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SPY 5/6 Weekly Calls ATM. 

Posted by ssaffer on 4th of May 2020 at 04:01 pm

SPY 5/6 Weekly Calls ATM.  Bounce trade.

BYND June 4 ATM Calls.

BYND comments

Posted by ssaffer on 4th of May 2020 at 03:36 pm

BYND June 4 ATM Calls.

Thanks for posting Matt.  Just

NFLX follow up

Posted by ssaffer on 4th of May 2020 at 03:15 pm

Thanks for posting Matt.  Just bought Jun 4 ATM calls.  

PXS.  Small cap tanker co.  

Posted by ssaffer on 4th of May 2020 at 03:11 pm

PXS.  Small cap tanker co.  

GBTC.  looking like it wants

Posted by ssaffer on 4th of May 2020 at 03:00 pm

GBTC.  looking like it wants to close about $10 today.

What things like this will do is sap real growth for a very long time.   Instead of just flushing out the system and have a good cleansing of the markets, move towards austerity we have moved to more and more debt that will create anemic growth in the future.  

That's legal.   It's no longer the stock market, it is the government market.  

Agree.  You have to look at who was leading the Fed at the time all ex-Goldman employees.   Anyway.  If you cannot get people to work in grocery stores, etc... We will not be able to get essentials.   That's a problem. 

You look at the #'s and it doesnt paint the same picture as the media would have you believe.  

This looks good.  Will the

example of system building

Posted by ssaffer on 3rd of May 2020 at 10:43 pm

This looks good.  Will the trades based off this system go out to us via email?  Will this replace one of the system trades or be called something new?  Thanks. 

The Fed bailouts I understand

Posted by ssaffer on 3rd of May 2020 at 02:21 pm

The Fed bailouts I understand are necessary at this moment.  There are many problems going forward tho.  This will sap GDP for a long time (ex.  Japan).  The unemployment situation needs to be amended.   This weekend I was at a grocery store and the clerk (male in his 30's) started chatting with me.  Asking me if I got my bailout check.  I said I had not, I do not qualify and that if I did I would send it back so that someone who really needs it can have it.   He then told me he had been laid off as an electrician and took this job as a grocery clerk to support his family.  I commended him for that and that is the type of mentality that i was raised by (to work hard and never always do what is necessary to provide for yourself and family).   He then told me that the woman that was before me, was happy that she is now getting $600/week from the government and doesn't have to work her 'crappy' part time job.  He was stunned that this woman who worked part time is making more than him a week and doesn't even have to work.    Something is very wrong here.   This guy is doing the right thing and working in a place that exposes him to people who could be carrying Covid-19, get sick and get his family sick.    There is no way that this should be ok.   I have friends who own small businesses and they finally a loan to help with payroll for four weeks and they can not get their workers to come back to work and in order for them to keep the loan the agreement is to have full employment.  They can not hire illegal people either because it has to be all on the books.   This is going to be a big problem.  70% of GDP from small business in this country.   We are fostering generations that are addicted to "bailouts".   This country needs to figure out how to reward those that are working, especially in high risk jobs that exposes them to Covid-19 (grocery stores, etc..).   We can not applaud people that chose to not work when it is available now.  I was raised to work hard, take any job to support yourself and not to rely on the government.    

Try to find seeds to buy.  All made in China.   China just bought a Texas Oil rig company. https://money.cnn.com/2015/10/26/news/companies/china-texas-oilfields/index.html.  China's ambition has always been to become the world super power once more.   The were dominant from 1100-1800.   Now they are taking this opportunity to buy foreign assets pennies on the dollar, loan money to third world countries that do not have the ability to weather the Covid-19 storm.  They have launched an e=digital Yuan currency which will be a way to circumvent the US dollar.  Launched 5G during this time too.  They own Smith foods here in US and some of the largest Meat processing plants in the US.   People need to wake up and see what is happening.  Your children's children and their children will not have a bright future if this keeps going in this trajectory.    They will take over without even having to fire one shot or lose one life on their side.  All gain.    

IAU@16.24  This is a low

Posted by ssaffer on 1st of May 2020 at 03:36 pm

IAU@16.24  This is a low beta gold ETF.  I like it because you do not get the huge volatile swings. 

SLV catching a bid now.  

Posted by ssaffer on 1st of May 2020 at 02:58 pm

SLV catching a bid now.  

ERY@$66.

Posted by ssaffer on 1st of May 2020 at 11:49 am

ERY@$66.

QDEL covered at $135.5.

Posted by ssaffer on 1st of May 2020 at 11:49 am

QDEL covered at $135.5.

SLV - could see a tradable bottom by end of next week.  Just my call.  Lets see how it plays out.  

another nice chart.  

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