NewsLetter Example

For the week IWM was able to sneak out a 2% gain, SPY added 1.4%, QQQ 1.93% & INDU lagged adding just .76%.  The VIX fell almost 7% as the market attempts to decipher what comes next.  Overall it was a fairly wild week with some pretty large swings most notable was Friday's 2.50 point Friday range.  QQQ made new 52 week highs and SPY & QQQ have bullish MACD crosses forming and overall the tape leans bullish but we continue to fail to close above the 50 day on SPY and we cannot hold rallies so it is a bullish tape that is walking on egg shells in my opinion.  Primarily I am day trading and the action has been pretty good to be honest especially trading beta names LNKD GOOG PCLN FB AAPL NFLX etc... These are my go to names that I trade daily while seeking out other opportunities and the newsletter did provide a lot of opportunities last week I missed a bunch of them but I was able to get in UNH AKAM MA and a few others.  Lets see what the tape brings next week.

The weekend letter will have a lot of ideas, some of which need some time to set up but its more of ideas for the week rather than just ideas for the following day.  If that makes sense...

ACAD bios not really my thing but this is setting up well here with a bullish MACD cross and RSI and price moving higher although on Friday each flat lined like many did. Watching 21.70-21.85 area.

 ADP continues to be one of my favorite set-ups and good volume on Friday to get through the first hurdle I have no position yet but am looking to get involved through 73.83-74

 APA was on our list last week as a momentum play and same here I will take a look through 87.36 possibly just for a scalp.

 ARMH another one of my favorites into this week SEMI's been moving really well last week, and should continue to exhibit strength and this one has a nice launching pad here with a huge volume pocket watching opening range highs, red to green, 42.34 break 42.89 break all different scenarios ill be watching.  It will have a screen on Monday.

 CELG still watching the 150 break probably needs a few days.

 Nice set up here quick test of rising 10 day and held and rallied right back to resistance so looking for a break.  Just look at the volume in this the past two weeks, chances are it wants higher.

 CTRP some negative divergences here so it needs to set up early in the week and then break out middle or later stages of the week, but worth a look as it has worked off extreme over sold conditions and has had successful 10 & 20 day tests in the past few weeks.

 DNKN love this set up RSI running back through median line bull MACD cross volume picked up on Friday, watching Fridays highs 43.70 area.

 DOV decent volume on Friday as it tried to break out, but market pulled it in looks higher to me one to watch.

 FCX is days if not weeks away here but its worth an alert because if these names start running they can go hard and fast.

 Watching 61.60.

 Momentum play here would most likely just be a scalp through 21 area.

 INTU looking to snap the downtrend watching Fridays highs.

 JPM love this one too watching Fridays highs 52.71, I am also interested red to green if that present itself.  Friday saw options traders nail the 52.50 calls from .08 to .56 a tad disappointed I didn't dabble but its okay was busy with FB & LNKD.

 LVS you can basically take any of the casino names and they look great so going to look for continued strength and it is definitely a group to have on watch this week.  MPEL WYNN MGM CZR etc...

 Watching Fridays highs has a good look and wants to go higher.

 Another one probably a few days away but watching new highs break.

 NUAN activist investor AAPL event bullish MACD cross RSI moving higher on watch for the 20 break.

 QLIK noted bullish call buying last week volume is moving in late last week as it tried to break out watching the 35-35.13 area.

 SNI right at short term broken trend resistance and then 52 week high break really does set up well here with all momentum indicators shaping up bullish.

 XRAY another one of my favorites into the coming week RSI running MACD bull cross big volume bar break out possible watching the 43.10 area to get involved.

Options Flow:

3000 Oct 43 calls while a sizeable play there is just too much work to be done here for my liking.

AZN Oct 52.50 calls 3,000 also smaller size oct 50 calls ran 4x avg call buying all offer side action.  Needs to clear 50 really before one could start looking for a long biased trade in my opinion.

FOSL Shares continue to look weak and now closed below the 50 day and prior resistance now support was breached trade comes in for 2,000 Oct 110/100 put spreads for 2.60.  EPS is 11/5 so this play does not include that.  Missed the 50 day break so going to watch the 110 area , but this certainly looks lower and the 107-108 is going to be a big area of support that will need to hold.

KOG off to the races and running on the daily, and the weekly shows the 10.90-11 area as the next hurdle traders expecting that to snap and run into year end with over 10,000 Dec 12 calls bought running 6X daily average.  Net Delta +496K sinifigant positioning for this name and something I am interested in eyeing the 10.90-11 break to get invovled.

PFE seeing large orders in Sept 30 calls for about 20,000 also next weeks 28/29 call spread 6K.  Steifel healthcare conference on 9/11.. A name to watch in the upcoming week especially through all that supply could get moving.

TOL big bull spread trades with 5K jan 2014 33/39 call spread and sells 5K Jan 26 puts to open for .30 debit massive spread on a beaten down home builder.

WY a REIT which are seeing a lot of call action lately as traders call a short term bottom seeing  alot of action in Oct 29 & 30 calls running 10X daily average, this get interestign through 29 alert set and action noted.

Trade Idea Of The Week.

GM shares rallied hard after auto event and look poised to take out yearly highs as the auto industry appears set for continued gains with Trucks driving growth.  Thursday saw a lot of accumulation in Oct  33 calls & Friday saw traders rolling out Sept 34 calls to Oct 37 calls.

Long Oct. 37 calls .95-1.05

Other Action:

SNE Jan 2014 13 puts 9000.  2012 lows are in the 10 area, but this is just a lotto ticket with shares in the low 20's here.
SNDK Seller of Jan 2014 57.50 puts a willing buyer of shares at 53.50, a good long term hold here and if not invovled a good way to get invovled for the longer term taking in a $4 credit.
HOV 3K sept 6 call buyers daily avg vol is about 1800.
ADSK trader buys sept 37 calls and sells sept 37 puts for .18 debit for a 2 week synthetic long.
WFT trader rolls 6K sept 14 calls to 9k nov 15 calls.. staying bullish.
ORCL 2K Sept 32 puts.

Enjoy NFL kick off and the rest of the weekend.  Good Luck!


This is just information and should not be viewed as anything more, it is not investment advice and should not be viewed as such.  Trading involves risks and many lose, and it should be done on your own merits.