Cosmic's MarketPlace Wrap - 4/28/2011

[cosmic]

Industrials are surging as evidenced by the Dow, the rest of the market is being dragged along apparently? Not sure why this action seems so anemic... perhaps just out of an abundance of caution? Who's buying a lot here? You? Me?

I did pick up some SOL today on weakness after their earnings. The pointed to a weak Q2 after a very solid Q1 and initially got hit with a 8% club to the head for being honest on their outlook. Throughout the day most of that was made back.

Took it easy again today as I feel I might finally be ahead of this fever after almost 2 weeks.

Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!

[tajmahal9898]

Only one trade
closed MU short position for 11.30/11.31 -- realized profit of 14.5K. Got lucky..

Still holding naked short AMZN May 190 calls

[demanuel2001]

Legged my short tomorrow LVS $48 puts into next Friday for an extra dollar in premium. Bought a couple K more LVS shares in a scalp that I have to hold overnight. Got mildly freaked by BCO (they beat earnings and dropped) and dumped my shares for a very nice profit. Did the same with my MDVN. Net net looks like I'm up a smidgen on the day.

[sloop]

still sitting on my AMZN short

[davetherave]

Sold remaining HAL for some nice gains on shares bot in front of earnings.

BOT small position in AAU ....at a little at 5.22 and a little at 4.90.

WNR - I forced myself to sell part of this position after adding to it just yesterday. It was too big and I don't like how it's acting..just reduced some risk.

NGD acting OK here above the 20 day.

[timber]

mnkd calls closed.....still own the shares

sold slv from my buy from yesterday

thinking of buying caps here....

[PoorHomey]

I made $57.18

I take that back.. Found a penny on the ground during lunch, so...

$57.19.

[clemsontygr]

Why so sad Homey ?