I’m sure you’ve all traded through markets where stocks just grind for weeks on end. They are commonly known as “Dow Forty Days.”
“Come, take your forty Dow points and go on with your day.”
As you can see, the Dow got down forty points today, didn’t know what to do, and went up. This will more than likely be the norm for awhile. Get comfy.
Last week, during After Hours with Option Addict, we described this phase that the market is transitioning into. This is an incredible environment, if you know how to select stocks.
For instance, DANG, MCP, DECK, ANGI, PWRD, GLUU, URRE, ONVO are all up 2% or more today.
The stocks we profiled last night: TSLA, YGE, BBRY….not too bad either.
My stocks that are down today? Not to worry, they will be up tomorrow.
We’ll talk this up more after hours.
OA
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UNXL schooled me so properly I ain’t even mad, was smiling as I capitulated like a rookie
That was a criminal move.
yeah what the flying F was that move about?
There is a strong bid under CREE and I like it.
Hey OA, I know this has been asked, but don’t know the answer… If I become a member now, can I go back and see previous ones like when you first started? Or just the last couple days?
Thanks
Comella
Yes, absolutely. There are written recaps as well. You won’t feel like you’ve missed anything, except my soul soothing voice.
Awesome… Thanks
Can i pay with Paypal? If so, how do I do it?
Thanks comella…
[email protected]
NFLX 305s doubled, thanks for the heads up OA, you made me look at it
fslr weekly 40s – sold most at a buck from .39 – thank you!
NOBODY JINX FSLR IN HERE TODAY.
$42
Crazy. Could pop to 60 in a month
evry onvo dip will be buyed , buyed and then buyed again , and the stock will eventually rise well over 10$ pretty soon .
missed the damn NFLX calls. I even said 310 yesterday. fuck. oh well, next week.
sold mine too soon.
Great YGE tip.
TSL looks ready?
took your YGE trade ,thx. What is your unofficial target for this puppy?
$10.
Sept $12 strikes are selling for $0.08 but they expire today…worth it?
I’ll take some of that action. Looks ready to finally push through $12 today.
Good eye!
OA on channel breakouts like ANGI, do you buy the break or wait for a retest?
I predict them.
LOL!!!
for the mere mortals who miss the breakout, it’s generally a better risk play to wait for the retrace.
So looks like FSLR could stop at $42, but if it gets past $42, could easily run to $46… and beyond. You plan to sell any at $42, or you thinking about holding?
I had one that is set to expire today. Not touching stock or October calls.
Thought so… I have Octobers… And thanks for the other thoughts… I also have YGE, BYD, and I bought GDX Sept puts 2 days ago and have killed it. I also bought $315 Sept calls on NFLX for $26 this morning. Been a good couple days to say the least. 🙂 You Rock!
nflx just going berserk