again we are adding some cool features here, hopefully some will
come next week
- Favorites; you'll be able to set favorites and then when new
changes and STS's occur you will automatically get emailed when new
STS's are generated etc
- and once we finish most of the functionality, we'll clean it
up and make it pretty
arun - coil forming in an uptrend leans bullish, but trade the
direction of the break or take entry inside the patten near a
trendline where a tight stop can be employed
Posted by rmoore100 on 9th of Jun 2023 at 02:12 pm
Diginomad, was wondering if you've made any adjustments yet on
your SPX call credit spreads ? I was trying to recall
what your criteria was for adjs. Was it when the
current loss was twice the amount taken in, or just simply one time
(i.e. initial premium received $1.50, now to buy back with a $3.00
loss or to buy back earlier when the buyback itself is $3.00 ?)
Also, I believe you said, for the adjustment, you just
double up on the contracts, keep the same expiration, and move the
strikes up ? Thank You
Posted by DigiNomad on 9th of Jun 2023 at 02:38 pm
My rule is to defend when short strike touched or 200% losses. I
defended about 50% of short 4400 SPX calls the other day by rolling
them up to 4500 and essentially doubling down on the number of
contracts. Take a look at (admittedly, I pulled the trigger early
as neither of the conditions were met).
Note that this is absolutely not the way it's taught or
the safest approach. It only works if You started out around 2 to
3% of your portfolio in short premium and it's your first roll. Its
less stressful from a margin perspective in portfolio margin
accounts... But there's a relatively high bar to open one of
those.
The more standard approach is to roll out a month and up.
LOL I didn't like that, maybe conspiracy theory LOL - I
have to try and re-word, here's the message it gave me
Action needed to continue
Sorry! Our AI moderators feel your prompt might be against our
community standards. If you think this is a mistake, please press
the "Appeal" button below and we will send it to a more
sophisticated AI to double-check the result.
/imagine Jerome Powell Fed Chairman stoming on the VIX
Volatility Index smashing it down ultra realistic
I think you are right. Though I hear many talking heads denying
it (not designers) Wonder if they ever used it. I was trained as a
designer and worked as one in various design studios. and ad
agencies. I'd be nervous...
Tom Bowley
Posted by arun on 9th of Jun 2023 at 05:42 pm
Tom Bowley
STS tables updated and features coming
Posted by matt on 9th of Jun 2023 at 04:53 pm
tables updated, https://breakpointtrades.com/ts/sts.php?chart_group=BPT_basket
again we are adding some cool features here, hopefully some will come next week
- Favorites; you'll be able to set favorites and then when new changes and STS's occur you will automatically get emailed when new STS's are generated etc
- and once we finish most of the functionality, we'll clean it up and make it pretty
VIX daily and 60 min, VVIX
Posted by matt on 9th of Jun 2023 at 04:27 pm
$VIX - Chart Link- 60 min, did pop out of the wedge, we'll see next week if it pushes higher or Powell stomps on it again LOL
$VIX - Chart Link-
$VIX - Chart Link-
SHOP https://schrts.co/JUawwizN
Posted by arun on 9th of Jun 2023 at 04:25 pm
SHOP
https://schrts.co/JUawwizN
schrts.co
SHOP | SharpCharts | StockCharts.com
Create advanced interactive price charts for SHOP, with a wide variety of chart types, technical indicators, overlays, and annotation tools.
arun - coil forming in
Posted by matt on 9th of Jun 2023 at 04:54 pm
arun - coil forming in an uptrend leans bullish, but trade the direction of the break or take entry inside the patten near a trendline where a tight stop can be employed
Thanks Matt. Will keep in
Posted by arun on 9th of Jun 2023 at 05:42 pm
Thanks Matt. Will keep in mind. My stock entry was at the lower end. I sold my calls two days ago.
I'm getting an error trying
Posted by dzurek2 on 9th of Jun 2023 at 04:06 pm
I'm getting an error trying to run it. - Event Error User runtime error. Reason you are not authorized to use this software.
Can I get a copy that runs ? donaldzurek@gmail.com
Thanks
Have a great weekend everyone! Anyone
Posted by DigiNomad on 9th of Jun 2023 at 04:04 pm
Have a great weekend everyone!
Anyone have a current demark count for the VIX daily? I got 8 with a manual count, but not sure I did it right..
My indicator says 9.
Posted by crossharry on 9th of Jun 2023 at 04:48 pm
My indicator says 9.
Yes the VIX is a
Posted by matt on 9th of Jun 2023 at 05:19 pm
Yes the VIX is a Demark 9 - that's important because the VIX responds VERY well to Demark
Matt, Need some help with
Posted by dzurek2 on 9th of Jun 2023 at 03:47 pm
Matt, Need some help with the 401k Paint Dry stuff. Just sent you an email. Can you please check it out? Thanks Don
send to pm here if
Posted by matt on 9th of Jun 2023 at 03:58 pm
send to pm here if you can.
otherwise we have not followed that old version for years, was replaced with KISS daily and weekly charts because they are more dynamic
I'm getting an error trying
Posted by dzurek2 on 9th of Jun 2023 at 04:08 pm
I'm getting an error trying to run it. - Event Error User runtime error. Reason you are not authorized to use this software.
Can I get a copy that runs ? donaldzurek@gmail.com
Thanks
And in the fwiw category:
Posted by timebandit on 9th of Jun 2023 at 02:46 pm
And in the fwiw category: AMZN diamond on the 2 hour
Bullish or Bearish?
Posted by apple on 9th of Jun 2023 at 04:26 pm
Bullish or Bearish?
