DWA and AGIO yield us profits as we exit

I was correct on reading the man for DWA stock. The Asian conglomerate didn't like the sudden pricyness yesterday, and also didnt like the rumor. It was said that Katz was also asking for crazy money. We get out with some profit, not the 300% I had hoped: Wall Street wasn't ready to give back the money after the deal collapsed. Who cares...I will always make money. Big money, not as big money...I just take the money. 28.00DWA141220P000280002.250.002.154.003560 We...

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I am going to go out on a limb here

I am going to go out on a limb here because I feel like gambling. This is probably one of the most dangerous picks I issued but it could come up with one of the biggest profits. If this pic wins, I could generate 200-300% and if the pic loses I could lose 50-100%. So whats this one all about? It comes down to the man and 2 egos, as I am reading between the lines on this one. Dreamworks is Jeffery Katzenburg's baby. Dreamworks has been bouncing up and down as of late due to some of its recent releases not preforming as well as investors think they...

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The Dollar Ain't What it used to be

I was going through the McDonald's drive through the other day and ordered a number 2, or a Quarter Pounder with Cheese Meal: Large Fries Large Coke, and the Quarter Pounder with Cheese. I was surprised when I pulled up to the window to pay and they wanted $7.87. Being 46, I remember seeing sitcoms when I was younger and a 50 year old man was out with his wife to dinner and being outraged by the high prices of dinner and drinks. Now that's happening to me. I remember something like 15 years ago the same meal deal cost $3.85. Now its twice that,...

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Who wants to take candy from a baby? AGIO

Here is a setup that I love...a pharmacuetical stock that announces that some early peliminary testing was postive and has no drug on the market and no garantee that the drug will make it through the rest of the phase testing by the FDA. People emotionally overreact and pile on a hope. As you can see, the stock is up over 20% today on a POSSIBILITY. Lets look at the news release: Shares of biotech startup Agios Pharmaceuticals (NASDAQ:AGIO)...

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Today we get out of AA

Today was a model day, and things turned out the way I had believed due to the upward pressure that AA had building up underneath it. I had mentioned in my post from yesterday that this stock had a recent price target of 18 dollars, and it was due to announce good earnings in a week or so coming up. Lets look at a chart of AA for today: Boom. You can see that the stock was looking for any excuse to resume its climb upward and the market today...

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Problem with AA and the QQQ

Good morning. We are currently long in AA. What I do is look at the QQQ short and long term to determine which way I think things are going to go. Its not so much that I am investing directly with the QQQ as buying options with it, I am using it as a guide for my system that I use: If I think that the QQQ (Nasdaq) is going to rise over the next 2 weeks, I do the stock climb system that I described earlier. If I think the QQQ is going to drop over...

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Success with MTN

Mtn did what I expected it to do. We waited until the upgrades and the sparkling news about purchasing another mountain lost its shine and people then came back to earth especially when MTN reported so so earnings. The stock wandered right back down toward the close of the day on earnings. I got out near the end of the day, but I expect MTN to probably wander down even further on Thursday. I realized a 45% gain on MTN. Most people would be happy for a 15% gain on their money for the YEAR. With how I invest, these types of numbers are common for...

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Stock to watch for Monday- AA

On Monday we are going to watch Alcoa Inc. AA. All its headlines were rosy until Sept. 15th when it announced this: NEW YORK (TheStreet) -- Shares of Alcoa  (AA_) fell in morning trading Tuesday after the world's third-largest aluminum producer announced a public offering of 25 million depositary shares to help fund its acquisition of Firth Rixson. The offering could reach 28.75 million depositary shares if underwriters...

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Outlook for the week

Hey all you 1045report heads. I noticed a spike in traffic of everyone checking out my redesigned header on my blog. Pretty cool, huh? Lets get to it. This week we are already holding MTN puts so we are looking at what the stock will report for earnings midweek. My hope is that it was maximally stretched into overbought territory so that when the earnings elicit a "meh" the stock is going to drop. So lets take a look at the Nasdaq QQQ upcoming. Due...

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MTN: going for it

Ive followed MTN's price action today and it doesnt look like there is any more available upward push barring any new news that theyve been holding back next week. The earnings report should be lackluster, so this time we bought put options slightly in the money: the October 90's. Stay tuned this weekend for the week wrapup and the weekly forecast for the QQQ and further stock pics I am looking at. Come back tommorrow, M...

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Watch List 9/18- MTN

MTN is going to be a tricky horse. It is my plan to short/ purchase puts on this stock if it seems to top out just start to wander down on Friday. If on Friday there is a sudden drop before I get it, then it is too late. If I see this stock still climbing throughout Friday, I will do nothing and observe on Monday. This baby could bite. I am already starting to go outside my comfort level due to the fact that this stock got upgraded to strong buy...

