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Jack Haddad
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Jack Haddad
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  • Market's resiliency will once again be tested
    The monthly support of 9810 on the DOW will be a key level.  As long as we close above it in the upcoming days, the short-term trend will remain intact.   Selling is very orderly-- which makes buying the dips a very good idea.
    Oct 16 10:44 AM | Link | Comment!
  • YHOO is undervalued relative to the market's rally

    At 16.50/share, shares have found a 6-month support of a rock solid 15.50.  I recommend buying shares at current levels and writing either Nov strime 16 or 17 calls.  Strike 16 pays 1.24/contract which hedges your downside to 15.41/share while pocketing an intrinsic time value of 1.24/contract.  Not a bad monthly return


     

    Disclaimer: MD Capital Management does not own YHOO

    Tags: YHOO
    Oct 16 10:37 AM | Link | Comment!
  • Bought AMLN and wrote Nov strike 12.50 calls.
    Purchased shares at 13.50 and wrote calls at 1.72/contract.  Shares have stabalized and found a nice support after testing 11.85 last month.  The upcoming FDA ruling in 2 months on Byetta diabetes medication should be very interesting.

    Disclaimer:  MD Capital Management owns AMLN
    Tags: BMY
    Oct 08 1:59 PM | Link | Comment!
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  • Market technicals: I'm accumulating both QID and DXD as the DOW and nasdaq look tired. We have not been able to surpass 10479.
    Dec 23, 2009
  • Amln: today's pullback is a great entry hedged by writing Jan 12.50 calls. Last week's results of Byetta far exceeded epxectations.
    Dec 23, 2009
  • QID: added more to my core position at 20.48. Nasdaq is topping out and is tiring.
    Dec 11, 2009
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