Category: General
-
Are You Prepared for Next Move?
We are entering into a week full of heightened expectations. Though there have been many similar weeks during last 19 summits since Euro crisis started, this is especial as stakes are high. As we approach Sept 12 and 13th, some traders and investors around the world might be thinking “Will there be QE3? Should I…
-
Solid Gains from OPNExtra
OP Income Newsletter is focused on income strategies via a diversified portfolio and that has been the basis for almost 5 years now. Last week I introduced a FREE feature for OPN members where buy/sell ideas for short term trading (typically 5-7 days) are provided with spefic profit/exit point everyday. The risk reward ratio is attractive…
-
Can NOKIA LUMIA 900 Turnaround NOKIA (NOK) ?
Before I get in to reviewing whether NOKIA LUMIA 900 will mark a turn around for NOKIA or how is LUMIA 900 vs iPhone, a brief update on OP Income Newsletter performance- As of Thursday April 5th close, our OP Income Newsletter Apr 2012 portfolio is up +7.3% on the maximum investment of almost 73.5%…
-
An Interersting Observation
As of close on March 12, CBOE SKEW index rose almost 15%, yes you are reading it right 15%!!!! all in a day. That’s fairly large gain for a day when NDX was a “0” change..not a point up, not a point below…”ZERO“….S&P500 was +0.22 that’s “1/5th of a point” up, on the other hand…
-
Apple Computers iObscure to iTop of the World
Apple Computers (AAPL) is set to announce, most likely, iPad3 during most anticipated event of the year so far. Almost every mainstream media site has a story to write about Apple computers. Apple fans start forming queues in front of the stores often days in advance, almost in every country around the world. It is…
-
Get Ready
Making predictions is a risky business. As a market participant, the best one can do is to make forecast and assign probabilities. Since my last post, markets have been grinding higher but the pace is slowing down. Nothing significant has been achieved on big picture basis. At times, I think it’s Greece that’s keeping markets…
-
A Powerful Rally, What’s Next?
Inspite of all the negative news in the macro economy, US stock markets are surging and closed either near or above short term reactionary resistance areas. Up volume was strong 85% of up+ down volume and for every decliner there were almost 4 advancer. There were 196 new high and 51 new lows. VIX dropped…
-
A Glamourous Start to Unglamorous 2012
Happy New Year Friends!! I wish all the readers a very successful, happy, healthy and prosperous new year. Arguably, 2012 is expected to be an unglamorous year. Here we are. The first trading day of 2012 started with a bang. Dow rallied 1.45% and S&P 1.5%. Leading the pack was NDX which rose 1.90%. Though…
-
Priceline (PCLN) and Earnings
Priceline (PCLN) did great. The earning trade idea that i shared earlier, delivered excellent results and turned out as expected. Generating roughly $100 for $680 risk i.e. +14.7% gains for 1 day holding period, without taking significant directional risk. Post earnings I also shared two trade ideas with OPN Members. One for a bearish trade…
-
Get Ready
Yesterday was second consecutive 90% down days, another “down days pair” just after a week. Mind it, this “Down day pair” i.e. two 90% down days consecutively is a rare event which indicates oversold state of the markets. In the normal days, a 90% down day is followed by 2-7days of technical rebound. Albeit, ever…