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Intel Beats Estimates, IBM on Deck

Wednesday, July 18th, 2012

12:30pm (EST)

Intel (INTC, $26.20, up $0.82) reported earnings after the close yesterday and they came in better-than-expected, for the most part.  The company announced a quarterly profit of $2.83 billion, or 54 cents a share, versus $2.95 billion, or 54 cents a share, in the year ago period.  Sales were up 4% to $13.5 billion.  Wall Street analysts were looking for 52 cents a share on revenue of $13.6 billion.  

For the current quarter, Intel said sales will be $14.3 billion, plus or minus $500 million.  The suit-and-ties have a forecast of $14.6 billion so Intel kept them on their toes.  Gross margins are expected to come in at 63% while analysts had penciled-in 64%.

We profiled a straddle and strangle option trade for INTC in our video for our trading course, How to Trade Options on Momentum Stocks, on Sunday night.  We talked about how Intel has averaged a 3 cents beat over the past 4 quarters but we weren’t expecting a huge move to the upside for Intel as many companies are blaming Europe for sales misses and lowered forecasts but we knew there could be a pop.

We also suggested if they missed estimates shares could tank 5%-10%.  

The August options trades we profiled were listed on our Watch List Tuesday morning but we stayed on the sidelines as we are currently wrapping up our July trades.  We wanted to show how these strategies can be used in choppy and volatile markets because our next batch of NEW TRADES may be strangle or straddle option trades as we continue to wait for a market breakout or breakdown. 

With the indexes moving 2% intraday, we may deploy some of these types of trades in the upcoming months, especially if we continue to remain range bound.  Remember, we still expect even larger price swings in the indexes over the coming months so don’t be nervous in using them if they become official recommendations.

International Business Machines (IBM, $187.04, up $3.39) will report their numbers after the close today so the blue-chips could be setting up for a big move on Thursday as the stock is a huge Dow component. 

As we head to press, the Dow is up 105 points to 12,910 while the S&P is higher by 10 points to 1,374.  The Nasdaq is showing a 38 point pop and is at 2,947. 

We have a few more thoughts and a chart inside our Members Area for what tomorrow’s action could look like so make sure you check the artwork.

Earnings, Sentiment Weigh on Market

Wednesday, April 18th, 2012

1:00pm (EST)

IBM (IBM, $201.63, down $5.82) and Intel (INTC, $27.91, down $0.56) are weighing on the market after reporting earnings after the close on Tuesday.  IBM beat estimates but missed on revenues while Intel is trading lower after reporting lower gross margins for the quarter.

The Dow is currently down 60 points to 13,055 as IBM has accounted for 43 negative Dow points while Intel was worth a 4 point hit on the index.

The S&P 500 is lower by 5 points to 1,386 while the Nasdaq is off 12 points to 3,030.

The market rallied on Spain’s successful bond auction yesterday but the real test will come on Thursday when they try to sell 2 and 10-year bonds.  Earnings will be heavy after the bell and on Thursday with Bank of America (BAC, $8.95, up $0.03), eBay (EBAY, $35.99, down $0.09) and Qualcomm (QCOM, $66.79, down $0.44) set to report over the next 24 hours.

Subscribers, check the Members Area for the trade updates and we will back in the morning with a full briefing.

Bulls Eye April Highs, Bears Banking on Greece

Monday, January 23rd, 2012

9:00am (EST)

Well, Europe didn’t flare up and 4Q earnings came in halfway decent for some, not so good for others.  These were the 2 catalysts that we said would move the market higher or lower last week and the results favored the bulls who were able to push another layer of resistance.

It was a shortened week for the market but the indexes moved higher on Tuesday following good news out of China but gave back half the gains after the Financial sector ended mixed.  Citigroup (C, $29.64, up $0.31) and Wells Fargo (WFC, $30.54, up $0.39) missed and beat Wall Street’s estimates after announcing earnings to start the week.

There was follow through on Wednesday as the major averages ended the session with 1% pops, on average.  eBay (EBAY, $31.93, up $0.42) posted better-than-expected results on the strength of their PayPal business which is going gang-busters globally.  

We were expecting a flat to down Thursday as we weren’t sure what kind of numbers the jobs market would post before the bell and a number of Tech’s heavy-hitters were reporting earnings after the close.  Thankfully, Initial Claims fell to their lowest level (351,000) in 4 years which put the bulls in a good mood and took some of the pressure off of Tech – which ended up leading the way higher.  Bank of America (BAC, $7.07, up $0.11) gave the Financial stocks a lift after beating expectations.   

