Bitcoin On Track For Best Second Quarter Price Gain On ...

DDDD - The Rise of “Buy the Dip” Retail Investors and Why Another Crash Is Imminent

DDDD - The Rise of “Buy the Dip” Retail Investors and Why Another Crash Is Imminent
In this week's edition of DDDD (Data-driven DD), I'll be going over the real reason why we have been seeing a rally for the past few weeks, defying all logic and fundamentals - retail investors. We'll look into several data sets to see how retail interest in stock markets have reached record levels in the past few weeks, how this affected stock prices, and why we've most likely seen the top at this point, unless we see one of the "positive catalysts" that I mentioned in my previous post, which is unlikely (except for more news about Remdesivir).
Disclaimer - This is not financial advice, and a lot of the content below is my personal opinion. In fact, the numbers, facts, or explanations presented below could be wrong and be made up. Don't buy random options because some person on the internet says so; look at what happened to all the SPY 220p 4/17 bag holders. Do your own research and come to your own conclusions on what you should do with your own money, and how levered you want to be based on your personal risk tolerance.
Inspiration
Most people who know me personally know that I spend an unhealthy amount of my free time in finance and trading as a hobby, even competing in paper options trading competitions when I was in high school. A few weeks ago, I had a friend ask if he could call me because he just installed Robinhood and wanted to buy SPY puts after seeing everyone on wallstreetbets post gains posts from all the tendies they’ve made from their SPY puts. The problem was, he actually didn’t understand how options worked at all, and needed a thorough explanation about how options are priced, what strike prices and expiration dates mean, and what the right strategy to buying options are. That’s how I knew we were at the euphoria stage of buying SPY puts - it’s when dumb money starts to pour in, and people start buying securities because they see everyone else making money and they want in, even if they have no idea what they’re buying, and price becomes dislocated from fundementals. Sure enough, less than a week later, we started the bull rally that we are currently in. Bubbles are formed when people buy something not because of logic or even gut feeling, but when people who previously weren’t involved see their dumb neighbors make tons of money from it, and they don’t want to miss out.
A few days ago, I started getting questions from other friends about what stocks they should buy and if I thought something was a good investment. That inspired me to dig a bit deeper to see how many other people are thinking the same thing.
Data
Ever since March, we’ve seen an unprecedented amount of money pour into the stock market from retail investors.
Google Search Trends
\"what stock should I buy\" Google Trends 2004 - 2020
\"what stock should I buy\" Google Trends 12 months
\"stocks\" Google Trends 2004 - 2020
\"stocks\" Google Trends 12 months
Brokerage data
Robinhood SPY holders
\"Robinhood\" Google Trends 12 months
wallstreetbets' favorite broker Google Trends 12 months
Excerpt from E*Trade earnings statement
Excerpt from Schwab earnings statement
TD Ameritrade Excerpt
Media
cnbc.com Alexa rank
CNBC viewership & rankings
wallstreetbets comments / day

investing comments / day
Analysis
What we can see from Reddit numbers, Google Trends, and CNBC stats is that in between the first week of March and first week of April, we see a massive inflow of retail interest in the stock market. Not only that, but this inflow of interest is coming from all age cohorts, from internet-using Zoomers to TV-watching Boomers. Robinhood SPY holdings and earnings reports from E*Trade, TD Ameritrade, and Schwab have also all confirmed record numbers of new clients, number of trades, and assets. There’s something interesting going on if you look closer at the numbers. The numbers growth in brokers for designed for “less sophisticated” investors (i.e. Robinhood and E*Trade) are much larger than for real brokers (i.e. Schwab and Ameritrade). This implies that the record number of new users and trade volume is coming from dumb money. The numbers shown here only really apply to the US and Canada, but there’s also data to suggest that there’s also record numbers of foreign investors pouring money into the US stock market as well.
However, after the third week of March, we see the interest start to slowly decline and plateau, indicating that we probably have seen most of those new investors who wanted to have a long position in the market do so.
SPX daily
Rationale
Pretty much everything past this point is purely speculation, and isn’t really backed up by any solid data so take whatever I say here with a cup of salt. We could see from the graph that new investor interest started with the first bull trap we saw in the initial decline from early March, and peaking right after the end of the crash in March. So it would be fair to guess that we’re seeing a record amount of interest in the stock market from a “buy the dip” mentality, especially from Robinhood-using Millennials. Here’s a few points on my rationalization of this behavior, based on very weak anecdotal evidence
  • They missed out of their chance of getting in the stock market at the start of the bull market that happened at the end of 2009
  • They’ve all seen the stock market make record gains throughout their adult lives, but believing that the market might be overheated, they were waiting for a crash
  • Most of them have gotten towards the stage of their lives where they actually have some savings and can finally put some money aside for investments
  • This stock market crash seems like their once-in-a-decade opportunity that they’ve been waiting for, so everyone jumped in
  • Everyone’s stuck at their homes with vast amounts of unexpected free time on their hands
Most of these new investors got their first taste in the market near the bottom, and probably made some nice returns. Of course, since they didn’t know what they were doing, they probably put a very small amount of money at first, but after seeing a 10% return over one week, validating that maybe they do know something, they decide to slowly pour in more and more of their life savings. That’s what’s been fueling this bull market.
Sentiment & Magic Crayons
As I mentioned previously, this bull rally will keep going until enough bears convert to bulls. Markets go up when the amount of new bullish positions outnumber the amount of new bearish positions, and vice versa. Record amounts of new investors, who previously never held a position in the market before, fueled the bullish side of this equation, despite all the negative data that has come out and dislocating the price from fundamentals. All the smart money that was shorting the markets saw this happening, and flipped to become bulls because you don’t fight the trend, even if the trend doesn’t reflect reality.
