Hello Traders. Come on guys, interact with the post if you seeing how accurate this is ! Notes for today Price tapped into our zone i mentioned in the previous post, 19,666 was to far but but 19,630 was my entry. Price was kind enough to come back to this point again today before NY killzone time. If you followed me from Monday, i mentioned we will see...
If you haven`t sold KEY before the selloff: Now analyzing the options chain and the chart patterns of KEY KeyCorp prior to the earnings report this week, I would consider purchasing the 15usd strike price Puts with an expiration date of 2024-8-16, for a premium of approximately $0.21. If these options prove to be profitable prior to the earnings release, I would...
Analyzing the options chain and the chart patterns of ZION Zions Bancorporation prior to the earnings report this week, I would consider purchasing the 45usd strike price Puts with an expiration date of 2024-8-16, for a premium of approximately $0.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
After not taking a look at Coca-Cola for quite a while, it's definitely worth analyzing. As one of the biggest assets in the stock market, Coca-Cola seems to have the most resistance with a relatively low risk/return profile, making it very interesting in times of uncertainty. A shift from risk-on assets to risk-off assets could happen easily. Just by looking at...
Why does it seem like the Fed is playing catch-up with the economy? In 2021 and 2022, the US central bank was jamming stimulus at a fast clip. Suddenly it stopped and reversed course to raise interest rates at never-before-seen speed (that’s when officials were saying inflation was transitory). Now, the skyrocketing interest rates are threatening to derail the...
CME_MINI:NQU2024 - PR High: 19304.50 - PR Low: 19257.50 - NZ Spread: 105.0 Key scheduled economic events 08:30 | Initial Jobless Claims - Durable Goods Orders - GDP Continuing strong value decline - Recent political news taking the blame - Broken 2 daily pivots, ~20400 & ~19800 - ~1000 points from 20-Keltner Avg Evening Stats (As of 11:15 PM 7/24) -...
Looking at the KEY KeyCorp options chain ahead of earnings , I would buy the $14 strike price Puts with 2023-6-16 expiration date for about $0.27 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Last weeks high: $67,290.83 Last weeks low: $62,212.60 Midpoint: $65,251.72 Despite the seemingly endless chop, last week was a very interesting one for BTC. Micro strategy added ~$800 worth of Bitcoin to their balance sheet, putting them at 226,000BTC, just over 1% of the entire BTC supply that will ever exist! In relation to microstrategy, Michael Dell has been...
On Thursday, May 16th, I was sipping coffee and watching The Today Show , when a guest appeared on the program to talk about how much money YOU are supposedly making in your 401(k). Oddly enough the commentator - who was identified as the "chief business correspondent for CNN" - then reminded viewers that "you really should only look at your 401(k) once or twice...
The purpose of this chart is to show how retirement funds are drained once returns reach 20%. The reason this happens is because the purpose of the 401(k) is to prevent working people from ever reaching anything that resembles financial independence. From the time we begin our careers to the time that we reach retirement age, we are CONSTANTLY told that if we do...
Loading July puts in the price range 460-485. I will continue to accumulate puts in this zone until either of the 2 scenarios below occurs: 1) If price drops below 460 at any point 2) If price is still in this zone on 5/14 (next Tuesday) If either of these occur my position will be complete. Main/primary forecast: - Reversal begins tomorrow 5/9, initial...
If you haven`t sold the top on BTC Bitcoin: Upon examining the chart patterns, I believe the price target within the falling wedge is $52,000.
If you haven`t sold the top on ETH Ethereum: After analyzing the chart patterns, I would define the revised buy zone as ranging from $2170 to $2370, as illustrated in the chart.
The news of Binance's billionaire founder, Changpeng Zhao, being sentenced to four months in prison after pleading guilty to charges of enabling money laundering at his crypto exchange could potentially trigger a selloff in BNB. This development raises concerns about the governance and regulatory compliance within the exchange, which may lead investors to...
Gold has experienced a significant sell-off in recent trading sessions, driven by a stronger US dollar, rising bond yields, and inflation concerns. This has created a challenging trading environment for day traders in XAU/USD. While some may see this as a buying opportunity, caution is advised as selling pressure could continue. Traders should do their own...
Looking at current price , RIO has climbing to the top of the range. Going back and looking at price, it seems to like to reject when it is Overbought and fly when its Oversold. - Buy @ $116 - Target for 8% with the possibility of a Sell off again
GL fell on bad news and started its recovery in the after-market hours. The idea is on the chart. It shows how price action can be manipulated and how retail traders can play the manipulation.
If you haven`t bought the dip on LINK: Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $17 - $18 range!