(demo)
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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
| 1. Bull Debit Call
Spread (opened on 1/28/09 @3.00, rolled
on 03/19/09 for 0.93)
Long SZCDW SPY Apr 75 Call
Short SZCDC SPY Apr 81 Call
Net Debit 5.63
2. Bull Debit Call Spread (opened on 2/09/09
@2.12, rolled on 03/09/09 for 0.34)
Long QAVDB QQQQ Apr 28 Call
Short QAVDE QQQQ Apr 31 Call
Net Debit 2.46
3. 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 QQQQ Jun 29 Call
Short QQQFJ QQQQ Jun 36 Call
Net Debit 6.435
4. Debit Call Spread (opened on 04/02/09
@1.60, target 1.80)
Long QAVDC QQQQ Apr 29 Call
Short QAVDE QQQQ Apr 31 Call
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Complete List of Closed
Trades (in PDF format):
• Spreads
|
|
MOST RECENT RESEARCH NOTES
(in PDF format)
March
2009 |
February
2009 |
January
2009 |
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Disclaimer
OptionSmart.com (Stock Markets Institute) obtains information from sources deemed to be reliable. However,OptionSmart.com (Stock Markets Institute) does not guarantee the accuracy of any of the information or commentary provided. OptionSmart.com (Stock Markets Institute) makes no warranties, expressed or implied, as to the fitness of the information for any purpose, or to results obtained by individuals using the information. In no event shall OptionSmart.com be liable for direct, indirect, or incidental damages resulting from the use of the information. OptionSmart.com (Stock Markets Institute) shall be indemnified and held harmless from any actions, claims, proceedings, or liabilities with respect to the information and its use. OptionSmart.com (Stock Markets Institute) does not make specific trading recommendations or provide individualized market advice. The information contained in its products is provided as an information service only.
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