From the data shown above, we can see new investor interest growth has started declining since mid March and started stagnating in early April. The declining volume in SPY since mid-March confirms this. That means, once the sentiment of the new retail investors starts to turn bearish, and everyone figures out how much the stocks they’re holding are really worth, another sell-off will begin. I’ve seen something very similar to this a few years ago with Bitcoin. Near the end of 2017, Bitcoin started to become mainstream and saw a flood of retail investors suddenly signing up for Coinbase (i.e. Robinhood) accounts and buying Bitcoin without actually understanding what it is and how it works. Suddenly everyone, from co-workers to grandparents, starts talking about Bitcoin and might have thrown a few thousand dollars into it. This appears to be a very similar parallel to what’s going on right now. Of course there’s differences here in that equities have an intrinsic value, although many of them have gone way above what they should be intrinsically worth, and the vast majority of retail investors don’t understand how to value companies. Then, during December, when people started thinking that the market was getting a bit overheated, some started taking their profits, and that’s when the prices crashed violently. This flip in sentiment now look like it has started with equities.
SPY daily
Technical Analysis, or magic crayons, is a discipline in finance that uses statistical analysis to predict market trends based on market sentiment. Of course, a lot of this is hand-wavy and is very subjective; two people doing TA on the same price history can end up getting opposite results, so TA should always be taken with a grain of salt and ideally be backed with underlying justification and not be blindly followed. In fact, I’ve since corrected the ascending wedge I had on SPY since my last post since this new wedge is a better fit for the new trading data.
There’s a few things going on in this chart. The entire bull rally we’ve had since the lows can be modelled using a rising wedge. This is a pattern where there is a convergence of a rising support and resistance trendline, along with falling volume. This indicates a slow decline in net bullish sentiment with investors, with smaller and smaller upside after each bounce off the support until it hits a resistance. The smaller the bounces, the less bullish investors are. When the bearish sentiment takes over across investors, the price breaks below this wedge - a breakdown, and indicates a start of another downtrend.
This happened when the wedge hit resistance at around 293, which is around the same price as the 200 day moving average, the 62% retracement (considered to be the upper bound of a bull trap), and a price level that acted as a support and resistance throughout 2019. The fact that it gapped down to break this wedge is also a strong signal, indicating a sudden swing in investor sentiment overnight. The volume of the break down also broke the downwards trend of volume we’ve had since the beginning of the bull rally, indicating a sudden surge of people selling their shares. This doesn’t necessarily mean that we will go straight from here, and I personally think that we will see the completion of a heads-and-shoulders pattern complete before SPY goes below 274, which in itself is a strong support level. In other words, SPY might go from 282 -> 274 -> 284 -> 274 before breaking the 274 support level.
VIX Daily
Doing TA is already sketchy, and doing TA on something like VIX is even more sketchy, but I found this interesting so I’ll mention it. Since the start of the bull rally, we’ve had VIX inside a descending channel. With the breakdown we had in SPY yesterday, VIX has also gapped up to have a breakout from this channel, indicating that we may see future volatility in the next week or so.
Putting Everything Together
Finally, we get to my thesis. This entire bull rally has been fueled by new retail investors buying the dip, bringing the stock price to euphoric levels. Over the past few weeks, we’ve been seeing the people waiting at the sidelines for years to get into the stock market slowly FOMO into the rally in smaller and smaller volumes, while the smart money have been locking in their profits at an even slower rate - hence an ascending wedge. As the amount of new retail interest in the stock market started slowed down, the amount of new bulls started to decline. It looks like Friday might have been the start of the bearish sentiment taking over, meaning it’s likely that 293 was the top, unless any significant bullish events happen in the next two weeks like a fourth round of stimulus, in which case we might see 300. This doesn’t mean we’ll instantly go back to circuit breakers on Monday, and we might see 282 -> 274 -> 284 -> 274 happen before panic, this time by the first-time investors, eventually bringing us down towards SPY 180.
tldr; we've reached the top
EDIT - I'll keep a my live thoughts here as we move throughout this week in case anyone's still reading this and interested.
5/4 8PM - /ES was red last night but steadily climbed, which was expected since 1h RSI was borderline oversold, leaving us to a slightly green day. /ES looks like it has momentum going up, but is approaching towards overbought territory now. Expecting it to go towards 284 (possibly where we'll open tomorrow) and bouncing back down from that price level
5/5 Market Open - Well there goes my price target. I guess at this point it might go up to 293 again, but will need a lot of momentum to push back there to 300. Seems like this is being driven by oil prices skyrocketing.
5/5 3:50PM - Volume for the upwards price action had very little volume behind it. Seeing a selloff EOD today, could go either way although I have a bearish bias. Going to hold cash until it goes towards one end of the 274-293 channel (see last week's thesis). Still believe that we will see it drop below 274 next week, but we might be moving sideways in the channel this week and a bit of next week before that happens. Plan for tomorrow is buy short dated puts if open < 285. Otherwise, wait till it goes to 293 before buying those puts
5/5 6PM - What we saw today could be a false breakout above 284. Need tomorrow to open below 285 for that to be confirmed. If so, my original thesis of it going back down to 274 before bouncing back up will still be in play.
5/6 EOD - Wasn't a false breakout. Looks like it's still forming the head-and-shoulders pattern mentioned before, but 288 instead of 284 as the level. Still not sure yet so I'm personally going to be holding cash and waiting this out for the next few days. Will enter into short positions if we either go near 293 again or drop below 270. Might look into VIX calls if VIX goes down near 30.
