I like thow this setup looks here, we can hold FB shorts, whilst being long AAPL for a good while if this setup pans out. Size on each leg should be based on 3 times the daily average true range value, to risk 0.5-1% per side if you were to be stopped out at that distance (but don't use any stops). Good luck! Ivan Labrie.
We can go long on a break of the all time high here, risking a drop to 4853.8, and targetting 5050.2 by or before November 25th. Upside is more likely, as the title says, but, in case of a breakdown, pay attention to VIX and the key levels below for a long from support. I'll update the publication after NFP is out. Good luck, Ivan Labrie.
A huge drop ahead anytime now. a close below 17000 is confirmed. (Monthly)
QQQ starts topping here, not a good sign of pushing up. buy some puts this time.
Over the last 10+ yrs 3 amazing BULL rallies I think we are due for a 4TH....
This is a "kid in a candy store" week, with a good selection of earnings plays to choose from: AAPL: Tuesday, after market close BA: Wednesday, before market open FB: Wednesday, after market close BABA: Thursday, before market open CAT: Thursday, before market open AMZN: Thursday, after market close MSFT: Thursday, after market close I'll post setups on Tuesday...