I always get excited for these events, and I’ve prepared some great things we’re going to cover this week at our Q3 Boot Camp.
Again, if you’re on the fence about attending, here’s the session outline:
Session 1. Analyzing the Sector Rotations of 2016 and What to Expect Heading into the Fall
Session 2: Beyond the S&P: A Look at Global Markets in Turmoil
Session 3: The Scariest Charts Heading Into Year End
Session 4: Will Silver and Gold Collapse This Fall or Continue to Shine?
Session 5: My Single Best Idea for Q3, and How the Elections Will Affect Your Trading
To my After Hours with Option Addict constituents, I need a hall pass for tonight’s session. I’ve got too much to get set up this afternoon. However, I’ve prepped a watchlist in my absence, which can be found here.
I do plan to meet for the remainder of the week. Please contact me with any questions.
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only thing not working for me today is my UVXY
Looking forward to the Boot Camp very much. Great topics.
Thoughts on broad-based Emerging Markets here? I’m not a chartist, but as I understand the dynamics we should be purchasing in the middle of a defied channel. Does it appear to be an entry point to add here or should we wait patiently?
hey oa- any thoughts on vrx here?
Doesn’t feel like a short yet. Just a very late long?
fair enough – kinda sitting in the middle of its recent range I guess. thanks as always.
Ackman’s gotta have 1 winner eventually, no???
You can use lower time frames for management of a trade here, but chasing a move up like this I never endorse. Wrong guy to ask I suppose.
DJ – I know what you are feeling (FIMO – we all have)- it looks like it could be a huge mover and you want to participate – there are other positions out there just waiting, so try to find those, more profitable plays. I find that I tend to fixate on what could have been as opposed to finding the what will be – finding the what will be is where the profits are
Offshore oil production likely not going to be really affected by storms in the Gulf this week…
http://globalenergyworld.com/news/25589/Gulf_of_Mexico_Operators_Monitor_Tropical_Disturbance.htm
For those that missed the SBUX trade last week, here’s your chance to start a position.
FB breaking loose.
Every time I pass any SBUX the parking lot is always jammed. No position.
OK spot for KORS (was better this morning). Still in the range, but getting really tight in there.
KMI probed down, then decided better – looking pretty good
$XON seems like an easy entry to manage here?
One blog post. 14 comments for the day.
Crickets out there.
The cycle continues on without fail.
What cycle?
ATHM front month calls- what strike looks good/price? thanks
I took them on Friday. It’s a little tougher here, no?
always late to the party!
Can’t buy 3 days up. You can buy early on day two as long as the total move over that two day period isn’t more than 3%.
I’m stubborn on the chase rule. So many set-ups, no need to force sloppy.
buy high, sell low…
There’s only so many things you can control in order to give people an edge. I feel aside from encouraging position sizing, not chasing is the best rule I can put out there.
great stuff, thanks