there are more gaps to fill here on the downside than a jenna jameson anti-vaxx conference $XLK $QQQ
with ER on the way and at resistance. I will add to March puts once the 10 crossed the 50 with volume on 15min chart $QQQ $XLK
After a short break for shortened trading weeks for the Christmas and New Year's holidays (how bout them holiday markets, huh?), I'm back to my regular routine. Here's what's on tap for the coming week ... . Earnings: I'm not seeing much on the earnings front for volatility contraction plays or premium plays in high implied volatility around earnings that are...
TWTR has shown unusual strength in the recent tech selloff. Historically $26-28 has been a major support and provided buying opportunity. Looking to see how TWTR reacts around this level, could offer a good long opportunity. Market dependent.... crazy fkn market too...
Shares of AAPL are trouble, so long as this zone of support between $144.79-150.24. If not, a possible relief rally may come in to play because it's getting oversold on a weekly basis (RSI <30). Even so, any strength should be sold in to, as I see this thing falling hard. Minor breakout resistance (dotted white line), but the extensions from the major move has...
considering price was sitting right on breaking the downtrend $SPY $QQQ $XLK
below 135 i think this falls like a rock, an even larger rock than december $SPY $QQQ $XLK
mid 50's on tap, below that looking for mid to high 40's. holding 62P June $SPY $QQQ
above 140 still can be considered a 10 year uptrend, a break of that could see 120 at least $XLK $QQQ
will take profit on any ITM situation in the near term $QQQ $TECS $QQQ
option play- apple has gone sharply lower with lower daily lows $QQQ $TECS $XLK
and this could get to under 210 fast. $QQQ $XLK $SPY
and a nice gap down there to fill on the way to 120 $QQQ $IWM $XLK $TECS $SPY
lower low's $QQQ $SPY $IWM $GXC $AAPL $NFLX $XLK $AMZN $GOOG $FB
$SPY $QQQ $XLK best set up of my current P leaps. move to 260 could set up for a swift move further down on the gap fill.
"baby there's no time to be sorry, will you short the life of this party" Looks like the 9 year party is in its last hours, and tech sector is drunk off valuations. That volume is major behind this drop this time around $TECS $TECL $QQQ $SPY
Shares of AAPL have been ripping along nicely lately, but it's approaching the top of a well defined channel so a pullback to the bottom of the channel seems likely. That support, which practically aligns perfectly with the 50dsma, is in the $185 range (and rising), and assuming it holds, I expect it to extend on up the channel to new highs. Happy trading!