MattDeLong

MattDeLong

I like Upwork long term (use their service as a consumer too), here is my plan to pyramid into shares. I will buy in 4 tranches and then have a pre-defined level where I will buy protective puts. Max loss is about $6/share average after all 4 levels are filled -- before it hits the insurance level.

MattDeLong

like Square long term, here is my plan to pyramid into shares. I will buy in 4 tranches and then have a pre-defined level where I will buy protective puts. Max loss is about $11/share average after all 4 levels are filled -- before it hits the insurance level.

MattDeLong

I LOVE THIS GAP!!! I LOVE THIS TREND!!

MattDeLong

I like this swingtrade, but I also like BETZ as a long term ETF to watch / own / buy / trade and have fun with

MattDeLong

Earnings this past week and surely smoked the short on gap up after earnings. Probably the biggest short squeeze of the week. I don't have a position yet, but will be stalking it around the 54.13 pivot. Up on massive volume too, probably continue higher Mon/Tue and then looking to buy the dip.

MattDeLong

Alot of selling the past few days on this name. Increasing sponsorship from funds, 99 relative strength rating, growing EPS & revenues nicely.

MattDeLong

This is the hedge strategy used by trader Puru Saxena. It shows a "red flag" above the candles when the 40ema is below the 120 ema and the 5 ema is below the 20ema on the daily chart. The red flag indicates its time to hedge. Original thread: twitter.com

MattDeLong

Alot of emotion on this stock today, sold the $75 put for Aug 16th @ 2.75. Bullish

MattDeLong

Sold the TTD Jul 19 2019 160 Put

MattDeLong

Sold the OKTA Aug 16 2019 65 Put for 4.90

MattDeLong

Sold the MDB Aug 16 2019 80 Put for 6.40

MattDeLong

On weekly chart, SQ crossed donchian midline lower (waiting for dip buy) and price action broke above previous week high. Good setup, missed out on this one :(

MattDeLong

Shopify softened a little over the holidays but had a strong bullish punch on Jan2. Earnings coming up at the end of January, so I expect a retest of the 50-day SMA and continuation higher. We have `JAN 18 2019 SHOP $90` naked puts sold for `$15.00` two weeks ago and `APR 20 2018 SHOP $90` naked put sold for `$3.80` one week ago looks good too.

MattDeLong

UPTREND established PULLBACK (in-progress) WAIT FOR continued uptrend Be careful about holding this over earnings unless it's part of a larger portfolio.

MattDeLong

I want price to cross below donchian mid-line over the next few days and only play it if the following day goes above the previous high. This similar move happened mid-November 2017 (circled).

MattDeLong

This is my prediction for SPY for the next 30 days and mirrors a similar SPY move back near the end of March.

MattDeLong

Today's pullback on SPY was very similar in size to the Sept 9th pullback. I have added the following projection.

MattDeLong

This is what happens when there is no culture of innovation, a slow death slide. This is the MONTHLY chart of Sears -- who at one time was the nation's largest retailer during my grandparents generation. Now they are forced to sell off their primary assets to buy more time to try to stay on life support. $SHLD never recovered from their May 2007 high, 10 years...