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Facebook to file for IPO Feb 1.  That's the rumor.  Then we will get to take a look at their financials.  Many analyst are already comparing this to the Google IPO.  Keeping an eye on this one.

Happy Trading...

Tech Rage, Some Shoes and Other Updates

AAPL, as usual, crushed earnings, up 7% in the AH breaking 450! NASDAQ futures up.  EMC smashed earnings and forecast for an almost 60% return on the Jan 25 13 LEAPS. 

CROX 17.50's up almost 100% from the time recommended.

Cloud is the future, storage, management and security of cloud components: hosting, enabling, transport etc.  Those are the companies to watch and find the best of breed.  EMC, VMWare NetApp, IBM etc. etc. etc.

Still watching GOOG, looking at Jan 13 600's for a long play.

Laughing at Wallstreet is a great book, put's the information arbitrage and psychology of trading boldy on well planned trades.  I need to write a review on this.  Bottom-line is the CROX and EMC calls were solid on every front and I should have split my portfolio between the two...

F reports Thursday, current indicators are pointing to a solid report.  Recommend trailing stops Wednesday as protection.  If it moves above 14, volitility should increase upping the Call premiums.  I plan on covering at 15 a couple months out with the plan to be called out, but I'll take the premium only as well.

SIRI, almost a double on the Jan 13 2$ Calls, the underlying is staying above 2 now, solid base, what's the catalyst for the move to $2.50...

ARAY, has recoverd nicely as well as ZQK.

My all-time fave and lacking call is TNK, it has been noted lately, has over half of it's spots covered for 12.  Has performed a nice rebound off the bottom, if you picked it up in the 3s hold this one, you may never get the dividend return like this again.  Also eyeing DRYS and FRO in the shipping lanes.

Airlines are worth watching again.

Happy Trading...

Memory FLASH

Research firm IC Insights predicts that sales of flash-memory chips will surpass DRAM sales this year, with revenue expected to reach $32.8 billion. DRAM sales are predicted to decrease 3%, to $30.3 billion. Flash memory's growth is expected to continue thanks to mobile-platform use and mobile-device adoption, IC Insights says.

Happy Trading...

Quick it's Quicksilver (ZQK)

ZQK broke out today and long-term guidance, we are now apporaching that 5+ mark we bought this for.  no worries taking profits here though.

Happy Trading...

CROX is going higher

CROX reported it's fourth quarter earnings will be at the top of its estimates!  Jumped over 2 bucks today and the Jan 13 17.50's are up to 4.90!

Happy Trading...

AA near 52-week low

With aluminum prices bottoming and demand still high, watch Alcoa after the bell on Monday.  They report then and any loss from fourth quarter could bring them down to 8 territory.  Maybe a outright buy with a cover later in the year...

Happy Trading...