Posted by: ctraderd | April 14, 2013

Watchlist- Week of 4/15/13 $DXJ $GOOG $VELT

The markets had a monster week last week as the Dow Jones Industrial Average gained +299.81 for +2.06%, the S&P 500 gained +36.62 for +2.36%, and QQQ shares closed Friday’s trading session at $69.94, gaining +1.985 for +2.92%. I as well had a monster week last week, making +$658.36. I made 4 trades, two in GOOG, one in DXJ and one in ATHX. In the GOOG trade, I closed out my swing trade play for a total profit of +$39.77 overall. I lost -$629.97 when I closed the long leg, and made $669.74 when I closed the short leg. In DXJ, I bought 15 Apr13 45 Calls at $1.20 on Monday after I closed out my GOOG trade. I then sold on Wednesday at $1.60 for a +$554.02 profit. In ATHX, I sold my remaining 750 shares at $1.79, my original price target, from $1.68, making +$64.67 on that lot. You can see all these trades and my explanations for them here. On the month, I am now at a +$1,569.52 profit making 9 trades, going 8-1. See those trades and the explanations here. I am also now positive all time in the realized category, at a profit of +$347.29. You can see all my trades on my profit.ly page. Before making any decisions based on this article, read my disclaimer and do your own research!! 

1.) WisdomTree Japan Hedged Equity Fund (DXJ)

Last week, DXJ gained +1.982 for +4.43%. As previously mentioned, my best trade of the month came last week on DXJ in which I bought 15 Apr13 45 Calls at $1.20 and sold them at $1.60 2 days later for a +$554.02 profit. This week, I will be looking for more DXJ option plays to bank on either the up-moves, or the down-moves from this one. DXJ is still my #1 Pick of 2013.

2.) Google Inc. (GOOG)

Last week, GOOG gained +13.37 for +1.72%. As previously mentioned I closed out my GOOG play I held over last weekend for a +$39.77 profit. However, I did not execute the play without flaw. I could have grabbed WAY bigger profits if I had held the Calls till the end of the week, because they expired at ~$10/contract, which would have been ~$100 in profits on the long leg alone. I did not even stick to my original gameplan of selling the losing leg right away on Monday morning, because if I had, I could have sold for ~$200 in losses on the long leg. So either way, The exit on my Call position was bad, but the exit on my Put position was excellent. The puts ended up expiring the week worthless. This one is still on my watchlist for potential day trade ideas. GOOG also reports earnings on April 18th, and I will definitely be playing it with a straddle. I will release an article later this week on how I decide to play it. You guys can expect the article on Wednesday night most likely.

3.) Velti, PLC (VELT)

VELT was on fire last week gaining +.14 for +7.57%. I f this keeps up, I think I will see my price target of $2.20 in no time. I am still long 1000 shares of this one from $2.08 at an average of $2.04. I am holding for volatility because I have seen this thing bounce a ton before. 

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Posted by: ctraderd | April 7, 2013

Watchlist- Week of 4/8/13 $DXJ $GOOG $ATHX $VELT

Last week, the markets pretty much went sideways overall. The Dow Jones Industrial Average lost only –13.29 for –.09%, the S&P 500 lost –15.13 for –.96%, and QQQ shares closed Friday’s trading session at $67.86 losing –1.13 for –1.64%. I opened up April with a bang, making $911.16 last week by making 5 trades, all of them winning. The first trade I made was on Monday and in that trade, I initiated a long position of 750 shares of ATHX at $1.68. Then on Tuesday, I sold my 100 share position in DXJ at $40.91 for a $440 profit, making +12.61%. I then day traded a total of 6 GOOG 810 AprWk1 Puts for a $209.78 total profit. Read more for a bigger explanation to the GOOG play. I then bought 2000 more ATHX shares at $1.55 on Wednesday. Then on Thursday, I made another day trade in USO in which I bought and sold 10 USO Apr13 33 puts for a small $39.36 profit. On Friday, I sold my 2000 share lot of ATHX from $1.55 at $1.67 for a $222.02 profit and am still holding the 750 share position. I then proceeded to buy 5 GOOG 765 AprWk2 Puts and 1 GOOG 780 AprWk2 Call. Read further down for an explanation. So after all this, I came out at a $911.16 profit, which was close to the $1,000 goal of my Spring Break. Before making any decisions based on this article, read my disclaimer and do your own research!! 

