Posted by mitchell on 21st of Aug 2024 at 11:08 am
Bought spx puts before news, was up, down, then sold all for
nice quick gain on drop. Mkt doesn’t want to correct but VIX
indicates could be more pullback.
Posted by mitchell on 28th of Dec 2022 at 11:19 pm
Agreed, bullish on Ag. Sold positions earlier this yr, used
profits to buy quality Midwest farmland renting back to farmer.
Farmland has been on tear last few yrs (~20% last yr alone) w/ no
slowdown from higher rates…mostly cash buyers. Main concern I
have is a global type debt / credit event, but 2008 had no impact
on Ag…actually went up then. Low correlation to stocks, but high
entry prices.
pop on earnings out of triangle. Was selling calls against
position, now should run up to the higher LT upper trend line near
98. Similar setup to GILD from last wk.
Posted by mitchell on 29th of Sep 2022 at 03:26 pm
I dont want to add fuel to a fire but confusion may be related
to an earlier post stating Gray option as primary, but now appears
Red option was primary.
Posted by mitchell on 15th of Sep 2022 at 10:33 pm
Not a prediction but wouldnt be surprised if SPX doesnt sell off
in ST b/c traders view FDX news as positive in that Fed will pivot
or pause…bad news is good news
Posted by mitchell on 15th of Sep 2022 at 12:58 pm
I believe Fed starts balance sheet QT today. Don’t have exact
schedule but it’s out there somewhere. In past there is high
correlation with market direction on those days.
Posted by mitchell on 28th of Aug 2022 at 10:07 pm
Cautious shorting USD. While it appears overextended on ST
technicals, you are correct on fund flows...listened to interview
on fundamental reasons USD will likely go higher...same take away.
Weekly and monthly charts bullish as well w/ minimal
divergences.
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Bought spx puts before news,
818k
Posted by mitchell on 21st of Aug 2024 at 11:08 am
Bought spx puts before news, was up, down, then sold all for nice quick gain on drop. Mkt doesn’t want to correct but VIX indicates could be more pullback.
Scaled out of all my
Careful with SBUX as it has a 31 PE. Mentioned ...
Posted by mitchell on 9th of Jan 2023 at 01:59 pm
Scaled out of all my SBUX Fri I had been holding since it bottomed low 70s. May still have some room higher but majority of gain likely in.
Agreed, bullish on Ag. Sold
DBA
Posted by mitchell on 28th of Dec 2022 at 11:19 pm
Agreed, bullish on Ag. Sold positions earlier this yr, used profits to buy quality Midwest farmland renting back to farmer. Farmland has been on tear last few yrs (~20% last yr alone) w/ no slowdown from higher rates…mostly cash buyers. Main concern I have is a global type debt / credit event, but 2008 had no impact on Ag…actually went up then. Low correlation to stocks, but high entry prices.
We been using DVT so
KISS basket
Posted by mitchell on 24th of Nov 2022 at 10:36 am
We been using DVT so long it has a nice ring to it. Don’t think it matters what it stands for, it’s a stop.
some of you looking to
KISS on a basket of ETF's a financial advisor might use
Posted by mitchell on 20th of Nov 2022 at 05:50 pm
some of you looking to dilute BPT? Reality is signals adopted by many end up working less. Ive already noticed this in past on some trade triggers.
BRK strong recently; benefit big
BRK/B has broken out of a big W pattern.
Posted by mitchell on 11th of Nov 2022 at 04:05 pm
BRK strong recently; benefit big from rising I-rates. Should be decent performer. An /A holder so it’s been good.
SBUX near target range; 10pt
SBUX Updated View
Posted by mitchell on 11th of Nov 2022 at 10:04 am
SBUX near target range; 10pt gainer 1 wk.
pop on earnings out of
SBUX Updated View
Posted by mitchell on 4th of Nov 2022 at 08:24 am
pop on earnings out of triangle. Was selling calls against position, now should run up to the higher LT upper trend line near 98. Similar setup to GILD from last wk.
Sold GILD on $5 pop.
Thoughts on GILD...earnings AH today, been strong...https://schrts.co/CUwAMiwJ
Posted by mitchell on 28th of Oct 2022 at 09:34 am
Sold GILD on $5 pop. Still good LT.
No divergences on any timeframe,
Thoughts on GILD...earnings AH today, been strong...https://schrts.co/CUwAMiwJ
Posted by mitchell on 27th of Oct 2022 at 03:19 pm
No divergences on any timeframe, bull flag intraday all point bullish but right at LT downtrend resistance
Thoughts on GILD...earnings AH today,
Posted by mitchell on 27th of Oct 2022 at 02:52 pm
Thoughts on GILD...earnings AH today, been strong...
https://schrts.co/CUwAMiwJ
schrts.co
GILD | SharpCharts | StockCharts.com
Create advanced interactive price charts for GILD, with a wide variety of chart types, technical indicators, overlays, and annotation tools.
@Steve - would you consider
Posted by mitchell on 18th of Oct 2022 at 04:05 pm
@Steve - would you consider SBUX daily forming a Wave 4 triangle? Thx
I dont want to add
Expanded Flat
Posted by mitchell on 29th of Sep 2022 at 03:26 pm
I dont want to add fuel to a fire but confusion may be related to an earlier post stating Gray option as primary, but now appears Red option was primary.
DENN is one of the
DENN
Posted by mitchell on 20th of Sep 2022 at 09:18 am
DENN is one of the only reasonably priced eat-ins in Waikiki and is always busy there.
No not at all. Opportunity
Short FDX Daily View
Posted by mitchell on 16th of Sep 2022 at 08:33 am
No not at all. Opportunity to short if a pump and dump rally occurred based on that thesis.
Not a prediction but wouldnt
Short FDX Daily View
Posted by mitchell on 15th of Sep 2022 at 10:33 pm
Not a prediction but wouldnt be surprised if SPX doesnt sell off in ST b/c traders view FDX news as positive in that Fed will pivot or pause…bad news is good news
I believe Fed starts balance
Posted by mitchell on 15th of Sep 2022 at 12:58 pm
I believe Fed starts balance sheet QT today. Don’t have exact schedule but it’s out there somewhere. In past there is high correlation with market direction on those days.
Opex Fri 9/16.
SPX I see 5 small waves down on SPX from ...
Posted by mitchell on 14th of Sep 2022 at 07:45 pm
Opex Fri 9/16.
Cautious shorting USD. While it
DXY short? Sitting here strategizing about what I would do ...
Posted by mitchell on 28th of Aug 2022 at 10:07 pm
Cautious shorting USD. While it appears overextended on ST technicals, you are correct on fund flows...listened to interview on fundamental reasons USD will likely go higher...same take away. Weekly and monthly charts bullish as well w/ minimal divergences.
BBBY - this explains a
Posted by mitchell on 17th of Aug 2022 at 10:06 pm
BBBY - this explains a lot...
https://www.zerohedge.com/markets/rugpull-after-stratospheric-gamma-squeeze-ryan-cohen-files-sell-stake-bed-bath-beyond
zerohedge.com
Rugpull: After Stratospheric Gamma Squeeze, Ryan Cohen Files To Sell Stake In Bed, Bath & Beyond | ZeroHedge
The army of retail investors chasing the gamma squeeze in BBBY just took a very cold bath...