I like it so far. Very useful / time saving on my end. Thx.
Now I just need a 5th monitor   

FREQ on the move 

Yep, all day, but now moving up strongly. Market knows something coming or people just adding hedges at new highs? 

Kudo's to new calls in this weekends newsletter!
Besides SONO,  there was RIG (up 45% ) and RRC (up over 21%).

Thoughts on TBPH?
It triggered this morning (for my strategy), lost it, and has been climbing back all day.  I was already tracking and then it came in from another stock picking service I use this morning. 

Thanks for the great insight. I've been a TSLA bear for the same reason I've been a AMZN bear - valuation.  I can't justify touching it for client accounts, but I came off the fence and personally bought it a few weeks back. I'm too big of a fan to sit on the sidelines! 

Markets at any one point in time represents the real time balance between buyers to sellers. The fact that the markets are relatively stable here, tells me they are rigged. 

Plunge Protection Team working over time to defend 3K.   What rational individual or institution, anywhere in the world, would be buying S&P futures this moment with the almost certainty that there will be a sale tomorrow?   It doesn't make any sense. Either the Fed crossed another red line (in secret) or another Gov team is buying in secret (my opinion).  

Plunge Protection Team seems to be defending 3000

Anyone have experience trading XSP vs SPX?  I like the flexibility of the much smaller notional value (1/10th SPX), but not sure about liquidity, etc. The spreads look pretty good. 

Looks like Presidential Plunge Protection Team work to me :)

If you're the Prez, wouldn't you be tempted to strongly suggest that a team with a classified budget in the Intelligence group be given orders to buy large amounts of equities?  I mean, it wouldn't be all that difficult to make a strong case that stock market crashes harm national security.  I'm not saying I agree - just saying it's hard to imagine it's never happened in the past and is very likely happening again during this cycle.

Did we just put in a potential wave C on the 3 minute?

One of my first big  losses was in 2002 or 2003.  I woke up to a 23K pre market loss in OVTI  (before I had 23K to lose). I didn't go to bed with open positions back in those days, but I made an exception because camera phone lenses seemed like they were going to become a hot thing and were as close I as I was going to get to a no brainer.  Long story short, the stock gapped way down past my stop after they delayed earnings and announced "accounting irregularities" before the open.  I hate that stops only work during normal trading hours. 

Matt / Steve -  Would you consider sharing some theories on setting stops?  I've never been a big fan because I've experienced the risk of pre and post market gaps,  getting hit right before a reverse (even when I thought I set it wide), etc, etc.  These days I tend to use options for risk management instead of stops, but the newsletters are really starting to drill the idea of stops into my head and I'm  starting to reconsidering old habits.  Wouldn't mind hearing from others as well. 

I meant took profits on the short side of PUT spreads

I must have misunderstood your earlier post. Darn, I was hoping to hear that another weak hand got taken out and switched bullish  I took profits on the short side of my QQQ put spreads earlier this week and rolled the long side out in time...but too many people like me out there right now keeping a floor under what should be a horrible market 

Also, an expanding multiples makes sense if the risk free rate is .6% (or less) and there is no inflation expected.  Many fund managers have charters that don't allow them to go to cash. There is a ridiculous amount of money out there and it has to find a home...even if it's a really beat up home. It may just be the best home in a bad neighborhood. 

Too many people are still hedged and negative (me included). Need more positive sentiment and people like ssaffer throwing in the towel and going long....then we'll get a reality check. Will we test the lows and/or make new ones? Who knows.  It's just that markets bottom because sellers exhaust themselves and vice versa  with tops - which also has a tendency to inflict max pain.  We need to get more participants off sides before we get a turn. 

Anyone else having trouble seeing the video today?
I was able to scroll through the slides but there was no audio. I got an error with all 4 browsers I tried with the newsletter that allows you to jump around (complete fail on that one). Please post. This is an important time to be tracking as close as possible. 

Plunge Protection Team?  Market feels a bit manipulated, beyond just the very obvious manipulation like Fed openly buying HYG and JNK. I would  be so angry if I came into today with puts on those!!