INFI is a currently a steady climber

VRNG

VRNG recently won a lawsuit against google.  They were awarded $30M in damages and will receive royalties until 2016.  We are awaiting to see what the royalty rate will be.  Also it seems like the jury made a mistake with the damage amount for google. It ended up being $15M but other people are suspecting that it should have been $150M.  The final verdict has not been entered in by the judge.

Netflix

Netflix has had an interesting move the last few weeks.  Some buyout rumors with possible suitors Amazon, Microsoft and Yahoo.  Carl Icahn recently bought stocks and options that amount to about 10% of the company.  Will Icahn force Netflix to sell to someone?  Maybe.  I think netflix should stay independent,  I don't see why they need any help.  In a few years once the international efforts become profitable they will get back to $1+ EPS per quarter.  I think the price of the stock will hit $90 by the end of the year.  The chart looks really good now.  If it falls below the 10 day simple moving average I would consider selling it.

Stocks have been taking a big hit the last few weeks.  Issues with the fiscal cliff, company earnings and now tensions in the middle east and probably a little bit of Europe.  Despite all these market is up 8% this year.  Seems like Europe issues will be with us for a long time so maybe the market is use to it and move higher any ways.

Friday may have marked the low for Apple (AAPL).  If interested you may want to buy and put a stop around $515.  Hopefully we can see this stock above the 10 day simple moving average.

AAPL GOOG Earnings

GOOG reports Oct 12 and AAPL Oct 16.  They might run into earnings.  So you might want to get them before October starts.  I just opened AAPL Oct 705/710 call spread for $125.  If at october expiration it is at $710 or above the spread will be worth $500.

I'm considering a GOOG 765/780 Oct call spread, but I am waiting for a meaningfull pullback in google.

Some stocks to watch.  GMCR CHK FSLR CLF

Big week.  Apple announcement Wednesday.  The Fed and Europe vote this week.

Top stock picks: MLNX PCYC ELLI

Looks like SPX is slowing melting up
Earnings this week CRM ARUN GES

SPX still pushing higher.  Probably hit resistance at 1422.  Must own stocks ELLI MLNX ULTI DDD AAPL GOOG.  AAPL target $645-$660.  GOOG $670-$700

SPX

Hitting the top of the channel. Expecting it to trade down over the next few days.

SPX riding up the channel.  Either bounce here or going to the bottom of the channel.

Earniings

FSLR - looking to short
GMCR - strangle
RIG - Puts
LNKD - calls

REITs

REITs stil on fire

MLNX

MLNX looks good again today

SBS

SBS slow and steady winner

Tuesday earnings ideas

Earnings ideas.  FIRE 50/55/55/60  Butterfly for $1.30
                             RGR 50/55 Call Soread $1.75

Biotech looking real weak now

PCYC coming back alive.  Near 55. I can see it reaching 60 soon.

OCZ up big today on rumors of a buyout of about $17.  I nibbled some afterhours on friday at $8.15.  There were a lot of options bought today.  Announcement might be afterhours on monday when seagate reports.
http://www.brightsideofnews.com/news/2012/7/27/seagate-completes-acquisition-of-ocz-announcement-during-seagate-earnings-on-730.aspx

Biotech FDA decision thursday. HZNP and PGNX.  I think these will move the most.  Consider am Aug straddle play

AAPL seems the most consistent to the upside.  Consider a weekly call spread 605/610 or 610/615

Tuesday interesting earnings
AAPL
CPLA
CTRP
DPZ
NFLX
PII
QCOR
TRIP
UIS

Prediction Up: AAPL DPZ NFLX QCOR
Prediction Down: CPLA UIS PII CTRP

Earnings: FFIV inline down some after hours
                 MLNX Halted:

VVUS will probably selloff after today.  August put spread 30/25 would probably work.

AMRN FDA next week. Analyst price targets $21

Starbucks SBUX forming a wedge.  Could breakout either way but more likely to continue down.  I currently have a 50/47.5 put spread for August.

Nice recover in PCYC

PCYC last surge.  Sitting right under $59.  Close above $60 next week I believe.

NFLX up early this morning

Informatica down 26% after hours on negative Q2 pre-announce

Now this is a motorhome: http://www.frontdoor.com/buy/video-vin-diesels-mega-motor-home/56410?affiliate=blocker&omnisource=SEM&c1=Celebrity_Homes_Computer&c2=Celebrity_Homes&c3=Taboola

ARNA now up 14%.

Taco Bell offering a buy one get one free Cantina Bowl.  Price around $4.79.  Similar to Chipotles bowl.  Go to taco bells facebook page to get a coupon. Offer expires July 7th

Interesting stocks on the new high list
PRKR LF NEON AACC BWS SEM SMBL AKRX

ARNA up 5%.  This could have some legs up to $12-$13

WPRT possible pullback coming

DDD strong trend up

PWRD bouncing back

PCX up 32%.  Two good days in a row.  Could get up to $3 soon.  If this is a turn around could go up a whole lot.

Chart of PCYC.  Has run up a lot but we are ok as long as it stays above the 10 day simple moving average.  Has gone from $15 to $58 since the beginning of 2012.

Stocks to checkout: ELLI V AAPL

Todays movers
PCX - Coal stock.  Has a lot of upside if coal goes back in favor
LIVE - Small market cap may possibly be a pump and dump but you can male money playing it.
GRPN - Hurting.  You could probably short this.

Other biotech moving
REGN
CLDX
ALXN
BMRN
IMGN
MAPP
NAVB
SPPI
THRX

Upcoming FDA catalysts
VVUS July 17 ($29.93)
HZNP July 26 ($8.25)
AMRN July 26 ($15.46)
ONXX July 27 ($68.09)
PGNX July 27 ($10.47)
SLXP July 27 ($55.65)
You can ride these up until the FDA day.  Then possibly do a straddle with options.

Thinking about going short on SHLD.  Possibly August 57.5/50 put spread for $2.58

Active stocks to watch: AFCE AKRX ALCO ALGT AUXL GLUU HCII HTLF JBSS LIVE PCYC PGNX SMBL SPPI SQI SUSS ULTI