Hi folks.....market was up basically all day.....eco data was good and no euro news to dampen the happiness. DJIA closed at +92. GDP numbers tomorrow....so watchout!
To the trades:
Been trading more stocks lately....and you know what?....I've missed it....I'm more relaxed and actually happier. I still like options, but right now with kids home for summer.....stocks are working for me...
Fat pills were being served today....ARNA received FDA approved for the markets first fat pill in 13 yrs. VVUS and OREX followed suite in hopes their fat pill will be approved.
Was disappointed in ARNA's overall reaction. Hit a high of $13.50 and closed at $11.21.....I was expecting 100% or at the very least 50%.......
Has Wall Street not seen America's waistline? Geezzzzz!
LNCR 300 30.21/31.20 +.99 or +$300...it hit $33ish....so money was left on the table
ARNA 500 11.59/11.79 +.20 or +$100
AAPL 575 w c 3.10/3.20....nothing
Overall...a nice day!
Good night everyone.....
sdh
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