1.) WisdomTree Japan Hedged Equity Fund (DXJ)

DXJ was on fire last week gaining +2.91 for +7%. Unfortunately I sold at close to the bottom of the dip, so I missed out on HUGE profits. This was a lesson to me on why to stick to my gameplan if you really believe in it and not let emotion affect your trades. I will still be playing this one by means of options and I will rebuy shares if it ever dips under $40 again. This is still my #1 Pick of 2013.

2.) Google Inc. (GOOG)

GOOG tanked last week losing –10.44 for –1.32%. As previously stated, I am going to explain my play of GOOG last week in depth. Late Tuesday morning (my time, not New York time), I decided to buy 3 GOOG AprWk1 810 Puts at $3.80 because GOOG seemed to be approaching a top for the day. Turned out I was wrong, but for only about an hour. These things hit a low of ~$3.20 on the bid, and I bought 3 more at $3.40 on the ask. Then GOOG dipped as I was hoping and I exited the 3 from $3.40 at $3.90 for a quick $119.39 profit. I then exited the remaining 3 from $3.80 at $4.20 for a $90.39 profit. Unfortunately these both turned out to be bad exits, because I could have sold on Friday at ~$12.00+ a contract. I also initiated a new play in GOOG on Friday and I wrote an article about it here.

3.) Athersys Inc (ATHX)

ATHX lost –.0167 for –.97% last week. I am still holding my long position of 750 shares from $1.68 and am hoping for a bounce to at least $1.79 before I exit. The reason I believe that ATHX will do this is because on Monday, ATHX was at $1.83, and currently it is at $1.71 , which is a discounted price in my opinion.

4.) Velti, PLC (VELT)

VELT tanked last week losing –.141 for a total of –7.01%. However, VELT did show a great deal of support at $1.818 which it never broke last week, despite hitting multiple times. VELT only bounced off of $1.818, which leads me to believe that the company is still a hold until shares fall below $1.80, in the event of which I will sell.

Posted by: ctraderd | April 5, 2013

My $GOOG Play

This afternoon, at around 3:30 P.M. EST, I initiated a long position of 5 GOOG AprWk2 Puts at $3.50. my original plan was to hold only these over the weekend, but I noticed that GOOG was gaining quickly into the close, so I decided to initiate a long position of 1 GOOG AprWk2 780 Call because the 765 Calls were ~$19.00/contract, and hadn’t had a fill since ~$16. I opened up this position as a hedge to my short position, just in case GOOG spikes on Monday. I am still leaning towards a big fall on Monday, but this way, I will be hedged no matter what happens. My goal is to sell the losing position right away and let the winning position ride into the close and then sell it then. I will be watching the market more than usual in class on Monday to make sure everything goes as planned with this trade, whether GOOG bounces or tanks. To those of you who are also holding positions over the weekend, I wish you luck. Everybody have an excellent weekend!

Posted by: ctraderd | March 30, 2013

Watchlist- Week of 4/1/13 $DXJ $BWLD $VELT $IBM $ATHX

As March closed out its last week, the Dow Jones Industrial Average gained +157.05 for +1.09%, the S&P 500 gained +17.18 for +1.11%, and QQQ shares closed Thursday’s trading session at $68.97, gaining +.72 for +1.07% on the week. Last week I made 2 trades. In the first trade I closed out 500 shares of VELT from $1.96 at $2.05 for a small $27.07 gain. I also made a trade in ATHX in which I bought 550 shares at $1.50 in the last hour of trading on Wednesday. I then sold all shares at $1.76 on Friday morning. I nearly grabbed the high of $1.77 on the day. I made a profit of $125.07 for +17.33% on the trade. Overall, I made a combined +$152.14 last week. I closed March with a total realized profit +$536.45, making 5 trades, none of them losing. See my trades at my profit.ly page. Before making any decision based on this article, read my disclaimer and do your own research!!

