Follow what Warren Buffett has been saying for years. It works. Read article here Now that the price action has break up of the resistance , I expect the rally to continue provided the FED gives no more surprises along the way.
To me SPY will come down to meet IWM. Not other way around why 1.National Debt 2 High Rates longer 3 Inflation 4 Economy no growth job lays off stop believing jobs report its a lie all that is in the charts. that's just a few every time guys they print to get market up that causes inflation
So, this is a slightly different look of another chart. Basically, we might be seeing this play out in real time. This pattern is scary where the price currently sits. and to where it can head. What is the pattern? Trace 2018 to Covid and then into recovery and correction. Bring that to the current move, pattern, wave... whatever you want to call it. It's...
Selling PUTs on Natural Gas ETFs seems a decent income prospect at the moment. Not only are there auspices of a falling wedge breakout, but an increase in momentum may be acting as support at the lower end of a months long trading range. These formations are already seventy five days in the making, providing some confidence in the likelihood of our bullish...
A 70% chance that silver provides a retracement next week, as the attacks on Israel by Iran are not coming out - and the West is getting desperate (I smell a false flag if Iran doesn't bite). Asia (ChIndia - China & India) are hodling silver and gold and will provide the impetus for the forward price of precious metals. TTM squeezes normally see price bounce off...
A inverse #HVF appears to be in progress on the #GDX @TheCryptoSniper Coincides with a probability that gold has put in a major secular top being pushed down by positive real rate environment.
Long term bullish on Utilities, but this is quite the move over the last few weeks. Looks exhausted with the latest Friday candle forming a -> dark cloud cover. Also interest rates have not dipped that much to push this interest rate sensitive sector higher, perhaps hype around AI energy usage is driving this. Trade: Short term pull back -> bear credit spreads
do yourself a favor and look into this incoming CME from the sun. youtu.be/9QCA3jouCKk - it's a short video WATCH IT NOW 6 or 7 earth bound flares that each have the capacity to f things up massively. the reason this matters is it's a DOWN ONLY situation. the market doesn't know about this (clearly) so any non-event doesn't move the market "back up". many...
do yourself a favor and look into this incoming CME from the sun. youtu.be - it's a short video WATCH IT NOW 6 or 7 earth bound flares that each have the capacity to f things up massively. the reason this matters is it's a DOWN ONLY situation. the market doesn't know about this (clearly) so any non-event doesn't move the market "back up". many sources i look...
//@version=5 strategy("Lauren and Leo's Script", overlay=true) // Define EMA lengths ema1_length = 1 ema5_length = 5 ema9_length = 9 // Calculate EMAs ema1 = ta.ema(close, ema1_length) ema5 = ta.ema(close, ema5_length) ema9 = ta.ema(close, ema9_length) // Get today's timestamp range current_day_start = timestamp(year(timenow), month(timenow),...
... for a 51.52 debit. Comments: Re-upping in the June 28th expiry with a monied covered call, as there is no July yet. Selling the -75 delta call against a one lot to emulate the delta metrics of a 25 delta short put to have built-in defense via the short call and to take advantage of call side IV skew. Metrics: Buying Power Effect/Break Even: 51.52 Max...
... for a 1.01 credit. Comments: Adding a short put here in the vicinity of the 25 delta out in July with a break even better than what I currently have on for my covered call. (See Post Below). Will generally look to take profit at 50% max.
... for a 2.49 credit. Comments: Adding to my TQQQ position on weakness ... . This is a bit longer-dated than I like to go with shorter duration premium selling, which I like to keep in that 45 DTE wheelhouse, but May has now only 35 days in it, and I like to stick to monthlies in all but the most options liquid underlyings. Will generally look to take profit...
Bought a one lot of shares and sold an in-the-money -75 delta call to emulate a 25 delta short put to take advantage of call IV skew and to have built-in pro via the short call. Metrics: Break Even/Cost Basis in Shares: 52.71 Max Profit: 2.29 ($229) ROC %-age at Max: 4.34% ROC %-age at 50% Max: 2.17% Will generally look to take profit at 50% max, add at...
probably the influx of money into biotech this morning has a rippling effect all day on this etf as it retraces above its gap to sell off levels again.
Keeping it simple TQQQ Multi-time frame analysis Daily chart – Long term Pretty clean straight forward chart. In this one we can see the different stages of the market. After topping out in Aug. ’18, price entered a “sideways” market between Aug.’18 – May’20. The “sideways” market was deemed an Accumulation stage after price broke upwards and entered Uptrend....
the price of gold rose even further after a report showed that more Americans than expected filed for unemployment benefits last week.
break out imminent , all aboard choooooo chooooooo lithium is back baaaaaabaaaaaayyy