alone would have doubled your money.
We told you back in October the next 6 months were going to be one of the best times we have seen in awhile to trade the upside and there will be opportunities to play the continued momentum or a pullback. Either way, we have you covered.
The Dow is up 27 points to 12,931 while the S&P is higher by 2 points to 1,360. The Nasdaq is down a dozen points to 2,948.
Subscribers, check the Members Area for the last minute updates.
Our next issue of the Weekly Wrap will be out Monday night as the market will be taking the day off for President’s Day. Our next issue of the Daily will be out on Tuesday morning. The Weekly Wrap is 28-0 since we started the newsletter just over a year ago. Our Daily publication is on fire as we have gone 25-2 to start the year.
Until then, have a great weekend everyone!
Tags: covered call trading, DAR, dndn, MGM Posted in Covered Calls, Market Analysis, Market Commentary | Comments Off
Wednesday, February 15th, 2012
12:30pm (EST)
We have 2 NEW TRADES we are releasing right now as we look to continue our hot streak. Subscribers, check the Members Area for the updates!
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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 great 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 which is 24-2 over the first 7 weeks of the year. Our list of winners include 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!
Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and is 7-0 for 2012 and could add up to 5 more winners this week. We were 16-0 in 2011. Even better, we could add another 10 winners in March which would bring our Track Record to 38-0! Some of our winners include 27% on CLNE, 17% on VVUS, 19% on MGM, 18% on DNDN, and 20% on DAR.
Tags: dndn, STX, VVUS Posted in Trade Update | Comments Off
Monday, February 6th, 2012
12:40pm (EST)
The market is trading slightly lower to start the week after another failed weekend of talks between Greece and the European Union. The head officials want Greece to sign-off on new austerity measures and several of the politicians are against the new rules as you can imagine. They still want to kick the can down the road for another couple of years but they can’t bite the hand that feeds them.
Greece has been a drag on the indexes for months but the market continues to move higher which shows that it may not be a big deal if they do default. Sure, there will be a knee-jerk reaction if there is, and Greece is suppose to submit its final proposal today or tomorrow with a EU vote on Thursday. Stay tuned.
In merger Monday news, O’Charley’s (CHUX, $9.80, up $2.88) is up over 40% despite reporting quarterly earnings well below Wall Street estimates. The company posted a loss of 38 cents a share on revenue of $182 million. The suit-and-ties had expected a loss of 22 cents a share on sales of $181 million. The good news for shareholders is that O’Charley’s also said it would be acquired by Fidelity National Financial (FNF, $18.23, down $0.20) which has a history of doing small deals like this.
We mentioned last night in our Weekly Wrap that economic news would be light for today and tomorrow so earnings and Greece will be the catalysts that move us higher or lower.
As we head to press, the Dow is down 43 points to 12,819 while the S&P is off by 4 points to 1,341. The Nasdaq is lower by 9 points to 2,896. The market may be lower but it feels as though it wants to go higher today.
We do have some good news with our current trades as most of them are in the green and are extending last week’s powerful gains. Yes, it is a stock picker’s market which we have proven for the last few months but the talking heads are now just realizing it.
We have locked-in profits on a few current winners and our Dendreon (DNDN, $16.18, up $2.01) call option trade is surging today as the stock is up 14% on no news.
We also have a NEW TRADE and profits to take on 2 other call positions as one of them is up nearly 60% since Friday while the other is up over 50% in just one week!
Subscribers, check the Members Area for the updates and we will be back in the morning with the latest & greatest.
Tags: call options, CHUX, dndn Posted in Earnings, Hot Stocks, Mergers and Acquisitions, Trade Update | Comments Off
Friday, January 27th, 2012
1:15pm (EST)
We said no Greece deal would weigh on the market this week and perhaps keep the reins on the bulls. If the closing bell sounded right now, the week would end mixed with Tech showing the only positive finish.
The Dow came into the week at 12,720 and is at 12,646, down 88 points.
The S&P 500 started Monday at 1,315 and is currently down 5 points to 1,313.
The Nasdaq began the week at 2,786 and is at 2,808, up 3 points.
Over a quarter of the S&P 500 companies have announced earnings this week and next week marks the height of the season before we start tapering off. Some of the companies we will be watching like a hawk next week include Aflac (AFL, $48.70, down $0.08), Amazon.Com (AMZN, $195.20, up $1.88), Broadcom (BRCM, $35.20, down $0.09) and United Parcel Service (UPS, $75.98, up $0.14) on Tuesday.
Wednesday, Chipotle Mexican Grill (CMG, $364.80, down $1.01), Electronic Arts (EA, $17.91, up $0.25), Green Mountain Coffee Roasters (GMCR, $52.61, up $3.27), Hershey (HSY, $61.37, down $0.16), Las Vegas Sands (LVS, $49.22, up $0.25) and Qualcomm (QCOM, $57.62, down $0.20) will announce their quarterly results.
Thursday and Friday will also feature some companies of interest and these are some of the main stocks we actively follow just to name a dozen or so.
We continue to chuckle when we hear that stock picking is a lost art, which we have heard for the last 3 months. We must be doing something good to hit 17-out-of-18 wininng trades to start the year for our Daily and to go 23-0 over the last 13 months for our Weekly Wrap covered call trade Portfilios.
We have some last minute updates to the 2 new trades we added this morning as we have added our exit targets. Let’s go see where we are at inside the Members Area.
January has been incredibly good to us and we will cover the charts for the indexes and our current trades on Sunday night in our Weekly Wrap and Monday morning for the Daily. We have a busy weekend of homework but it isn’t “work” because we have been banking profits all month long. Until then, have a great weekend everyone!
Tags: AFL, AMZN, CMG, dndn, EA, GMCR, HSY, LVS, QCOM, UPS Posted in Earnings, Market Analysis, Market Commentary | Comments Off
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Bulls Looking to Rebound
Tuesday, April 10th, 2012
9:00am (EST)
The market finished Monday’s session pretty much where we figured the dust would settle as the major indexes fell 1%, on average. Although there was some backfilling, or a bounce off the lows, the bulls were unable to hold support as the selling pressure lasted throughout the session…
***********************
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 powerful 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 MONTHLY double-digit gains for our Weekly Wrap. Our 2012 Track Record is now an incredible 61-13 as of early April with 12 triple-digit winners and another 9 trades that returned 75% or more, on average.
Our list of winners 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 $49,000 for a 390% return using our recommendations.
Our Weekly Wrap Covered Call Portfolio is 17-0 for 2012. We were 16-0 in 2011. Even better, we could add another 3-4 winners in April! Some of our winners 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: COF, dndn, MGM, stock options trading advisors
Posted in Market Analysis, Market Commentary | Comments Off