I have been under electronic attack this week and finally changed the channel on my wireless router and putting a new floor in my kitchen as part of the never ending remodelling...
Some quick updates...
C traded well at the close Friday. Still expecting a run-up before earnings on the 19th and then we'll see what the numbers look like...
AAPL has a history of pulling back after new product launches, if this happens recommend trying to pick them up on the dips or continue to buy the 2011 LEAPS, if you got the 200 LEAPS recommended earlier congrats on another 100% run.
Micron received another upgrade and target at 20. I closed my calls out last week on the short run we had before the pullback.
RIMM looks like a buying opportunity... The numbers were great even though they missed estimates. Look into this, sell some PUTS if you are interested in buying...
I will be looking at Foot Locker ast they are trending higher and expanding overseas, as well as some other retailers as the consumer is coming back. Consumer spending accounts for 2/3 of the economic numbers!
Mastercard and Visa are on the list for some CALL buying, remember the V IPO we got in on at the low and actually sold at the high.
ITMN, my worst trade received another upgrade and target above 37...
Rackspace (RAX) is bouncing back nicely, would put a $20 limit to sell on it, as I am a trader not an investor.
More to come as I get back into the routine...
Happy Trading...
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