What's up with the Cloud

Posted by deep on 16th of Oct 2019 at 11:59 am

What's up with the Cloud Names being sold hard - Rotation into ?

Put/Call has moved from .90

Posted by deep on 14th of Oct 2019 at 01:54 pm

Put/Call has moved from .90 on Friday to 1.2 today.  Lots of put buying.

Well  looks like we have

Posted by deep on 11th of Oct 2019 at 04:56 pm

Well  looks like we have new highs coming and the big bad wedge Cramer showed on TV won't play out after all ... should be enough for GLD to get that 10% drop it needs.  Unless of course someone changes their mind on the deal before it get's inked. ha

Playing Nostradamus is a bitch

Posted by deep on 11th of Oct 2019 at 12:40 am

Playing Nostradamus is a bitch ! - Best Technical Analysis site.  Period.  Thank you for what you do.  i'm slowly learning that when Steve says "The Onus Is Clearly On The Bulls" a few weeks in a row that means get the hell outa dodge! :)  My plan is to sell tomorrow's bounce by doubling down on my Jan AAPL and MSFT Puts which are holding up the Dow and SnP.  It's pretty surprising that short term call premium is relatively high and short term put premium is low.  It's not a question of IF, it's a question of When and dammit i'm always too early.... I can't see this continue to be propped up through the end of this year but neither can most and that has me worried.   I've lost a lot of money (~400k) over the past decade and in the beginning it was just expensive learning but the options game is truly insane and I feel like it's the only way I can make it back.  I shoulda just put my money at work on the SPY system and i'd be a happy camper.

How is everyone feeling about

Posted by deep on 9th of Oct 2019 at 12:52 pm

How is everyone feeling about the lovely bounce today.  Was scratching my head last night after seeing Cramer put the big S&P bear wedge out there.   The Talking Heads are soooo bearish which makes it rather difficult to be bearish.  Put/Call is even.  Tricky.  I'm going to stick to my guns and say today is a blessing and buy Jan AAPL and MSFT Puts and SPXU  and SQQQ calls out the wazoo.  Also buying calls for next week in case the Anti TV rally continues which is more likely along with some GLD sinkage.... let's c.

Matt/Steve - Couple notes 1)

Posted by deep on 8th of Oct 2019 at 10:51 pm

Matt/Steve - Couple notes 1) The Ads on the trading community page are a nuisance...especially when they pop up in the middle of the page/post - this looks to have stopped but still a nuisance.  2) When I tried to watch the Newsletter on my Android phone today (New Player)  a few seconds after starting it blanked (black/grey) out my screen... I like to look at the charts while i'm listening but with my screen blanked out it's useless...can't even go to the left pane to move around the news letter...i have to reload the page.  My guess is this is related to an ad plug-in as well.  I rebooted phone and everything... Hope you can fix this.

Did these guys change the

Posted by deep on 7th of Oct 2019 at 03:42 pm

Did these guys change the site or am i at the wrong site for the hourly put/call ratio ? -> http://certification.bats.com/us/options/market_statistics/current/?mkt=cone

At this rate we'll be

Posted by deep on 3rd of Oct 2019 at 02:23 pm

At this rate we'll be back at 2940 tomorrow ha !  But given how Friday's have been lately, if we continue to trend up today, there is a better chance of pull back tomorrow.

Ah yes, the gap on top and the shelf support !  I like it.  Not sure we'll get there but I like it.

All - Any thoughts on

Posted by deep on 3rd of Oct 2019 at 11:22 am

All - Any thoughts on a good level to START building shorts again ?  Q4 is FAR from over..  I'm thinking Feb calls on Inverse ETFs.

If we head down to

Market comments

Posted by deep on 1st of Oct 2019 at 01:41 pm

If we head down to the 2nd Gap that will flip the script...ATR.

Did we fill the gap

Posted by deep on 1st of Oct 2019 at 01:40 pm

Did we fill the gap on the S&P ...looks real close ...

Hasn't filled yet ... maybe by the magic 1:30 ?

Can't get enough of that

Posted by deep on 1st of Oct 2019 at 01:12 pm

Can't get enough of that Sugar Gap ... Sugar Gaps!

Gotta  luv turn-around Toosday ;)

120 min view SPX

Posted by deep on 1st of Oct 2019 at 10:28 am

Gotta  luv turn-around Toosday ;)   I still think after today they will push it up one more time for 1-2 weeks before pulling the rug out.   Q3 ended up so we have 3 up Quarters this year.   Matt - How many times does that result in a catastrophic Q4 ?  Seem to recall that's a high percentage.

Most of the time i've seen action like this it results in SERIOUS down side in the very near future.  The only anomaly this time is that so many stocks are already beaten up pretty bad (wouldn't know it from the indices).  I guess they will get the rest (AAPL,MSFT,BA,COST, W A T C H).  We're still up for Q3 (marginally) short of a huge drop on Monday.  If we close out Sept. green I'm betting on

This chop is making me

Posted by deep on 26th of Sep 2019 at 11:03 am

This chop is making me sea sick...

finally...  cmon 2940

Posted by deep on 24th of Sep 2019 at 12:29 pm

finally...  cmon 2940

Bounced right off support at

SPX 60 and 120 min views

Posted by deep on 24th of Sep 2019 at 11:51 am

Bounced right off support at 2980 ... if we break through then gonna pile on the shorts.

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