Skip to main content

TV recommendation summary from Dec 30 to Jan 7

Here is the summary for Brian's CNBC TV recommendation:
12/30/2010 Brian recommends to sell IBM 7/11 140 puts, now the trade profits $330
12/31/2010 Brian recommends to long IWM stocks, sell 3/11 82 call and buy 3/11 74 put, now the trade profits $330
1/6/2011 Brian recommends to buy FDX 4/11 100 call and sell 4/11 85 put, now the trade profits $11
1/6/2011 Brian recommends to buy GOOG 1/11 605/640 call spread, now the trade profits $130. Brian would take the profit before the earning.
1/7/2011 Brian recommends to buy XLF 1/11 16 call, now the trade loses $6. XLF did go up after the recommendation.

Comments

Popular posts from this blog

Is the KCJ Foreshadowing a 2008 Repeat?

The CBOE Correlation Index (KCJ) is close to the lowest level we have seen since it was first listed in 2007. The KCJ measures the implied movement of the S&P 500 components options, compared to the implied movement of the S&P 500 index options. Simply put, the higher the number, the more likely all stocks are going to move together. Conversely, a low number will be characterized by sector rotation, and flat markets; one sector moves higher, another moves lower.  (Source: Access Hollywood) Correlation, for lack of a better term, is correlated with volatility. Not surprisingly, 30-day S&P 500 historical volatility is near the low level of 6.5%. Currently at 33.5, KCJ is sitting close to rock bottom, lower than where it was in 2007, (but not lower than where Lindsay Lohan was in 2007).  So far this year, the market has been able to grind higher, characterized by leadership in FANG(Facebook Apple/Amazon, Netflix, Google) and sector rotation. A...