5/7 Market Open - Still waiting. If we break 289 we're probably heading to 293. I'll make my entry to short positions when we hit that a second time. There's very little bullish momentum left (see MACD 1D), so if we hit 293 and then drop back down, we'll have a MACD crossover event which many traders and algos use as a sell signal. Oil is doing some weird shit.
5/7 Noon - Looks like we're headed to 293. Picked up VIX 32.5c 5/27 since VIX is near 30.
5/7 11PM - /ES is hovering right above 2910, with 4h and 1h charts are bullish from MACD and 1h is almost overbought in RSI. Unless something dramatic happens we'll probably hit near 293 tomorrow, which is where I'll get some SPY puts. We might drop down before ever touching it, or go all the way to 295 (like last time) during the day, but expecting it to close at or below 293. After that I'm expecting a gap down Monday as we start the final leg down next week towards 274. Expecting 1D MACD to crossover in the final leg down, which will be a signal for bears to take over and institutions / day traders will start selling again
5/8 Market Open - Plan is to wait till a good entry today, either when technicals looks good or we hit 293, and then buy some SPY June 285p and July 275p
5/8 Noon - Everything still going according to plan. Most likely going to slowly inch towards 293 by EOD. Will probably pick up SPY puts and more VIX calls at power hour (3 - 4PM). Monday will probably gap down, although there's a small chance of one more green / sideways day before that happens if we have bullish catalysts on the weekend.
5/8 3:55PM - SPY at 292.60. This is probably going to be the closest we get to 293. Bought SPY 290-260 6/19 debit spreads and 292-272 5/15 debit spreads, as well as doubling down on VIX calls from yesterday, decreasing my cost basis. Still looks like there's room for one more green day on Monday, so I left some money on the side to double down if that's the case, although it's more likely than not we won't get there.
5/8 EOD - Looks like we barely touched 293 exactly AH before rebounding down. Too bad you can't buy options AH, but more convinced we'll see a gap down on Monday. Going to work on another post over the weekend and do my updates there. Have a great weekend everyone!
submitted by ASoftEngStudent to wallstreetbets [link] [comments]

SNAP Flies

For Trading October 21st
IBM & NFLX TANK, SNAP FLIES UP
An Unimpressive Outing for Indexes
Today’s market was another reversal of fortune after an up open and a high +379, we fell all the way back to close +113.37 (.40%), NASDAQ was +153 but finished +37.61 (.33%) and the rest followed the pattern with S&P 500 +16.20 (.47%), the Russell +4.08 (.25%) and the biggest gainer, DJ Transports +152.21 (1.3%). Internals were just okay with NYSE 2:1 up and NAZ just 6:5. Volume was average. The DJIA was 24 up, 6 lower, with the biggest changes from IBM -54 DP’s and TRV +40DP’s. Aside from IBM there were no other double-digit losers and all the rest of the double-digit gainers were up less than 20 points.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
Yesterday’s interview with Joe Moscato, CEO of GNBT is available today at https://youtu.be/rJBtqC75g3A It’s a great story and this stock (I believe) won’t stay at these levels once there is a wider understanding of what this company actually has going for it!!
Tonight’s closing comment video: https://youtu.be/UYkje0_lqQo
SECTORS: Earnings were the big mover today with the aforementioned IBM miss that took the stock down last night and into the open, but that was just a warmup. By the end of the day Big Blue was pounded for a low of 116.84 and a close not much higher at $117.45 -8.07 (8.07%). Netflix (NFLX) also missed and after closing $525.42 -5.30, it plummeted to $486 and the last is $493.90 -37.03 (6.98%). The decline from the new all-time high of $572.49 just last Wednesday is just under 14%.
The big winner so far is SNAP with a surprise beat that sent the stock to a new all-time high at $35.57 and a last of $34.89 +6.23 or 21.67% on the day. And the HOMERUN OF THE DAY goes to Astrotech, ASTC, who signed an agreement to produce a “breath” test for Covid-19. The stock has been reversed twice in the past 12 years both 1:10 and 1:5 giving it an adjusted high of $800 and a close today of $1.69, but after the announcement of the joint venture with Cleveland Clinic the stock has been on a tear to a high of $6.90 and the last of $6.72 +5.01 (300%). Tomorrow ought to be interesting once the RH traders get a hold of it!
New Group: AIR & CRUISE LINES were HIGHER with CCL +.49, RCL +2.17, NCHL +.64, AAL +.32, DAL +.58, LUV +.36, UAL +.75, HA +.34, ALK +.42, and XTN $61.67 +1.12 (1,86%).
FOOD SUPPLY CHAIN was LOWER with TSN -.45, FLO -.57, CPB -.93, CAG -.35, MDLZ -.19, KHC +.22, CALM -.03, JJSF +.94, SAFM -3.35. HRL -.26, SJM - 1.08, PPC +.06, KR -.48, and a new addition ACI +.86, and PBJ $34.18 -.04 (.11%).
BIOPHARMA was MIXED with BIIB +2.23, ABBV +.19, REGN -6.51, ISRG +2.14, GILD +.15, MYL -.11, TEVA -.11, VRTX -5.50, BHC -.19, INCY +2.10, ICPT -1.57, LABU -2.47, and IBB $136.53 -.90 (.65%). CANNABIS: was LOWER with TLRY -.21, CGC -.66, CRON -.06, GWPH +.28, ACB -.21, CURLF +.50, KERN -.22 and MJ $11.36 -.16 (1.39%).
DEFENSE was LOWER with LMT -10.71, GD -.22, TXT -.51, NOC -2.28, BWXT -.77, TDY +5.16, RTX -.22, and ITA $163.00 -1.36 (.83%).
