Closing price:
49.22 +0.13 +0.26%
Poised to move higher
Intermediate-term outlook: BULLISH
Short-term outlook: BULLISH
Very short-term outlook: BULLISH
TODAY'S PRE-MARKET SENTIMENT: BULLISH
Current (8:50 am ET) QQQQ pre-market price: 49.49 +0.27 +0.55%
YHOO posted a solid 5.3% gain. HPQ announced preliminary second quarter results and increased its full-year outlook. Nevertheless, HPQ tumbled 5% after announcing that it will acquire EDS. It looks like negative news are already priced in.
Preceding day market actions:
QQQQ stock: Bought @ 47.83 on 4/30/08, sold @ 49.09 on 5/13/08.
2.6% gain in 13 days!
Alerts: None
CURRENT OPEN POSITIONS
1. Bull Debit Call Spread (opened on 11/29/07, 12/6/07, 12/7/07, 12/21/07, rolled on 1/7/08 and 1/28/07)
Long QQQFV Jun 48 Call
Short QQQFY Jun 51 Call
Net Debit 3.401
2. Bull Debit Call Spread (opened on 1/7/08, rolled on 2/13/08)
Long QQQFT Jun 46 Call
Short QQQFW Jun 49 Call
Net Debit 3.18
3. Long UQQIU Q3Sep 47 Call (BTO @ 4.0398 on 5/2/08, Target 4.50)
4. Debit Call Spread (BTO @2.18 on 5/02/08, Target 2.43)
Long UQQFS Q2Jun 45 Call
Short UQQFV Q2Jun 48 Call
5. Long QQQIT QQQQ Sep 46 Call (BTO @ 4.69 on 5/7/08, Target 5.16)
Open the QQQQ main page for today's technical signals, reports and
charts:
http://www.optionsmart.com/osmembers/qqq/
The OptionSmart Team
qqq@optionsmart.com
This report is intended for use only by the subscriber whose name
appears on our subscription records. It may not be copied, faxed,
or forwarded without written consent from OptionSmart.com.
No comments:
Post a Comment