Welcome to the last full week of trading for 2012. Futures are green this morning as optimism over the 'fiscal cliff' have eased concerns. Would expect a little more stability this week and a melt higher. There are quite a few earnings reports out this week, and they were reviewed last night in UPB's weak ahead. That video will be available later today for those that missed it.
Of course I love SODA and SAM this week, and hold calls. Like GS for a move in the next day or so from a channeling chart. Also like BBBY calls for earnings, and continued move higher on FSLR:
|Stock Ticker||Call/Put||Strike||Expiration||Closing Price|
AAPL was downgraded by CITI with a $100 haircut on it's price target, but then Morgan Stanley came out with a positive note this morning based on the China sales data. AAPL was down to 498 in the am, but is now bouncing and holding green pre-market. SINA is getting a nice bid PM as well, holding above $47 after hitting a 52 week low last week.
Expect a text alert sometime this week.
Lets have a great week folks!