OPTIONSMART MORNING UPDATE: Sunday Edition

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OPTIONSMART MORNING UPDATE: Sunday Edition

OPTIONSMART MORNING UPDATE: Sunday Edition

1. OUTLOOK: Intel and Dell failed to ignite the market. Chipmaker Intel boosted its revenue forecast for the third quarter, thanks to stronger PC demand. PC maker Dell beat expectations, sending shares 1.8% higher Friday. Apple has signed a multiyear deal with China Unicom to bring the iPhone to China, the world's largest cellphone market. However, the gains have been tepid this week on the back of a surprisingly strong summer advance. We don't expect large movements next week.

2. TRADING OPPORTUNITY: n/a

3. OUR FREE MONTHLY TRADING RECOMMENDATION AUTO-TRADABLE WITH OUR PARTNER BROKERAGES: to be published in September.

OUR MOST RECENT FREE TRADE: CSCO Oct 19/21 Bullish Debit Call Spread: Bought @1.45 on 08/13/09 and sold @1.60 on 08/21/09 with a 10.3% gain in 8 days!

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Register on our site to receive Free Picks via emal.
Set up auto-trading with your brokerage: select OptionSmart as a publisher, select Free Picks as a service and enjoy the ride absolutely free!

Free Picks Track Record

4. QQQQ Picks Most Recent Trade:

Oct 38/40 Debit Call Spread

Bought @1.31 on 08/12/09 and sold @1.46 on 08/28/09 with a 11% gain in 16 days!

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5. SPECIAL OFFER: n/a

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August 30th, 2009 at 5:31 am

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