White Cap Flight Deck – Mission #19
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Email – #520 Flying High While the Market Crumbles I couldn’t be more pleased by how well our portfolio is performing, given this period of intense volatility. Consider for a moment what we’ve done while the market was selling off… We took massive profits on our China Put LEAP. And we set ourselves up for…
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It’s another big down day for the market. At least it’s starting off that way. We’re going to continue our strategy of purchasing quality stocks that just surprised on earnings. It’s been proven that these stocks regularly outperform the major indices. The attached report contains my research on the next stock set to drift. So…
Email – #519 Three positions in our portfolio are doing quite well today on three upgrades from major brokerage firms. Apple (AAPL-NASDAQ) was upgraded by Morgan Stanley. Their analyst made the same case I did a few weeks ago and came to the conclusion that APPL merits a $400 price tag if it executes its…
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Email – #518 We had a trade sometime back on Bank of America where we owned puts and calls – a strangle trade. We took enough profits on the calls that we owned the puts outright for nothing. Those puts are now up a little and there is a good chunk of money on the…
Email – #517 Our China PUT options (FXI JAN12 30P) are up 50%. Here’s what you need to do: EITHER take profits on the position now or enter into a bull spread by SELLING to OPEN the FXI JAN 2012 $25 puts. These options FXI JAN12 25P are currently trading at $3.20 by $3.40 which…
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