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  • August 2014 Monthly Wrap-Up: UTHR, AMZN, CLVS, JKS, RGLD, GOOG, CTRP

    Happy Labor Day weekend!

    Markets pushed higher again in August, with both the Dow and SPX closing at new all-time highs! Nasdaq is also at a height not seen for more than a decade. Last week, we had some really nice trades, including a +131% on CLVS calls and a +156% profit on UTHR (intraday, only 17 minutes!) calls. Here are the closed trades in August:

    • 08:23 | HappyTrading UTHR ($117.48) Sold to Close 09C105 Sep 105 calls, at $12.80 +156%
    • 08:00 | HappyTrading SPY ($200.10) Sold to Close 0912P200 Sep 200 put, at $1.30 -10%
    • 07:31 | HappyTrading SCTY ($68.90) Sold to Close 09C70 Sep 70 calls, at $2.60 -52%
    • 07:03 | Ecstatic Plays AMZN ($341.50) Sold to Close 0905C340 Sep 340 calls, at $4.60 -28%
    • 12:34 | Ecstatic Plays CLVS ($50.00) Sold to Close 09C45 Sep 45 calls, at $6.00 +131%
    • 12:28 | HappyTrading AMZN ($343.70) Sold to Close 09C335 Sep 335 calls, at $12.90 +61%
    • 09:02 | Ecstatic Plays LULU ($41.87) Sold to Close 09C40 Sep 40 calls, at $3.15 +34%
    • 08:58 | Ecstatic Plays CLVS ($48.70) Sold to Close 09C45 Sep 45 calls, at $4.80 +85%
    • 08:48 | HappyTrading AMZN ($342.70) Sold to Close 09C335 Sep 335 calls, at $12.20 +53%
    • 07:58 | HappyTrading GS ($179.39) Sold to Close 09C175 Sep 175 calls, at $5.25 +42%
    • 07:53 | HappyTrading JKS ($29.75) Sold to Close 09C27 Sep 27 calls, at $3.50 +67%
    • 07:06 | HappyTrading GS ($178.70) Sold to Close 09C175 Sep 175 calls, at $4.80 +30%
    • 08:19 | HappyTrading CRM ($60.40) Sold to Close 09C55.5 Sep 56 calls, at $5.30 +18%
    • 08:03 | HappyTrading FSLR ($70.10) Sold to Close 09C70 Sep 70 calls, at $2.90 -12%
    • 07:51 | Ecstatic Plays RGLD ($74.70) Sold to Close 09P77.5 Sep 78 put, at $3.80 +77%
    • 08:44 | Ecstatic Plays IOC ($61.90) Sold to Close 09C60 Sep 60 calls, at $3.05 +33%
    • 08:21 | Ecstatic Plays RGLD ($76.50) Sold to Close 09P77.5 Sep 78 put, at $2.80 +30%
    • 07:14 | Ecstatic Plays KORS ($82.00) Sold to Close 09C80 Sep 80 calls, at $3.50 +13%
    • 07:09 | HappyTrading FAS ($103.00) Sold to Close 09C100 Sep 100 calls, at $4.80 +33%
    • 07:50 | HappyTrading FAS ($102.00) Sold to Close 09C100 Sep 100 calls, at $4.30 +17%
    • 06:51 | Ecstatic Plays TSLA ($265.00) Sold to Close 0822P260 Aug 260 put, at $2.67 -52%
    • 09:03 | Ecstatic Plays WYNN ($199.00) Sold to Close 0822P200 Aug 200 put, at $3.50 +26%
    • 08:05 | HappyTrading TLT ($118.00) Sold to Close 09C116 Sep 116 calls, at $2.70 +47%
    • 06:55 | HappyTrading TLT ($117.05) Sold to Close 09C116 Sep 116 calls, at $2.10 +14%
    • 08:26 | HappyTrading JKS ($27.70) Sold to Close 09C27 Sep 27 calls, at $2.60 +24%
    • 06:45 | HappyTrading GRMN ($55.65) Sold to Close 08C65 Aug 65 calls, at $0.80 -59%
    • 06:34 | Ecstatic Plays YELP ($73.80) Sold to Close 08C72.5 Aug 73 calls, at $2.10 -66%
    • 06:33 | Ecstatic Plays GOOG ($577.20) Sold to Close 08C570 Aug 570 calls, at $7.70 +88%
    • 08:39 | HappyTrading PSX ($82.50) Sold to Close 08C82.5 Aug 83 calls, at $0.50 -58%
    • 08:17 | Ecstatic Plays GLD ($126.57) Sold to Close 08C127 Aug 127 calls, at $0.51 -81%
    • 07:30 | Ecstatic Plays CTRP ($68.48) Sold to Close 08C65 Aug 65 calls, at $4.10 +60%
    • 07:18 | Ecstatic Plays TLT ($116.25) Sold to Close 08C114 Aug 114 calls, at $2.35 +15%
    • 06:48 | HappyTrading WYNN ($195.30) Sold to Close 08C197.5 Aug 198 calls, at $4.80 +12%
    • 09:20 | Ecstatic Plays VXX ($34.00) Bought to Open 08C33 Aug 33 calls, at $2.18 EXPIRED
    • 08:18 | HappyTrading SCTY ($75.70) Sold to Close 08C72.5 Aug 73 calls, at $6.60 +19%
    • 10:48 | Ecstatic Plays JAZZ ($146.00) Sold to Close 08C150 Aug 150 calls, at $2.60 +18%
    • 09:35 | HappyTrading WHR ($145.80) Sold to Close 08P145 Aug 145 put, at $1.85 -35%
    • 08:54 | Ecstatic Plays JAZZ ($149.30) Sold to Close 08C150 Aug 150 calls, at $3.70 +68%
    • 08:31 | Ecstatic Plays FDX ($145.65) Sold to Close 08P145 Aug 145 put, at $1.50 +1%
    • 07:53 | HappyTrading UNH ($81.50) Sold to Close 08P85 Aug 85 calls, at $4.09 +30%
    • 08:53 | Ecstatic Plays NFLX ($412.50) Sold to Close 0808P415 Aug 415 put, at $9.20 +31%
    • 08:22 | Ecstatic Plays WFM ($38.00) Sold to Close 08C37.5 Aug 38 calls, at $1.15 +15%
    • 08:00 | Ecstatic Plays NFLX ($417.60) Sold to Close 0808P420 Aug 420 put, at $8.60 +15%

