Apple

Wow. All I can say is wow. What a quarter. I mean I thought they would crush but One Large more in revenue? And $.50 more per share in net income? PhenomenaI execution. Not just great products but the ability to manufacture, market and distribute. I am long calls and the stock and I am going to hold both. I think tomorrow will be a big day and I don't see any reason for this stock to slow down before $300. Volume has been good and it is now through both the 20 day and 50 day moving averages. The recent closing high of $270 I think will be broached summarily and I will look to take some of my positions off the table past $300.

I am going to long AMZN before their report later this week. I think they are going to blow the doors off this quarter as well. They have dropped a couple of hints I think in terms of the number of books they have sold on the Kindle and a couple other tidbits. AMZN is tight lipped about Kindle sales and this is an interesting bit of information they have released. I may increase my normal position buy of ten contracts to 20 or 30 as I think it may be that good.

GOOG and MA also are attractive and I may be active with them as well as CME. CME has been coming back a bit and I may enter a long position with them tomorrow. Support sure looks good at $265 so instead I may generate a little cash and short puts at that strike and deploy the cash generated for the longs I am interested in.