PLAY: Sell half of your FXI January 30 Calls (YOF AD) at market, good for the day. Hold the remaining half for more upside.
PLAY: Sell half of your Yellow Roadway YRCW January 2011 2.5 Calls (VYX AZ) at market, good for the day. Hold the remaining half for more upside.
Dear Bottarelli Research Member,
The global markets are in a bullish mood this week, and this has really offered a powerful boost to our iShares FTSE/Xinhua China 25 Index January 30 Calls (YOF AD). As you can see below, the FXI chart is shooting higher, which has pushed our calls from $3.60 up to a high today of $5.51, good for a 53.06% gainer. Let’s go ahead and lock in profits on half of this position now!
PLAY: Sell half of your FXI January 30 Calls (YOF AD) at market, good for the day. Hold the remaining half for more upside.
Copper is also looking strong today, which is pushing Southern Copper (PCU – NYSE) above its 200-day moving average. This is a very powerful breakout move, so continue holding your PCU January 2011 15 Calls (XBW AC).
And best of all, the transportation sector has been leading this recent market up-swing, which has shot a jolt of adrenalin into our Yellow Roadway YRCW January 2011 2.5 Calls (VYX AZ). YRCW was the third best performing stock on the entire NASDAQ last week, and the up-move continues today! Check it out:
As you know, we entered our YRCW calls on January 20th for $3.17, and they’ve hit a high today of $4.10, good for a 29.34% gainer. Since YRCW has a potential double-top formation at $5.50, let’s take the cautious approach and lock in half of our profits now.
PLAY: Sell half of your Yellow Roadway YRCW January 2011 2.5 Calls (VYX AZ) at market, good for the day. Hold the remaining half for more upside.
Sincerely,
