Sorry, been busy

This has been a tremendous few weeks...  I was talking in the office, better yet playing financial prophet and said we would be at 12100 on the DOW by Friday... So good call.  RAX has broken through resistance and closed above 42, 10$ above our entry point for a 33% return.  Will keep F until at least the 15 level.  STX, SNDK all up tremendously.

Market is indicating an overbought stage, PUTS on the DIA and QQQQ may be the next play.  FAZ is at a 52-week low.  Financials have done very well this week but is the news substantial enough to warrant and keep the rise.  C 13 45 CALLS have doubled.

I am still scouting Dividends

Quicksilver (ZQK) upgrade to buy and had a descent breakout this week.

Will run a RAX analysis and how the triple top and bottom was influence by the market environment, news and analysts reports soon.

Happy Trading...

Sell GOOG 600's Go RAX Drive a Ford

So Google did what we predicted, if you picked up the 600 CALLS, sell them tomorrow for an unbelievable profit, between 2 and 300% depending on your entry price.

RAX upgraded to a $56 price target, passed 50-day MA 5-days ago, broke through 200-day moving average today and bounced off a triple bottom!

If this is a bear rally, there may be opportunity to get back into RAX, but I would start thinking of a long-term strategy to get in before we break the $40 and then up to $56 levels.

F is holding steady over 11 so already making money, all signs are pointing to good earnings info so hold on to this one!

Happy Trading...

Columbus Day Jump (RAX, NFLX, F)

So here are some charts showing the range we are in and my current favorite RAX mirroring the range meaning predictable profits!  Here are the daily charts for the DJI, DIA and RAX.  Speaks for themselves as far as the support and resistance levels we are in.  I have been espousing my RAX greatness to whoever I come in contact with, Buying at 32 or below and selling at 36 making for safe, comfortable profits.  The CALL options for this have been returning far better returns as well.

Ready to pull the trigger on RAX around 32 again! and picked up some Jan 13 LEAP Calls @ 150 on NFLX.  Over 400 days for the stock to move around 30 bucks.  They recanted the idea to split off the DVD rental from their streaming model...

F is returning around 5% from Friday's buy, but keeping this for the return to 16+.  Earnings will be telling so placing a Trailing Stop in just prior...

Happy Trading...