Back on the 19th, I posted this blog titled “The Angle May Change Here.”
Thus far, the charts have done exactly as I had mentioned. Here’s a quick look:
4/19
Current
I’m watching this developing wedge pattern here in the Nasdaq as well. If they clear 4430 in $NQ_F….as they say, “from failed moves come fast moves.”
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OA – I got $FB May 113c – up almost 200% – do you think this still has some legs underneath it or i should use mine and take profts?
Last quarter, it was a multi-day move…but have no idea if that’s what happens here.
Wow, IBB putting a serious reversal off lows…good ER from AMGN and/or GILD could turn this into a rocket!!
Ur welcome
Thought you were short…
OA called me the bottom ticker for IBB so had to try it out
I’m not feeling it — sold TWTR calls for nearly a double. Rang the register on SQ and AUY trades.
Feeling Costanza’ish and am going to buy some puts here. TWTR weekly 14.5’s and some AMZN 600’s
JDST yikes! Getting close…
Closer to what. How are folks not stopped out yet
Getting close to a buy. Would like to see gold go to new highs first. Can’t buy this thing on big up days.
Bot JDST 2.28
We could have had a negative GDP growth reading for the 1st Quarter and market would still go up.
vol spike on $JDST – might double down here – hate catching this falling knife though
gold has not been an easy short
If this move in Gold fails, I will too.
you were short, no?
Just $JDST
Long gold short miners pairs trade??
I don’t own Gold.
Would like to see a pullback to 4430 to see how it acts there. They blasted thought it this morning.
As much as I liked everything over the last two days, I have now come full circle and am back in the bear camp. That hypo May 112 call position – sold for breakeven. I want nothing to do with the long side.
One more JDST buy here @ 2.18
buying TWTR with a 14 handle is a no brainer…it gets bought my freakin someone with a 20+ handle eventually, for christ sake
or its goin to zero and never to be heard from again
place your bets
Trades down to hat size before being acquired
Be careful. I think JDST flat lines around $.30 cents before it splits in a month. Definitely some manipulation going on with juniors.
Never one to complain about 50% profits in 2 days but what to do with CLF here ?
Ring the register —
Wedge on falling volume on 5 min chart. Trying to manage an exit for once. If it clears day’s high… There nothing but empty air above
Sold JDST / Sold AMZN puts for a couple bucks profit. Keeping TWTR weekly 14.5 puts as YOLO. Lots of cash — no edge. Done for the week. Good luck guys.
UUP is getting close to breaking below the low set during the 8/2/15 crash. This dollar down trend suggests continued move up in equities and a major rip up in commodities.