lol

GLD bouncing.   Out of GLL for a quick 1.5%.

Gold futures breaking down from bear flag on hourly.  I'm playing it with GLL ETF.

I didn't know what Graceland referred to, so I googled.  That Stewart Thompson guy is preparing for the end of the world!  He says: "Unless the US government adopts a policy of promoting modesty, savings, and gold, it’s unlikely that the war cycle of 2021-2025 can be averted." and "I have 5 years of coffee supply, massive supplies of rice, spaghetti, vitamins, medicine, fridges and freezer filled to capacity, a huge bucket of N95 masks that I could probably sell at a big profit, 2 full respirators, endless rubber gloves, full face mask, goggles and rubber pants, jacket, boots, first aid kits."  

Why don't you just trade the $7 channel?  Buy at the bottom, sell at the top, tight stops just outside the channel.

I still cant open TOS.  Called support "Your current hold time is approximately 2 hours..."

OK so apparently SQQQ went through a 5:1 reverse split.   I am holding this and can't trade it.   

Beware: TOS still showing bad data

MRVL appears to be coiling on daily.

This is a great example of how different platforms show different data.   On TOS monthly it has not broken out yet.

ADBE appears to be in a 5 week coil.

ThinkOrSwim TOS is back up but it is having some math problems....

Yes.  TOS.  POS.  It's down.   Again.

https://twitter.com/search?q=%23thinkorswim&src=typed_query

Just like "something big" happened right after he dumped airlines lol

FYI This is the latest market commentary video from Ciovacco Capital.

TAN breaking out of 9-year basing pattern (monthly chart)

Thanks Bulf - That's an interesting idea.   I'm going to test that out. - Matt.

Thanks Brophy.  I appreciate you taking the time to respond.   Unfortunately I just don't have the availability to watch the portfolio during the day to get a "feel" for intraday activity.   I think that's one of my biggest challenges.    I am setting up trades for the breakout plays shown in the newsletter that automatically executes when the trigger price is hit.  I use ToS "One triggers all" to automatically create a stop trade at the same time.    When the market goes south, all my stops are hit.    This can add up quickly.    I may just have to have tighter stops and set up another trigger if I get stopped out.

Need some help from the A-Team - I just can't seem to get hedging right.   I am typically only available to trade pre and post-market.   When I hedge and the market goes down, like today, I am not hedged enough to stop the pain.   If I hedge and the market goes up, I will have hedged too much.    I would appreciate any guidance the community can offer on how to hedge an equity & option portfolio on a daily (not intraday) basis.  Should I be using a leveraged instrument?   Or a volatility instrument?  How do I calculate how much to hedge to purchase? TIA - Matt.

I am still in HUBS after the recent breakout.   Looks to me like it is coiling again on the hourly chart.