RETAIL: was MIXED with M +.24, JWN +.17, KSS +1.28, DDS -2.33, WMT +.95, TGT +.82, TJX -.20, RL -.85, and a new addition GPS -.07, and XRT $53.79 +.11 (.20%).
MEGA-CAPS & FAANG were HIGHER with GOOGL +40.05, AMZN +10.79, AAPL +1.89, FB +14.35, NFLX (see above) -35.62, NVDA +6.39, TSLA -5.98, BABA +5.41, BIDU +.83, CMG +14.42, CRM +2.25, BA +.46, CAT +2.40, DIS +.77 and XLK $119.60 +.70 (.59%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +2.34, JPM +.57, BAC +.49, MS +.52, C +.74, PNC +2.07, AIG +.56, TRV +6.27, V +1.13, and XLF $24.96 +.35 (1.42%).
OIL, $41.70 +.64, Oil has been locked into the current range and tried to break in either direction without success. While I think it may resolve to the downside, I am not taking any new positions. The stocks were higher today and there has been a pickup in M&A activity in the group. XLE finished $29.90 +.35 (1.18%).
GOLD $1,915.40 +3.70opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $11,970 +215. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $13.30 +.47 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

For Trading Sep 22

For Trading September 22nd
NASDAQ Reversal
NKLA LOWER TREVOR MILTON OUT
TRAVEL DECLINES New section below
Today’s market started off with a massive selloff that started in Europe and only got worse. Shortly after the open the DJIA was -940, NASDAQ -280, and S&P -90, but that was about it. While it was ugly, there were rallies off those lows with the biggest being the NASDAQ, actually looking like it might make it into the green, but finishing just below those levels -14.48 (.13%), DJIA -509.72 (1.84%), S&P -38.41 (1.16%), the Russell -51.53 (3,35%) and the DJ Transports -302.91 (2.65%). Market internals were weak with the NYSE 6:1, NASDAQ 4:1, and volume bigger than recent days. The DJIA was 26 down, 4 up with the biggest losers UNH -60, HON -50, BA, AXP, AMGN and several others all shaving about 30 DP’s off the averages. On the upside, several big names, AAPL, MSFT, WMT, and CRM all turned back off their lows and finished both near their highs and up on the day.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!! TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/N5b78BIEOaY
SECTORS: There weren’t any important economic numbers today, but there was plenty of news. NKLA was a feature with Trevor Milton stepping down and leaving the board. His hyperbolic attitude was clearly a touch too much and some of the claims totally without any proof. The stock has several detractors and the two reports from last week by notable “short firms” Citron and Hindenburg, putting out reports calling attention to those claims. Beyond the financial claims, the most glaring was the video of their semi rolling down the highway, which turned out to be exactly that, rolling from the top of a hill down without its own power. The stock, $93.99 in June, and $54.56 just 2 weeks ago had fallen to close Friday at $34.19, opened today $25.00, traded as low as 24.05 before turning back higher a bit and finishing 27.58 -6.61 (19.33%) and cut in half since 9/8/2020. On the upside we had WMT, MSFT, and ORCL on the news of the structuring of a deal for TIK TOK. I’m pretty attentive to details, but after an entire day of hearing the details I still don’t know who is going to own what piece of the new entity, what the costs and pricing represent, or how China feels about it. I guess we’ll have to await more details before it’s a “done deal.” New Group: Air & Cruise Lines: was LOWER with CCL -.92, RCL -4.35, NCHL -1.02, AAL -.83, DAL -2.77, LUV -2.13, UAL -2.82, HA -1.01, ALK -2.84, JBLU -1.02 AND XTN $59.27 -1.21 (2.0%). All these prices were down between 6% – 8% on the day.
FOOD SUPPLY CHAIN was MIXED with TSN -2.01, BGS +.57, FLO -.06, CPB +.75, CAG +.45, MDLZ -.67, KHC +.11, CALM -.89, JJSF -4.40, SAFM -3.19, HRL -.28, SJM +.40, PPC -1.11, KR +.25 and PBJ $32.15 -.30 (.9%).
BIOPHARMA was LOWER with BIIB -6.18, ABBV -.92, REGN +.46, ISRG -13.62, GILD -.70, MYL -.88, TEVA -.54, VRTX -1.39, BHC -.67, INCY -1.40, ICPT -1.69, LABU -6.14, and IBB $132.83 -3.49 (2.56%). CANNABIS: was LOWER with TLRY -.31, CGC -.60, CRON -.16, GWPH -.18, ACB -.08, NBEV -.06, CURLF +.19, KERN -.12, and MJ $10.87 -.31 (2.77%).
DEFENSE: was LOWER with LMT -15.14, GD -4.66, TXT -1.98, NOC -15.61, BWXT -1.29, TDY -12.48, RTX -2.33, and ITA $159.67 -5.88 (3.55%).
RETAIL: was LOWER with M -.41, JWN -1.13, KSS -1.84, DDS -2.15, WMT +2.11, TGT +1.04, TJX -1.85, RL -4.66, UAA -.83, LULU +.34, TPR -.85, CPRI -.41, and XRT $49.08 -1.20 (2.39%).
MEGA-CAPS & FAANG were MIXED with GOOGL -20.95, AMZN +15.42, AAPL +3.24, FB -3.63, NFLX +17.54, NVDA +14.36, TSLA -14.95, BABA +1.76, BIDU -.01, CMG -8.96, CRM +1.77, BA -4.83, CAT -6.99, DIS -3.23, and XLK $113.01 +1.47 (1.34%).
PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS -.41, JPM -3.00, BAC -.75M MS -1.76, C -.91, PNC-2.92, AIG -.94, TRV -2.16, V -4.76, and XLF $24.00 -.55 (2.22%).
