Tag: TMSH

Blue Horseshoe Stocks: AAPL, TMSH

Apple, Inc. AAPL

AAPL has been very good to us recently as the stock pushes ever-higher. The last (and only) time AAPL has ever been this highly valued was back in late 2012. We’ve squeezed a lot of life out of AAPL Calls, and should the current trend continue, this may only be the beginning.

During yesterday’s session AAPL surged as high as 649.3699, just shy of a big psychological barrier.  If we can see a break of that $650-mark, we could easily see another 10-point day from Apple. Failure to crack through that mark may result in a consolidation, but nothing of what we’ve seen from this stock lately suggests that the party’s over.

We’ve still got our eyes on the Call side of the options chain as we cruise into the weekend; and as you know, AAPL will undergo a 7-for-1 forward split effective on Monday, greatly increasing its number of shares. It is thought that the calculated move will make the stock accessible to more investors, and we expect AAPL to be trading just under $100 following the split, so that could very well be the case.

We’ll see where it lands, and our strategies will be very much the same as they are now, just at lower prices. We also have the launch of the new iPhone to look forward to, although there’s no concrete date on that yet. Speculation over its new features is something we expect to continue driving up the stock’s value until the product is launched.

All in all, this summer could be a big one for Apple, and we’ll be following along every step of the way, using options to leverage big gains for ourselves as we’ve done so many times in the past.

TransGlobal Assets, Inc. TMSH

On Wednesday, we tagged TMSH in our extended watchlist, and we were glad to have done so. The stock has provided us with a nice 50% move from .006-.009 this week. As you can see on the chart below, there are a lot of positives, including an impending golden cross, so we’re still going to be very interested to see what can happen with this play moving forward.

The key resistance area is yesterday high at the .009-mark, and a break of that level would send us into Blue Sky Breakout mode, so we want to keep a close watch on TMSH heading into next week.

Extended Watchlist:
RMGN, NIHD, BDSI, HKTV, FRO

Blue Horseshoe Stocks: PBR, NQ & Extended Watchlist

Petroleo Brasiliero (Petrobras) PBR

PBR, which did so well for us earlier this year, is a point of focus for us once again. Since the huge gains the stock afforded us from March-May, it has consolidated a bit, and bounced off the 200DMA (Currently 13.69). We are turning our attention to PBR once again, because we want to be ready when the next upswing comes into effect.

We’d like to see support hold off of the 200DMA, and for the stock to make higher highs and higher lows to confirm the trend. When that occurs, we’ll be turning to the options chain as we did this spring,  and presently, we have our eyes on the 07/19 $15 Calls, which as of yesterday were trading in the .30-.38 range.

In the event that the stock tests its recent swing high of 15.85 by the expiration date, it could spell a double or triple for those contracts, so we’ll really want to keep a close watch. 

NQ Mobile, Inc. NQ

We’ve been tracking NQ this week; including the play in Monday’s Extended Watchlist, and this morning, we are seeing some serious pre-market activity on the stock. It is coming off of a recent bottom, and has already begun to fill one of the gaps on the chart this morning (Up to a high 10.45).

This morning’s announcement  is regarding the independent findings of the investigative committee assigned to look into fraud allegations levied against the company in the fall. NQ looks as if it will be cleared of any wrongdoing, and that appears to be contributing to this morning’s spike.

We could be looking into this one at just the right time; in addition to this morning’s good news, the company is also due to release its annual financials, and some positive figures could add even more fuel to the fire. Conditions appear to be reaching an ideal level for us to potentially register some sizable gains with this play.

Extended Watchlist:
TMSH, DRWI, ZBB, VNDA, TAST