administrator Site Admin
Joined: 28 Dec 2005 Posts: 12643
|
Posted: Mon Jul 10, 2006 5:29 pm Post subject: Tue: Buys EBAY SMH KBH IMGN Sells SPY |
|
|
Tue: Top Buys EBAY SMH KBH IMGN Top Sells SPY
Primary Trades:
SPY Sep 128 or 129 puts are buys above SPX 1,270 tomorrow for a short-term trade. EBAY Aug 27.5 calls have huge upside potential. EBAY reports earnings next week.
Secondary Trades:
Semiconductors are relatively undervalued, including MXIM TXN AMD and BRCM. However, SMH Aug 30 calls may be best. KBH Aug 45 calls are a buy on pullbacks. IMGN is a buy at 3.
------------------------------------------------------------------------------------
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. |
|