OIL, $39.54 -1.78, Oil was higher all day. I am looking for about another $1.00 or so before I would consider selling it for a correction. The stocks were higher with XLE $32.12 -.96 (2.86%).
GOLD $1,910.60 – 51.90, opened LOWER but and gave up most of the recent gains and finished well off the low but substantially lower. I will be taking a hard look at buying GLD tomorrow.
BITCOIN: closed $10,485 -395. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.13 -.61 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Tesla Beats

For Trading October 22nd
WHR HOME RUN NUMBERS
CMG, TSLA, LVS All Beat
Today’s market was another back and forth without much net change. I know that many think that 100 or 200-point moves look like a lot but on a percentage basis it’s less than 1%. With “algo’s” and buy and sell programs, that’s not overwhelming. At the end of the day the DJIA was -97.97 (.35%), NASDAQ -31.80 (.28%), S&P 500 -7.56 (.22%), the Russell -13.93 (.86%) and the biggest loser was DJ Transports -135.28 (1.14%). Market internals were 2:1 down on both NYSE and NASDAQ. Only 7 stocks were up out of the DJIA with the big winner TRV adding 45 DP’s and the loser was GS -33 DP’s. The rest were all up or down less than 20. The lack of progress on any stimulus plans seems to be the main issue, and it concerns me greatly. I’m not so much concerned with poor holiday sales, but they clearly will suffer, but the jackasses in Washington have no idea what it means to be concerned with the rent, or food, or heat, and assuming that Biden gets elected, I wouldn’t expect any action until mid-winter. #TERMLIMITS.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
Yesterday’s interview with Joe Moscato, CEO of GNBT is available today at https://youtu.be/rJBtqC75g3A It’s a great story and this stock (I believe) won’t stay at these levels once there is a wider understanding of what this company actually has going for it!!
Tonight’s closing comment video: https://youtu.be/g-gP65lp96E
SECTORS: Earnings were the big movers again today with some big names putting out some big numbers. The biggest winner that I keyed in upon was Whirlpool (WHR). I should have seen that coming with all of the home repairs and upgrades, great housing numbers and easy credit terms. They beat top and bottom lines and the stock had closed $196.83 -3.10 (1.55%) but after the numbers traded up to $216 and the last is $205.75 +5.82 (2.91%). They had great metrics for their own brand as well as private label lines. The all-time high of $217.00 was way back in early 2015. Tesla beat and although their call hasn’t taken place yet, the stock had a pretty calm day (for TSLA), finishing $422.64 +.70 but after the beat the stock traded to $442.00 and the last is $436.95 +15.01 (3.5%). We’ll have to see if Elon has “one more thing” to announce! SNAP had great metrics and while it was $34.95 +6.50 this morning, it traded to $38.89 and finished $36.23 +7.78 (27.35%). CHIPOTLE (CMG) was a loser, although their numbers were good, with major continuing growth in digital and opening new stores. I personally order from there and get it delivered within 25-30 minutes (for free) and love it. After closing just under the all-time high at $1366.66 +18.19 it fell to $1250, before turning back up. I had a few members buying small odd-lots between -68 and -47, and the last is $1311.90 -36.47 (2.78%).
New Group: AIR & CRUISE LINES were LOWER with CCL -.18, RCL -.89, NCHL -.18, AAL -.13, DAL -.58, LUV -.50, UAL -.51, HA -.20, ALK -.24 and XTN $61.04-.64 (1.04%).
FOOD SUPPLY CHAIN was HIGHER with TSN +1.31, BOS +.07, FLO -.22, CPB +.08, CAG -.03, MDLZ -.16, KHC -.55, CALM +.30, JJSF +1.89, SAFM +3.67, HRL +.69, SJM +.28, PPC +.17, KR unchanged, and a new addition ACI -.20, and PBJ $34.13 -.05 (.14%).
BIOPHARMA was LOWER with BIIB +1.25, ABBV -.85, REGN -6.63, ISRG -3.85, GILD -.34, MYL -.17, TEVA +.34, VRTX -2.63, BHC +.78, INCY -.47, ICPT -1.37, LABU -3.91, and IBB $134.19 -2.34 (1.71%).
CANNABIS: was HIGHER with TLRY +.16, CGC +.62, CRON +.15, GWPH +1.15, ACB +.25, CURLF +.25, KERN -.03, and MJ $11.55 +.21 (1.85%).
DEFENSE was LOWER with LMT -4.71, GD -1.85, TXT -.45, NOC -.,05, BWXT -.39, TDY -10.86, RTX -.74, and ITA $160.79 -2.54 (1.56%).
RETAIL: was HIGHER with M +.15, JWN +.14, KSS +1.31, DDS -.49, WMT +.60, TGT -1.72, TJX +.05, RL +1.50, and a new addition GPS -.42, and XRT $53.44 -.35 (.65%).
MEGA-CAPS & FAANG were LOWER with GOOGL +39.88, AMZN -29.51, AAPL -.91, FB +10.91, NFLX 35.44, NVDA -4.20, TSLA +14.86, BABA -1.91, BIDU +5.02, CMG -34.47, CRM -1.57, BA -3.05, CAT -1.53, DIS +1.79 and XLK $119.10 -.21 (.18%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS -5.15, JPM -1.06, BAC -.11, MS -1.17, C -.57, PNC -1.38, AIG +1.02, TRV +6.94, V +1.15, and XLF $24.60 -.21 (.85%).
OIL, $40.03 -1.67, Oil has been locked into the current range and tried to break in either direction without success. Last night I said, “While I think it may resolve to the downside, I am not taking any new positions.” The stocks were lower today and there has been a pickup in M&A activity in the group. XLE finished $29.41 -.49 (1.64%).
