Price Targets 08/13/2013

Here are some price targets for short-term trades: GOOG – reaching oversold territory ($876), may be a good day tomorrow (8/14) to initiate some calls. AAPL – not done yet after today’s monster run. We should see at least 520 … Continue reading

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June 2013 Trading Performance

I’ve started questioning myself whether to keep this trading blog going because after I’ve managed to lose 87% of my account value in May, June had some great trades, but the last trade initiated in June has not gone well … Continue reading

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High Probability Trades For Thurs 6/6/2013

Here is one that should give you at least a $1 (~1.5%) swing by the end of the week time frame:

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May 2013 Trading Performance

This is the 4th month I am reporting my options trading performance. After last month’s stellar performance, I once again not only gave back all the profits I made, plus putting a big dent in my starting capital. In May, … Continue reading

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WLT break out alert

WLT finally broke out of the 3 month downtrend. We alerted our members of possible breakout on 5/8. If you jumped the gun, but held on then you are rewarded today (and possibly for weeks to come). Conservative price target … Continue reading

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ADI forming WV pattern

ADI is forming a textbook WV pattern. There is only one way: UP UP UP!

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How to trade WMT post earnings

WMT had a technical breakout today, however, earnings will be announced before market open on 5/16/13. Anything can happen and traders should keep an open mind. Trade long on break of today’s high of $79.96 and trade short on break … Continue reading

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C possible breakout of triangle wedge

C closed above a 2 month wedge. We are biased long in C, however, use today’s hod ($48.05) as entry point just to make sure there is follow through buying. If this breaks out, we expect a $5 move to … Continue reading

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WDC High Of Day (HOD) test tomorrow?

We suspect WDC will touch/test a previous high set on April 25th of $57.96. This should give you a good $1 profit run tomorrow. However, enter long on confirmation of breaking today’s high of $56.79.

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April 2013 Trading Performance

This is the 3rd month we are reporting our options trading performance. After last month’s learning experience, April had some great trades, and not so great trades. We did, however, manage to get back on track where we left off … Continue reading

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