Sunday, January 9, 2011

Investors & Friends:

Here's a summary of our investment actions from the past week.

Option Strategies - Naked Puts

1) Target Corp (NYSE: TGT) - We sold Jan '12 $25.00 puts. On Thursday Target was down almost 7% after it said same-store sales increased only 0.9% in December, falling short of analysts' estimates. Many retailers missed analysts' expectations for the holiday month's same-store sales. Retailers appear to have overestimated the spending momentum of consumers, delivering December sales numbers that show the economy is still in a poor condition, or at best in a slow recovery mode. Target's Great Recession low was $24.40 on 3/2/09.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending January 7, 2011.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio

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