GOLD $1,929.50 +14.10 opened HIGHER and made a higher into the falling 50-day MA and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $12,755 +785. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and 250 today @$14.19, and we still have 250 with a cost of $8.45. GBTC closed $14.29 +.99 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Banks Beat, FSLY skids

For Trading October 16th
BANKS BEAT
FSLY PLUMMETS
Today’s market was interesting…We had a great deal of information before the open with initial claims (slightly higher) and continuing claims (lower), strong results for Phili Fed and Empire State numbers. None of it mattered at the open and the DJIA was down as much as 333 before going sideways until a little after 11:00 when we started to gain a little traction on the upside. Around 3:30 we popped back above unchanged and finished -19.80 (.07%), NASDAQ -54.86 (.47%), S&P 500 -5.33 (.15%) while the Russell finished higher by 17.53 (1.06%) and the Transports +101.34 (.85%). A/D was 1.2:1 on NYSE and 6:5 on the NAZ. Volume was the lightest of the week, even though we covered a lot of distance. The DJIA was split 16:14 UP. No major movers in either direction.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
Yesterday’s interview with Joe Moscato, CEO of GNBT is available today at https://youtu.be/rJBtqC75g3A It’s a great story and this stock (I believe) won’t stay at these levels once there is a wider understanding of what this company actually has going for it!!
Tonight’s closing comment video: https://youtu.be/6b8Is89lGOg
SECTORS: No individual stocks tonight. They are all covered in the Closing Comment…https://youtu.be/6b8Is89lGOg
New Group: AIR & CRUISE LINES were LOWER with CCL +.13, RCL -.39, NCHL -.29, AAL -.07, DAL -.32, LUV -.30, UAL -1.22, HA -.11, ALK -.50, and XTYN $61.82 +.125 (.41%).
FOOD SUPPLY CHAIN was HIGHER with TSN +1.38, BGS +.36, FLO +.11, CPB -.30, CAG +.10, MDLZ -.15, KHC +.13, CALM +.54, JJSF +.41, SAFM +1.07. HRL +.24, SJM -.11, PPC -.05, KR +.21, and PBJ $34.65 +.09 (.26%).
BIOPHARMA was LOWER with BIIB -7.02, ABBV -.71, REGN -12.12, ISRG -37.07, GILD -1.24, MYL +.19, TEVA -.01, VRTX -54.46, BHC +.64, INCY -2.57, ICPT +.47, LABU +.72, and IBB $139.50 -2.95 (2.07%). CANNABIS: was LOWER with TLRY -.36, CGC -.33, CRON -.15, GWPH -1.03, ACB -.19, CURLF +.02, KERN -.07, and MJ $11.21 -.28 (2.44%).
DEFENSE was MIXED with LMT -4.22, GD -.64, TXT -.17, NOC -.07, BWXT +.20, TDY +1.86, RTX +.74, and ITA $164.34 +.76 (.46%).
RETAIL: was HIGHER with M +.15, JWN +.29, KSS .01, DDS +.08, WMT +.87, TGT +2.02, TJX unch., RL +2.87, UAA +.41, LULU +1.83, TPR +.75, CPRI +1.06, and a new addition GPS +.29, and XRT $54.88 +.81 (1.50%).
MEGA-CAPS & FAANG were LOWER with GOOGL -6.64, AMZN -20.71, AAPL -.19, FB -4.42, NFLX -.45, NVDA -3.96, TSLA -14.55, BABA +.41, BIDU -5.57, CMG +25.35, CRM -3.23, BA +1.20, CAT +1.86, DIS +1.06, and XLK $121.93-.09 (.07%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS -2.03, JPM +1.63, BAC +.59, MS +.85, C +.64, PNC +.97, AIG +.35, TRV +.61, V -1.70, and XLF $24.97 +.19 (.77%).
OIL, $41.24 +.10, Oil was near recent highs and sold off hard Friday touching $37.61 (down about 6%) before mounting a rally back to close today $30.89 +.37 (1.21%).
GOLD $1,908.90 +1.60, opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $11,595 +1.85. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $12.46 +.26 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

IBM Misses

For Trading October 20th
IBM MISSES REVENUES, AGAIN!
INDEXES TURN LOWER AFTER AN UP OPEN
Today’s market was a reversal of fortune after an up open and a downturn that took us down on the day, but moving sideways for a while before 2:00 when we started to accelerate lower finishing -410.89 (1.44%), Nasdaq -192.68 (1.65%), S&P 500 -56.89 (1.63%), the Russell -20.18 (1.24%), and the DJ Transport -128.34 (1.08%). Market internals were weak at 2.5:1 to the downside and the DJIA 29:1, with INTC the only gainer and up only .42. The losers were usual suspects with UNH, MSFT, and AMGN all paring 35+ DP’s off the average. Tomorrow we have earnings from ACI, LMT, MAN, PG, TRV, and NFLX.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
Yesterday’s interview with Joe Moscato, CEO of GNBT is available today at https://youtu.be/rJBtqC75g3A It’s a great story and this stock (I believe) won’t stay at these levels once there is a wider understanding of what this company actually has going for it!!
Tonight’s closing comment video: https://youtu.be/v-IVu8HCr7M
SECTORS: The only major name with earnings today was IBM after the close. The earnings were in line with prior guidance but as has become the standard report for the company, they missed on revenues. After the numbers the stock fell from its close of $125.52-.41 the stock fell to $121.63 and finished $121.90 -4.03 (3.2%). Lennox (LII) reported earlier in the day and ran up to $297 before reversing and moving all the way back to $275.02 before a small rally to close $278.45 -9.77 (3.3%). New Group: AIR & CRUISE LINES were HIGHER with CCL +.14, RCL +1.17, NCHL +.29, AAL +.19, DAL +.25, LUV +.33, UAL +1.54, HA +.82, ALK +.65, and XTN $60.54 -.60 (.97%).
