Markets are celebrating first drop in unemployment rate since April of 08....to 9.4%..which caught everyone by surprise...Wall St loves surprises like that......as everyone was expecting a jump to 9.7%....
S&P 500 is trading @ new 09 high...so much for double top in S&P 500 @ 1005.....there is a good chance that now we head to 1050 in S&P 500......Dow also jumped to 09 high today !!!!
Gold Down $2.40
Oil UP 16 cents
Canadian $ is taking a hit Down 58 tick as Canadian Job loss was higher than consensus....
In my portfolio :
Sold RVBD
Bought 40% more POT @ $98.43.....
Portfolio is highly concentrated POT,SOL,RIMM......
@ 12.12 following stocks are strong in my watch list :
RIMM,RVBD,AAPL,JNPR,BAC,C,CTRN,LULU,
NDAQ,WYNN,MA,BIDU,LVS,NYX,FSLR,ISRG,
ICE,FWLT,TLM,AMZN,GOOG,GE,NVDA.
BLOG does NOT give buy or sell.
Saleem
4 comments:
SALEEM
And fellow bloggers
Question should I close out the coverd $13 calls on GE stock expires Aug 21? It looks like GE is off to $15, who would have thought that could happen!
comments I could swap out tio the $GE $15's or just let it get called away.
Hi Madmax,
My suggestion.....leave GE call until expiry...if it is called then it is called....
Saleem
Hi Madmax,
I've got the $14 calls on GE. Past prime now but we have some time to go. A pull back might be coming before expiration. How could you swap to 15's????? I'll just let mine get called away then buy them back later.
Best Regards
Hello to all
Standards
I thought that I might buy calls to close the position and then sell covered call at $15, I am not susphesficated enough to do more than that.
I would close a positioned and then sell coved calls on the next one out like $15, Where I would buy $15 covered calls but there is not much money in the $15 I am so surprised about the run!
Regards
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