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Sold 1 SPY system call,

Posted by lapri24 on 2nd of Jul 2021 at 03:50 pm

Sold 1 SPY system call, sold 1 option on AAPL. Not to get greedy is the hardest lesson I haven't learned yet, so I'm practicing.

Never thought IBM would move

Posted by lapri24 on 2nd of Jul 2021 at 01:23 pm

Never thought IBM would move that much except on earnings days :(  

Thank you AAPL for making it all up and more... like that ad '1984'...

They both look good. Bought

CCIV  ABNB

Posted by lapri24 on 30th of Jun 2021 at 04:04 pm

They both look good. Bought them both. Thx.

Scary to buy at a

SPY Systems early notification

Posted by lapri24 on 29th of Jun 2021 at 04:13 pm

Scary to buy at a bottom for a reversion trade, scarier to buy at a top for a breakout trade. But they have both worked before, so I'm counting on it :)

I would put all my

Reversion to mean systems big project

Posted by lapri24 on 25th of Jun 2021 at 12:15 pm

I would put all my account money in that fund.

Was there any news of

Posted by lapri24 on 24th of Jun 2021 at 12:51 pm

Was there any news of infra deal or something? Stocks I'm watching is going vertical. NUE, X, CAT, CX, GVA

SFIX starting to move?

Posted by lapri24 on 22nd of Jun 2021 at 03:22 pm

SFIX starting to move?

Very unscientific, unsystematic 'indicator' that

Posted by lapri24 on 22nd of Jun 2021 at 01:30 am

Very unscientific, unsystematic 'indicator' that I sometimes look at:  wallstreetbets sub-reddit. When they are 'end of the world is here' bearish and telling each other not to wake up the next  morning, it is a huge bounce the next trading day. They were super negative from Friday to Sunday.

But that SPY system trade - I did take it on Friday after the close but boy it was the scariest thing to go long at the end of endless drubbing all week... Got one call option and small amount of 3x ETF.

Just 'bought' XLB on paper.

Posted by lapri24 on 18th of Jun 2021 at 01:14 pm

Just 'bought' XLB on paper. Very much oversold, daily candle is doji totally out of bollinger band. Just to see if Monday forms a white candle and complete the morning star pattern.

COST was in Thursday's Newsletter as 'either'. I'll be watching... Judging by how XLY and XLP has been trading, I tend to think the break will be to the downside, so probably the opposite will happen...

Big techs in my holding

Posted by lapri24 on 17th of Jun 2021 at 03:27 pm

Big techs in my holding doing well (AMZN, NVDA, AAPL), plus MRNA, ABNB, TSM. Everything else is either crap and I sold or I was stopped out (reflation, cyclicals, energy).

I am slowly figuring out what works and what doesn't, for me. Trying to trade often results in a near disaster because I am not nimble. I think I spot good opportunities (thanks to BPT!) but often I am too early or too late. I don't have much patience with volatile small-cap stocks and end up losing. What works for now is to buy a quality company at a low risk buy point and hold/monitor. Not sure of putting stops though, as I have been stopped out in this choppy market even if my stops were generous - so I often end up being sold at LOD. 

If US$ strength continues, maybe buy non-US companies, or EEM. Already have TM.

My holdings have gotten automatic

Posted by lapri24 on 16th of Jun 2021 at 03:08 pm

My holdings have gotten automatic trim (aka stop loss), a tad sooner than I could cancel. They took my ABNB at day's low, bastards.

Powell saying all the 'wrong'

Posted by lapri24 on 16th of Jun 2021 at 02:43 pm

Powell saying all the 'wrong' things... "Inflation could be higher and more persistent..." No kidding.... You were supposed to repeat 'transitory' in every single sentence LOL.

It already feels like Powell

Posted by lapri24 on 16th of Jun 2021 at 12:32 pm

It already feels like Powell spoke LOL. Bad.

Thank you Steve. If you

Tuesday Newsletter

Posted by lapri24 on 16th of Jun 2021 at 12:47 am

Thank you Steve. If you have time, can you elaborate on your comment about "triangle pattern happens on 4th wave or B only"? I am not that familiar with wave counts.

That's a good enough target. Thank you Steve.

ABNB taking out early June

Posted by lapri24 on 15th of Jun 2021 at 01:24 pm

ABNB taking out early June intraday high.

Stocks in industrial and material sectors are getting 'toxic' too. Looks like 'reflation' and 'infra' trades are over.

I saw the headline earlier saying there may be a trouble at a Chinese nuclear power plant in Guangdong province, 'imminent radiological threat'. Fuel rods seem to have been damaged and they are releasing noble gas.

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