Sounds like a plan!  Our C tests are taking up to 10 days to come back from Labcorp! By then you are either well or dead! Waiting on the 13 minute new test by Abbott. That is what we need!  I don’t think you sound like COVID-19.

MATT,  since you have a sore throat and headache and fever, no known COVID exposure, but a history of recurrent strep throat, AS A DOCTOR, I would suggest you get a strep test ASAP since it is so treatable and responds quickly. I it’s negative, then you should consider other options.  You hope you feel better soon!  

AEGN headed up. I bought yesterday and added some this am.  MATT, would you be looking for a new high in this environment? Thanks.  

Thanks, Kevin. The article seems to suggest a lot of the rebalancing may have already occurred, and the ramp up was not that much today, which leaves a concern over what may happen tomorrow. Over my head to judge. I will leave than to the heavyweights on the board!

No problem, Steve. Taking care of your wife and family is your most important job right now. We all understand and continue to pray for peace in the middle of the storm for all of you.

Goldnice, options how far out?  1 year?

Got it. Thanks, MATT

STEVE, CCJ back retesting the breakout area here. Still a buy in your view?

Yeah, I’m I’m listening and love the guidance from Newsletter, but was confused whether we are looking for a lower high or new high. Thanks for your thoughts!

Ssaffer, what is your upside target now?  Thanks.

Big help. Thanks, Matt!

Thx

Negative divergence on MACD and RSI?  Anyone smell a turn?  I can’t see the moving average alignment. 

Goldnice, SPX was up as much as 17.3% today from intraday low at bottom and intraday high today. How do you interpret that?  Do you think the bounce is over?  Another trader I follow has a target at 2800. BTW, thanks for cheerleading gold and pointing out setups. It’s doing great!  What’s not to like when Spanky’s slinging $ out the window like there’s no tomorrow? !

Thx

Ssafer, I’m confused about UUP. Are you buying calls?

https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/

What are  the implications be of a digital dollar? Probably better than a world currency?! Would this probably be good for UUP?

Ssafer, Thanks for the heads up. I have been averaging down on TBT the last two days as well. I have 4/17 calls so it needs to get moving! I will check out UUP. Thanks.

Looking toppy now with symmetry and RSI?  Is that what you see, MATT?

The irony is that my most profitable trade of the day was on TQQQ April 17 $81 calls that I had stubbornly held onto and added to over the past few weeks. They had dropped to 0.01 and I was able to catch a bounce to 0.28 today. I know that sounds crazy, since TQQQ closed at 43.56, but it worked. It worked for me because I felt strongly that it would bounce before 4/17 and refused to sell for less than 0.15.  MATT and STEVE helped time my final sale. Sure, if I had held and it pops again tomorrow, I left plenty of money on the table, but as they say, pigs get slaughtered! Sometimes luck and persistence with a plan is better than skill!