1.) WisdomTree Japan Hedged Equity Fund (DXJ)

Last week, DXJ lost –.3729 for –.86%. I am still up +$686 for a total of +18.8% on the stock total. DXJ remains my #1 Pick for 2013 and I will continue to buy and sell options off of this one to grab some profits while I am letting the stock run.

2.) Buffalo Wild Wings, Inc. (BWLD)

Last week, BWLD gained +1.72 for +2.00%. I am bringing BWLD back up because I have been watching the March Madness tournament, and there have been a ton of BWLD commercials saying that the restaurant chain is “The Official Hangout of March Madness.” These commercials lead me to believe that BWLD will have excellent earnings in the first quarter of 2013. BWLD reports earnings on April 22, so we have time. I will initiate a long position of BWLD calls sometimes before that, but I have not decided the strike or expiration yet.

However, the analysts, for the same reason as me, could price into the earnings estimate the fact that BWLD is “The Official Hangout of March Madness,” and expect crazy good earnings. If this happens, the stock could fall because they didn’t meet the insanely high estimate, so we will see.

3.) Velti, PLC (VELT)

VELT lost –.07 last week for a total of –3.40%. I am down approximately –$90 unrealized on my position of 1000 shares from $2.08 for –4.3%, which is overall not that bad.  Last week VELT had a press release, stating that  the company announced Velti Media, which is a branch of the company that specializes in helping companies get the correct crowd of people to go to their site or download their app. As previously stated in my last watchlist, VELT is a leading mobile advertiser. Velti Media helps direct personalized ads to users based on that user’s history on the web, what apps they download, etc. Velti Media uses its own unique technology known as Multi-Channel Targeting (MCT). MCT is:

“The first universal data analytics platform on mobile that allows brands to target consumers with relevant advertising and marketing interactions on smartphones, tablets and PCs, so they can identify and reach the same consumers across any device or platform. Moreover, the ability to retarget from desktop to mobile web, mobile app and mobile messaging, allows advertisers to continue delivering deeper levels of engagement as consumers switch to other devices.”(http://finance.yahoo.com/news/velti-launches-ad-network-velti-123000632.html)

This press release caused VELT to spike from $1.8691 to $2.10. I sold 500 at $2.05 and VELT went down from there. On Friday, VELT bounced +.11 to $1.99. Hopefully this run will continue. I will continue to swing trade in and out of this one as it rides in its channel.

4.) International Business Machines Corp (IBM)

IBM gained +1.10 for +.52% last week. Since I am off for Spring Break, I will be trading all week and watching the market all day. That is why I put IBM on my watchlist, because I want to day trade this baby based on technical analysis. I have not figured out the strike or expirations on the options I will be trading in this one, but you can expect those in the heat of the moment. Let’s bank on this one guys!

 

5.) Athersys, Inc. (ATHX)

Last week, ATHX gained +.17 for +11.26%. As previously stated, I bought this one late in the afternoon on Wednesday and sold about 4 hours into the trading day on Thursday, making +$125.07 for a +17.33% gain. The reason why I bought this one is because I had been hearing a lot of good things about it around the biotech world. Sure enough, after I bought, a Seeking Alpha article was released and those who followed me banked.  I sold at nearly the day high, selling at $1.76, and the day high was $1.77. I will be looking to get back into this one at around the $1.50-$1.60 range if it should touch. I will also continue to do more research on it.

Note: The chart of ATHX also looks like a cup and handle breakout after further examination.

Posted by: ctraderd | March 24, 2013

Watchlist- Week of 3/25/13 $DXJ $VELT

Last week, the Dow Jones Industrial Average wen relatively sideways losing only –2.08 for –.01%, the S&P 500 gained +11.46 for +.74%, and QQQ shares closed Fridays trading session at $68.59, gaining +.72 for +1.06%. Last week I only made one trade and that was when I opened up a long position of 1,000 VELT shares at $2.08. I then added 500 more shares at $1.96, so currently my average on VELT is $2.04. Before making any decisions based on this article, read my disclaimer and do your own research!! 

