8:20 AM
As expected, the pre-market is up. The normal market situation is that the first week of each month is bear. After that, it gets better. So I expect the general trend goes better.
If it is not the bottom, definitely, it is near the bottom. So this time, hold tight, less trade. Buy any dip if there is still cash left.
Today's play,
1. Load MOO with monthly $5K allowance
2. GOOG is on fire. But unfortunately, I missed it.
3. HOV just came out the preliminary earning report, it is better than other home builders.
10:20 AM
The HOLX was a huge surprise. The earning was very good, but the stock went down 8%. My 30 calls got hammered. This is the lesson: use small amount to play the ER with options.
11:10 AM
(TGH- The greatest humilidate) Very sick of HOV, I hate to do, but sold the calls and took $11K loss. Don't know what to do with the 2500 shares of stocks yet. I guess I will hold it for a while.
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