Dry Bulk Shipper (DRYS)

Dryships will report Wednesday.  Already up 100% off it's lows this year, it is still about 2 bucks below its high.  Dry bulk shipping should be the first to rebound over time followed by petroleum shippers.  DRYS does both.

Call activity is high across the front months and in and out-of-the money.

Will be watching the earnings report and looking to buy at-the-money calls on good news and forecast.

Also, check out Yahoo's Message board: http://messages.finance.yahoo.com/mb/drys

Happy Trading...

Baltic Shipping Index to Climb

More reasons to hold things like TNK...  Oversupply seen shrinking and recovery starting... Of course this is over the next couple of years.  My recco buy shipping companies monthly/quarterly and hold these for long-term dividend payments.  FRO use to pay 14 bucks a year dividend, of course the percentage will rely on the variable cost you pay.  This is why I continue to get in now.

http://www.cnbc.com/id/46451998

Happy Trading...

Weekend Update

TNK-I'm out, my limit was @ 4.50 and TNK breakthrough to 4.51 Friday to close at 4.42.  Earnings are out Thursday, they were upgraded but this was a pure trade set-up and I'm comfortable with how it performed.  I still own some TNK in a long-term account because of the dividend and potential dividend after the shipping sector recovers.

EMC-I am out of this as well.  Those of you that have stayed since the open of the trade at 1.51 for Jan 13 25 Calls, they are now trading over 4.  Approximately a 330% return so far.

CROX-17.50 Jan 13 Calls are almost up 100%, earnings due soon but looking stable.

NFLX- Pulling back now, but the 150 Calls bought when the underlying was in the 60s are up around 400%.

SIRI 2.50 Jan 13 2.50 Calls are approaching the 100% return mark.

Cloud and cloud supporting, goods and services in support of the cloud computing space are the next trend.  EMC for storage, VMW for virtualization.   HP is producing ridiculously low wattage servers and haven't seen the competition working this yet.  Reducing energy costs will increase revenue per server and flow through the top-line right to the bottom-line.  HP is around it's 52-week low, need to look into them more since the pro's have them targeted around 30.

SKYY is an ETF covering cloud and cloud support type industries.  It is currently around its high and is relatively new.  Would like to see if this is  a good way to keep in the cloud game as an investment.

End-clients, mobile devices and application developers and APP performance management are the other side of the cloud trade.  

Cloud based IPOs make up half of IPO filing form Seeking Alpha

http://seekingalpha.com/article/359781-cloud-based-solutions-drive-half-of-ipo-filing-activity-this-week

The SOLAR sector has heated back up, YNG, SOL, TSL, FSLR, MEMC all off the lows.

Looking the next big mover!

Happy trading...

ARAY AAPL GOOG TNK

Accuray (ARAY) up 15% today, now almost 100% from first mentioned.  TNK sold its offering over the last two days and now above the offering price.

GOOG over 600, 600 calls prime for profit taking.

AAPL approaching 500 fast.  New IPAD in March rumor

Happy Trading...

jason Wu sold out at Target today!

look for an earnings play here with at/in the money calls out about 6-months...

Happy trading...