Friday, October 30, 2009

GS, TEVA, DOX, GPRO

GS (178.58 close) the call spread is a little better on your money so I like the 12/180(B) and the 12/185(S) call spread at 2.05 or less. ema cross, stochastics cross, below lower bollinger band and macd rising.

TEVA (50.80 close) I like the 12/52.50 call for 1.05 or less. ema cross, stochastics cross, narrow bollinger bands and macd rising.

DOX (25.59 close) I like the 12/25 call for 1.50 or less. ema cross, stochastics cross, at lower end of bollinger bands and macd rising.

GPRO (42.58 close) I like the 12/45 call for 1.20 or less. ema cross, stochastics cross, below lower bollinger band and macd rising.

Thursday, October 29, 2009

T, KFT

T (26.08 close) I like the 12/27 call but at less than .48. EMA Cross,stochastics cross, macd turning up and narrow bollinger bands.

KFT (26.95 close) I like the 12/27 call but at less than .85. EMA cross, stochastics cross, & narrow bollinger bands.

Wednesday, October 28, 2009

SFY, CPB

SFY - I like the SFY (22.43 close) 12/22.50 call but at less than 1.90. EMA cross, Stochastics cross and macd turning up. Involved in onshore oil and gas properties.

CPB - I like the CPB (32.05 close) 12/32.50 call but at less than .60 EMA cross, Stochastics cross, macd turning up and narrow bollinger bands. Campbell Soup.

Tuesday, October 27, 2009

NOC

I like the NOC ( 50.64 close) 12/50 call but less than 2.00. 50 day MA cross, stochastics turned up, macd turned up and trend is up. Received Army contract of 6.2 m.

Monday, October 26, 2009

CSGP

I like the CSGP (41.03 close) 12/45 call but for less than .40. Now at support, crossed its 50 day ma, stochastics turned up and just outside the lower bollinger band. They provide business services to the commercial real estate industry.

Friday, October 23, 2009

AMP

I like the AMP 12/40 call but at less than 1.40. Shows bull flag, stochastics turned up, macd rising and hammer candle. Also beat earnings and upgraded

Thursday, October 22, 2009

PNRA

I like the PNRA 12/55 put but at less than 3.10. Had an EMA cross, DMI cross and has two black bars and one more would be 3 crows. It reports earnings on 10/27

Wednesday, October 21, 2009

TEVA, AMGN

I like the AMGN 12/57.50 put but at less than 2.19. Yesterday crossed it's 50 day ema, dmi cross and macd turned down.

I like the TEVA 12/52.50 call but at less than 1.20. Yesterday crossed it's 50 day ema, dmi cross, stochastics turned up and trend is up.

Tuesday, October 20, 2009

SOHU

I like the SOHU 12/70 call (B) and the 12/75 call (S) spread at <1.90.

It had an 8% pop yesterday and crossed the 50 day ma. +d1 crossed -d1, stochastics turned up, macd turned up and it now has 2 white candles and going for a third (three advancing soldiers).

Monday, October 19, 2009

CHL, BDX

I like the CHL 12/45 put but at <.65. CHL showing a bear flag (10/16) falling MACD and falling stochastics.

I like the BDX 12/70 call but at <1.95. Narrowing Bollinger bands, +D1 crossed - D1 and a crossing of the 50 day ma.

Friday, October 16, 2009

AZN

I like AZN 11/45 call@<1.45. Spin top formation, narrow bollinger bands, above MA & Japan approved their Symbicort Turuhaler. I think it has more upside.

Thursday, October 15, 2009

MICC, ATK

I like MICC 11/75 buy and 11/80 sell call spread but closer to 1.70 or less. Chart shows continuation wedge bounced up off the trendline. I think there is more upside and they report earnings 10/20.

I like ATK 11/75 buy and 11/80 sell call spread but closer to 2.20 or less. Just crossed its 50 day ma, dmi cross also, bollinger bands are tightening and stochastics turned up.

Wednesday, October 14, 2009

AAPL, AZO, SHLD

I like AAPL 11/190 buy and 11/185 sell put spread for 1.95 or less. Spin top, descending triangle, shooting star on 9/25 and bear engulfing on 10/8.

I like AZO 11/140 put for 2.30 or less. Hang man on 10/7 and crossed ma.

I like SHLD 11/70 call for 2.90 or less. Symetrical triangle on 10/8 and crossed ma.

Friday, October 9, 2009

POT, HUM, NTES

I like POT 11/95 call at 3.75 or less. It's in a trading range up to 96 and just crossed it's 50 day moving average.

I like HUM 11/35 put at 1.85 or less. It's showing a descending triangle and just crossed it's 50 day moving average.

I like NTES 11/40 put at 2.05 or less. It's showing a descending triangle and just crossed it's 50 day moving average.

Thursday, October 8, 2009

INTU

INTU - I like the 11/27.50 Put but not at the bid/ask. I would prefer to pick it up at =<.80. Has not broken trendline (resistance). Other technicals look like another drop below 27.50.

Wednesday, October 7, 2009

JNJ

I like the JNJ 11/60 call but not at the bid/ask. Prefer to buy at 1.30 or less. Bounced off the 50 day moving average and bounced off the trendline. Other technicals look good.

Monday, October 5, 2009

Green Shoots - Where?

Consumer confidence falls to 53.1 down from 54.5 in August and below 57.0 consensus. The consumer is unsure of the short term outlook and their income status. What effect will that have on Holiday sales, auto and housing sales?

Investor confidence - State Street's investor confidence fell to 118.1 from 122.8 in August (which was a 5 year high).

FDIC - deposit insurance fund has fallen into the red for only the second time in it's history (1st was in 1991 during the S & L crisis and the RTC).

The rich can't carry the country so the Government must cut spending or raise taxes on more than rich people, maybe just about everyone.

Saturn closing and cutting 13,000 jobs and 350 dealerships.

New jobless claims up 17,000 to 551,000.

Auto Sales down after clunker program is over. GM down 45%, Chrysler 42% and Ford down 5.1%

Where are the green shoots?

Friday, October 2, 2009

AMZN

I like the AMZN Put Spread of 11/90(Buy) and 11/85 (Sell) but not at the bid / ask. I would prefer to pick it up at 1.70 or less. Technicals look like it is ready to drop and Nov gives you enough time to get out.