3309 Drysdale Ct
Edwardsville, IL 62025
A definite maybe. Markets do not seem to be buying into it
right now. China will not make a deal until tariffs are
removed. Where is Kudlow (short strokes)?
AMZN - looks like a nice shorting opp setting up. Daily and
With the increase in volatility the 60/120 are going to be good
road maps for trades.
AUMN - Gold penny moving. Dont have time to post
Meanwhile $WTIC is having a good day. We may see it break
out of a long descending triangle. Then gears will shift from
China to holy shi$$$$ regular gas is $5 a gallon. For those
that live in CA - God help you. Gas is already $5 a gallon
with your imploding gas tax there.
Matt - perhaps you can lay out examples. like if you had
$25K account, $50K or $100K, what those allocations would look like
for each trade, a reference guide if you will. I think risk
management is just as important as putting on the trade. When
I was young I blew up my account far too many times. I wish I
had someone to pull me aside and say, your account is X size and
you should only risk this amount if you want to stay in the
game. Just my two cents.
Steve and Matt - Great Call yesterday. I would have never
put those trades on myself. Awesome morning!
looks like you need an assistant. Good problems
ETF JVA is a Dog. Not like JO.
$BPSPX Chart - Looks like it might flip to a sell
Wow. Missed that one.
Thanks for the post
Stock Symbol: MCK. I have been trading this one all year.
Has been a great swing trade. Of late they have been
named in ligation from Federal court as the Fed is going after
distributors of Opiods. Could get interesting on the short
side if the case proves to have teeth. Bought put options on
the Wednesday bounce and exit today.
TLT- I was a little befuddled that bonds sold off today. A
gap down and MACD cross. look like going to come down to the
bottom of support. any ideas?
Correlation is too strong still. I still see Gold and
Silver bouncing around until we get some hard selling/fear
!PMOBUYALL - Flashing sell signal at close of today. Is
this pullback or something larger is the question. Time and
price will tell.
I think you have made a very astute observation. Trump
wants US companies to channel shift to other more US friendly and
greater ability to control their markets (via the "IMF").
South America and India are good options and more democratic.
Lat December Tim Cook was whining about the tariffs and how
it is going to greatly impact his company. 1. Why would you
not think that China will eventually steal your IP (The basic
philosophy of communism is that you must share). 2. Look at
Apple's stock today (all time highs). Tim Cook set the stage
that things would be so dire, but as the market snapped back and
the Fed starting lowering rates - The stock is up over 100% since
the December low and now he looks like the hero for the
company. Well done.
Futures up on China economic data (if you can trust it).
I live in North Scottsdale and my phone was buzzing all night
with "Warning - Tornado Alert - take cove in the interior of your
house" . Scary stuff.
BYND looks like a short term double bottom and breaking from
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