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

Posted by ssaffer on 5th of Dec 2019 at 10:27 am

AMZN - looks like a nice shorting opp setting up. Daily and Weekly >1700.

With the increase in volatility the 60/120 are going to be good road maps for trades.  

AUMN - Gold penny moving.

Posted by ssaffer on 4th of Dec 2019 at 03:43 pm

AUMN - Gold penny moving.  Dont have time to post chart. 

Meanwhile $WTIC is having a

Posted by ssaffer on 4th of Dec 2019 at 10:30 am

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

Market Comments

Posted by ssaffer on 4th of Dec 2019 at 10:25 am

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

Posted by ssaffer on 4th of Dec 2019 at 10:04 am

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 tho.  

ETF JVA is a Dog.

JO coffee still in momo

Posted by ssaffer on 3rd of Dec 2019 at 12:07 pm

ETF JVA is a Dog.  Not like JO. 

$BPSPX Chart - Looks like

Posted by ssaffer on 3rd of Dec 2019 at 11:40 am

$BPSPX Chart - Looks like it might flip to a sell today.  

Wow.  Missed that one.

JO coffee still in momo

Posted by ssaffer on 3rd of Dec 2019 at 11:32 am

Wow.  Missed that one.

Thanks for the post

TLT 60 min 1st MA ribbon pinch

Posted by ssaffer on 3rd of Dec 2019 at 09:52 am

Thanks for the post

Stock Symbol: MCK.  I have

Posted by ssaffer on 2nd of Dec 2019 at 07:05 pm

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

Posted by ssaffer on 2nd of Dec 2019 at 06:57 pm

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 back. 

!PMOBUYALL - Flashing sell signal

Posted by ssaffer on 2nd of Dec 2019 at 06:17 pm

!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

Posted by ssaffer on 27th of Nov 2019 at 11:58 am

BYND looks like a short term double bottom and breaking from that today

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!