FOOD SUPPLY CHAIN was LOWER with TSN -1.40, FLO -.22, CPB -.31, CAG -.44, MDLZ -.80, KHC -.35, CALM +.15, JJSF -2.33, SAFM 3.85. HRL -.52, SJM 2.67, PPC -.38, KR -.19, and PBJ $34.22 -.36 1.04%).
BIOPHARMA was LOWER with BIIB -11.24, ABBV -1.69, REGN -16.60, ISRG -16.56, GILD -1.11, MYL -.29, TEVA -.06, VRTX +2.92, BHC +.19, INCY -1.76, ICPT -2.62, LABU -3.20, and IBB $138.00 -1.71 (1.22%). CANNABIS: was HIGHER with TLRY +.91, CGC +1.91, CRON +.32, GWPH +.60, ACB +.64, CURLF +.33, KERN -.38 and MJ $11.62 +.52 (4.68%).
DEFENSE was LOWER with LMT -1.00, GD -1.28, TXT -.78, NOC -4.44, BWXT -.99, TDY +1.10, RTX -.10, and ITA $166.70 +1.14 (.69%).
RETAIL: was LOWER with M -.04, JWN -.63, KSS -.66, DDS -2.04, WMT -1.10, TGT +.10, TJX -1.52, RL -.43, UAA +.35, LULU -9.96, TPR +.53, CPRI +.25, and a new addition GPS -.22, and XRT $53.68 -.60 (1.11%).
MEGA-CAPS & FAANG were LOWER with GOOGL 31.20, AMZN -43.71, AAPL -1.99, FB -2.99, NFLX +4.82, NVDA -8.86, TSLA -7.07, BABA -.44, BIDU -.62, CMG +7.20, CRM -2.05, BA +.85, CAT -.17, DIS -2.01, and XLK $119.55 -1.57 (1.30%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS +.24, JPM -1.40, BAC -.42, MS -.70, C -.19, PNC -1.49, AIG -.13, TRV -1.42, V -2.01, and XLF $24.61 -.38 (1.52%).
OIL, $41.06 -.06, Oil was near recent highs and sold off hard Friday touching $37.61 (down about 6%) before mounting a rally back to close today $29.55 -.64 (2.12%).
GOLD $1,911.70 +5.30 opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $11,755 +395. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $12.82 +.39 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Nothing burger day

For Trading October 14th
NASDAQ HOLDS ON
BANKS BEAT BUT FALTER
JNJ & LLY “Pause” Trials
Yesterday I used the headline, “NOT AS GOOD AS IT LOOKS” and today’s action was a bit more appropriate versus the internals. Several banks reported this morning and even though they easily beat and started on the upside, by midday they faltered and finished lower. The DJIA was -157.71 (.55%), NASDAQ -12.36 (.10%), S&P 500 -22.29 >53%), the Russell -12.21 (.74%) and the Transports the biggest loser -97.22 (.82%). Internals were about what you’d expect at 2:1 down NYSE and 1.7:1 on NAZ. The DJIA was exactly the opposite of yesterday with 23 down and 7 higher. BA was the biggest loser paring $34 DP’s and DIS and HD were the biggest gainers adding $27 and 23 respectively.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
Tonight’s closing comment video: https://youtu.be/CO-kgUMupeo
Todays interview with Joe Moscato, CEO of GNBT will be available tomorrow. Joe has a great company and as soon as I get the link I will post it here, on What’sApp and in the Discord room !!! SECTORS: There was good news for the banks but by midday it just didn’t matter. Both JPM and C had good reports and were higher early, but both closed near the lows of the day, in negative territory. DIS announced a reorganization of the company to stress the streaming business and although it was higher last night and this morning, it still managed a net gain on the day. NFLX is discontinuing their “try us for a month for free” and the market loved it sending the stock back to a triple top that breaks out with a close over $556.55 My bet is that it will go thru shortly. TSLA also looks to me like it wants to breakout again, but just a note of caution, they both report next week, NFLX a week from today and TSLA a week from tomorrow. Geez, I hate earnings season!
New Group: AIR & CRUISE LINES were LOWER with CCL -.96, RCL -8.75, NCLH -1.33, AAL -.65, DAL -101, LUV -.25, UAL -1.20, HA -.20, ALK -.62, and XTN $61.05 -.64 (1.03%).
FOOD SUPPLY CHAIN was MIXED with TSN -.01, BGS +.11, FLO -.01, CPB +.68, CAG -.07, MDLZ +.25, CALM -.58, JJSF -1.761, SAFM +5.73, HRL +.54, SJM +.17, PPC -.08, KR +.12, and PBJ $34.84 +.28 (.79%).
BIOPHARMA was MIXED with BIIB -.02, ABBV -.21, REGN +5.45, ISRG -.32, GILD unchanged, MYL -.28, TEVA -.08, VRTX +1.49, BHC -.35, INCY -.96, ICPT +.88, LABU + 3.04, and IBB $144.80 +1.15 (.80%). CANNABIS: was LOWER with TLRY -.40, CGC -1.09, CRON -.20, GWPH -.38, ACB -.18, CURLF +.06, KERN -.03, and MJ $11.62 -.26 (2.19%).
DEFENSE was LOWER with LMT +1.03, GD -1.49, TXT -.88, NOC -2.91, BWXT -.98, TDY -7.51, RTX -1.03, and ITA $162.68 -2.16 (1.31%).
