Ah, so all it was was a bad bit of HTML in my original post for the weekend. Not the sort of thing I was able to work out on my laptop but quickly handled at the control center!
This was a very strong market day again with oil and commodities causing so much trouble but I didn’t like the action as CAT had amazing earnings and good guidance but couldn’t catch a break all day.
Still, all in all it’s just great that we didn’t melt down like Asia and now we have to wait and see how they respond to the US market resilience tonight.
Oil had a decent pullback but still to $73 which is quite a lot higher than we started last week with. Gold dropped to $623 but gold stocks are not crashing as we are starting to accept $600 may be a new long-lasting level.
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SUNW’s revenues are up and they are rocketing in after hours as a reward for not losing as much money as people thought but we’ll see if it holds because the reality is that the company really does not have great long-term prospects.
UNH may be getting away from us, quickly recovering from a .50 opening drop. Some of the fear factor is coming out of the May $50s and they are already $1.70 (up 15%) but it’s very hard to trust this stock!
MS also ran straight up but has a long way to go ant the May $65s are now $1.55 (up 10%).
BEAV had earnings that were the blow-out of a blow-out and the May $25s are now $4.50 (up 200%) and should be rolled into the $30s for .90, taking the 110% remaining profits off the table and stopping out at .45 for now less than 170% profit.
AIR gapped up too as I am not the only person who sees them as a group buy with BA. The May $25s are now $4.40 (up 50%).
TIE gapped up yet again and had a 7% day running the May $55s all the way to $14.70 so please take some of the $12.40 profit off the table!!!
ATI has been lagging our group of Boeing super friends (which is why we didn’t pick them on the 11th), but not by much, so I like the July $80s for $4.70 but with little tolerance for loss if you are looking to roll forward profits from one of the other plays.
BAY gapped up today but I don’t know why so I’m setting a tight stop on the Sept $40s as they are now $4.60 (up 80%).
What an odd day for NAK to gain 4.5%. I haven’t got a clue why but, like I said, this is a long long term investment.
I wish I was there today to buy more PFE Jan $27.50s on that dip! Heck today I like the $25s for .30 (just a .50 premium). See how it pretends to go down but then flies up. It might be best to let it break $25 just to be sure but then you may as well wait for the 50 dma of $25.60 so it never ends:
http://finance.yahoo.com/q/bc?s=PFE&t=1d
SBUX keeps getting soundly rejected around $39.50 so I am getting concerned (ie. tight stops).
T was being held down by options as it gapped open to $25.60!