Friday’s action was all about “old” Tech versus “new” Tech as Google (GOOG, $585.99, down $53.58), Intel (INTC, $26.38, up $0.75), International Business Machines (IBM, $188.52, up $0.08) and Microsoft (MSFT, $29.71, up $1.59) weighed-in with their numbers, which were good for the most part.  The ugly duckling was Google which dropped 8% after missing Wall Street’s estimates.  Intel, IBM and Microsoft accounted for 78 blue-chip points.  

As a result, the Dow gained 96 points, or 0.8%, to end at 12,720.  The blue-chips dipped to a low of 12,620 at the open but held new short-term support at 12,600 which was prior resistance.  We could not have called this much better as we said a break above 12,600 would lead to a test up to 12,750-12,800…(read more)

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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.  Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and went 16-0 for 2011 and is 8-0 so far in 2012 after the trades we closed on Friday.  Sign-up now and receive access instantly to our stock options trading recommendations!

If you are missing these juicy profits come give us a try.  Get your password to our Members Area instantly when you sign up TODAY!  One profitable trade will easily pay for your membership.  You can request our 2008-2011 Track Records by sending us an email or filling out the box to the right.  

 

Thursday’s 4 Horsemen (GOOG, INTC, MSFT, IBM)

Wednesday, January 18th, 2012

9:00am (EST)

The bulls got off to a good start on Tuesday following Monday’s holiday as overnight and morning futures were up significantly before the European markets opened for trading.  The major averages surged 1% out of the gate but finished the day giving back half the highs and then some after pushing another layer of resistance.  Still, the surge higher put the momentum back on the bulls side following Friday’s setback but the close yesterday wasn’t fancy and didn’t excite us.

The Dow added 60 points, or 0.5%, to finish at 12,482.  The blue-chips reached a high of 12,573 as they managed to stay in positive territory throughout the session.  The move near resistance at 12,600 clears the way for a run up to 12,800-12,875 with a shot at 13,000 but that might be asking a bit much before we get a pullback.  Short-term support is at 12,350 followed by 12,200.

The S&P 500 advanced 5 points, or 0.4%, to close at 1,294.  The index reached a peak of 1,303 before fading in the second half and dipping to a low of 1,290.  We said a close above 1,300 could lead to some fluff up to 1,325-1,350 while support is at 1,275 with 1,250 serving as backup.

The Nasdaq popped 17 points higher, or 0.6%, to settle at 2,728.  Tech managed to kiss a high of 2,742 and came within spitting distance of hitting our 2,750 target.  We are still looking for a close above this level before we say the bulls have a REAL good shot at the 52-week high of 2,887.  We mentioned the Tech names reporting earnings this week on Monday night and said they could play a big role in a break past resistance or a pullback to 2,650-2,600 if the 2,700 level doesn’t hold. 

If Google (GOOG, $628.58, up $3.59), Intel (INTC, $25.04, down $0.10), International Business Machines (IBM, $180, up $0.84) and Microsoft (MSFT, $28.25, flat) can wow Wall Street on Thursday then the bears might have to throw in the towel for awhile.  If not, we could get our expected February pullback a couple of weeks early.

As we head to press, futures are up and look like this:  (Dow -9), S&P (-2), Nasdaq (+4). 

Subscribers, check the Members Area for the specific trade instructions for today as we have set some HARD STOPS for a number of our current option trades.  If there is a pullback, we want to protect our triple-digits profits on some trades and close out some of our other higher performing double-digit plays.

We will send out Trade Alerts if they are hit or if we take other action this morning so stay on your toes.  Otherwise, we will see you back here on Wall Street’s lunch break.

Bulls Bringing Out the Big Guns

Thursday, July 21st, 2011

9:00am (EST)

Go figure.

On a day the Financial stocks actually showed some strength, Tech lagged along with several other sectors which weighed on the market for much of Wednesday’s session.  More bad news from the housing sector also held back the early momentum the bulls had going on strong earnings reports from Tuesday night and yesterday morning.

Some of Tech’s best failed to power the market past resistance despite spanking Wall Street’s numbers.  As usual, there were one or two bad apples which ruined the party but overall, the numbers have been solid. 

