day trading waves in AAPL, making back my lost put spread. seeing how this market is asleep at the wheel, I'll just dip in & out of stochi algos. ugh. whatever, being in the green is better than bitching. Gotta trade the market in front of you, not the market you wanted.
long commodities tho they're talking a breather. looking at FCX for another decent trade. The setup: thinking this downward trend in FCX continues for a few more days then touches off the bottom of this inside pitchfork, so I'm eyeing a few at the money April 16 33.50 puts, watch to see how it behaves on the 32.91 support level, if it fails there, fork model is...
It'll be pressed to the limit, but n f's given in this frenzy. we built in GDP thru 2025 100 handles back, and now we're setting up lawns chairs in the death zone on Mt. Everest in denial, but also because this bitch is crowded up here. J. Powell down in basecamp radioing you at the top, stroking your ego while the oxygen tank has about 3% remaining. But you can't...
promising tech, I like Jagdeep as their CEO, seems fairly forthright and optimistic about their achievements, I have 50 shares and a worthless 55 call option that broke down awhile back..But here & now the sellers are massacring the weak hands on full public display here. I think it bottoms at $33.50, then bounces solidly from there barring lockup expiration,...
CPI comes out tomorrow, this thing has pierced a massive trend line going back to the early 1980s. Catalyst near term for a sell off. Oil rallies on the back end of tomorrow's CPI report IMO.
I have a 345 april 30 call set to expire, this thing decided to actually participate in the free money chase to the upper right quadrant. What a turd after earnings. record quarter and the street got all pissy about guidance. So then tell me why the S&P hits a new record daily, d bags. PT 360 would be nice, but will take 353. nobody going back to the office, just...
reffing a pretty lopsided game here. the buyers have been absolutely crushing the sellers, but we're seeing some sanity at this latest wave, albeit just a glimmer of fear come back in. it's likely all bot driven at these levels, have to think the fund managers are on early vacay ahead of the crowds, working on their tans, sleeping in, getting room service...
looking for AAPL to retrace down below ~$128 in the next couple sessions. could be a buy the dip afterward on a small bounce but my thinking is this languishes until earnings. These guys are waiting on chips like everyone else, the ^TNX is waking up again, S&P could get the rug pulled out from underneath it any day/week. Better entry points lie ahead. Cheers
agriculture, trucking, commercial tires, food production, hogs, cattle. Bullish on Merica. Accumulating shares after an S&P pullback, long cattle futures, soy, corn, wheat, oil.
they were noting high volume upside call action into earning on national television Friday. Only issue is the S&P has a higher propensity to sell off and drag this thing down with it. So if AAPL rallies for another week, so will this thing. All things being equal, I think it's a pump & dump and whoever bought 100K call spreads on this knows they'll get their heads...
CBOE will probably have a record quarter but their guidance in the face of lacking volatility could screw them on the back end of earnings. Where's the f ing volume? Where's the VIX right now? I'm obviously real pissed about the market conditions because I need delta for s**t to work better, and although this titanic could turn on a dime and trading volume ramps...
this thing has been absolutely murdered. finally showing a double bottom, albeit this could also jerk to $10 so who the f knows. My $100 July 16 calls weren't cheap, still holding onto them, I think software services oddly get a bid while the S&P pukes its brains out later this month. PT $120 but I'll gladly sell my shares @ ~$98 fib resistance. Make sure ice runs...
normally bullish on stocks but this action is mental. I'll give the bulls an 8% move on this upward turd, at that point, the SPY has outpaced the entire forecasted 2021 US GDP within ~10 sessions. Need a microscopic to spot volume on this chart.
naw that's not overbought...wtf. April 16 & 23 406 Puts. What a joke. Enjoy buying this bag at these levels.
no position at the moment, certainly eyeing some calls on the UVXY once we see sub 15 on the VIX. My call is ~14,50 things get interesting. Not quite there yet, but damn near in the home stretch. Vol will pick up. Really depends on how orderly the next S&P decline manifests in the face of purely overbought euphoria & hot money chasing unbeknownst sanguine &...
My thesis on AEVA: Elon needs more sensor crap built into his semi trucks or the commercial client will show reluctance to order, i.e., Tesla might have to adopt this tech to become compliant with the regulatory. This could apply for all the TSLA vehicles eventually. Apple known for stealing Tesla talent (not so much the other way around), but the Aeva story a bit...
I rolled into a couple dumb May 21st 92.5 calls a couple weeks back and overpaid when the underlying was rallying. Showing some promise now, although I'm tempted to close this trade and take a loss when it straddles it's par fib trend level 1.0 @ $86.50. My thinking was half the cohort that travel want to get back in shape before traveling again; this group...
this latest leg up is a crowding move v rates. re-arranging the deck chairs next week. bought some 126 weekly puts, albeit a touch early. Might roll this out another week. love apple hardware & the physical design approach, the rest of the company has issues & regulatory kinks, they rule that app store with an iron fist, which can be perceived bullish because...