SPX 5 min
Posted by matt on 9th of Jun 2023 at 02:46 pm
$SPX - Chart Link-
Diginomad, was wondering if you've
Posted by rmoore100 on 9th of Jun 2023 at 02:12 pm
Diginomad, was wondering if you've made any adjustments yet on your SPX call credit spreads ? I was trying to recall what your criteria was for adjs. Was it when the current loss was twice the amount taken in, or just simply one time (i.e. initial premium received $1.50, now to buy back with a $3.00 loss or to buy back earlier when the buyback itself is $3.00 ?) Also, I believe you said, for the adjustment, you just double up on the contracts, keep the same expiration, and move the strikes up ? Thank You
My rule is to defend
Posted by DigiNomad on 9th of Jun 2023 at 02:38 pm
My rule is to defend when short strike touched or 200% losses. I defended about 50% of short 4400 SPX calls the other day by rolling them up to 4500 and essentially doubling down on the number of contracts. Take a look at (admittedly, I pulled the trigger early as neither of the conditions were met).
Note that this is absolutely not the way it's taught or the safest approach. It only works if You started out around 2 to 3% of your portfolio in short premium and it's your first roll. Its less stressful from a margin perspective in portfolio margin accounts... But there's a relatively high bar to open one of those.
The more standard approach is to roll out a month and up.
Thanks DigiNomad !!!! Appreciate
Posted by rmoore100 on 9th of Jun 2023 at 03:55 pm
Thanks DigiNomad !!!! Appreciate that !!!! Have a great weekend !!!!
DASH - Breaking to upside
Posted by tradeit007 on 9th of Jun 2023 at 01:49 pm
DASH - Breaking to upside now.
SPX 3 Min - 50%
Posted by DigiNomad on 9th of Jun 2023 at 01:45 pm
SPX 3 Min - 50% retrace level hit.
Pbr up again today. Cant
Posted by morton7 on 9th of Jun 2023 at 01:32 pm
Pbr up again today. Cant post the chart right now
SPX 3 Min - B
Posted by DigiNomad on 9th of Jun 2023 at 01:20 pm
SPX 3 Min - B or 2? That is the question I'm pondering as I try to plan an early exit today...
Matt - I wonder what
Posted by DigiNomad on 9th of Jun 2023 at 01:03 pm
Matt - I wonder what your magic picture box would spit out if you typed in "Jerome Powell stomping on VIX"?
LOL I didn't like that,
Posted by matt on 9th of Jun 2023 at 02:29 pm
LOL I didn't like that, maybe conspiracy theory LOL - I have to try and re-word, here's the message it gave me
Action needed to continue
Sorry! Our AI moderators feel your prompt might be against our community standards. If you think this is a mistake, please press the "Appeal" button below and we will send it to a more sophisticated AI to double-check the result.
/imagine Jerome Powell Fed Chairman stoming on the VIX Volatility Index smashing it down ultra realistic
Hahaha. Thanks for trying!
Posted by DigiNomad on 9th of Jun 2023 at 02:30 pm
Hahaha. Thanks for trying!
it didn't make the VIX,
Posted by matt on 9th of Jun 2023 at 02:33 pm
it didn't make the VIX, just Chairman Powell, I might be able to upload a picture of the VIX and it can use that to overlay?
here's Powell as a maniacal
Posted by matt on 9th of Jun 2023 at 02:59 pm
here's Powell as a maniacal supervillain
alright finally got it to
Posted by matt on 9th of Jun 2023 at 03:04 pm
alright finally got it to work here you go: Friday fun
LOL that bottom left one looks like he's sitting on the toilette taking a dump on the VIX
Hahaha. There are definitely some
Posted by DigiNomad on 9th of Jun 2023 at 03:18 pm
Hahaha. There are definitely some keepers in here! Who knew that AI would take out political cartoonists first?!
alright last ones again nothing perfect
Posted by matt on 9th of Jun 2023 at 03:14 pm
alright last ones
again nothing perfect but still some graphics designers gotta be nervous esp when this gets better
I think you are right.
Posted by brophy on 9th of Jun 2023 at 03:35 pm
I think you are right. Though I hear many talking heads denying it (not designers) Wonder if they ever used it. I was trained as a designer and worked as one in various design studios. and ad agencies. I'd be nervous...
ADBE is really having a
Posted by mschwand on 9th of Jun 2023 at 03:28 pm
ADBE is really having a month with their potential to capitalise on this (+33%)
This is from midjourney, although
Posted by James_Roe on 9th of Jun 2023 at 03:34 pm
This is from midjourney, although the Adobe stuff is still impressive.
I like that one the
Posted by srusso1 on 9th of Jun 2023 at 03:09 pm
I like that one the best.
some of what this thing
Posted by matt on 9th of Jun 2023 at 02:45 pm
some of what this thing can do is impressive though, see the Bart image
Tom Lee on at 3
Posted by DigiNomad on 9th of Jun 2023 at 01:01 pm
Tom Lee on at 3 EST. To the moon!
Honestly, I think he was a little short term bearish last time....which had me worried that this week would be bullish...which played out.
IWM - seems like you
Posted by DigiNomad on 9th of Jun 2023 at 12:49 pm
IWM - seems like you could take a pretty objective long here with a tight stop around the 50.
Benchmark analyst
Posted by EdZ on 9th of Jun 2023 at 12:43 pm
Benchmark analyst Daniel Kurnos reiterates A2Z Smart Techs (NASDAQ: AZ) with a Buy and maintains $18 price target. Up 18% today.
benzinga.com
Good weekend to ALL. Even
Posted by rbreese on 9th of Jun 2023 at 12:30 pm
Good weekend to ALL. Even my new ALGO buddy Matt.
$SPX - zoomed in view
Posted by timebandit on 9th of Jun 2023 at 12:21 pm
$SPX - zoomed in view of expanding triangle from last night's newsletter. Like magic? We'll see how the rest of the day unfolds