Wall Street also took a step back after hearing June Existing Home Sales came in at 4.77 million units versus expectations for 4.93 million unit sales.  The news was surprising, considering Tuesday’s Housing Starts came in at their highest levels of the year.

The bulls were also facing the next wave of resistance and following Tuesday’s pop we figured there might be a slight pullback as prior resistance was trying to hold as support.  Finishing near the flat line was even better.

The Dow fell 15 points, or 0.1%, and settled at 12,571.  The blue-chips kissed 12,603 which was right on our 12,600 target and will need a close above this level to confirm a push towards 12,800 is coming.  The low was 12,546 and 12,350 still serves as short-term support.

The S&P dipped less than a point and closed at 1,325.  The index traded to 1,330 at the open and tested this level in the afternoon which was just below the 1,334 target that needs to be cleared for a shot at 1,350.  The bears managed a test down to 1,323 and support is still strong at 1,300.   

The Nasdaq slipped a dozen points, or 0.4%, and finished at 2,814.  Tech held the 2,800 level as it traded to a low of 2,808 after pushing 2,839 at the open.  We mentioned resistance was strong at 2,850 and with the 52-week high at 2,887, the bulls will need a lot of firepower to past these levels.

One silver lining was that the S&P Volatility Index (^VIX, 19.09, down 0.12) stayed below 20 following Tuesday’s 8% drop. 

Of course, the bulls have been bringing out the heavy artillery, being so close to resistance, and last night was no exception.  Intel (INTC, $22.97, down $0.07) and Qualcomm (QCOM, up $57.30, up $0.32) both topped Wall Street’s expectations but the reaction in after-hours trading wasn’t too pleasant.

Shares of each company dropped 2% and 3%, respectively, which has carried over into this morning pre-market action.  Not good, but we will see how the bulls deal with it.

Futures have been pointing towards a higher open since the sun cracked here on the Right Coast.  As the heat wave across America gets hotter along with the hot seats in Congress over the debt bill, tensions are high which means we will continue to see some classic summer volatility.

As we head to press, Dow futures are higher by 68 points to 12,575 while the S&P futures are up 8 points to 1,330.  The Nasdaq futures are showing a pop of 10 points to 2,392.

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2012 Closed Trades:

    Here are our biggest recommendations for 2013 so far: +367 on REGN call options +173% on BGFV call options +140 on SCTY call options +178 on SNE call options +128% on SNE call options

    The Final 2012 Closed Track Record for the Daily and Weekly Wrap are posted in the Members Area along with our 2013 Track Record.

    We were 159-70 for 2012, our fifth-straight profitable year since inception, with over 30 triple-digit winners and 17 more winners of 70% or more.

    The 5 biggest gainers for 2012 were: :
    576% on GMCR put options;
    500% on TASR call options;
    475% on AXP call options;
    464% on ARNA call options;
    and 292% on COF call options. We doubt any option newsletter performed as well as we did.

    Our 5 biggest winning recommendations in 2011:
    +1,167% Rambus option trade
    +357% RIMM option play
    +296% Freeport option trade
    +190% O’Reilly
    +184% Goldman Sachs
    We had 21 triple-digit winners and 12 (70%+) on 154 trades

    Our 5 biggest winning recommendations in 2010:
    +525% Adobe call options
    +297% Akamai Tech
    +190% Nike call play
    +177% Best Buy option trade
    +150% Green Mountain
    We had 19 triple-digit winners and 6 (70%+) on 115 trades

    Our 5 biggest winning recommendations in 2009:
    +1150% RIMM option play
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    +556% RIMM option trade
    +567% Bank of America
    +335% IBM call options
    We had 79 triple-digit winners and 19 (70%+) on 238 trades

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    +400% Chipotle Mexican Grill
    +347 Merck option play
    We had 65 triple-digit winners and 13 (70%+) on 142 trades

    The portfolios can be found in the Members Area as well as past portfolios from 2008-2011. Overall, we are 621-273 on nearly 900 real-time recommendations that equals a success rate of 70%. This means, on average, 7-out-of-10 of our option trade recommendations make you money and we hope to have an even better success rate for 2013.

    If you are missing these juicy profits, come give us a try. Get your password to our Members Area instantly when you sign up TODAY! One profitable trade will easily pay for your membership. You can request our 2008-2012 Track Records by sending us an email or filling out the box below.

Trader Comments:
    I just want you to know that I love the way you write and explain everything. I am new to this, and have lost 50% of my account until I met you guys. Iit is slowly coming back. I will be calling to set up a year of membership rather than the one quarter. Thanks again, and LOVE YOU ALL. REGINA L.