1.) WisdomTree Japan Hedged Equity (DXJ)

Last week, DXJ gained +.54 for +1.26%. I am currently up +$723 for +19.9% in a little over 3 months of holding. This trade has worked out perfectly so far and is still my #1 Pick for 2013. I will continue to look for opportunities to buy and sell options on DXJ so I can grab some profits while I’m letting the stock sit until my 25% trailing stop enacts, or I make 100%.

2.) Velti, PLC (VELT)

Last week, VELT lost –.07 for –3.45%. Let’s start by giving some background on this one.

“Velti plc engages in the provision of mobile marketing and advertising technology and solutions for brands, advertising agencies, mobile operators, and media companies in Europe, the Americas, Asia, and Africa. Its Velti mGage platform allows its customers to use mobile and traditional media, such as television, print, radio, and outdoor advertising to plan, execute, monitor, and measure mobile marketing and advertising campaigns that reach consumers through mobile Internet applications. The company’s products include Velti mGage Visualize that offers the ability to track the performance of mobile, traditional, and Internet-based media campaigns; Velti mGage Reach, which manages advertising inventories and media buys for advertisers and publishers; Velti mGage Create that enables the design and development of mobile Websites, mobile portals, rich media creation, landing pages, and micro-sites through a drag and drop graphical user interface; and Velti mGage Interact, which provides customer relationship management functionality to enable brands and advertising agencies to build engagement with its customers. It also offers Velti Play that enables brands, broadcasters, and mobile operators to extend tried and tested mass-participation concepts to social media and mobile apps; and Velti mGage Measure, which offers end-to-end tracking and reporting of consumer behavior and engagement in media platforms, including traditional, online, and mobile. The company was founded in 2000 and is headquartered in Dublin, the Republic of Ireland” (http://finviz.com/quote.ashx?t=VELT).

The reason why I bought this one is because it’s close to it’s 52-week low and I think that it will bounce off of the level ($1.85). Also, I bought because VELT has a habit of releasing good news out of the blue that send the stock up 25-30% all of a sudden when a new 52-week low is hit. Hopefully that will happen in this case. I am looking to hold this stock for 2 weeks, or 10%+, whichever comes first.

Posted by: ctraderd | March 17, 2013

Watchlist- Week of 3/18/13 $DXJ $IBM

Last week, the Dow Jones Industrial Average gained +117.04 for +.81%., the S&P 500 gained +12.08 for +.78%, and QQQ shares closed Friday’s trading session at $68.51, losing –.11 for –.16%. I made no trades last week, because honestly, I have no clue on what this market is doing!! Sometimes it goes sideways, sometimes it goes down, and sometimes up. This market right now is completely unpredictable for me to trade in. I am still up in March so far, gaining $384.31 in 3 winning trades. I have not had a losing trade yet this month, and hopefully I won’t. So, without further ado, let’s get into the watchlist. Before making any decisions based on this article, read my disclaimer and do your own research!! 

1.) WisdomTree Japan Hedged Equity Fund (DXJ)

After gaining 4% in the first full week of March, DXJ plateaued this week, gaining only +.24 for +.56%. So far this trade is going exactly as planned. After nearly 3 months of holding, I am up +$714 for +19.6%. I was getting hesitant last week when DXJ was showing no strength, so I thought about selling, but I didn’t. I want to really stick to my plan on this one and make 100% on these shares. I will also continue to enter and exit options so I can harness some of these gains while holding. Remember, this is still my #1 Pick for 2013.

2.) International Business Machines Corp (IBM)

Last week, IBM gained another +4.87 for +2.32%. This baby just keeps on running and I keep missing out on the plays. I was about to play this one on Friday. I had my friend’s phone displaying a chart and I had my order screen up on my phone. The market only had 15 minutes left of open trading when I placed my order. I never filled on 1 IBM Apr13 210 Call, unfortunately when the closing bell for the markets rang. Hopefully I can formulate a good trade for this one this week and harness some of the gains… or losses.

