OPTIONSMART MORNING UPDATE: Sunday Edition
August 30th, 2009 at 5:31 am|
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OPTIONSMART MORNING UPDATE: Sunday Edition |
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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.
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2. TRADING OPPORTUNITY: n/a |
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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!
HOW TO SET IT UP:
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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 Diversify your portfolio by receiving more frequent picks and trading alerts. Subscribe to our paid services!
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