Folks, terribly sorry. I am unable to meet today. I have been trying to coordinate something that came up, and I can’t make it work. I am not able to meet after the close for After Hours with Option Addict. However, I have posted my watchlists in the After Hours with Option Addict blog and will discuss these set-ups with you on tomorrow’s session.
Thanks for your understanding, sorry for the late change in schedule.
OA
If you enjoy the content at iBankCoin, please follow us on Twitter
Why am I so stupid as to not be able to find the watchlist?
First post, right when you sign in.
Got it!
OA, would you agree we gap up or down, based on the way the vote goes, but we won’t open flat? If one has a stance they should trade on it before the close because tomorrow morning will be too late? What one stock do you like if Britain stays and markets move up again tomorrow? Thanks.
In my own opinion, it looked to me like we were going up either way.
Boy this could not have been any more wrong. I definitely did not think a Brexit would have this kind of effect
Glad you didn’t share that opinion then. I presume you positioned yourself properly.
I’m 100% long here. I’d take anything.
haha. I like ur style
We are thrusting upward to make new highs.
The shorts are out of money and scared, the fence sitters too late to the game.
Despite flys shit talk about China, that’s where the money is.
Agreud. Those stocks look incredible the further out you zoom.
My Chinese Burrito portfolio is +5.5% in 5 days thanks to Tencent. The future looks bright.
I just want BABA to get back to $100. is that too much to ask??
This could be an amazing run in the next few months. Short TVIX, long QQQ/ XBI.
thing we’ve been saying that about bio for the last 3 months. but it hasn’t had a sustained rally for more than a week
Put call ratio ended at 1.24 also. Still lots of fear/ bearishness in the market to push things higher.
Brexit ain’t gonna happen folks. 100% invested and looking to add some if we dip tomorrow. There are too many people bearish for this market to drop right now.
agree. brexit ain’t happening. only question remaining is how will market react. market loves to catch people on the wrong side.
LOL
BREXIT IS HAPPENING.
BUYING OPPORTUNITY, THANK YOU VERY MUCH.
WELL, SO MUCH FOR THE BUYING OPPORTUNITY.
Swing trading in the futures market tonight is not for the uninitiated
And I cashed in a large bond earlier to submit to the stock gods.
Maybe I’ll go dumpster diving FIT, GPRO, CMG, FEYE or hide out in quality MCD, XOM, MSFT, PG
Hell no. No one gonna buy
I’m in 100% cash right now, I’m hoping for a big gap down to buy after missing this rally from last Thursday when OA said to buy.
Let’s hope we don’t open down here. I can’t take a five figure loss overnight. May take off work tomorrow as sleep is not in the cards right now.
Why, are you on margin or would you capitulate with a big gap down?
Wow. I would hate to be fully long right now
But could reverse at the news of a stay vote
No margin but fully invested. My ytd returns are going to be wiped clean if we open down here. I will hold through it since I still think we go back to new highs by end of year.
Just read this blog and watch when the pro’s sell or go short. That’s the time to buy.
Scary but it works every time.
Watch us close green tomorrow. I’d love to get some bargains at the open. I looked at TVIX at $2.10 after hours and couldn’t pull the trigger because I thought we were going higher. Woulda Coulda Shoulda
nope
Let’s just say the markets open where they are at now … 1) will it have a couple day repercussion and trade lower each day? 2) name three stocks you want to pick up assuming they take a hit tomorrow. LABU FB TWTR
I’ve been selfishly hoping for a breakdown in GOOGL to get to around 670. Looking for that 6-7 year trendline touch. Not much else I’m looking at. I’ll probably end up adding to my FSLR as it will likely get crushed, as usual. It’ll be interesting to see how ugly things get. Glad I didn’t try to trade the futures for scalps here and there tonight, things are definitely moving fast.
People aren’t buying with both hands with a huge gap down?
Anyone buying pre-market?
Added to TVIX short but will close evrrything EOD.
Trying to buy IWM weeklies at the open but will sell by EOD. YOLO
Closed half
Got out for rest
SO with the massive outflows over the past 6 months, how does that affect this market action? At some point, all that money is going to come back into the market, right? if that much money is on the sideline, that should limit a massive correction, or since this is a global event, is there a lot more re-positioning about to take place that is going keep things sporty around here? Lot of stuff to discuss.
People that went to cash over the past few months will be buyers today which should help us recover some losses.
The market action today will be decided by those with a much higher pay grade than ours. Be careful.
Totally agree with this, I don’t think my 5 digit trading account is going to move the needle.
Looks like there are some buyers stepping in – who is it though? Short covering or initiative?
Got a few IWM calls at the open. Didn’t get LABU filled
Put an order in for 26 this morning and walked away. It was hit so we’ll see how it goes.
Retail and Restaurants are holding fairly well. HABT an option.
So many in here think it’s way to dangerous to buy this dip here and hold over the weekend? Remember, it will take two years for the UK to leave the EU.
And honestly guys, I personally think they(England) voted to leave because of the refugee crisis going on in Europe from the civil wars going on in Syria/Iraq.
I would say don’t dive in if you have cash, but I would strategically allocate. I have some next week GOOGL calls that still look ok.
Vote was all about immigration – the press will just look for all other excuses because of threat to US election not going their way
I’m blown away that you are not able to make this decision for yourself. You said you were waiting for a dip. Apparently, so was the market.