    (to subscribe to our trade alerts, please visit our Services Page or CLICK HERE to watch a step-by-step instructional video. If you'd like to get a 2-week FREE trial of our services, please email us at: support@myhappytrading.com. Thank you!)

    It's Labor Day today, so the US markets are closed. We'll take a detail look at where the markets are in preparation for the new week in my weekly Market Forecast.

    Good night and HappyTrading! ™

    Sign up for FREE membership!

    Tags: UTHR, AMZN, CLVS, JKS, RGLD, GOOG, CTRP
    Sep 01 5:07 AM | Link | Comment!
  • SPX 2000, BTK 3100, What About Nasdaq 5000? SPX, Nasdaq, AAPL, IBB, AMGN, ITMN, ILMN, MDVN, LLY, VRTX, CLVS, INCY, LNKD, NFLX, YELP, TWTR, FB, PCLN, GOOG

    Today, SPX managed to close just above 2000! Biotechs continue to attract investors as they speculate on what/when the next merger is! Over the weekend, Roche announced a $8.3 billion deal to buy ITMN, or at $74/share a 38% over Friday's closing price! Biotech stocks have been really strong this week, pushing the biotech index to above 3100. IBB, the Nasdaq biotech ETF, vaulted to a new all-time high! AMGN and GILD have been on fire!! BIIB has been kind of quiet and could see a new breakout soon! I also like VRTX, MDVN, LLY, INCY, and ILMN. VRTX looks especially good!

    We locked in profits from some nice trades in the past 2 days, including a +131% gain from CLVS Sept calls (Our "Ecstatic Plays" have been doing exceptionally well lately!), and an overnight +61% win from AMZN Sept calls. JKS Sept 27 calls was a patient play, even though JKS took a quick fall after earnings:

    • 12:34 | Ecstatic Plays CLVS ($50.00) Sold to Close 09C45 Sep 45 calls, at $6.00 +131%
    • 12:28 | HappyTrading AMZN ($343.70) Sold to Close 09C335 Sep 335 calls, at $12.90 +61%
    • 09:02 | Ecstatic Plays LULU ($41.87) Sold to Close 09C40 Sep 40 calls, at $3.15 +34%
    • 08:58 | Ecstatic Plays CLVS ($48.70) Sold to Close 09C45 Sep 45 calls, at $4.80 +85%
    • 08:48 | HappyTrading AMZN ($342.70) Sold to Close 09C335 Sep 335 calls, at $12.20 +53%
    • 07:58 | HappyTrading GS ($179.39) Sold to Close 09C175 Sep 175 calls, at $5.25 +42%
    • 07:53 | HappyTrading JKS ($29.75) Sold to Close 09C27 Sep 27 calls, at $3.50 +67%
    • 07:06 | HappyTrading GS ($178.70) Sold to Close 09C175 Sep 175 calls, at $4.80 +30%

    (to subscribe to our trade alerts, please visit our Services Page or CLICK HERE to watch a step-by-step instructional video. If you'd like to get a 2-week FREE trial of our services, please email us at: support@myhappytrading.com. Thank you!)

    The Dow was up +29.83 points; SPX added +2.1 points; Nasdaq gained +13.29 points:

    BTK (biotech) continued to lead the sectors. FDN (internet) was strong as well. XME (metals and mining) was up +1.69%.

    SPX

    SPX gained +2.1 points to close at 2000.02, just above 2000.

