I HAVE A HINDENTURD OMEN TOO

After Hours with Option Addict members are fortunate enough to have access to my exclusive proprietary market timing indicator, whether they know this or not. This indicator works magic in most asset classes and well as individual stocks. However, it is like a Hindenturd Omen, seen only on the rarest of events.

The reason I bring this up now, is it is on the verge of a bullish signal seen only two other times in the last 10 years.

The chart above is the TF (Russell 2000 futures contract). Technically, the last two times where the trio of indicators pegged an extreme oversold reading was on 3/9/2009, and 11/15/2012.

Seeing the likes of TSLA, NFLX, SPLK, MBLY all positive into that flush earlier today indicates rotation.

I picked up CRM and WDAY calls and am trying for GOGO and GOOGL here too.

OA

Bearshitters and flip-floppers, pack your shit. Your time here is over.

Today’s turn had a very different tone to it. We discussed having a day this week where growth stocks were quietly rotational against a day like this in the broad market. Take your favorite stock, notice they likely didn’t follow that capitulatory low in the broad market here today.

I plan to discuss this with you at length, but for right now, I’m ready to hit the spree. Be back shortly.

Top picks here: WDAY, GOOGL, CRM, SPLK, AMZN, BABA, YELP.

You’ve likely already compared and analyzed market tops with me, but if you haven’t, check out this discussion during After Hours with Option Addict this evening. There are particular signals, metrics, and structures that they tend to follow. Learn how this “top” compares to none of them, as it is not a market top.

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

Started my position in VSLR this morning at 16.70.

OA

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