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On 9/18 we will be watching Vail Resorts (MTN)

Vail resorts last week just bought out another resort mountain and its stock price just jumped up. However, I dont expect its earnings to be that good, I think there is going to be a drop. Especially from the high price that enthusiastic investors drove the price up by. Lets take a look: As you can see, this was taken as very big news. What we are going to wait and see is if the growth is done being repriced into the stock. We are looking at the...

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How to Trade Stocks Online Trading Primer Part 2. 'Stock Tips'

This is part 2 on a 10 part series about how to trade stocks online. Feel free to email this post to a friend or re-post. We've all been there. You are at work standing by the water cooler and Dave from Accounting is telling you all about some hot stock. He's standing there blowing hot air at you about how this is going to be the new thing and now is the time to get in on it on the ground floor. You then go home and open your email and you see a...

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ANVR did what it was supposed to do: drop

ANVR did what it was supposed to do: drop. And it did so significantly. However, I made the mistake of purchasing the wrong strike price. We are going to hold onto it and hopefully the price will drift down further over the next day or two to see if we can still pull out of this. Observe the options today even after over a 6% drop there is little movement: Here is the problem. The stock suddenly shot up over 60% yesterday and in doing so, it...

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QQQ (Nasdaq) Direction next few days and next few weeks

The Nasdaq is undergoing a bit of a pullback. I expect the next few days to be choppy with more to the downside. Looks like down one more day, a bit of an up day, then some consolidating chop. I dont have the exact specifics, but barring any sudden good news in the market, plan your trading to be a bit downward choppy at least until Friday. As for the longer term, the weekly QQQ is showing that we are going to be down overall for 1 to 2 weeks...

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This should be of concern

I have been reading things across the web on how the united states dollar cannot sustain itself under the crushing debt that has recently crossed over 20 trillion dollars under Obama. We apparently are printing billions of dollars per month in order to keep it propped up to prevent a crash. Nixon took us off the gold standard, i.e. he removed the us dollar from backing its value on gold. Since Nixon did this, the dollar is good just because the US says it is, its backed on nothing but the 'full faith of the United States'. This allowed bankers...

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Today we are going to purchase puts/Short AVNR: The below article shows how this is only a phase two result and there are two more phases this drug has to go through...I love these because these are easy money. 8:31 am Avanir Pharmaceuticals announces positive Phase II trial results for AVP-923 in treatment of agitation in patients with Alzheimer's disease (AVNR) : Co announced positive results from its phase II clinical trial evaluating the safety and efficacy of AVP-923 for the treatment of agitation in patients with Alzheimer's disease. Treatment...

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How to Trade Stocks Online Trading Primer Part 1. 'DayTrading'

This is part 1 on a 10 part series about how to trade stocks online. Feel free to email this post to a friend or re-post. DayTrading: The Risks and Dangers Thereof A Brief History In the 1950's and 1960's any day trading was done by professionals, and even then with the analogue systems of the day with their order placement it was far from today's daytrading system placing that can be done in one second. Some wealthy individuals went to off room...

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Weekly Forecast QQQ and watch list for next week

Hey everyone. Next week we are going to be watching two stocks, but first lets talk the Nasdaq, or the QQQ. First for the daily QQQ. As you can see from the chart below, the daily QQQ will be pulling back a bit for the next few days of next week, barring any big positive news that may come out. Lets look at the chart: As you can see, the Relative Strength Index and the MACD are dropping. Most of the time when these two indicators drop, the stock...

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Today we exit DRI at even money...here's what happened...very interesting.

Dri did what it was supposed to do. It came out with poor results and it was supposed to drop. But one of its large activist investors stepped up and counteracted these results with a huge plan to revitalize DRI. Knowing that DRI was going to drop because of poor earnings, this investor stepped forward and blunted the news by doing this: Sept 12 (Reuters) - Olive Garden owner Darden Restaurants Inc on Friday reported a quarterly loss, but its results were overshadowed by activist investor Starboard Value LP's release of its revised plan to boost...

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Today we shorted/bought puts on DRI

Yesterday I posted that I would be watching DRI to do a last minute pushup before its earnings and true to form the technicals were right, I got my last minute push up. Also true to contrarian form this allowed me to wait until the put options were flattened out so I could get on them cheaply. And now the deck is stacked in our favor because there is a high chance that this stock is going to report lackluster earnings that will drive its stock price down in the next few days which will inflate our put price so we can profit. By the way, I see...

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