10:50am (EST)

Winner, winner, chicken dinners.  We are locking in a small profit for our PowerShares QQQ (QQQ, $58.35, up $1.08) call option trade which takes our streak to 22-straight winning trades in-a-row.  We are also taking half profits in Spreadtrum Communications (SPRD, $24.53, down $0.79) which is giving us nearly a 100% return but has turned lower after hitting a 52-week high earlier this morning.

 Subscribers, check the Members Area for the updates or your email inbox for the updates.  If you are not a subscriber but would like to get in on the action, please click here.