PeakTrader.com

[administrator]

Fri: Top Buys None Top Sells SPY SPX IWM BHI PD

Primary Trades:

SPY Jun 133 or Jul 132 puts and IWM Jun 78 or Aug 77 puts remain buys on market bounces (for more risky short-term trades: SPY and IWM May in-the-money puts or SPX May 1,320 or 1,315 puts)

Secondary Trades:

BHI May or Jun 90 puts and PD Jun 90 puts may be best (gold, which closed at 680, may top at 700, although currently severely overbought, and some gold stocks, which lagged gold prices, had bullish MACD crossovers this week or today).

------------------------------------------------------------------------------------

Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.

Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.

Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades.