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More Profits From Ecstatic Plays! NFLX, GS, UPS, STX, WDC, ZUMZ, LULU, CMG, MA, V, APKT, FFIV, CRM, VMW, MU, JOY, CAT

|Includes:CAT, CMG, GS, JOY, LULU, MA, MU, Netflix, Inc. (NFLX), STX, UPS, V, WDC, ZUMZ

The market was flat today.  After Tuesday's mild rally, the market took some time to consolidate.  We scored more intraday doubles with our new service, Ecstatic Plays.  Yesterday, we got into GS weekly 95 calls, and cashed out with a +108% gain a few hours later.  Today, as NFLX started to gain momentum, we got into NFLX weekly 75 calls, and came away with a +114% profits just one hour later.  Here are some of the profits that we took on Tuesday and Wednesday:

  • January 04, 201
  • 09:57 | Ecstatic Plays NFLX ($76.38) Sold to Close 0106C75 Jan 75 calls, at $2.35 +114%
  • 07:46 | HappyTrading UPS ($73.85) Sold to Close 01C72.5 Jan 73 calls, at $2.00 +33%
  • January 03, 2012
  • 11:59 | HappyTrading GS ($96.40) Sold to Close 01C95 Jan 95 calls, at $4.00 +45%
  • 11:58 | Ecstatic Plays GS ($96.40) Sold to Close 0106C95 Jan 95 calls, at $2.25 +108%
  • 11:09 | Ecstatic Plays GS ($96.00) Sold to Close 0106C95 Jan 95 calls, at $2.05 +90%
  • 11:03 | HappyTrading UPS ($74.80) Sold to Close 01C72.5 Jan 73 calls, at $2.74 +83%

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MA was downgraded to "neutral" from "buy".  Its shares fell more than $12.  V also fell 1.79%.  CMG was upgraded to "buy", sending its shares up $7.48.  LULU was added to "conviction list" by Goldman Sachs.  Its shares gapped up and glided higher throughout the day, ended up +8.76% for the day.  After market, STX gave strong guidance for Q2 and Q3.  Its shares jumped +7.55%.  WDC benefitted from the news, adding +3% in after-hours trading.  ZUMZ announced a solid quarterly report with better-than-expected guidance.  Its shares vaulted more than +10%!

The Dow was up 21.04 points; SPX added 0.24 point; Nasdaq slide 0.36 point:

Most sectors were flat today.  GLD (gold) was slightly up, while SLV (silver) fell again.  UNG (natural gas) added +3.86% while USO (oil) stayed flat.


SPX added 0.24 point to close at 1277.3.  Its daily MAs and MACD were up slightly.


Nasdaq slid 0.36 point to close at 2648.36, below 2650.  Its daily MAs and MACD glided higher.

The market took a breather today to consolidate, perhaps pausing ahead of the latest jobs data due later this week (jobless claims tomorrow and unemployment rate on Friday).  Investors cheered better economic data from Europe and China yesterday.  The market is trying hard to break higher.  However, Nasdaq is still relatively weak.  The "cloud" stocks have been shuned by investors since ORCL's report last month.  APKT cut its 2011 sales and profit forecast; its shares plunged almost 20%!  FFIV, CRM, and VMW were all hit by the news, with CRM sinking 3.68%.  For a good part of 2011, these "cloud" stocks were leading the techs.  Now, the techs will need to see some new leaders.  MU has been strong so far this week.  We'll continue to watch the semiconductors closely.  Nasdaq will need a lot of help to break out its range.  On the other hand, for the broader market, financial and energ stocks seem to be drawing buyers back in.  Coals stocks stayed strong today.  JOY and CAT may be ready to break out.

Good night and HappyTrading! ™

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