    Rick, I appreciate the advice. I think I will just sit back and utilize your selections only for awhile. This will obviously save me a great deal of money in commissions. I have gone thru your entire site including the video on money management. This has brought me to the stark realization that I have been trading too much for too little. I definitely have not been "swinging for the fences", but I also think I have been getting impatient with trades and getting out too fast. This has no doubt caused me too trade too much. I like, and definitely agree on, the advice on money management. Thanks for the help. STEVE T.

    Thank you!!! I held on to the NFLX position since Nov. 13 at a cost of $1.89. Sold ½ on April 14th for a 540% return and the other ½ upon earnings for 702% return. Total profit of $11,615 a 621% return. Keep the recommendations coming and thanks to you and your team for the service you provide. SCOTT H.

    Rick & Team, GREAT Call on NKE for my two trading accounts:
    1) Entry at .65, out at 1.45, 1.55 Profit = $415
    2) Entry at .60, out at 1.75, 1.50 Profit = $485 PETER G.

    Hey Rick! Here is an update on what your picks have done in my accounts.

    1) Great call on the JoyG March 55. I bought when you said, then bought again on one of the dips. Booked 80+% profit. Made enough to pay for your service for years to come.

    2) Also booked profits on your Berk Feb 74 (80%) and threw a major chunk of change at the March 75’s (190+%). I would have never known that Buffet's stock had split if it weren’t for your service. Bought the shares also for the long haul. Won’t look at them for another 20 years. Great job on getting us in before the indexes did.

    3) Took profit on your Imax March 12.5. 20 cent trailing stop at 1.90 yesterday. Not sure what the profit on that was, but profit is profit.

    I see that you took a loss on some of these. It’s all good. I look to trade your “ideas” not your exact calls. I THANK YOU! For your ideas and commentary. Keep up the good work. And keep those ideas coming. LAWRENCE O.

    Loving this subscription so far! I got into the BRK feb 76 calls the day you talked about right before the split...now up over 300% (0.70 to 2.475)! Keep the good picks coming and let's see some OSIS and EMC upside soon! Just wanted to share my positive enthusiasm on your newsletter...it gives us individual investors great ideas on not only the options market, but also the broader equity market! Case in point is BRK...I can't always read the breaking business news but its easy to read your twice daily updates on my smartphone...helped me get some BRK shares immediately after the split which I will hold for the long haul! Thanks again! C.J.

    Aloha Rick - Thank you so much for the great CL pick. I am not sure if there was buy-out/merger news or what but at 3PM today Colgate-Palmolive absolutely EXPLODED to the upside, and my calls turned into green candy when they went from 1.40 to 3.8 in a matter of seconds! I even sold a few for over 4.0! Much thanks and keep the solid picks up my friend, honestly. Only a fool would scoff at 267% gains... Peace! SHAUN

    I like the fact that you ask for comments from subscribers. Good customer service. By the way, am enjoying the service so far. Some good profitable calls. Keep up the good work. MICHAEL K.

    Woo hoo! Out for 50% on WMT this am. Making up for my depression for getting out of pcln for a 30% gain monday :( you the man! any word on the manual? My friend Mike ( who I sent to your service) told me he emailed you about your integrity in reporting fills. I echo that sentiment big time.. keep it up! Cheers!
    PARAG P.

    Hi Rick, as a new member all I can say is, 'show off' LOL, with PCLN. JAY P.

    Rick, I am a new subscriber to your service, and I want to say I am impressed. I am impressed by your results, but more than that I am impressed by your reporting of your fills. You could have easily said you got that Wal-Mart call today for 80 cents, instead you reported 98 cents! Good job and keep it up, I watched the reporting of the fills first, and then I subscribed. Thank You. MIKE

    Hi, good morning. I jumped the gun a little on this one (PCLN). But still made $1,675.00 profit!! Very happy!! Keep up the good work!! Thanks. TRISH D.

    Hi there, I have joined recently, and I am very happy to tell you that I am up over $10,000 on your picks in a month. I started on 10/7 with the Intel pick. I'll be your member for life. Please don't quit on us. Also, I am learning a lot about options. I didn’t get in your recent APOL and that gold trade and only had one loss on CHK. I appreciate all the DD you do. I enjoy your market commentaries. Best advice site period, and I have tried a few here and there. Again, you guys rock! MIN L.

