Still like this idea from the other day.. Seems to be tracing correctly.. Jobless numbers DONT matter..
I like this stock.. Front lines of Covid testing so has good name recognition right now which generally causes retail investors to buy driving pricing up. Earnings report comes out in a few days which i am thinking should be higher than anticipated. (beat every quarterly estimate in 2019) Long long long..
Week after week we see more jobless, but the markets dont care.. I am seeing a potential pattern forming here. Impulse waves followed by double bottom corrections then another big pump. Thinking Spy will curl back to to the 272 area before the weekend (forming the double bottom) and then gap up for gains next week. Could be eyeing 300+ in the next couple of...
XLE broke $34 ceiling in premarket trading.. Needs to hold this level in order to continue up to our $36 target.. Oil seems to be stablizing a bit for now.. Bounced nicely off .618 Fib level from recent high. now above the .236 level.. Creeping into overbought territory on 30min charts. Could see a pull back in the open but should be another 3-4%gainer today.
I like this one longer term... Hard to find a cheaper option with a really good upside.. Look into it.
"Nationally Ranked Litigation Firm Labaton Strongly Encourages United States Oil Fund LP (USO) Investors With Losses of More Than $250,000 in Its ETF Shares or Options to Contact the Firm and Announces Investigation" Dumped my short term calls for a break even by a miracle. Still holding a long term call thats up a bit
Okay so we gapped down last night. Obviously Energy sectors are in panic mode. Do you guys really think it will stay here forever??? Hell no.. AS of now we still havent even broken the trend line up even with the gap down. Thinking maybe a short term Put option, but going to be loading up on long term calls here, only going to be cheaper than they were...
Looks to me like QQQ is acting in a nice pattern for us here. after each impulse wave we get an correction wave down to about the .382 fib level... then a gap up over night to some nice gainz.. Just happened again with a gap up last night.. Going long here and we could see higher highs in the coming Larger impulse wave looking for 5th wave up..
This things been a monster for years... Earnings coming out next week should be solid.. Testing currently for COVID solutions.
Still like the head and shoulders play here. Sitting at 273 support right now. a break from there runs us to 263 support which likely spurrs up buyers. Bottom of right shoulder to gap fill between 260-250. From there i am thinking we move sideways for a bit and accumulate before another run up
Its ugly AF, but I like it. Low risk options trading here. Got into more call options. LONG from here.
Awaiting new share approval from SEC.. Sitting on my hands at this time.. Want to get some more information.. Stay tuned..
Buying More call options today on this drop.. Get them now while they are cheap. These prices wont last forever. Adding to my September calls now. If you've got $200 you can live with losing, it should be put here IMO. upside is huge. ONLY TRADE WITH MONEY YOU CAN LIVE WITHOUT, IF YOU ARE NOT A FULL TIME PROFESSIONAL TRADER. I am not a professional trader, i...
Guessing we will start our sub 280 days this week.
Getting call options for almost nothing right now. $4.5 call
No real charting on this one.. Grabbed some of this after reading the news about them running the FDA approved study for COVID 19 solutions.. www.bloomberg.com Also earning come out in about a week which should be up from hydroxychloroquine sales.. Grabbed some June and July Call options here.. Looking for it to carry up towards $95+
NEW's was BS buying mostly. cashed in on a hail mary Call option from yesterday that paid pretty good this morning . Looking to head down to the 280 range, then i bet it pops back to the 284 range. Ultimately settling in the consolidation ranges we have been seeing the last few days. Next few major supports look to be 275/ 273. If we fall strong below 273 i can...