AlphaTradersInc

03:27

AlphaTradersInc

Looking for a big selloff in AAPL after earnings on Thursday. If it even sells 25% of what NFLX did, we see this name drop enough to make some money to the downside. Not going to touch it until Thursday at 2:58pm central time.

04:07

AlphaTradersInc

Looking to Fade 361/364 as its the bearish retest going into tomorrow. We will see where QQQ opens up, and if we can get that high to try a fade.

06:32

AlphaTradersInc

Looking for a bearish retest of the breakdown area of 4480, and then see if they chop into another leg up, or right back down on AAPL TSLA MSFT earnings. Take your profits when they are there this week.

AlphaTradersInc

Looks of accumulation starting to happen in SE. It is still bearish until its proven bullish. We played it to the downside and was paid nicely last week. Bought the $200c for this week if they want to push it back to the $201 poc. $207 caps any rally and is the area where SE sold off 35 points. Under $168 and it drops another 18 over 5-8 sessions IMO.

AlphaTradersInc

Earnings on Thursday and the first big tech name to report (as always). Over 527 can give you a trade, but I think they want to take this thing down to the 500 mark in to earnings. I will spec buy at 3:58pm on Thursday (eastern time) the $510c if she is red and trading around $500.

AlphaTradersInc

Maybe the easiest name to play this week. I'm still salty I sold my 680c we bought for $5 for a measly $11. It ultimately went to $54. A daily close over that ATH and we see 740 and 765 into earnings. Using 714 as local support to short if it can't get over ATH as it ran out of juice Friday after a 50 point day. One of my favorites and looking at LRCX $1000...

AlphaTradersInc

Watching NVDA to bounce after filling and holding a major gap at 267.84. If we see SOXL start to go green or gaps up, wouldn't be surprised to see NVDA have a move back to 284/285 area. Overall market cannot be going into the gutter for this move to happen. NVDA should find local supply around $280. If NVDA fails 256 for any reason, swing puts down to 230 may be...

AlphaTradersInc

Watching the 50EMA for a bounce tomorrow and a generally green day for the market. If no bounce, short back to 1000 and then let the market take it below 980 if it wants. Any hold/open above the 50D is a long for me. Target 1116 if scenario plays out.

AlphaTradersInc

Classic double top/double bottom chop. The trades are on the extremes. Would like to play AAPL to the downside on any rip this week, and the upside on a -2.5% day or more. Won't be a focus name.

AlphaTradersInc

QQQ I'm looking for a trade to go long in the green box or short in the red. Watch tech for a bounce and see if it takes SPX up with it even though banks may be a bummer. NQ equivalent is 15500. Above look to long, below look to short.

AlphaTradersInc

SPY bouncing between the 50D above and the 100D below. Will most likely stay that way this week. Safer players will wait until $460 or $64.72 trades to make a decision on what to play. Playing in the middle won't net much gain for SPY players. If you play SPX or ES_F you can play the middle IMO.

AlphaTradersInc

We look range bound on ES_F between 4606 and 4707. They moved the local POC to 4663 and am looking for that number going into RTH tomorrow. Above 4663 in RTH we could go test 4681 and then off to 4700 area. I will be looking to fade 4700 area. If that fails, will look to 4740 again to hold the line for bears. 4740 is the breakout area that would take the market...

AlphaTradersInc

Could be an epic short. Looking at the break below of $58.63 OR the rejection of $62 if it comes. Over $62 you cut it and move on IMO. Will be scaling in tomorrow especially if we bounce and doesn't retake $62.

AlphaTradersInc

Name that we don't play often, but still has some juice left to squeeze both ways. Looking for a bounce of $143.49 for a play to 157 gap fill if market wants to relief bounce. Any daily close under 143.49 leads us to $130 and possible $108.

AlphaTradersInc

LCID was a bright spot in seas of darkness. $42 is not the must hold zone for more upside. I like it back to 48.50 and if through, a monster run back to 54.50. Lose $35.67 and we're back down to $30.

AlphaTradersInc

PYPL has been a huge disappointment since the end of Q3 '21. Old tech, no innovation, and other payment companies starting to make it look like a boomer stock. Looking at swinging this short to AT LEAST the 138.96 gap going into the end of the month. The pain is not over if you're a PYPL bull. Possible 108.45 by end of January if market has a taper tantrum and...

AlphaTradersInc

Be careful if you're a bull this week on TSLA unless it overtakes the 21d and the 1050 area. There could be a trade there to 1080 on a market relief day. Otherwise, we are looking at at the break below 1010 to get short to 950. Big opportunity at the 100 day. Don't think we get to the 200 which would be an epic buy.

AlphaTradersInc

ES_F ES1! sitting on major support around the 4750 area and has bounced off twice in the past two days. Expecting a balance day tomorrow and Tuesday into J-Pow testimony and then CPI on Wednesday. Careful traders can waiting until CPI to put a play on as the direction and trend of the next quarter into earnings may be obvious. 4650, 4667, 4680, 4689 above are...