I’VE BEEN NEUTERED

Listen here.

I get that this has been an incredibly difficult stretch as of late. Last month, I was hitting equity highs for the year that I worked damn hard for. I’ve given back a significant amount of those gains here, just in the last few weeks. Never seen me hit a rough patch before? Stick around, I do it multiple times per year, as anyone else does.

However, if you think for one minute I will tolerate your ass, showing up to blast me as I wade through all your nonsensical bullshit you claim to know about the markets, you have another think thought, thing, or (insert proper word here) coming.

For those of you in the same position as I, having given back some gains recently…its temporary. You’ll be made whole again faster than you drew down.

I will finish this year in a violently profitable fashion, and so will you. It’s almost over.

OA

WELL? DID YOU CAPITULATE?

You’ve got to love the process of forming a bottom. Discouragement on both sides of trade.

Our game plan is still in tact for this week, despite the fact that every element has been tested. Since the bears were unable to take this down here today, what does that leave for the pain trade tomorrow?

See you After Hours…

OA

OA Buy: ATHM

I bought October calls in ATHM this morning.

Carry on,

OA

TAKE A LOOK AT THIS

This weeks roadmap started with a gap down. No problem, that I can handle. We talked about our short-term target to the upside in the $RUT (1130) which is still valid based on a responsive buyer at the open. I bet we’ll get this started in the form of a gap and go tomorrow.

At that point, we’ll wait for a dip to buy. Likely down at 1120.

rutmap

Structurally, the Russell has had a positive divergence quality since Thursday. This includes today, which we’ll illustrate after the bell. Breadth has been great today also.

To really solidify this whole bottoming process, I’d like to see a day where high beta/momentum/growth stocks all lead the market. In other words, on a day where the market itself is neutral, we need a day where these stocks are all positive. A day where they all trade +2% or better. This will be the final signal of a rotation we need in order to accelerate up.

What’s your top pick today? I caught a mean reversal in MBLY today. Stalking ATHM, BITA and ARWR.

OA

SHOWS OVER, PAL

CLICK HERE for the watchlist.

If you enjoyed your free trial and would like to join ranks, please click on this After Hours with Option Addict link to subscribe. Thank you for keeping me company, and enjoy the upcoming money you make from our analysis.

Also, come see me in Vegas.

Have a good weekend,

OA

 

I’VE BEEN NEUTERED

Listen here.

I get that this has been an incredibly difficult stretch as of late. Last month, I was hitting equity highs for the year that I worked damn hard for. I’ve given back a significant amount of those gains here, just in the last few weeks. Never seen me hit a rough patch before? Stick around, I do it multiple times per year, as anyone else does.

However, if you think for one minute I will tolerate your ass, showing up to blast me as I wade through all your nonsensical bullshit you claim to know about the markets, you have another think thought, thing, or (insert proper word here) coming.

For those of you in the same position as I, having given back some gains recently…its temporary. You’ll be made whole again faster than you drew down.

I will finish this year in a violently profitable fashion, and so will you. It’s almost over.

OA

WELL? DID YOU CAPITULATE?

You’ve got to love the process of forming a bottom. Discouragement on both sides of trade.

Our game plan is still in tact for this week, despite the fact that every element has been tested. Since the bears were unable to take this down here today, what does that leave for the pain trade tomorrow?

See you After Hours…

OA

OA Buy: ATHM

I bought October calls in ATHM this morning.

Carry on,

OA

TAKE A LOOK AT THIS

This weeks roadmap started with a gap down. No problem, that I can handle. We talked about our short-term target to the upside in the $RUT (1130) which is still valid based on a responsive buyer at the open. I bet we’ll get this started in the form of a gap and go tomorrow.

At that point, we’ll wait for a dip to buy. Likely down at 1120.

rutmap

Structurally, the Russell has had a positive divergence quality since Thursday. This includes today, which we’ll illustrate after the bell. Breadth has been great today also.

To really solidify this whole bottoming process, I’d like to see a day where high beta/momentum/growth stocks all lead the market. In other words, on a day where the market itself is neutral, we need a day where these stocks are all positive. A day where they all trade +2% or better. This will be the final signal of a rotation we need in order to accelerate up.

What’s your top pick today? I caught a mean reversal in MBLY today. Stalking ATHM, BITA and ARWR.

OA

SHOWS OVER, PAL

CLICK HERE for the watchlist.

If you enjoyed your free trial and would like to join ranks, please click on this After Hours with Option Addict link to subscribe. Thank you for keeping me company, and enjoy the upcoming money you make from our analysis.

Also, come see me in Vegas.

Have a good weekend,

OA