huxtable

huxtable

ETH retrace to 214 and then higher!

huxtable

Who the fuck knows... It seems like there should be another leg down at some point. I am thinking that early May should have some interesting things happening which could be the trigger. NYC rent strike Currently overbought 61.8 retracement level The NYC rent strike will be interesting to see how many people are participating in this event. If it is...

huxtable

There are a few good indicators here pointing to the downside for MGM. Earnings is coming up 4/30, while the previous quarter might be ok. The outlook should be dismal. I recommend selling a call credit spread. I don't see the stock going above $15. 5/15 - Sell $15 call and buy the $20 call. This will be $5 wide spread. The amount of premium is not that...

huxtable

There is a lot going on here. I am bumming about this crazy rally. I should've seen it coming and I was blind and greedy. Should've known the squeeze was coming and all the QE. I made a line of the tops and bottoms and I copied it and pasted where I think the next fall should go based on the fib retracement but also trendlines. I added a pitchfork which I...

huxtable

What will happen will we break up or down?!?! We are all waiting eagerly to find out! I don't see how we could go up but time will tell. We broke the fib retracement level that was around the 247 level and have been below going into the close. Seems like a strong indicator that we will go down to the next support level around the 1950-1800 area. How long will...

huxtable

Well I was right a couple of days in a row with the VIX and VXX, but now crazy is the new normal so looks like we didn't brake out of the channel I had previously charted. I have updated the trendlines and it looks like we will have to test this 61% line, if we break that then the trend is no longer our friend and we are on our way to recovery. If we break above...

huxtable

Based on a chart I saw @ericsalon post in wsb. Slightly different fib setup, I tried this fib fan and I think it has some interesting points which match up with the prediction. These are some of /u/Variation-Separate predictions from /r/wallstreetbets.

huxtable

I used this fib channel on a whim and things lined up so nicely. No flying, very little driving.

huxtable

Ringcentral is a Zoom customer. They provide video services, among other things, to customers with a white label version of Zoom that they put their logo on. It should track the same as ZM, which has been overbought and overbought and overbought. But it makes you wonder if it really is overbought. Companies, schools, churches, funerals... everyone is needing these...

huxtable

I read this post over on wallstreetbets. I lurk over there all the time. I find it very comical usually. Don't take it too seriously. www.reddit.com There have been some good ideas from time to time. I bought HDB puts after reading this 30x OCT 16 $30 for $0.7, it is now selling for about 4.80. Trying to figure out where to exit. I think the VIX will go up...

huxtable

Here is another look at SPX, I setup the retracement a little differently that before and added some trend lines. I wanted to see what I thought SPX might do looking at it from a 5 day perspective as well as have the top trend from where we were at our highs.

huxtable

Went a little lower than my prediction, but should change soon! Hold those puts!

huxtable

GLD looking to take a tumble back down in the next few days.

huxtable

There are probably a few more up days ahead of us. 2-3 days of positive to get to the 265-275 level, then we can continue our downward trend.

huxtable Updated 

Yesterday I posted that the vix will go up in the next week or two. I bought May 15 VXX 50C at close for 9.50. I sold this at open for 11.50. House just passed the bill so stocks should go up for Friday. We should see the vix go down a little until EOD. It might be a good opportinuty to jump in some calls on the VIX and or puts on your favorite stock. Over the...

huxtable

While there has been some pullback in the ^VIX. The upward trend is still intact. I suspect another increase coming within the next week or two.