An Open Play Weekly Update - Equities

Last week was another very profitable week for the Velez Opportunity Report, as many of the plays we've been carefully building and nurturing over the past few months continued to roar. Eastman Kodak (EK), now up over 125% from my lowest buy point, tipped above $8 to reach a 52-week high. Pacer International (PACR) another 100% plus gainer began to reward again and Toll Brothers (TOL) exploded out of the box right after my second add. Even my beloved MannKind (MNKD) began to show us some love again. I'm determined to demonstrate that MNKD will deliver total gains for the Velez Opportunity Report in excess of 1,000%. We've already captured 900% or thereabouts. Another double brings us to that much coveted goal. It will be had. 

Gold and silver performed well last week and as a result so did our DGP, CEF and SLV holdings. I remain elated about the future prospects for these two metals and will not let them go. Stay tuned for renewed futures plays in this all-imprtant sector. The metals will not die, much to the chagrin of the monetary scientist who regard it as the enemy of their fiat currencies. I will continue to make this area the cornerstone of my wealth building activity for the foreseeable future.

Amidst all the good, the week was not without its challenges, however. Qualcomm (QCOM) gapped down several points after an initial 1 lot buy initiated days before. It's been a long while since such a challenge has emerged, and I for one say, it's about time. Admittedly, gaps against my position never feel good, but as long as they occur above key support and remain controlled, in the long run they often prove to be gifts in disguise. Watch how I masterfully work this play over time. You're going to be amazed, if you have not seen me methodically work a scenario like this for huge profits. 

The Updates

The below video updates reveal some of the actions taken intra-week along with some of my thoughts about what's next for these positions. Sit back, listen and learn as I delve into the inner workings of professional wealth accumulation.

The second buy into Toll Brothers (TOL) early in the week could not have been more timely. In fact, the move was so vertical, it ignited a quick profit taking sell action, which I explain in detail in the below video. Listen carefully. Toll Brothers Update (click here)

Abbott Labs (ABT) brought about two buy actions last week, which is rather rare. The accumulation phase has gotten off to a busy start, revealing that this is likely to be an active, exciting play as it develops. Listen to what is likely next in the video below. Abbott Labs Update (click here)

MannKind (MNKD) looks to be in play once again, after its monster gap down from the mid $10 area last month. Listen to my brief explanation of how this play is going to be worked for another double.
MNKD Update (click here)

Qualcomm Inc. (QCOM) caused a bit of a ruckus last Thursday as it gapped down just two days after we nibbled on the shares. But over time, I believe this will prove to be a gift in disguise. Sit back and listen to how I plan to not only salvage this play, but turn it into an even bigger winner.
Qualcomm Update (QCOM)


In the next issue of the Velez Opportunity Report, I will be updating the commodities/futures part of my portfolio. Many interesting things have happened with Coffee, Oil, Gold and Natural Gas, and they warrant a through update. Stay tuned.