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3/12/10 Weekly Wrap POT, GOOG, RIMM

|Includes: BB, GOOG, Nutrien Ltd. (NTR)

The market had another strong week.  Financials and techs kept the market higher.  Nasdaq continued to plow higher and SPX closed right at 1150; well, 1149.99!  We also had a great week, with 100% of the closed trades in the GR$$N  We closed out a +87% winner on RIMM early in the week and scored a +205% gain on GOOG.  To top it off, POT got a nice pop on Friday as it raised its profit outlook.  We locked in some profits on POT with just 2 days into the trade, for a +82% gain:

March 12, 2010
06:37 | HappyTrading POT ($126.65) Sold to Close 04C120 Apr 120 calls, at $10.00 +82%

March 11, 2010
08:09 | HappyTrading GOOG ($582.50) Sold to Close 03C570 Mar 570 calls, at $16.80 +205%

March 10, 2010
12:58 | HappyTrading GOOG ($577.40) Sold to Close 03C570 Mar 570 calls, at $12.50 +127%
09:13 | HappyTrading WYNN ($71.65) Sold to Close 03C70 Mar 70 calls, at $2.60 +30%
06:55 | HappyTrading RIMM ($74.78) Sold to Close 03C70 Mar 70 calls, at $5.00 +87%

March 08, 2010
08:00 | HappyTrading RIMM ($72.80) Sold to Close 03C70 Mar 70 calls, at $3.70 +38%
07:43 | HappyTrading RIMM ($72.40) Sold to Close 03C70 Mar 70 calls, at $3.35 +25%

The Market Forecast (click here to see) for this past week was right on again!  I'll be back tomorrow with next week's Market Forecast.  Stayed tuned!

Hope you're having a fun Saturday!
Good night and HappyTrading! ™