Looking for opinions-got crushed recently, but I got AMZN 110 puts for Aug. Should we fill the gap and go to 97, or do you think get out and play another day. I have never been great at reading charts, any ideas???
“Should” is the key word there… But will it? After that BS rally yesterday, I just don't know what to think about what they've got up their sleeve today.
Loaded bunch of SPY puts ~1090 range… Will double it at around 1105-1110 (if we can make it – lots of stops there so they may move their joystick)… Overall it looks bearish… I won't go net long below 1130 but throwing some hedge could be good idea.
SNDK, ( follow up) beat st, by 22%, I'm buying / adding to the dip. The CEO announced he was quitting. (turkey *^#4%, move if you ask me) $39 low won't last long
Thanks for the link. It certainly is looking more and more bullish every day now. When bad news causes huge rallies like today, what can bring the market down?
He has a lot of good points in the video, with the large bull flag and the inverted head and shoulders pattern. I don't know if we will break out to the upside tomorrow or not, but next week is looking like a rally is coming.
I'm all out of opinions right now, after a butt whipping yesterday.
goldmam said 10 banks will fail stress test. is that part of your concern
Looking for opinions-got crushed recently, but I got AMZN 110 puts for Aug. Should we fill the gap and go to 97, or do you think get out and play another day. I have never been great at reading charts, any ideas???
No hats off to for pointing it out 🙂
“Should” is the key word there… But will it? After that BS rally yesterday, I just don't know what to think about what they've got up their sleeve today.
Loaded bunch of SPY puts ~1090 range… Will double it at around 1105-1110 (if we can make it – lots of stops there so they may move their joystick)… Overall it looks bearish… I won't go net long below 1130 but throwing some hedge could be good idea.
Today should sell off hard…
SNDK, ( follow up) beat st, by 22%, I'm buying / adding to the dip.
The CEO announced he was quitting. (turkey *^#4%, move if you ask me) $39 low won't last long
Thanks for the link. It certainly is looking more and more bullish every day now. When bad news causes huge rallies like today, what can bring the market down?
He has a lot of good points in the video, with the large bull flag and the inverted head and shoulders pattern. I don't know if we will break out to the upside tomorrow or not, but next week is looking like a rally is coming.
We are at a make or break area in the market. The guy from FFT has two confirming signal…and has been spot on in the past.
Check him out here.
http://www.youtube.com/watch?v=tbrnD02gLg8
SPY is up slightly in AH, so there goes that theory, about AMZN dragging down Retail, or AH is lagging, or AMZN is a buy now, I'm kind of lost too!