There was a little typo. That should have bee Jan 20 calls. Someone must have listened as the $7 calls for Jan 20th are getting good action today. Now at 21 cents on 589 volume. The June 4's are smoking
I am sort bushed and have limited time the next day or too and I will see what I can come up with. In the mean time I am still in UVE (19.77) for the long term and expect it too keep climbing. I am in MGM (23.42) and like the news today and the potential. Now that we are going to see some rate hikes I really like the financials and I am in BAC (14.86) and VLY (9.55). My oil play is WPX (10.57) that I have traded many times over but you need to wait for a good pull back on oil and the market before playing. Regarding the stocks above I suggest waiting for a market meltdown to get the best prices. Patience pays To expand on that...see how a said stock is reacting to the market.Is it moving as the market moves. If so then it is a good candidate for a bounce when the market bounces. I still recommend at least a two tier buy on most stocks in the type of market we have seen lately. AMD (4.43), my thoughts with chart and support http://stockaholics.net/threads/amd-advanced-micro-devices-inc.39/#post-9742 I am not in IRT (7.80) (took my profits) any more but if you can get in it in the below 7.70 it would be a decent entry
Good pick on UVE I am still holding with some nice profits. I took some profits on AMD but still hold a lot...Keep em coming Tip
As the shorts are all over AMD as expected I am looking at the JAN 20th 5.50 calls. UVE is down on very low volume and offers a good entry price. I stopped out last week on BBD but re-entered as Brazil has offered some relief on the banks. This is still a risky play so have your hard hat on, MGM still running. Expecting BAC is slightly down and expect it to head north some with some market recovery.
I was away from my computer most of the day and have been catching up. Here is what I posted on since I got home. I did leave out ELP that has been on a small run like the other Brazilian stocks below. These are high risk plays due to the environment in Brazil so be careful. AMD - Thoughts and strategy http://stockaholics.net/threads/amd-advanced-micro-devices-inc.39/#post-9936 MGM - Possible breakout http://stockaholics.net/threads/mgm-mgm-resorts-international.154/#post-9930 UVE http://stockaholics.net/threads/uve-universal-insurance-holdings-inc.599/#post-9932 Brazilian Plays SID 7.26% pop http://stockaholics.net/threads/sid-companhia-siderurgica-nacional-adr.421/#post-9928 CIG http://stockaholics.net/threads/cig-companhia-energetica-minas-gerais-adr.856/#post-9927 BBD http://stockaholics.net/threads/bbd-banco-bradesco-s-a.135/#post-9933
Here is some of my postings since the close of Friday and some news for AMD that just came in this morning KTR invites AMD to partner with IMAGE city http://www.thehindu.com/news/cities...to-partner-with-image-city/article8692849.ece AMD with thoughts about Friday's action http://stockaholics.net/threads/amd-advanced-micro-devices-inc.39/#post-10205 SID and a big pop http://stockaholics.net/threads/sid-companhia-siderurgica-nacional-adr.421/#post-10176 BBD with exit price http://stockaholics.net/threads/bbd-banco-bradesco-s-a.135/#post-10192 ELP - clear sky's and a chart http://stockaholics.net/threads/elp-companhia-paranaense-de-energia-copel.137/#post-10274 CIG http://stockaholics.net/threads/cig-companhia-energetica-minas-gerais-adr.856/#post-10275 BAC - The calls I bought http://stockaholics.net/threads/bac-bank-of-america.30/#post-10175 VLY - added to my position http://stockaholics.net/threads/vly-valley-national-bancorp.158/#post-10084 MGM http://stockaholics.net/threads/mgm-mgm-resorts-international.154/#post-10177 UVE http://stockaholics.net/threads/uve-universal-insurance-holdings-inc.599/#post-10178 WPX - added to my position http://stockaholics.net/threads/wpx-wpx-energy-inc.136/#post-10193
Up market and most of my stocks are up led by AMD currently up 5.05% @4.37. BAC and VLY making a nice rebound and those BAC calls looking good this morning. 3 of the 4 Brazilian stocks up. Keep in mind when Yellen speaks today it could change the complexity of everything, up or down
Nice to have a Monday rally and I had two runners today with WPX and AMD followed by all of the Brazilian plays and a handful of others. It was odd that S was down all day to finish up when when there was a slight market sell off and getting closer to my exit price on 1/4 of my position. Looking at the strong volume on WPX my exit price is getting closer @11.25 but I may fine tune before execution
AMD came out the gate strong this morning soaring to 4.67 which put it over a 10% gains since yesterday and now starting to sell off and now at 4.53, up .06. The Brazilian plays are led by BBD up over 2% at 6.94. Even with oil up again WPX selling off on profit taking and currently 10.85 down .12 Hoping to take some profits on S today if it can break $4
CIG SID BBD and ELP are on fire this morning. AMD is down 2.24% on most likely some shorting. I took some profits on WPX this morning @11.50. Still looking to take some profits on S.
Thanks Chris, it just kept getting better. Even the little sell off on AMD was on low volume and buyers starting coming near the close only losing 5 cents @4.46. I also took some profits on WPX before it dropped from the highs My best movers today
No all my positions are different. I have much more money invested in MGM with my biggest investment that is in T with a handful of longs in between. The ones I listed below are swing plays but still enough invested to bring home some good profits. WPX is the one swing/long plays that I have put bigger money into and I think today's sell was #8 on WPX
Brazilian play giving up some the gains from this weeks run. It appears AMD is being shorted more than a sell off. I will wait to see how red the day gets before making any buys.
