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  • Weekly Wrap-Up, Happy Chinese New Year! MA, NFLX, RVBD, GMCR, QCOM  0 comments
    Feb 5, 2012 12:47 PM | about stocks: MA, NFLX, RVBD, GMCR, QCOM

    Happy Chinese New Year! It's Year of the Dragon, the most revered and auspicious creatures of the Chinese Zodiacs!

    So far, the market has been really strong to start this Year of the Dragon. We had another really nice week of trading with nearly all of the trades in the GR$$N, with two overnight triple-digit gainers in Ecstatic Plays:

    • 08:33 | HappyTrading MA ($338.50) Sold to Close 0127P340 Jan 340 put, at $6.20 +59%
    • 07:03 | Ecstatic Plays NFLX ($102.70) Sold to Close 97.5 Jan 98 calls, at $5.50 +147%
    • 06:48 | Ecstatic Plays RVBD ($29.50) Sold to Close 01C27.5 Jan 28 calls, at $2.05 +105%
    • 06:45 | Ecstatic Plays RVBD ($99.43) Sold to Close 01C27.5 Jan 28 calls, at $1.98 +98%
    • 06:44 | Ecstatic Plays NFLX ($100.85) Sold to Close 01C97.5 Jan 98 calls, at $4.25 +91%
    • 12:45 | HappyTrading GMCR ($51.30) Sold to Close 01C50 Jan 50 calls, at $1.85 +6%
    • 09:58 | HappyTrading QCOM ($57.85) Sold to Close 01C55 Jan 55 calls, at $2.90 +64%
    • 07:25 | Ecstatic Plays BIDU ($127.80) Sold to Close 01C130 Jan 130 calls, at $0.95 -50%
    • 09:47 | HappyTrading QCOM ($57.37) Sold to Close 01C55 Jan 55 calls, at $2.40 +36%

    (to subscribe to our Premium Services, please visit our Services Page or CLICK HERE to watch a step-by-step instructional video)

    The coming week will be a little unusual as many of the Asian markets will be closed, for at least 2 or 3 days, for the lunar new year. On the US side, more earnings are pouring in, and, we'll have the Fed's rate decision, plus GDP at the end of the week.

    I'll be back later on this evening with my weekly Market Forecast.

    恭禧發財

    Gong Xi Fa Cai! (click on the link to learn what it means and how to say "Happy New Year" in Chinese) and HappyTrading!

    Sign up for FREE membership!

    Themes: 恭禧發財 Stocks: MA, NFLX, RVBD, GMCR, QCOM
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