GOOG - Looks prime for a new 2013 high this week. After a few days of consolidating higher. GOOG channelled in this same range last september from 750-770 so I would expect to see the same type of range going forward until we break one of those two levels. I am currently in some 760 calls and am looking to hold for 765 target.
AMZN - Watching AMZN trade after hours makes me believe that 300 is very possible this week. Will look to enter some 290 strike calls tomorrow to see if we can get some type of squeeze play much like how NFLX ran last week. Very powerful daily candle formed today on AMZN.
JPM - Banks continue to show alot of strength and with JPM’s bullish engulfing candle today it appears that JPM is looking for new 52w highs as well. Could supply a nice scalp type trade with the 47.50 calls tomorrow with 48.20ish target. The 47.50 calls are only .20c so they could run a few hundred percent if target is reached.
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