    Thanks be to Momentum Options Trading for providing me with some fantastic wins. I just started with this service and am up nearly 50% in less than a month. There have been losses, but if I manage them properly, I will continue the best efforts given on the blog (in which there are no complaints). What a great cause for humanity. I feel more confident about my trades and continue to play the wins. Best of all, I am now keeping my regular paychecks in the bank! Thank you! JOE G.

    Rick - I wanted to say thanks for getting me started on the right foot with your service. I have made six trades since starting on October 22, 2009. Five are winners and One loser netting me $6,245. Thanks again and keep the trade recommendations coming. GREG F.

    I got into the Nike 60 Call at 1.85, sold at 5.00, also bought a 55 put at 1.05, but got stopped out at .35. What a ride! $2830.00 in the black even with the put. It's right at 100% return. I hope earnings season coming up is going to look like this trade. NOEL

    Nice call on Nike. I think I'll go buy a pair with my profits! : ) I did the straddle for safety but still made 62% on the trade. Not bad for less than 24 hours. If Goldman is right, then the Nov 70s or 75's could be a steal today. TODD F.

    What a sweet way to get introduced to Momentum. My first trade based on your picks and it a 2X. Thank you! PAUL H.

    “Limit order was set at 1.60 on RIMM so it sold. I may have left some money on the table but you can't go broke making a profit. That was a fun trade. Thank you. Good call. I’ve been watching and trading Rick's advice since March. It’s usually a fun ride, but I give him heck when it's wrong to. :) ” NOEL

    “Your service rocks! I made bank on Dendreon last week! The other thing I have to say is that it took me quite a while to find a REAL options trading service like yours. Most of what’s out there is 99% scam and very sketchy. Momentum Options Trading is the first service I found that I can trust and seriously make money with.” CHRISTIAN

    “I made $420.00 on ANF in 2 days. Thanks for the trade and updates on getting out of the trade.” JOHN

    “I did follow a lot of your trades with 1-2 contracts per trade and YTD I’m up 108%. I try not to follow blindly by not entering all of your trades and sometimes entering the ones you don’t. I entered AIG a few weeks ago against recommendation – that one hurt.” CHARLES M.

    “I have been following you for several months and am interested in the new service. I hate to see the free service go away but as they say, “all good things must come to an end”. My ability to join will be greatly influenced by the monthly fee so I’m very curious to see the new prices. Thanks for making April a great month for me and my family.” BRYAN C.

    “I have really enjoyed the past month since finding your blog. You have made some great calls. I would appreciate info. on the new options mentoring program. Thanks.” JOHN H.

    “Hi Rick, I have been following your blog for several months now and I would like to be including on the list for your new service and to receive more information about it. And yes I was a Dendreon winner with your tips. Turned $280 into $7700, and literally saved my butt.” JEFFREY

    “I made over 6k on your Dendreon trade, and I’m very interested in learning how you pick and trade options. Sign me up.” ED

    “Rick – Wow what a day! I got in at the Dendreon calls at $2.25. Thanks to for your advice. I appreciate that. This company has a lock on this type of therapy and no one else in the world is close. Kind of reminds me of the type of companies that Peter Lynch and Warren Buffet suggest that investments be made in. Companies that can build a moat around their business model, that allows them to charge a premium for their product or service. In other words - a monopoly.” GREG

    “Hi Rick, Thank you so much for the Dendreon trade, I made almost $10,000 with that trade with a little over $2,000 investment. You have shown me the power of options trading. Again, thank you so much for all your inputs.” KEN

    “Hi Rick, thanks for the encouragement to play the dendreon calls! did freaking great! Got in the first lot at $1.44 on 3-24-09, sold at $2.45, 70% not bad. Bought it back at $2.30 on 4-7-09 closed out on 4-14-09 for 454% gain! Wow! I love it when that happens. So, thanks the encouragement to get back in when others were saying sell, sell, sell. Keep up the good work.” GARETT

    “Rick – Thanks for Dendreon – it has made all the headlines today! I missed on RIMM earlier, but I’ve been holding onto DNDN calls since 3rd week March. Of course today it all paid off today, as DNDN rocketed up.” TERENCE

    Jan. 31 2012
    Rick, new member...Studied all current trades, did some chart work,picked ZNGA, PEP, MGM...Sold on Feb. 2 for $3600.00 profit...Cost for 1-year membership to your newsletter was less than $1000.00..All I have to say..Thank you. John H –

