Steve, What are your thoughts on Boeing? There is a gap around
245 area which looks like a possible target. But I'm more concerned
about all the gaps on this move up. Just turned bullish on my
weekly chart. Placing stop around todays lows about
197.35.
steve, can you pls put out your thoughts on gdxj and gld as
support pls and do you expect them to go up again. i noticed
goldnice has been quiet for a while after all that pumping on gold
stocks. now i do hold some still and silver stocks you guys
had recommended and wondering what to do with them if you don't
mind covering them in a future newsletter. thanks
Silver stocks - they have been discussed ad naseum for days to
take some profits. You should have a PLAN in place which
includes an EXIT strategy commensurate with your style and risk
tolerance. My advice is to stop focusing on what other's
think and instead focus on YOUR PLAN
Its very tough to short when 60 stoch is above 80. SHOP
did the same ... my puts went up from 2 to 14 in a blink i could
barely get my order executed at 6-7$ average...
AAPL Updated View
Posted by steve on 5th of Jun 2020 at 12:47 pm
AAPL - Chart Link - SUPPORT is the 9 day EMA held yesterday. Matt put out as Short Idea to monitor but with the market rallying it never broke down.
thanks Steve, and sorry i
Posted by imelhoe on 5th of Jun 2020 at 12:53 pm
thanks Steve, and sorry i thought you had put it out as idea to short. yes monitoring the 9 ema. its already made all time high
Again - today most things
Posted by steve on 5th of Jun 2020 at 12:53 pm
Again - today most things ripped on the jobs data
Steve, What are your thoughts
Posted by steve101 on 5th of Jun 2020 at 12:57 pm
Steve, What are your thoughts on Boeing? There is a gap around 245 area which looks like a possible target. But I'm more concerned about all the gaps on this move up. Just turned bullish on my weekly chart. Placing stop around todays lows about 197.35.
BA - Trim and Trail
Posted by steve on 5th of Jun 2020 at 01:02 pm
BA - Trim and Trail - very extended short term. Daily RSI 5 is at 96. BA has 3 consecutive closes above it's upper BB
steve, can you pls put
Posted by imelhoe on 5th of Jun 2020 at 12:55 pm
steve, can you pls put out your thoughts on gdxj and gld as support pls and do you expect them to go up again. i noticed goldnice has been quiet for a while after all that pumping on gold stocks. now i do hold some still and silver stocks you guys had recommended and wondering what to do with them if you don't mind covering them in a future newsletter. thanks
Silver stocks - they have
Posted by steve on 5th of Jun 2020 at 01:05 pm
Silver stocks - they have been discussed ad naseum for days to take some profits. You should have a PLAN in place which includes an EXIT strategy commensurate with your style and risk tolerance. My advice is to stop focusing on what other's think and instead focus on YOUR PLAN
at least i profited on
Posted by imelhoe on 5th of Jun 2020 at 12:54 pm
at least i profited on roku puts
Its very tough to short
Posted by arun on 5th of Jun 2020 at 12:52 pm
Its very tough to short when 60 stoch is above 80. SHOP did the same ... my puts went up from 2 to 14 in a blink i could barely get my order executed at 6-7$ average...
Arun - remember when 60
Posted by matt on 5th of Jun 2020 at 02:29 pm
Arun - remember when 60 Stochastic is over 80% you are in a trending momentum condition, it's not something to be scared of it's actually bullish
I meant to say -
Posted by arun on 5th of Jun 2020 at 02:52 pm
I meant to say - should be scared of shorting ... vs going long
But it is a little
Posted by 24kau on 5th of Jun 2020 at 02:46 pm
But it is a little scary that the 60 Stos fell below 80 on the 5-minute. (sorry, this refers to SPX, not AAPL, posted to wrong comment).