3309 Drysdale Ct
Edwardsville, IL 62025
Hope he's right as I'm holding a ton of worthless shorts for
I had a bunch of calls for this Friday for protection against my
shorts but after reading that article a couple days ago on the
option activity/ push and pull and market trying to decide between
3400 and 3300 ahead of Opex it seemed like we'd stay in that range
and my calls were above 3400 so I bailed on them yesterday for a
loss thinking we'd chop around. That turned out to be a
disaster with the gap and super go today. Oh well.
Maybe XOP/DROP can play out a pull back next week and make up
I'll also point out that this could provide a pull back in the
metals and miners back to support but I think this is next week so
they probably continue up for now.
Thanks for sharing. Looks like the backtest on both
continues today, maybe tomorrow too then ka-pow ! So If oil
and commodiites go down for a while what will rally ? USD and
everything else ?
Looks like the bulls heard Steve's newsletter and took another
attempt ... now let's see if they get off the pot !
1st MA pinch from underneath ?
Flush time ?
Lot of tech dumped after hours along with it ... hopefully it
holds through the morning for the flush i've been waiting for.
10 yr daily looks like a cup and handle = bad for qqqs
Watching AMD to see if it holds 104.50. Semi's are getting
Fairly techy article. Seems like we keep bouncing between
4400 and 4300 till Opex and then we'll get a direction, would be
nice to see a flush down to 4300 or just below to secure a better
low and get the FANGS to their 200 DMAs. Let's see if we can
get up to 4380 - 4385 area this aft before turning back down.
The bounce started sooner than I thought so now I figure
we'll peter out and come back down before eod. Good range
perspective if you are playing the daily swings.
Wowsa ! Haven't seen one of those in a while.
Nice views ... S&P looks like it wants to go lower but XLC
and XLK look like they wanna bounce so if we get continued boredom
down the extended trendline (vs. falling through the floor) into
the afternoon I favor a break to the upside.
I like ACAD. Buying.
Took profits in QS. Holding 1 call contract.
DASH looks like a H&S on the 3 month or 6 month time frame.
Unless it breaks 205 on the upside (doubtful) I think we'll
see 190 in short order ... although it should go much lower over
time. Loving the drop in DOCU and FB finally coming along
today .. let's see if they can keep up the green till Europe closes
then maybe we flush.
Thanks good ideas...was looking for these. Already popped
for today will get in on a pull back.
Appears Tech rallys are being sold (slowly) even while oil and
energy have a pause ... need a flush, if not this week
probably before the end of the month. I think DASH is worth
about 1/2 what it's trading at and if re-opening is happening
(which it is) then DASH is worth about 1/4 of where it's at.
Price target $90 within a year. Buy ABNB Sell DASH.
I like BA at this level, building longer term
position...limited downside and big upside potential.
How did it close ?
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!