A lot of you guys and gals trade LABU and/or XLE. My bias is
that SPX will be down significantly in a month. I thought energy
stocks would be headed up for multiple reasons. LABU has dropped an
awful lot and may be just following SPX down. I may just have to
close my eyes and sell ( those two are considerably in the red).
Any thoughts/ speculations/ sober analysis appreciated l, either
way!
Down to last low now. It has to put up or shut up! Giving
it benefit if doubt since Matt clearly favored an upward
resolution, but if it breaks, it breaks. Want to make sure not a
fake out.
BOIL. October PUTS down 40%. I resisted the urge to panic
sell because I have a month to expiration. Would appreciate general
advice for this kind of situation where we are almost down to a
support level in a strong market for oil and gas generally. Sell,
double down, or watch and wait for better entry. I’m already in
pretty heavy but have plenty of dry powder. Thanks for your
thoughts!
Chris Kimble: The stock market is falling once again, with the
S&P 500Index trading nearly 10
percent lower than its high just weeks ago.
In fact, that reaction high occurred this month so the “monthly”
candle is creating a very big bearish reversal. You can see this on
today’s “monthly” chart of the S&P 500
Welcome, matsch13! I absolutely love Bavaria!
Especially Fussen! One of my favorite spots in the
world! So sorry for all of the energy struggles in Europe
now.
The community is delayed by three days for non registered users.
A lot of you guys
LABU and XLE near support. Bounce or break?
Posted by mdgfain on 16th of Sep 2022 at 02:33 pm
A lot of you guys and gals trade LABU and/or XLE. My bias is that SPX will be down significantly in a month. I thought energy stocks would be headed up for multiple reasons. LABU has dropped an awful lot and may be just following SPX down. I may just have to close my eyes and sell ( those two are considerably in the red). Any thoughts/ speculations/ sober analysis appreciated l, either way!
LABU and XLE near support.
Posted by mdgfain on 16th of Sep 2022 at 01:25 pm
LABU and XLE near support. Bounce or break?
Inverted H&S on SPX 15
Posted by mdgfain on 15th of Sep 2022 at 02:22 pm
Inverted H&S on SPX 15 minute?
Down to last low now.
There she blows ...
Posted by mdgfain on 15th of Sep 2022 at 11:19 am
Down to last low now. It has to put up or shut up! Giving it benefit if doubt since Matt clearly favored an upward resolution, but if it breaks, it breaks. Want to make sure not a fake out.
BOIL. October PUTS down 40%.
Posted by mdgfain on 15th of Sep 2022 at 10:54 am
BOIL. October PUTS down 40%. I resisted the urge to panic sell because I have a month to expiration. Would appreciate general advice for this kind of situation where we are almost down to a support level in a strong market for oil and gas generally. Sell, double down, or watch and wait for better entry. I’m already in pretty heavy but have plenty of dry powder. Thanks for your thoughts!
YES! Sorry. CPRX.
CPRT: NEG DIVERGENCE and looks like REVERSAL candle to me. ...
Posted by mdgfain on 14th of Sep 2022 at 03:58 pm
YES! Sorry. CPRX.
CPRT: NEG DIVERGENCE and looks
Posted by mdgfain on 14th of Sep 2022 at 03:23 pm
CPRT: NEG DIVERGENCE and looks like REVERSAL candle to me. I’m buying PUTS.
Thanks, Digi. I had a
OXY. small coil on 5 & 15 min
Posted by mdgfain on 14th of Sep 2022 at 02:36 pm
Thanks, Digi. I had a LOT of energy stocks and options. Trimmed and trailed.
On September 1, Satya Nadella,
Posted by mdgfain on 14th of Sep 2022 at 12:35 pm
On September 1, Satya Nadella, the CEO of Microsoft Corp. (MSFT)sold a whopping $14 million worth of his company's stock.
Looks like Wave B is
Posted by mdgfain on 13th of Sep 2022 at 09:59 am
Looks like Wave B is playing out. Nearing start of Wave C?
But is it Kathie Wood
new curved Samsung Ark monitor
Posted by mdgfain on 12th of Sep 2022 at 09:00 pm
But is it Kathie Wood certified?
Yes, but hedged.
So you want to be long over the long weekend?...lol
Posted by mdgfain on 2nd of Sep 2022 at 04:01 pm
Yes, but hedged.
Chris Kimble: The stock market
XLK Daily View Updated
Posted by mdgfain on 1st of Sep 2022 at 01:21 pm
Chris Kimble: The stock market is falling once again, with the S&P 500 Index trading nearly 10 percent lower than its high just weeks ago.
In fact, that reaction high occurred this month so the “monthly” candle is creating a very big bearish reversal. You can see this on today’s “monthly” chart of the S&P 500
Got it. Thanks for sharing.
W (Wayfair)
Posted by mdgfain on 1st of Sep 2022 at 12:23 pm
Got it. Thanks for sharing.
Mla , Trapdoor or Bounce?
W (Wayfair)
Posted by mdgfain on 1st of Sep 2022 at 12:04 pm
Mla , Trapdoor or Bounce? Wayfair is just what I need! This has been an amazing day. I’m tiptoeing in some hedges but still holding most of my puts.
SPX tagged Lower Channel Line
Posted by mdgfain on 30th of Aug 2022 at 10:25 am
SPX tagged Lower Channel Line
Thanks, Bandit.
SPY hourly snapshot - bounced at the neckline
Posted by mdgfain on 26th of Aug 2022 at 10:56 am
Thanks, Bandit.
Colgate Palmolive?
/CL - Chart looks like a buy. Of course, it's ...
Posted by mdgfain on 24th of Aug 2022 at 03:02 pm
Colgate Palmolive?
Welcome, matsch13! I absolutely love
Hello everybody! I´m from Germany, lower Bavaria in the south. ...
Posted by mdgfain on 24th of Aug 2022 at 12:50 pm
Welcome, matsch13! I absolutely love Bavaria! Especially Fussen! One of my favorite spots in the world! So sorry for all of the energy struggles in Europe now.
Switch back to BOIL now,
UNG - some sort of diagonal on hourly - at ...
Posted by mdgfain on 23rd of Aug 2022 at 03:15 pm
Switch back to BOIL now, or stick with Kold a little longer? All thoughts appreciated. It’s been a nice correction today, and I’m tempted to switch.