Posted by: ctraderd | March 10, 2013

Watchlist- Week of 3/11/13 $DXJ $BWLD $IBM

Last week, the markets were in a major bull run. The Dow Jones Industrial Average jumped +307.41 for +2.18%, the S&P 500 jumped +36.21 for +2.39%, and QQQ shares closed Friday’s trading session at $68.77 gaining +1.51 on the week for +2.25%. I had a great week last week overall. I only made one trade, buying 3 BWLD Apr13 85 Calls at $1.55 on Monday, and selling them on Thursday at $2.00 for a $104.90 profit, which is +29.03%. I originally had a price target of 100%, or a sale on Friday, whichever came first. If I had held to Friday like my plan said, I would have sold for $2.80, a +80.6% profit. This is why you have to stick to your plan and not panic as long as you are still profitable on the trade as a whole. I still came out at a profit, so I will just learn from this mistake and move on. I am now up +$384.31 in the month of March, only making 3 trades, all of them winning. Hopefully I can continue to do this throughout the month. See my trades on my profit.ly page. Before making any decisions based on this article, read my disclaimer and do your own research!! 

1.) WisdomTree Japan Hedged Equity Fund (DXJ)

Last week, DXJ gained an astounding +1.73 for +4.17%. I am now up +$686 on the stock for +18.88% in only about 2 and a half months of holding. This trade has gone great so far. I am still looking to get into options next week for a higher run, or a dip, so I can take some of the profits and let the stock sit. Remember, this is still my #1 Pick of 2013.

2.) Buffalo Wild Wings Inc (BWLD)

Last week, BWLD gained +3.91 for +4.81%. As I already stated I entered and exited BWLD Apr13 85 Calls for a $104.90 profit, making 29.03% on the trade. Next week I will open up a position in either Apr13 90 Calls or Puts. I might also sell a 90/90 straddle, depending on how the action is in premarket tomorrow.

3.) International Business Machines Corporation (IBM)

Last week, IBM gained +7.44 for +3.67%. I was about to enter some Calls on this one last week for a day trade, but then the bell rang so I had to switch classes which is why I never placed the order. I will once again try to day trade this one next week with either Puts or Calls, or both.

Posted by: ctraderd | March 3, 2013

Watchlist- Week of 3/3/13 $DXJ $BWLD $UA $IBM

Last week, the Dow Jones Industrial Average gained +89.09 for +.64%, the S&P 500 lost –5.32 for –.35%, and QQQ shares lost –.26 for –.35%, closing Friday’s trading session at $67.38. Last week, because I had Friday off from school, I made two trades. First, I closed my 7 DXJ Apr41 Calls at a $109.65 profit, and I day traded 5 IBM Mar13 200 Calls for a $169.76 profit. Overall I came out at a $279.41 profit on the week, and on the month of March so far. As February closed out, I lost a total of –$54.73. This was actually not that bad of a month, considering January I lost ~$1400. I hope to continue my trend in March and turn this year around and hit my goal of $25,000 in profits on the year. I hope to this by much research and hard work followed by good execution in my trades. See my trades on my profit.ly page. Before making any decisions based on this article, read my disclaimer and do your own research!! 

1.) WisdomTree Japan Hedged Equity Fund (DXJ)

Last Week, DXJ gained +.30 for a total of +.73%. I closed my long position of 7 Apr13 41 Calls for a 17.39% profit, because I needed the cash to trade IBM. Unfortunately, I did not need the cash in order to trade IBM after all, and I left a ton of money on the table because DXJ kept running after my sale. I still netted most of the profits with my long position in the stock though. As of Friday, March 1, I am up $532 for a 14.6% gain on the stock. This trade has worked like clockwork so far, and I will continue to enter and exit options to grab some profits while I let the stock run. Remember, this is still my #1 Pick for 2013.

