Nike is a safe stock to bet on if you are an options swing trader like myself. It has just hit resistance on the 45min while the MACD shows an upward trend and increase in bull strength. We are in a bull market and calls are much safer than puts for any stock.
I have lost a lot of money on puts, even on stocks with the highest RSI and strongest sell signals across all indicators. Check out my ROKU publication and you will know what I am talking about.
My question to all my followers, and those who see this because you are watching Nike.
Why are markets soaring so high? What is the cause of such a strong bull run? Where is this money coming from?
All this from a cure to Covid? A virus that the media has reported so strongly and ingrained fear into everyone, even though the common flu is just as deadly, and the annual death rate has remained constant compared to previous years.
Good NKE call idea. Yes it has to do with the trillions of added liquidity in the markets. Good probability for them to keep going long.
Bad dangerous & incorrect information you typed about Covid. I think you should apologize for going to a funeral in a casket happened to my friends mom.
@Myantman101 I like you and enjoy your trading ideas. But statistics show covid killed 300k Americans so far, 3k yesterday and on track to be the #1 killer surpassing heart disease in USA.
Please continue to share accurate information on stocks. Please do not continue to share false medical information. Thanks.
Myantman101
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@growerik, Look up the death rate by year
Options360
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@Myantman101, it says +300k anomaly in USA this year dude. You can't be serious.
JustTyrex
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@growerik, hihi guys love you both! covid has 0.24 % chance of dead ratio and under 70 years old 0.05 % which is 4 times less then the influenza but my thoughts are with you grow grow, my stepdad lost his brother because of a bacteria and corona after he lost his other brother to a heart attack and his sister to cancer in less then 4 months.if you look at china corona it didnt even change since like march. but when it hits you close in youre surroundings its personal stay healthy and think about the elderly! Greetings
Options360
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@JustTyrex, Always nothing but love for @Myantman101 and you and truly all of my human family. I'm not going to get into virology on a trading platform now, we all have brains and can analyze information. lol. I can share my experience though. I personally got covid in March. I woke up in the middle of the night with rigors shaking, sweating, in 5 gallons of sweat. That never happened to me when I got the flu. Also that week I had wheezing breathing, loss of taste & smell, nausea. And for almost 2 months weird lingering symptoms, heart arrhythmia, irritated eyes, mental fog, kidney, liver and skin unusual stuff. I'm good now, strong like bull. haha. As far as China, they locked down outbreak areas in quarantine and everyone wears masks.
Myantman101
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@growerik, @JustTyrex thanks for the comments guys! Everyone has their own experiences, thoughts, and opinions. Let's remember one of the most important house rules, keeping the comments clean and overcoming the markets together. That is exactly what we are doing. Lets make some money!
Angelik30
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Would you please tell what do you mean by Safe Call? - Thank You
Myantman101
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@Angelik30 I find it safe to go long on as we are in a bull cycle