Closing 2 New Trades (AAPL, YAHOO, TZOO, NILE)

By: ispeculatornew
Date posted: 07.18.2011 (7:45 pm) | Write a Comment  (1 Comment)

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After an exceptional day for our trades on Friday thanks in big part to Google’s (GOOG) blowout earnings, we closed 2 trades on today’s opening. Little did we know that today would be as good if not better. Among all of the stocks that we trade, the top 2 ones were among the 3 that we currently hold long positions in. Thankfully, we do not own any positions on WebMD (WBMD), a stock that we’ve traded in the past and which got knocked down 30% today!!!

Back to our trades, two of our remaining trades reached their stop points today, we will be closing them out on tomorrow’s opening which will leave us with only one live trade.

The two trades that we are closing are:

Long Apple (AAPL) and Short Yahoo (YHOO): +24,40% – Apple has been rising steadily in anticipation of tomorrow’s earnings report where analysts expect Apple to once again surprise to the upside:

Long Travelzoo (TZOO) and Short Blue Nile (NILE) +31,44%: I did not see any major news apart from above average volume on Travelzoo but I certainly won’t complain about the 10,14% rise today:

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1 Comment

  1. Comment by Zavi — July 19, 2011 @ 6:45 am

    that is amazing!! great trades!!

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