2.) Buffalo Wild Wings Inc (BWLD)

Last week, BWLD was on fire, gaining +5.05 for +6.64%. If I had followed my plan I wrote about in last week’s watchlist, I would have banked. I have now determined that this week, I will buy just 3 Apr13 13 85 Calls on Monday for $1.50/contract, just in case BWLD has another breakout week. If BWLD is down in premarket on Monday, I will watch it during the day looking for an entry. I still believe that BWLD will continue to grow in profits as the economy gets better.

3.) Under Armour Inc (UA)

UA gained +1.89 last week for +3.97%. The reason I am putting this on my list is pretty much the same reason BWLD is on here. As the economy gets better, I believe UA’s profits will grow, sending their stock parabolic fast. Also, almost every single one of my friends has something made by UA, whether it be shoes, a backpack, a coat, or many other various things. For that reason, I believe that UA is a growing trend as well.

From 2008 to 2012, UA’s net income is up from $38.23 million to $128.39 million. That’s an extraordinary 335% increase over 5 years! From the first quarter of 2012 to the 4th quarter, net income is up from $14.6 million to $49.98 million, another extraordinary 342% leap. I believe profits will continue to grow, sending UA even higher. Also, technically, UA bounced off it’s 52-week low of $44 and is now 12.4% over it. This is another bullish signal for me, because I believe is has a lot of room to run to the 52-week high of $60.96 and even higher. For these reasons, on Monday, I will enter just 2 UA Apr13 50 Calls at $2.20, looking for a 100% gain before expiration. I will only enter these if UA is up in premarket tomorrow.

4.) International Business Machines Corporation (IBM)

Last week, IBM gained +.64 for a total of +.32%. On Friday, I was looking through various charts on my Dow Jones watchlist, and I noticed that this one was starting to perk up after several down candles. I decided to play the bottom bounce and I quickly devised a play of buying 5 Mar13 200 Calls. I set my price target and I stuck to it. My plan and execution worked perfectly and I bought in at $2.60 to exit about 30 minutes later at $3.00 for a $169.76 profit, making 15.38% on the trade. I still left money on the table, but I got the profit I wanted, so I exited. This week I will be looking at the chart of IBM constantly during school looking for an entry in either calls or puts. I will only day trade this one, because holding options on big caps overnight usually doesn’t end well for me.

Posted by: ctraderd | February 24, 2013

Watchlist- Week of 2/25/13 $DXJ $BWLD

Last week, the markets offset each other a bit. The Dow Jones Industrial Average gained +27.18 for +.19%, the S&P 500 lost -5.61 for -.45%, and QQQ shares closed Friday’s trading session at $67.14 losing –.81 for –1.16%. Last week I made one trade and that was when I opened up a long position of 7 DXJ Apr13 41 Calls. I am currently up +$210 for +26.08% in just two days of holding. read further for more information about the trade. Before making any decisions based on this article, read my disclaimer and do your own research!! 

1.) WisdomTree Japan Hedged Equity  Fund(DXJ)

Last week, DXJ gained +.66 for +1.66%. I am now up +12.08% on the stock. Last week. I bought to open 7 DXJ Apr13 41 Calls and am up +$210 for +26.08% as previously stated. I decided to buy the calls on Thursday because I saw that the Nikkei 225 was down a big percentile. I decided to profit from the dip, so I bought the calls at $1.15 and the day’s low was $1.00. The next day, DXJ spiked and these babies went to $1.45. My sale price is currently $2.30 on these, looking for a 100% gain. We will be able to see what the Nikkei does tonight, and hopefully it will go up. If these calls drop below $1.00 per contract, I will add 8 more. With the stock and options combined, I am up a combined +$677 for +6.65% on the play combined.

2.) Buffalo Wild wings, Inc. (BWLD)

BWLD lost –1.83 for –2.36% last week. The reason why I am putting this one on my watchlist is because I tried to get into a BWLD restaurant a few weeks ago on a Friday night. We got to the restaurant at approximately 7:00 PM and asked for a table. The place was packed, so the wait was 1 hour and 20 minutes at least. We decided to go to another restaurant and had a good night overall. When I got home, I decided to look up the earnings for BWLD to see if they were really bringing in a ton of profits, because their restaurants were packed to the walls. Sure enough, on a 5-year trend (including 2012), net income is up around +134%. Also, on a 5-quarter trend, net income is up 22%. The company also has no long-term debt on a 5-year trend as well. My fundamental standpoint on BWLD is bullish overall.

