I had a lot on my plate today, so I didn't do as much trading as I normally do. Anyways, it was a quiet day in the markets. Most stocks that I follow stayed within a nice trading range for most of the day. Quite boring, if you ask me.
Let's see if we can make some money tomorrow. You know, I'm looking at the daily chart on GOOG and although earnings comes out next Thursday (the day before options expiration), from the chart setup, it almost looks certain to go higher. In my opinion and from my past experience, stocks that display this type of bullish pattern, go higher, not lower. You may think that the actual arnings announcement plays a huge part in whether the stock goes up or down after earnings, but from what I see, the chart is already telling us that it's going higher. I don't know, maybe I'm wrong, but I guess we'll know for certain by COB next Thursday.
Alright, I've got so many little things to take care of. After coming back from the conference, I'm more motivated than ever to make boogster.com the premier poker incentive site in the world. I guess the competitive side of me hates to see so many of our competitors and "players" in our industry yap about how great their sites are and how much money they've made.
Anyways, enough yapping, let's see if I can turn boogster.com into a Fortune 500 company. Or perhaps, I'll be on Forbe's billionaire's list next year?? Hah.
Here are my current positions:
Shorter Term (15 minutes to 5 days)
Short 1000 AAPL at $64.87 from 4/5
Longer Term (2-5 months)
1 GOOG June $400 Call at $22.00 from 2/22
1 GOOG June $400 Call at $18.80 from 3/7
3 GOOG June $400 Calls at $14.30 from 3/9
5 GOOG June $400 Calls at $10.80 from 3/10
1300 NMGC at $6.69 from 3/8