Friday, April 24, 2015

Nasdaq Summation Index (24 Apr 15): Bullish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Pullback, Correction and Bear Market
Pullback: -5% off 52W High   Correction: -10% off 52W High   Bear Market: -20% off 52W High

Benchmark
Symbol
52-Week High
Condition
Nasdaq 100
QQQ
+0.90%
New High
S&P 500
SPY
-0.14%
Bull Market
Dow Jones 30
DIA
-0.94%
Bull Market
Russell 2000
IWM
-1.00%
Bull Market

Leveraged ETFs (24 Apr 15): YINN $64.97

Buy (31) shares YINN @ $64.97
Target Price (10%): $71.50

Leveraged ETFs (24 Apr 15): TQQQ $117.36

Buy (17) shares TQQQ @ $117.36
Target Price (10%): $129.10

Leveraged ETFs (24 Apr 15): BIB $177.20

Buy (12) shares BIB @ $177.20
Target Price (10%): $195.00

Long Call (24 Apr 15): FXI $51.92

FXI $51.92
Buy (1) Jan 17 55 C @ $5.30
Target Price (35%): $7.20

Long Put (24 Apr 15): VXX $20.89

VXX $20.89
Buy (1) Jan 17 17 P @ $4.55
Target Price (35%): $6.20

Covered Call (24 Apr 15): CLDN $13.68

Buy (100) shares CLDN @ $13.68
Sell (1) May 15 15 C @ $5.00
Net Debit: $8.68   Return Assigned: 85.6%   (21 days)

Friday, April 17, 2015

Nasdaq Summation Index (17 Apr 15): Bearish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Pullback, Correction and Bear Market
Pullback: 5% off 52W High   Correction: 10% off 52W High   Bear Market: 20% off 52W High
 
Benchmark
Symbol
52-Week High
Condition
S&P 500
SPY
-1.58%
Bull Market
Russell 2000
IWM
-2.12%
Bull Market
Dow Jones 30
DIA
-2.43%
Bull Market
Nasdaq 100
QQQ
-3.12%
Bull Market

Leveraged ETFs (17 Apr 15): YINN $58.42

Buy (35) shares YINN @ $58.42
Target Price (10%): $64.30

Leveraged ETFs (17 Apr 15): BIB $170.09

Buy (12) shares BIB @ $170.09
Target Price (10%): $187.10

Leveraged ETFs (17 Apr 15): TMF $96.97

Buy (21) shares TMF @ $96.97
Target Price (10%): $106.70

Long Call (17 Apr 15): FXI $50.03

FXI $50.03
Buy (1) Jan 17 55 C @ $4.30
Target Price (35%): $5.80

Long Put (17 Apr 15): VXX $22.29

VXX $22.29
Buy (1) Jan 17 20 P @ $6.40
Target Price (35%): $8.65

Covered Call (17 Apr 15): CLDN $16.52

Buy (100) shares CLDN @ $16.53
Sell (1) May 15 20 C @ $5.80
Net Debit: $10.73   Return Assigned: 90.0%   (28 days)

Saturday, April 11, 2015

Nasdaq Summation Index (10 Apr 15): Bullish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Pullback, Correction and Bear Market
Pullback: 5% off 52W High   Correction: 10% off 52W High   Bear Market: 20% off 52W High

Benchmark
Symbol
52-Week High
Condition
Russell 2000
IWM
-0.25%
Bull Market
S&P 500
SPY
-0.60%
Bull Market
Dow Jones 30
DIA
-1.09%
Bull Market
Nasdaq 100
QQQ
-1.53%
Bull Market

Leveraged ETFs (10 Apr 15): URTY $107.19

Buy (19) shares URTY @ $107.19
Target Price (10%): $118.00

Leveraged ETFs (10 Apr 15): BIB $171.15

Buy (12) shares BIB @ $171.15
Target Price (10%): $188.30

Leveraged ETFs (10 Apr 15): YINN $61.59

Buy (33) shares YINN @ $61.59
Target Price (10%): $67.80

China 25 Index (10 Apr 15): FXI $50.79

FXI $50.79
Buy (1) Jan 17 55 C @ $4.60
Target Price (35%): $6.30

Sun Edison Inc (10 Apr 15): SUNE $26.69

SUNE $26.69
Buy (1) Jan 17 30 C @ $4.70
Target Price (35%): $6.40

Covered Call (10 Apr 15): CLDN $17.21

Buy (100) shares CLDN @ $17.21
Sell (1) may 15 20 C @ $6.80
Net Debit: $10.41   Return Assigned: 95.8%   (35 days)

Saturday, April 4, 2015

Nasdaq Summation Index (3 Apr 15): Bearish


The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Pullback, Correction and Bear Market
Pullback: 5% off 52W High    Correction: 10% off 52W High    Bear Market: 20% off 52W High
 
Benchmark
Symbol
52-Week High
Condition
Russell 2000
IWM
-0.25%
Bull Market
S&P 500
SPY
-0.60%
Bull Market
Dow Jones 30
DIA
-1.09%
Bull Market
Nasdaq 100
QQQ
-1.53%
Bull Market

 

Leveraged ETFs (3 Apr 15): YINN $45.35

Buy (45) shares YINN @ $45.35
Target Price (10%): $49.90

Leveraged ETFs (3 Apr 15): DRN $89.58

Buy (23) shares DRN @ $89.58
Target Price (10%): $98.60

Leveraged ETFs (3 Apr 15): TMF $95.63

Buy (21) shares TMF @ $95.63
Target Price (10%): $105.20

China 25 Index (3 Apr 15): FXI $45.66

FXI $45.66
Buy (1) Jan 17 46 C @ $5.05
Target Price (35%): $6.90

Starbucks Corp (3 Apr 15): SBUX $94.39

SBUX $94.39
Buy (1) Jan 16 100 C @ $5.05
Target Price (35%): $6.85

Starbucks Corp (SBUX) announced 2-for-1 stock split, effective 8 Apr 15

Covered Call (3 Apr 15): CLDN $17.73

Buy (100) shares CLDN @ $17.73
Sell (1) May 15 20 C @ $7.10
Net Debit: $10.63   Return Assigned: 93.5%   (41 days)