Today iPAD Air launches.. long lines at store. It's going to be a good till end-of-year sales for AAPL.

Last week, almost got handed with AAPL shares at 515 but lucky no game.
Got my big screen TV with the FB shares sold around 51.

Now feel like wanted to play again here at 48.

In 47.70

I'll watch for the 47.60 as support and below 47.50 as break down area.
Put in tight stop here.. Let see if it can hold or not.

Looks like TSLA wants to see $130 again.. maybe even lower.

It was sell the rally or the news (ECB rate cut) yet again overnight.
The pros are taking the money off the table and wait again.

Watching for possible dip to SP500 1725, I'll go back in again.


Update: Jobs report for Oct is actually better than expected despite govt shutdown.
Time to sell more into the rally...

This post has been edited by danmooncake: Nov 8 2013, 10:12 PM

I'm out $48 on FB.. made little only this week.
Should have sold more options.


Will play again next week.

Tapering fear again..

Yet again, nothing much to buy here tonight. Will wait for 1750 level.

Probably no tapering until UE gets to 7%.
Q2 of 2014 maybe? The Fed always in support of the bulls side of the market.

The PUTs are still in place and most likely Yellen will continue Bernanke policy.

I think SP500 will try to hit 1800 by year end but I want to see it pulls back first before ramps up.

Oh dear.... CSCO missed. Got whacked after hours.

This post has been edited by danmooncake: Nov 14 2013, 07:08 AM

IMO, TSLA is momentum play only. Not investment like AAPL.

Just like TWTR <- New IPO. But not for investment yet. Just trade, get your money and go.

At what price you're willing to buy?

480 was last month, prior to the earnings run up.
I think now unlikely it will take to that level esp year end now, it will ramps up for the holiday.

Just follow that 50MA line (now at 496 and moving up). You could get it when it has a bad day.

Or.. you can also try to sell the AAPL puts (try the mini that has lowered margin) with $490-$500 strike
if you're willing to own at least 10 shrs if executed. You will collect premium while you wait.

This week, I'm playing 520-510 (short) puts spread. I think AAPL will stay above 520 by tomorrow expiration.
Will try to collect the premium here.

Superbull target reach for Sp500 1800 this week. Can tapau already!

Usually, when it hits new high, the pros will take money away (time to sell).
Let the late comers hold the bag later.

Day 3 of the pull back.. See how the smart money immediately pulls back and cash out at 1800 on Monday evening?

Anyway, 1770-1775 should be some support here. Get ready for some direction swing.

$118 for TSLA... $100 coming up... just a little more push down.

Pretty strong closed for the general index too.

2 of the 3 generals managed to cross over their benchmark.

SP500 reached 1800 up 25% YTD
Dow reached 16000 up 21% YTD
Nasdaq 3991 <- very closed to 4000

US market absolutely outperformed the emerging market this year despite the talks about tapering.

Finally two days of red red angpau days after a week of holding here.
I need to see SP500 at 1750 or below so that I can put some money to work.

Come 'mon bears, take it down.

AAPL broke out from 535.. now trying to breaking out from 560, on its way to 600 soon.
Investors are anticipating this holiday season sales for the AAPL gadgets to be very good.
I'll continue to sell the lowered price PUTs to make money.