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QQQQ surged on strong buying interest. RIMM
led the rally. Intel jumped 4% after the No.
1 chipmaker said it would work with General
Electric Co. to make home-based health-care
products. The major indices spent the entire
session in the green, bolstered by broad-based
buying.
Intermediate-term outlook: BEARISH
Short-term outlook: BULLISH
Very short-term outlook: BULLISH
Pre-market sentiment: BEARISH
Preceding day market actions:
1. Closed Apr 27/29 Debit Call Spread @ 1.82
with a 10% gain in 42 days!
2. Closed Apr 29/31 Debit Call Spread @ 1.56
with a 11.4% gain in 5 days!
3. Closed Apr 28/30 Debit Call Spread @ 1.76
with a 11.4% gain in 4 days!
4. Opened Apr 29/31 Debit Call Spread @ 1.60
Alerts: None
THE STOCKS THAT ARE MOVING QQQQ NOW
| Component |
Technical
Chart |
Short-term
Sentiment |
| Apple
Computer
(AAPL) |
|
Bullish |
| QUALCOMM
(QCOM) |
|
Bullish |
|
Microsoft
(MSFT) |
|
Bullish |
|
Google
(GOOG) |
|
Bullish |
|
Research In Motion
(RIMM) |
|
Bullish |
| Cisco
Systems
(CSCO) |
|
Bullish |
| Gilead
Sciences Inc.
(GILD) |
|
Neutral |
| Oracle
(ORCL)
|
|
Bullish |
| Intel
(INTC) |
|
Bullish |
| Amgen
Inc.
(AMGN) |
|
Bearish |
|
Overall
Sentiment |
Bullish |
|
|
CURRENT
OPEN POSITIONS
Short-term:
1. Bull Debit Call Spread (opened
on 2/09/09 @2.12, rolled on 03/09/09 for
0.34)
Long QAVDB Apr 28 Call
Short QAVDE Apr 31 Call
Net Debit 2.46
2. Bull Debit Call Spread (opened on 11/04/08
and 10/13/08, rolled on 10/16/08,11/12/08,12/18/08,
01/15/09, and 03/30/09)
Long QAVFC Jun 29 Call
Short QQQFJ Jun 36 Call
Net Debit 6.435
3. Debit Call Spread (opened on 04/02/09
@1.60, target 1.80)
Long QAVDC Apr 29 Call
Short QAVDE Apr 31 Call
|
|
| Long-term:
1. Long OZCAC Jan11 55 Call (bought on
9/22/08, 10/14/08, 08/18/08 and 08/18/08,
rolled on 01/08/09, average debit 3.22)
2. Bull Debit Call Spread (bought on 03/24/08
@0.93)
Long WDAK Jan10 37 Call
Short WDAP Jan10 42 Call
3. Long QQQQ stock (bought @49.96 on 6/06/08)
4. Bull Debit Call Spread (bought on 5/21/08,
rolled on 9/24/08, 03/30/09)
Long WDAM Jan10 39 Call
Short WDAR Jan10 44 Call
Net Debit 3.44
5. Bull Debit Call Spread (opened on 1/7/08,
rolled on 2/13/08, 6/19/08, 07/17/08,
12/16/08)
Long WDAM Jan10 39 Call
Short WDAS Jan10 45 Call
Net Debit 5.63
6. Debit Call Spread (opened on 11/29/07,
12/06/07, 12/07/07, 12/21/07 and 08/18/08,
rolled on 01/07/08, 01/28/08, 06/19/08
and 09/25/08)
Long WDAM Jan10 39 Call
Short WDAR Jan10 44 Call
Net Debit 4.80
7. Debit Call Spread (opened on 6/06/08
@2.20, rolled on 6/25/08, 9/23/08 and
3/24/09 for 0.65)
Long QZCAS Jan11 45 Call
Short QZCAX Jan11 50 Call
Net Debit 4.3568 |
|
|
Disclaimer
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