You got your answer.. it's a nice whopping up. Broke thru 515-520 resistance area.
It got about a week to go for Q4 result. Let see how high it can rally from here.

Also, TSLA finally got a pull back here. Wanna try it?

This post has been edited by danmooncake: Oct 22 2013, 06:08 AM

Take a look at NFLX....

Tonight puke fest for them when all the retail investors jumped in after the good earnings, then the institutional dump
into the rally causing huge volume to the downside. Even the CEO says.. NFLX is riding on over-enthusiastic momentum.

Hey yok,

Overnight, I was watching their launch.. of their supposingly new iPads. No wonder investors are disappointed. There was no wow factor at all.
So, it's thinner and has a faster processor. That's it. I guess another way for them squeeze more money from apple collectors.
Anyway, I'm not one of them but I love to trade their stock and I think we got a opportunity here soon.

The stock sold off into 508 and bounced back up to 520 and ease into close.
So, basically I think it may not be able break higher into earnings (in about a week time).
And if it does, it may get sold off again into the news.

I think we'll see AAPL may trickle down below $500 shortly and if earnings are bad enough, then we'll see a drop to $450-$465 area,
that would be a good buying opportunity again.

This post has been edited by danmooncake: Oct 23 2013, 11:56 AM

AAPL still pretty strong tonight.. lots of buyers. So, I'm going to wait the sideline.

TSLA getting finally getting pummeled. It's going to get real ugly if it can't get back above 170.

Darn.. NFLX recovers...

frack.. my bid too low.

Not too bad.. recovered from yesterday losses but still not as good as Monday evening.

As long as SP500 above 1725, this market is very bullish.

Continue to buy the dips.

It's my wish too.

The bulls are betting heavy on the calls side for next week. 10% up from here to 580 if earnings are good,
Bears are betting 10% down to 470 if earnings bad. But, we got more bulls than bears in the calls:puts ratio.

Not me...

It's AAPL this week. So, it's going to make or break after this week.

400s levels if miss badly, or zoom to 600s if crush earnings expectations.. way to go?

This post has been edited by danmooncake: Oct 29 2013, 02:25 AM

I think most likely that's its next target.

1750 supposed to be the top for this year.. now, it already blew away that number with 1760.

What's another 40pts upside? Piece of cake..

The bull machine will continue to run. Just add more cheap oil.

This post has been edited by danmooncake: Oct 29 2013, 04:00 AM

Ok, here's AAPL scoresheet for July-Sept quarter.

Pluses:
Revenue: 37.5 bln vs 36.8 bln estimates
EPS: 8.26 vs. 7.94

Minus:
Margin: 37%.. drop from 40%

Cash on balance sheet: 146.8 bln (whoa!)

Verdict: I will BUY this freaking AAPL if it dips tonight...

I don't think market will give me a chance buy AAPL. I was hoping for quick dive below $500.
Overnight, after market, it did briefly dive to 503 but can't trade options.
Might want to sell some OTM puts instead.

That's good actually... I've sold some puts. If it can continue to stay flat here till Friday, I'll be happy!

I think u still got chance.. 184-186 resistance area could force it to bounce back down.

I'm watching FB! At a nice pull back level.
I'm getting ready to pull the trigger again.

I think everything a threat to FB if their ads revenue not growing.
I'm short term trade for FB only...

AAPL looking good here... 515 holding support (I'm short that PUTs) and moving back up.

If AAPL can close above 515, I keep my premium.
If AAPL closes below 515, I own that stock by Friday.
Got another PUT at 505 but very little premium left.

I think we're going to open a new one if SP500 reaches 2000 or Dow 17000, (new super bullish trend) or
if Dow drops below 14500, SP500 back below 1600 (bearish trend).



This post has been edited by danmooncake: Oct 30 2013, 10:06 PM

This bull market is very resilient. I also want to it to break trend..
It's been like this for 2+ years.

IMO, earnings are ok. Knee jerk reaction to the numbers. The premarket pullbacks are caused by 'concern' of decreasing younger users.
Anyway, I'm going to buy and add to the dips.

This post has been edited by danmooncake: Oct 31 2013, 09:03 PM

Hee haw... in addition to dinner, going to get my big screen tv this weekend!