TheBulltrader

TheBulltrader Updated 

Today 8/24/2018- I've entered a long position into Alaska Airlines (ALK) as the stock has been trading sideways for over 200 days and seems to have a strong support at 58$( average 60$ a share). There was an resistance zone at 64.00$ and it broke through it to 68$ and has now retrace back to 64.75$ a share which could now be a new support area. Not only is the...

TheBulltrader Updated 

Yesterday, I opened a few positions in the 3x financial bulls etf symbol "FAS" as I though it was at a better value than technology. To my surprise, the banks exploded higher in making a new daily high. With this new high, I believe the financial banks will begin to perform better and attempt to reach all time highs. I bought the January 18th long call option...

TheBulltrader Updated 

"LH" stock is in a nice uptrend and as you can see on the chart that right now we are testing the 50 day moving average which could be the new support. By drawing a fibbonnacci extension to 127% of the last swing, the stock could reach 200$ per share. I bought the February long call strike 275$ for 7.50 for 1 contract (750$ investment). With this trade, you could...

TheBulltrader Updated 

raytheon stock "RTN" is a defensive military stock that went up quick and retraced back to "new support level". As you can see on chart, the stock has broken out of the red trendline and is forming a strong base. The "SPX500" has made new highs and this stock has not! so this is a catch up trade as the market may continue to go higher and this stock could catch...

TheBulltrader Updated 

This stock is breaking out today as it has made a new high at 333$. To be aggressive, I bought the november 332.50 call strike for 9.90 per contract (990$ invested) and looking for the stock to go from 333$ to 350$ a share. Once i am profitable of atleast 20%, im going to write a sell call to decrease my risk. if you want to play this stock, you can buy the 3x etf...

TheBulltrader Updated 

Last week, EXR held a very nice support at $90.00. For a day or two, I am expecting a minor retracement back to $93.00 and then back to $100. The relative strength indicator is back above 50 and is showing a gain in strength/momentum to the upside. I am experimenting with a vertical spread by buying the 95 call and selling the 100 call expiration in December. I am...

TheBulltrader

Not looking good.

TheBulltrader

With technology taking a hit and semiconductors not looking too good right now, could this be the beginning of a big drop for smh? As always, I avoid these type of situations cause it's always easier to join the party later. If smh makes new high--> then join. If smh breaks support ---> then join. I don't see a need to buy/sell a wedge pattern. Anyways leave a...

TheBulltrader

BABA has broken support, emerging markets at near this years lows, and this stock is completely dead money for a few months. Technology sector has been amazing this year but now its time to cash in! and diversify your holdings. Technically this stock looks retarded. It has broken really the only support that I can see on the chart. I would be not be surprised if...

TheBulltrader

If you're an apple investor, oh boy you've been spoiled! Apple stock has been amazing and I think this is an excellent position to take some/most of your profits off the table. As market has made a new high, enjoy your profits and go on a vacation. -Just my opinion, don't forget to cash in!

TheBulltrader

Hormel why do you make such good mash potatoes! yum.... anyways, HRL is a bullish stock that has clearly broke the downward channel shown on the chart. This stock has momentum and looks to retest the highs. Buy this for "easy" 8% return. I like to buy this type of trade after having loser position. It boost my morale and these small winners add up on a growing...

TheBulltrader

MMM is currently down 18%-20% from all time highs and is offering buyers a good discount to buy the stock here below the 50day moving average and above the 200 day moving average. The moving averages are beginning to curve higher/ signaling that the stock should continue to go higher. As the overall U.S stock market has made new highs, this is a good option for an...

TheBulltrader

CAH is a beaten down stock that currently yields 3.64% (Pretty good). By no means, am I calling this "a bottom" because the stock has been deeply sold and I don't see any moving average or candlestick to say we are even near a bottom. However, the stock is at the 200 monthly average (this is good for first time buyers like me :P) as I am paying an "average price"...

TheBulltrader

Taking an opportunity to buy the 4 day dip on XLU utility stocks etf. The stock fell has fallen -2.59% and am taking the opportunity to buy the weakness and compound returns for the stock to go higher. I bought the November 52 call/ 54 sell call for 1.18$ per contract. When the stock goes up 2.82% at 55$ a share, this vertical call spread will profit approximately...

TheBulltrader Updated 

On Friday 8/17/2018- I bought a verticle spread 150 call and I sold the 155 call. This strategy makes money by having the stock price stay above 150.00 per share + (how much I paid for it). I paid 3.05 for the vertical call and that means the stock needs to stay above 153.05 by December and I can make $195.00 best case scenario. As with all trades, I don't ever...

TheBulltrader Updated 

On Friday 8/18/2018- I wanted to try a new strategy for me in buying a vertical call spread to bet that semiconductors are going to stay in a range and if it goes up or down or way higher, I end up making money. Currently SMH stock is worth 102.83$ per share and with this strategy, I will break even if stock goes to 96.57 per share which is located right at...

TheBulltrader

FINU is the 3x leveraged long position that trades very similar to the financial exchange trade fund :XLF As XLF has been beaten down, so had FINU. But over the past few months, the financial sector has been able to find support off the blue trendline and FINU has huge upside potential. As FINU is looking to break above current resistance, this 3x fund should...

TheBulltrader Updated 

Hey guys, These last few weeks, I've been enjoying passive investing with TQQQ and UPRO, but today I took my profits and found a great opportunity in betting that emerging markets will go down. I bought the 47.5 puts and 49 puts today. EEM has recently had a "small bounce" up and then it got smacked down hard today. With a break of the lows,(Coming Soon) EEM...