3309 Drysdale Ct
Edwardsville, IL 62025
Matt or Steve will probably discuss it tonight but I think Matt
was describing a possible divergence which would potentially result
in a positive move for SPX and a negative move for the VIX. Sounds
like he was referring to a daily time frame.
Wow. Kind of huge on a couple levels....but for now with TSLA at
a 96 PE and AAPL at a 23 PE, I don't see valuation support for the
"not budging" means staying in short term strong uptrend? Trying
to square this with VVIX signal above 110 that Matt pointed
out. VIX looks like it's filling an open gap to me, but the VVIX
signal is concerning (but I don't know the mechanics of the VVIX
indicator all that well)
TSLA - anyone else seeing an objective short on the 30 min
chart? I was so mad when they put this in the S&P. Big fan but
the valuation is/was nonsense. With its size in a cap weighted
index, is it possible it doesn't take down the index if it goes
down? (my target is 505 ish)
PTON - I still have people asking me to buy this one for them.
I have declined since day 1, and had no regrets even
when it was going up every day, but fans will be fans..
Anyone selling upside calls on SPY, SPX, XSP, etc? What
strikes are you selling?I typically like to sell 45 days to
expiration, 16 delta (or less...but it's tough here because the
fibs set up to touch those levels on a decent bounce.
Morton7 speaking for the rich guys. He's fired
Is there an ETF for commodities exposure in foreign currency
Commodities slightly positive today with the USD impact stripped
out (PDBC or DBC vs UUP)
Bonds are too. I was looking a friends 401K options last
week and was surprised to find that the "stable value" fund in his
list of options was returning around 2%. That's not "stable" in a
8% inflationary world, but it's better than losing capital (on top
of debasing what you have left).
UUP & XLE with an inflationary backdrop - we know that
dollar strength doesn't tell the story of inflation because it's
measured against a basket of other currencies...which largely
follow the same policies and have the same issues as a result. But,
and this is a question I'm trying to work out for myself...maybe
with the help of some of you, if/when the dollar gives up some of
its recent parabolic move, inflation pain for Americans should
increase somewhat proportionally (all other things remaining
equal)....right? I mean, it's been basically amazing to me that
energy and commodities (not today, but overall) have been so strong
in the face of dollar strength. That tells me that inflation is
really MUCH worse that it feels and may really bite if the dollar
backs down from here. My family (except me) runs a business that
does a lot of work in Europe (specially Italy) and they are hurting
over there much worse because they are buying the same commodities
but with a much weaker currency. Am I off base? Is it
possible that a dollar retracement of recent move will be fuel on
the fire of XLE and PDBC since they are largely priced in
I think her point is to provide a sector / factor ETF for money
managers looking for a simple way to add exposure. No money manager
in their right mind would hold ARKK as a large percentage of a
portfolio, but it's been useful for gaining exposure in "risk on"
environments. I've never her heard her describe it as a
"diversified" solution. It's in my toolbox as a future shortcut
when I sense I turn in those type of names.
That's one approach, but daily is too short term for me. I'm
selling 16 ish delta SPX and NDX puts when the market is down and
selling SPX/NDX calls when it's up. Typically going out 45 DTE and
rolling around 21 DTE. If you're targeting 10% - 15% per
year, you don't have to risk much to make it happen. It's always
tempting to go bigger because 16 dela trades works nearly 90% of
the time,...but the 10% of the time it doesn't work can and
basically always does happen eventually so I keep my size
Do annotations show up consistently with "chart links" for
Stockcharts.com? In the
links above, I only show the support areas. I much prefer
TradingView.com, but I guess I would add
stockcharts.comif it meant I could
bookmark BPT charts more effectively.
Forgot to include this:
I don't know of anything that does this out of the box. However,
if you are comfortable with API's, then you're only limited to your
imagination with a lot of platforms. Interactive borkers has a few
API templates in Python and other languages. Let me know if you
find anything that is more plug and play - I'm also interested in
the type of automation you are suggesting.
AMD breaking above resistance. Looks like next stop / resistance
Open System trades - any idea on what it would take to get the
open system trade (short SPX) to close?
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