I’m going to conclude this weeks free trial today, wrapping up our 4 part mini-series of How to Trade Like a Gentleman.
attendee.gotowebinar.com/register/68041081853615.. password: study
After tonight, I am leaving town, not to be seen for at least the next 4 days.
On the day, I held my ground…like a damn boss.
I booked my ginormous gains in $WDAY (calls purchased down at $67), Booked $CTRP calls for a win, and $ZTO shares for a good gain. I used the proceeds to buy $YY & $NFLX calls at the open, added to $AMBA calls, and just bought $YRD shares.
See you after the bell.
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TUP interesting here.
It’s on my list too. Earnings next week
Wonderful wedges…OLED and UNFI…
Best Christmas Present I bought myself this year is VALE. AMRN got a pocket above. AREX too if it can stay on this trend line. Also looking at AVXL, BV, and CHK.
Thanks for the freebie this week OA. Am thinking about getting back into the fold.
If you like the cheapies look at ENT
Thanks trader, I’ll take a look see. Just finished filling my order for AREX and put in an order for AMRN.
You guys have thoughts on this CRSP? Def has the name recognition. I’m long from right about here. I think it does one of those crazy chases soon.
In that space NTLA or EDIT looks more manageable to me.
well got stopped out of that one… didn’t take long
Just looking at AMBA for a longer term trade based on Jeff’s mention and the current wedge. Looked at the 2 yr chart and that sure looks like a Sentiment chart to me. Would say we’re in aversion, what do you think? I like it here for a trade to the top of the wedge but sure looks like it could work long term, adding this to my 401K.
Anyone get in on SN?
Finviz screener is extremely risk-on, but I don’t like my sentiment right now. I think I have to trim a little risk. Problem with my Jan expiries is they are not quite to my targets but are working on getting there, and there is nothing in there structure to suggest I should sell. Never know what to do about that.
Yup!!! Today is a good day
yeah I’m setting some hard stops today – hate the fade and don’t wanna lose what I’ve made so far this year….it’s always tough because I end up getting stopped out of some shit that runs but preserving the gains is worth it for me (I’m just in stocks, btw).
Are we at the aversion point for Twilio? Or maybe even denial?
In nxt week’s TWLO calls
trimmed back some NTNX and replaced w TWLO
Also bought a decent chunk of TWLO calls for next friday. 30’s for 25 cents and bidding for 28.5’s.
$LNN spent enough time consolidating here, IMO. Looks like it’s in the neighborhood of the long term trend line.
And I continue to love the $KMB chart even though I’m going to run out of time on my options.
KMB hasn’t moved in 3 months. Lots of better stocks to trade.
I’m always looking for the calm before the storm.
Picked up some URRE on the drop at 2.62. God help me.
Picked up LABU at $40.8
picked up some $OLED puts – that triangle is too purdy to break upwards – lol.
https://ibankcoin.com/option_addict/2016/12/20/oa-buy-ln/#comment-92194
You’re welcome.
Hint:ETRM was in that list!
OA Any predictions going into Inauguration?
I think it’s Trump that gets inaugurated.
But… expect the unexpected to fall short of what is expected
Number One answer of the year, and it’s only Jan 16th.
But the big shorts are quietly closing out their positions, managers are putting more money to work in the market. The “sell the inauguration” battle cry has been muted and Bill Gross has been outed by Gundlach. It’s time to re-position into the market, tech and health care.
Then right when everyone gets comfortable, whammo, we’ll get a huge pull back and gold will surge.
Or – the market doesn’t do much as it consolidates during a slow motion selloff, gold bulls say “I told you so” and then whammo – the market takes off, gold gets slaughtered, and shorts get roasted.
Doug Kass started off the year with TSLA short, AAPL short, Gold long, and his trade of the year – QQQ short. He is historically wrong on 90 percent of his calls and so far he has 3 out of the 4 calls wrong but he has conveniently forget the 3 he is wrong so far and is pounding the table on the one he has somewhat right – gold long. He has also recently been making sure everyone who casually reads his tweets would know that he is short financials – specifically the big banks.
Really wanted to get into LAZ but missed they buy opp this morning.. watching. If it can’t get back past the middle, a buy under $40.5 should be a good one.
I’m looking at HLX too for a buy
RH acting like it’s about to rocket. Great chart on several time frames. Adding to my position.
OXM & M nice charts for reversal..
How was the vacation, boss?
Can never get enough sunshine. Had a great time.