May help fuel more upside to OIH and GLD.  ;)  I'm long coffee, oil and gold...thinking we may get a little chop then resume next week.

Yup so what you want to do in a Stop Limit order is enter a Stop Price i.e. .18 and Limit Price something lower i.e. .16 but as Steve pointed out if it gaps down and never sees a minimum bid of .16 you may not be stopped out which is the risk with a Stop Limit vs. just a Stop.

I wonder if we now

US Dollar down big and gold up nice

Posted by deep on 19th of Jun 2019 at 02:17 pm

I wonder if we now get the inverse of the knee jerk often followed by Fed releases.

Added to my calls yesterday.

Matt - How is TSLA

Posted by deep on 18th of Jun 2019 at 02:28 pm

Matt - How is TSLA looking for a short ?

Food for thought.  Nobody has

BYND

Posted by deep on 18th of Jun 2019 at 12:46 am

Food for thought.  Nobody has any clue as to the mid-term or long-term side effects of consuming fake meat (short of tofu and bean burgers - which these are NOT).  Keep that in mind.  Watch Black Mirror - With all the amazing things that technology brings us, it also brings many unknowns that once adopted it's too late to turn back.   Having said that as far as momentum plays goes this one is crazy !  Thought about shorting it for a day at the close today but changed my mind.

XLP short triggered

Posted by deep on 13th of Jun 2019 at 11:05 am

XLP short triggered

FB just fell off a

Posted by deep on 12th of Jun 2019 at 11:51 am

FB just fell off a cliff on report.

Yes..looks like it's rolling over

SPX 15 and 5 min

Posted by deep on 7th of Jun 2019 at 02:56 pm

Yes..looks like it's rolling over into close.

Is MACD recycling for a

Posted by deep on 7th of Jun 2019 at 01:56 pm

Is MACD recycling for a late day push ?

Pain trade continues...short squeeze spike

SPX 120 Updated

Posted by deep on 7th of Jun 2019 at 11:05 am

Pain trade continues...short squeeze spike in USD.  At this rate we'll retrace 100% by Monday.  I've taken 1st short position and will double down at 100.

@Steve - Congrats on the

Posted by deep on 7th of Jun 2019 at 12:28 am

@Steve - Congrats on the draft !  PS- I hate WATCHING baseball and golf however watching stocks is somehow still interesting :)

Pain trade...we are all expecting

Posted by deep on 6th of Jun 2019 at 03:04 pm

Pain trade...we are all expecting a pull back... maybe tomorrow.

Thanks!

This is an important chart !  Thanks for the post.   Matt/Steve - When this guy (chart) changes direction you've got to include it in the news letter.  The pain trade is clearly higher and it's a perfect storm for a whipsaw so I expect good volatility the next couple days. 

SPX bounced off 2735 3

SPX 5 min

Posted by deep on 3rd of Jun 2019 at 01:54 pm

SPX bounced off 2735 3 times ... next time it goes thru.

That was interesting... I think we gotta get down to 2725 (maybe today) then get a nice turn around Tuesday bounce... that's what i'm hoping for, we'll see.  

I took profits on AMZN short way too soon but i'm in on the TSLA it's through support, next stop maybe 151 area.  Short FB as well, betting it sees 160.

I'm still tracking that presidential

market comments

Posted by deep on 6th of May 2019 at 12:20 pm

I'm still tracking that presidential cycle chart you sent a while back and this news fits the mold perfectly.  Now we just need some further retaliation from China (like not getting on the plane for talks later this week) and/or for Trump to stick to his guns and we'll have the additional news required to get this puppy at least down to 2840-2850 to fill that gap.  Let's see how long it takes to get there !

Fantastic setup !

WSM short getting closer to

Posted by deep on 1st of May 2019 at 11:33 am

WSM short getting closer to trigger and what's up with MDB - rotating money to AAPL or setting up a big pop ?

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