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  OPTIONSMART MORNING UPDATE: Pared losses into the close

  • OPTIONSMART MORNING UPDATE: Pared losses into the close

    1. OUTLOOK:  Investors concern that rising oil prices and higher borrowing costs associated with rising Treasury yields could limit any recovery effort. Intel shrugged off negative coments and managed to erase intra-day losses. Large traders kick in buy programs at around 3:15 each day, with money getting put to work on down days.It is a bullish sign.  U.S.Futures point to a higher open.

    QQQQ chart

    2. OUR YESTERDAY'S  "QQQQ PICKS" TRADE:

    Jul 33/35 Debit Call SpreadBought @1.53 on 06/03/09 and sold @1.68 on 06/10/09 with a 10% gain in 7 days!

    Learn more about this service.

     

    We bet on short-term QQQQ trends established by large traders. We recognize a market play and recommend low-risk spreads to ride these trends. We target a 10% return per month-long trade and maintain this performance since 2003.

     

    Learn more about the QQQQ Picks service! Take advantage of our special offer below!

    3. TRADING OPPORTUNITY:  None.
    4. OUR FREE MONTHLY TRADING RECOMMENDATION AUTO-TRADEABLE WITH OUR PARTNER BROKERAGES: to be published  in June.
    Our most recent FREE pick has delivered a nice 11% gain just in 8 days!  It is absolutely free.
    Open your brokerage account, select OptionSmart as an newsletter publisher and Free Picks as a service. You will have our free monthly pick auto-traded. That's it!

    5. WISDOM NUGGETS:  Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.

    6. SPECIAL OFFER: Subscribe to our "QQQQ Picks" and save 20% on recurring subscriptions by entering coupon code AF72  during checkout (expires on Jun 14, 2009). New subscribers only.

    Diversify your portfolio by receiving more frequent picks and trading alerts. Subscribe to our paid services!
     RSS Updates Archive
    June 11th, 2009 at 7:02 am

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