StockPickingEnthusiast

StockPickingEnthusiast Updated 

I'd like everyone's input. Kind of like a forum if we could. Explain what your seeing from your perspectives and back it up with technical info, etc. I'm currently short the SMH with some 11/22 $129 puts, but I'm considering only holding half of them through $NVDA earnings tonight. I personally don't think they'll outperform...especially since they've had an...

StockPickingEnthusiast

Not trading advice.

StockPickingEnthusiast

For the short-term I believe the industrials are in for a correction. Pick areas where it's re-testing previous day's high. Of course, this is just my opinion. Do your own due diligence. This is not trading advice. My ideas are: ODFL JBHT IYJ

StockPickingEnthusiast

SPX 50% retracement is not impossible soon.

StockPickingEnthusiast Updated 

NYSE:SHAK

StockPickingEnthusiast Updated 

I'm expecting a near term pop back to $198-$205 in $MCD simply because everything else is overbought and $MCD yields 2.36% while it fills the gap back up to the previously stated levels. Just my hypothesis. Do your own DD.

StockPickingEnthusiast Updated 

FB Do your own DD.

StockPickingEnthusiast

Do your own DD. FB

StockPickingEnthusiast

Purely speculation based on bearish divergences and past earning's selloffs about $10.00 down if missing expectations. I bought one TREX 11/15 exp $80 strike put option looking for a nice move down. Spending $148 to make several times that if I'm right. Goodluck and as always do your own due diligence.

StockPickingEnthusiast

Purely speculation on my behalf but you have the upcoming election cycle which will propel earnings in the year to come. Institutional buyers will come in purely because of that. And this discount is too good to pass up. I opened a position yesterday, and added to it this morning. Bullish divergence (although it may be too soon to speculate), I'm doing so anyway...

StockPickingEnthusiast Updated 

Very extended beyond its 50 day avg at $168 RSI showing overbought...especially on a miss on eps and revenue today... I’ve opened a put position. Do your own due diligence. Goodluck.

StockPickingEnthusiast Updated 

I have a small OOM put position for CAT here. Goodluck. Your trade= Your responsibility.

StockPickingEnthusiast Updated 

I've got a sad little OOM put for this domestic semi. The 1hr trend was broken and seemed to form a bear flag. We shall see. Goodluck. And never trade on my or anyone else's opinion. Your trades = your gains/losses. NASDAQ:TXN

StockPickingEnthusiast

Looks like ascending triangle showing weakness.. Worth a watch.

StockPickingEnthusiast Updated 

Just a hunch but especially since the tariff's from this week didn't go into effect and now China is pushing back again - speculation could begin that Trump bring those tariffs back into the conversation if China doesn't move on their promises... Plus inventory should be ridiculously high for most of the semis. SMH

StockPickingEnthusiast Updated 

Taiwan Semi getting ahead of itself as has the $SMH Do not trade on my opinions. Your trades=Your responsibility TSM SMH SOXX

StockPickingEnthusiast Updated 

XLU Short Term (Today) - Probably get a bounce off of this 63.50 level. Medium term bearish. Long Term Neutral to bearish. Do not trade based on my advice. Your trades=Your responsibility. Goodluck.

StockPickingEnthusiast Updated 

Liquidation of utilities has begun. Makes sense as we're nearing the end of the year and they are up huge. Also make sense because they are a source of funds to buy laggards that could benefit from a tariff pause. Goodluck. AMEX:XLU