Technically, BWLD’s 52-week/all time is $94.81 and BWLD is currently trading at $75.96, 19.9% under its 52-week high. This is also a bullish sign for me, because it states that BWLD has room to run before major resistance. In conclusion, I am bullish BWLD and will look to open long-term calls next week.

    

Posted by: ctraderd | February 18, 2013

Watchlist- Week of 2/18/13 $DXJ $WAC

Last week, Options Expiration for the monthly February options caused the market to go sideways most of the week. The Dow Jones Industrial Average lost only –11.21 for a measly –.08%, the S&P 500 gained a small +3.50 for +.23%, and QQQ shares closed Friday’s trading session at $67.75 losing –.24 for a total of –.28% on the week. I made two day trades last week, because I had the day off from school on Thursday and Friday. In my first day trade, I lost commission and fees (-$30.12) on 3 AAPL FebWk4 470 Calls when I entered and exited the options at $5.65. In my second day trade, I bought 7 LNKD FebWk4 160 Calls at $3.75 and exited them around 2 hours later at $3.90 for a $74.61 profit, after commission. Unfortunately, in that LNKD trade, I left a lot of money on the table, because those contracts soon spiked to $4.30 and then back down again. Overall on the week, I made a total profit of +$44.49 and you can see those trade on my profit.ly page.

On the month, I am still down a total of –$54.73. I have made 2 winning trades with LNKD and KERX, but two losing trades in AAPL and AMZN. I am hopeful that I will close the month profitable, with a few good swing trades as we near the end of the month. This is the first month in a long time that I did not lose any money on Options Expiration, which is very rare for me. Hopefully I can keep this trend going, but we all know how the markets are! Before making any decisions based on this article, read my disclaimer and do your own research!!

1.) WisdomTree Japan Hedged Equity Fund (DXJ)

DXJ fell –.60 last week for a total of –1.47% as the Nikkei pulled back. Currently, as of 10:22 EST, the Nikkei 225 is trading and is down –12.71 for a small –.11% so we well see how the rest of the night goes with it. DXJ shares are still up ~11% since our buy, so things are going according to plan. Remember, this is still my #1 Pick for 2013.

2.) Walter Investment Management Corp. (WAC)

WAC was on fire last week gaining +3.69 for a total of +8.18%. One of my first trades I ever did was in this baby here. I came out at a $81 profit. Unfortunately, if I held it from then till now, I would be up nearly 100% on it, but I’m not going to lose sleep over that. It hit my price target on that trade back in early June through July, so I was satisfied. I saw a good quote today which stated, “What do you call doing the same thing over again and expecting the same results? In our case, genius!” So that is why I’m getting back into this one.

For some background on WAC, let’s start with the stock price itself. Since WAC’s IPO back in June of 2007, the company has gained +40.31 for a total of +474.24%, which is incredible if you happen to take a look at their financials. Over the past three years, net income is down from +$113.18M in 2009, to –$69.3M in 2011! That’s a gigantic –162% over three years! However, on the quarterly side of financials, they are are up an opposing +125% over the first three quarters in 2012. This fact leads me to believe that WAC will have great yearly earnings and will cause the stock price to shoot up more as we near that report on March 4th. I also believe that WAC will have record breaking fourth quarter earnings as well.

For these reasons I have stated above, I will watch WAC like a hawk over these next few days for an entry either into the stock or calls. That is my fundamental stand point on the company. My technical standpoint is that WAC will move down these next few days, because of the double-top chart pattern in which the stock has just run into. If WAC breaks the resistance point, I will follow my fundamental game plan and buy calls or stock. If WAC fails to break the resistance, I will buy puts on the company for a short pull back, and then long WAC in either stock or calls.

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