For the quarter ended Oct. 31, Splunk’s loss widened to $1.26 a share from 38 cents a share a year earlier.
Revenue in the third quarter dropped to $558.6 million from $626.3 million
Splunk also estimated fiscal fourth-quarter revenue of $650 million to $700 million, below Wall Street forecasts of $777.9 million. (thestreet.com)
I think this is one of the many...
I made an analysis yesterday on the NZD/USD talking about a possible sell for the market but jeez we almost got stopped out ,you can look for yourself. I mean talk about a fractional pip haha...
Luckily we saw price reverse but we are not out of the danger zone yet (are we ever) price reversed but it can possibly find support at the trendline it closed...
In my yesterday’s post (link below) I said
Considering the recent upmove of 5 days, I think tomorrow NIFTY is likely to consolidate further in the range 11200-10950.
I won't go long immediately if 11200 is broken in the early morning or open.
Also for any intraday short position, NIFTY has to break 11170.
Consolidation day today. NIFTY was in the range...
My view for this week
As planned, I did a reversal trade around 11000. I was not quick enough to square it off on the first deep and made losses on the trade.
My observations for the day
NIFTY did not get rejected at 11000. It closed above 11000 by gaining...
LIC Housing is trading in the range and it has maintained a strong resistence levels at 290-295. In last few trading sessions, everytime the stock corrects from those levels. As History repeats, we can short the stock at current levels with a strict stoploss of 300, Target open at lower side.
Sometimes a re-entry after a shake-out is a good idea. And sometimes you lose even the second time because the market starts dropping, taking most of stock with it. Well, nothing you can do!
At least Boeing made me most of lost money back ;)
1) CAR - LONG @28.52, -1.11%
2) CAR - LONG @28.51, -1.25%
3) BA - SHORT @199.89, +1.90%
*In my ID...
Murphy says the very next time we decide to do something, it won't work. That's what happened to me on Wednesday as I re-entered Citigroup after missing a re-entry on Tuesday in PTON. Aaand ended with 2 losses. The day was even more painful because in UNFI I spotted 2 good opportunities - both of which worked - but did not get filled. A nice profit...
Losing in one particular stock doesn't mean you should be done with it for the remainder of the day. One deeper pullback got me out of my PTON Long which then offered a really nice profitable opportunity later in the day which I sadly didn't take advantage of and cost myself money!
1) PTON - LONG @46.23, -1.02%
*In my ID trades, I risk 1% of...
In my June 1 update,
I had said
1. As NIFTY approached 9900, VIX rose and there was strong resistance in the zone. I believe this zone will be tested a couple of times in intra day movement before breaking above.
2. There is not much space for long trade until we clear the resistance...
My trades today.
I stayed away from the market for morning session becuase of RBI event. Later when NIFTY broke below 9000, I sold 9100 CALL which I squared off for loss.
In my last post I had said
1. I am reluctant to jump on either sides for long term future. For tomorrow, I maintain my bullish bias in NIFTY .
2. I'll change my view when NIFTY drops...
BTC is taking exact support and facing exact resistance. It is like BTC is bounded by me 🙈🙈
meanwhile follow me here and on my telegram channel for instant buying selling signals.
Stay tuned, Happy Trading.
About trades today.
I sold 9300 PUT as there was a gap up opening above 9350. This position is trapped. I squared off the position for loss.
I also squared off my positions from Friday.
I hold 9500 CALL. That position is open.
NIFTY Opened gap up above 9350 and sustained there for some...
In my yesterdays review, I made the following points
1. This fall now wont be as unidirectional and steep as the March fall.
2. There will be choppiness with negative bias.
3. 8300 is not short term bottom.
4. The first bounce if any tomorrow will likely to fail.
Point 3 and 4 were...
NSE:NIFTY broke out of the range today.
1. I squared off trapped call positions for loss.
2. On breakout, sold 9500 PUTS which were squared off profit.
Some ideas from the price action today.
Today may be much awaited start of the breakout. The strength of the breakout is pretty strong. But one...
Hope you enjoyed the holidays as much as the lockdown allowed you to! Let's take a closer look at one of my Monday trades.
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.*
SPY was down for the first 1.5 hours and then retraced, spending the better part...
Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for...
Tom with another recap here.
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the graphs.*
I hate losing as much as the next guy, but let's be honest, trading comes with losses and as long as you keep them low it's fine!
Two trades today:
1) APA - entry LONG @ 6.85...