    Nasdaq

    Nasdaq added +13.29 points to close at 4570.64. Its daily MAs and MACD moved higher.

    Stocks are really strong! With SPX at 2000, things can probably use a pause. With both SPX and the Dow at new all-time highs, it begs the question, "Will Nasdaq revisit 5000, the high set back in year 2000?" I think it's very likely. Biotech stocks have been pushing higher and higher. AAPL is at a new all-time high and is preparing to release new products. Semiconductors are at their highest levels in more than a decade. Internet stocks are still strong as social networking stocks attract more investors; and, these companies are really making money, unlike the ones during the internet boom back in 2000. TWTR has made a new all-time high. YELP is on the rise again, after the recent drop from false earnings reaction. LNKD and NFLX both are looking to go higher. GOOG and PCLN are lagging a bit this week, but, still strong. FB is about to break out again!

    We'll certainly be watching these stocks as we had just scored a nice trade on AMZN! With biotechs, it may be interesting to trade IBB, as options are moving quite well. From the looks of it, biotechs could continue to go higher!

    Good night and HappyTrading! ™

    Sign up for FREE membership!

    Aug 27 4:32 AM | Link | Comment!
  • Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, ITMN, VRTX, BIIB, GILD, MDVN, ILMN, BMRN, CLVS, MA, V, GS, JPM, WFC, APA, APC, SLB, OXY, NOV

    Stocks continued to push higher this past week. Besides a slight pause on Friday, things looked strong throughout the week. In my Market Forecast last Sunday, I said,

    "For the new week, markets are back in neutral gear, at least to start the week. Friday's late morning quick selloff turned a potential positive signal back to neutral. Markets will likely take cues from the present geo-political events around the world, especial in conflict in Ukraine. Financials will need to show strength for the broader market to stay afloat. SPX will need to stay above that 1940. Above 1960, SPX can turn bullish again. Nasdaq has resistance between 4485 and 4490, above which we could see a breakout."

    Markets were strong right off the bat on Monday. SPX closed above 1970 and Nasdaq closed above 4500! Rest of the week was pretty smooth sailing as market indices glided higher. We made some really nice trades: IOC, KORS, CRM, and FAS calls and a quick overnight +77% gain on RGLD puts:

    • 08:19 | HappyTrading CRM ($60.40) Sold to Close 09C55.5 Sep 56 calls, at $5.30 +18%
    • 08:03 | HappyTrading FSLR ($70.10) Sold to Close 09C70 Sep 70 calls, at $2.90 -12%
    • 07:51 | Ecstatic Plays RGLD ($74.70) Sold to Close 09P77.5 Sep 78 put, at $3.80 +77%
    • 08:44 | Ecstatic Plays IOC ($61.90) Sold to Close 09C60 Sep 60 calls, at $3.05 +33%
    • 08:21 | Ecstatic Plays RGLD ($76.50) Sold to Close 09P77.5 Sep 78 put, at $2.80 +30%
    • 07:14 | Ecstatic Plays KORS ($82.00) Sold to Close 09C80 Sep 80 calls, at $3.50 +13%
    • 07:09 | HappyTrading FAS ($103.00) Sold to Close 09C100 Sep 100 calls, at $4.80 +33%
    • 07:50 | HappyTrading FAS ($102.00) Sold to Close 09C100 Sep 100 calls, at $4.30 +17%
    • 06:51 | Ecstatic Plays TSLA ($265.00) Sold to Close 0822P260 Aug 260 put, at $2.67 -52%

    (to subscribe to our trade alerts, please visit our Services Page or CLICK HERE to watch a step-by-step instructional video. Don't forget to check out the "Buy-one-get-one-FREE" deal! If you are trying to sign up for a FREE Membership, but, cannot; this means that we have placed our membership on an "invitation only" basis. Please email us at: help@myhappytrading.com and, we'll send you an invitation. Thank you!)

    For the week, the Dow added +338.31 points; SPX added +33.34 points; Nasdaq gained +73.62 points. Gold fell further to below $1280/ounce; oil also dropped, closing below $94/barrel. At the time of this writing, Asian markets were mixed. Let's take a look at how the US markets closed on Friday:

    SPX

    On Friday, SPX slid 3.97 points to close at 1988.4. Its daily MAs and MACD are little changed.

    Nasdaq

    Nasdaq added +6.45 points to close at 4538.55. Daily MAs and MACD went slightly higher.

    Both SPX and Nasdaq pushed above recent highs. Nasdaq appears to be especially strong. For the new week...

    To read the rest of this article, please subscribe to HappyTrading "Premium Articles" by going to the Premium Services (click here) page. If you are already a subscriber, please click here: Market Forecast 8/23/2014.

    Tags: ITMN, VRTX, BIIB, GILD, MDVN, ILMN, BMRN, CLVS, MA, V, GS, JPM, WFC, APA, APC, SLB, OXY, NOV
    Aug 25 4:56 AM | Link | Comment!
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