Buyers From Below

Despite an alarmingly fast sell-off at the open, stocks have found buyers from below this afternoon. This was the key tell for our sentiment count, and so far there are a considerable number of buying tails out there today.

Let’s make certain that stocks are going to hold these gains, but this could be a big win for the bulls here.

Watching X for a long.

OA

OA Buy: MHR

I bought shares of MHR at $8.48. The stock has been trading well and energy is steady bid.

Waiting for a little market weakness to step into some leverage.

OA

Good Morning

Sorry to leave the group guessing. I’m just barely getting up and trying to move around a bit. Surgery went well, but the pain was a little more than I thought, so I loaded up on meds and have been sleeping for the last 24 hours.

I see our trades are looking good. Let’s plan on a brief meeting after the close today, to review some ideas for the upcoming week.

Thanks,

OA

Holiday Weekend

Last night in After Hours with Option Addict we talked up a couple stock trade ideas. EGHT and URRE in particular. URRE is starting to perk up here, keep an eye on this is it moves north of $3.

I’ve come up with a few more tickers we’ll set-up for next week, but for right now, I’m starting to disengage for a nice long weekend.

Speaking of which, I will be out of the office, and out of consciousness on Monday. I’m scheduled for a surgery and it was the only time I could get in. Therefore, no After Hours with Option Addict on Monday.

Enjoy the much needed rest, and for those of you around, perhaps I will see you in After Hours with Option Addict after the bell.

OA

Setting Up the Day

Over the last several sessions, the best trade has been to avoid buying early, and wait til the afternoon to pick up a long.

I’m watching many of the names we discussed last night, namely YELP, SUNE and TWTR.

The $RUT is doing something a little different today as well. Last several sessions, it has led to the downside in about every probe lower. Today, it’s holding around its opening low, while everything else is trading beneath that same level. Subtle divergence, but a change of character, even if only temporary.

More later,

OA

 

Buyers From Below

Despite an alarmingly fast sell-off at the open, stocks have found buyers from below this afternoon. This was the key tell for our sentiment count, and so far there are a considerable number of buying tails out there today.

Let’s make certain that stocks are going to hold these gains, but this could be a big win for the bulls here.

Watching X for a long.

OA

OA Buy: MHR

I bought shares of MHR at $8.48. The stock has been trading well and energy is steady bid.

Waiting for a little market weakness to step into some leverage.

OA

Good Morning

Sorry to leave the group guessing. I’m just barely getting up and trying to move around a bit. Surgery went well, but the pain was a little more than I thought, so I loaded up on meds and have been sleeping for the last 24 hours.

I see our trades are looking good. Let’s plan on a brief meeting after the close today, to review some ideas for the upcoming week.

Thanks,

OA

Holiday Weekend

Last night in After Hours with Option Addict we talked up a couple stock trade ideas. EGHT and URRE in particular. URRE is starting to perk up here, keep an eye on this is it moves north of $3.

I’ve come up with a few more tickers we’ll set-up for next week, but for right now, I’m starting to disengage for a nice long weekend.

Speaking of which, I will be out of the office, and out of consciousness on Monday. I’m scheduled for a surgery and it was the only time I could get in. Therefore, no After Hours with Option Addict on Monday.

Enjoy the much needed rest, and for those of you around, perhaps I will see you in After Hours with Option Addict after the bell.

OA

Setting Up the Day

Over the last several sessions, the best trade has been to avoid buying early, and wait til the afternoon to pick up a long.

I’m watching many of the names we discussed last night, namely YELP, SUNE and TWTR.

The $RUT is doing something a little different today as well. Last several sessions, it has led to the downside in about every probe lower. Today, it’s holding around its opening low, while everything else is trading beneath that same level. Subtle divergence, but a change of character, even if only temporary.

More later,

OA