    3/18/11
    Rick, I purchased 10 contracts of the Nike March 85 puts Thursday afternoon for $2.00. Thing is, I was upset because the puts went down to $1.60 or so before the market closed. Well, needless to say Nike didn’t impress Wall Street and when I turned on the computer this morning the puts were worth $7.10! Sold them for a $5,100 profit!. Thanks again, you are the MAN. Chuck J-

    2/3/12
    Hi Rick,

    I will start off with a thank you for your time and dedication to all
    the research you and your team commit yourself to. This is not me just being excited about the profits I have accumulated aka (bank) ! You have helped me get back to the passion I had of researching stocks/options. Keith N-

    Hi Rick,

    I want to share my great results on GMCR. Based on your comments on February 15th, I bought 20 options at $0.28. They closed today at $7.00, which is a 2,300% gain. My $560 dollars turned into $14,000 in less than a month. In decades of trading, this is my single best trade ever. Thank you! By the way, the Dow was down 228 points today and I could care less. What a great trade. It proves the amazing power of options. I am so grateful for your service, which calls it straight all the time, your options trading manual, and most of all, your amazing skill
    at finding winning trades. I have attached a copy of the trade from
    my brokerage screen.

    Hi Rick,

    Wow!! my account it up 70% since i joined last month and market is going the opposite direction. Really appreciate your service. I just wanted to drop a note to say THANK YOU. Hope to be with you guys for a very long time. Mel

    Rick,

    Great call on Fosl I bought the may 120 puts for 3.70 yesterday morning just sold for $32.00 today
    Keep up the great work
    Thank you, Henri

    Rick –

    I bought 10 Deckers Outdoor (DECK) May 55 puts at $0.50 on 4/26/12 and sold them on 4/27/12 for $1.65. I made $1150 in one day. Thanks. I knew something good would happen sooner or later.
    HOW THE HECK did you know Green Mountain Coffee (GMCR) was going to go down 20 points???!!!! I bought 10 of the May 35 puts at $0.49 and then 5 more at .30. I sold them at 5.80. Thank you again.
    You have made a believer out of me. Alan

    Rick –
    I have only been a member for about 6 weeks but I have done well on most of the trades. My first two were QQQ and SPY a month ago and since then I've gotten into the groove and been doing well.
    I try to execute the trades that you recommend as soon as you send them out, sometimes I can't and I miss the Entry price. However, sometimes when I miss the Entry, the price goes down and I get a better price.
    That's exactly what happened with GMCR.
    You recommended it at around $.81 I think, but by the time I got to it, the price was $.27. I bought 100 Puts on Wednesday May 2, 2012 and sold half of them 24 hours later at $5.95 for a nice 2,203% gain. As per your recommendation, as GMCR went above $30 I sold the remaining 50 Puts at $5.50 for a slightly less 2,037% gain.
    On average that one trade netted me a 2,120% gain, entirely based on YOUR recommendation (and a little bit of luck). To put this in real terms, I risked $2,700 on Wednesday and pocketed $54,550 just 24 hours later.
    So uhh, let's do that again real soon!!
    Feel free to use my name. The tax guys have me on speed-dial already anyway. Dennis

    Rick:
    That was awesome on your GMCR pick, I know how risky it can been holding into earnings but you pulled it off. 
    I just started my autotrading with you today and am in on your QQQ play. I look forward this service. 
    I have a busy career and I have tried to follow and trade throughout the day and found it too hard. I hope you continue to have a great year, I plan to go along for the ride. I am starting slow but will pile more in once I have secured some profits. 
    Keep up the good work your trading has been spot on. I am sure you paid your dues to get this point in your career. Anthony

    Rick:

    Great call on GMCR!  I have been trading for about 15 years actively.  This may be the best trade I ever made.  Got in on Monday, April 30 and the stock was up from when you recommended it.  It went up further after I got in.  Here are the facts:
    Monday, April 30th: Bought 15 June 37's at $1.25= $1900 approx
    Thursday, May 3rd: Sold 15 June 37's at $9.30=$13,950
    Gain for the week: $12,050.
    I understand you will not get them all right.  It’s important to ride those winners and as you could tell from my selling price, I sold when the stock went to $28.10, so left a little on the table.  Who can complain.
    Keep the suggestions coming, looking for another jump on your FSLR, one that I have been riding very hard.
    Best regards, Bob
      

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