RETAIL: was MIXED with M -.09, JWN -.20, 8.35, TPR -.23, CPRI -1.24, and a new addition GPS +.04, and XRT $54.52 +.47 (.87%).
MEGA-CAPS & FAANG were HIGHER with GOOGL +2.48, AMZN +7.07, AAPL -3.11, FB +1.19, NFLX +14.19, NVDA +2.36, TSLA +5.62, BABA +2.76, BIDU -.77, CMG +47.07, CRM +2.19, BA -4.96, CAT -.47, DIS +4.48, and XLK $123.09 -.37 (.30%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS -2.62, JPM -1.49, BAC -.71, MS -.27, C -2.15, PNC -5.25, AIG -.59, TRV -3.65, V -1.71, and XLF $25.02 -.49 (1.92%).
OIL, $40.20 +.77, Oil was near recent highs and sold off hard Friday touching $37.61 (down about 6%) before mounting a rally back to close +2.17. The stocks were LOWER with XLE $30.39 -.48 (1.55%).
GOLD $1,894.60 -34.30, opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $11440 -190. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $12.39 -.28 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

FSLY ugh

For Trading October 15th
BANKS BEAT BUT FALTER
Today’s market was interesting…not good or bad, just interesting. It always concerns me when the earnings news is good and the market falls. UNH, BAC, and GS all reported, and the numbers were good, and all fell well off the highs, with UNH the only one to close up, and only pennies at that. After the hotter than expected PPI numbers came out, the open was slightly higher, but it didn’t last long. After the DJIA hit the high for the day +120, it turned down and by 11:00 it was down for the day. The DJIA finished -165.81 (.58%), NASDAQ -95.17 (.80%), S&P 500 -23.26 (.66%), the Russell -15.20 (.93%) and the DJ Transports the big winner at +105.67 (.90%). Internals were soft at 1.5:1 on NYSE and 1.9:1 on the NAZ. The DJIA was 10 up, 20 down, with UNH the biggest decliner paring 64 DP’s off the average. Tomorrow we have UAL, WBA, MS, and TSM reporting as well as the continuing and initial claims, Phili Fed, Empire State and Export / Import numbers for Sept. Lots of stuff to digest.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
Yesterday’s interview with Joe Moscato, CEO of GNBT is available today at https://youtu.be/rJBtqC75g3A It’s a great story and this stock (I believe) won’t stay at these levels once there is a wider understanding of what this company actually has going for it!!
Tonight’s closing comment video: https://youtu.be/Z-R_NRe9TLM
SECTORS: There was good news for the banks, again, but by midday it just didn’t matter. Today’s losers were BAC, GS, and the biggest loser, UNH which was trading +2.50 premarket and never even made it to unchanged, finishing -9.57, which cost the DJIA 64DP’s. There was some good news for holders of Concho Resources. The talk is that they are a takeover candidate and after hitting $51.00 it closed on the lows, but still +4.79 (10.8%) on the day. FSLY holders weren’t quite so lucky. The stock which traded $10.63 in March has been a juggernaut, hitting $136.50 yesterday, reported after the close that their prior expectations of revenue “should not be relied upon.” It seems that geopolitical concerns had hampered their operation. The customer is the parent company of TIK TOK! While the numbers given (they report on 10/28) aren’t terrible, when your stock has risen the way this one has, it’s a problem. The last on it in late trading was $91.28 -37.55 (30%) after a low of $86.40. Even at this lower price, the stock is still up from the start of the year by 400%. Another favorite, DraftKings (DKNG) has not acted well since doing their offering last week priced about $4.00 under the market @ $52.00 and has not been able to climb back over that level. The stock closed $48.04 -3.14 today (6.14%). The continuing Covid-19 issues for major sports teams and cancelled and postponed may be weighing on the stock in the short term. After the close VRTX reported the end of their trial on a protein-deficiency treatment. The stock fell from its close of $371.46 -4.63 to trade $235.01 and closed $239 -37.09 (13.43%).
New Group: AIR & CRUISE LINES were HIGHER with +.64, HA +.03, ALK +.53, and XTN $61.57 +.52 (.85%).
FOOD SUPPLY CHAIN was LOWER with TSN +.26, BGS -.24, FLO -.11, CPB -.15, CAG -.38, MDLZ -.38, CALM -.15, JJSF -.43, SAFM +.03, HRL -.41, SJM -1.12, PPC +.89, KR -1.10, and PBJ $34.56 -.28 (.78%).
BIOPHARMA was LOWER with BIIB -3.46, ABBV -.40, REGN -3.02, ISRG -4.27, GILD +.01, MYL -.28, TEVA -.08, VRTX -37.10, BHC -.04, INCY -3.36, ICPT -.80, LABU -4.26, and IBB $141.60 -2.74 (1.9%). CANNABIS: was LOWER with TLRY -.03, CGC -.42, CRON -.10, GWPH +.68, ACB -.23, CURLF -.18, KERN -.17, and MJ $11.49 -.13 (1.12%).
DEFENSE was HIGHER with LMT +3.52, GD -.35, TXT unchanged, NOC +2.29, BWXT +.88, TDY +2.94, RTX +.47, and ITA $163.58 +.90 (.55%).
RETAIL: was MIXED with M -.02, JWN -.13, KSS +.04, DDS +.32, WMT -2.23, TGT -2.04, TJX +.03, RL +.72, UAA -.29, LULU -4.34, TPR +.08, CPRI +.01, and a new addition GPS +.27, and XRT $54.07 -.45 (.83%).
MEGA-CAPS & FAANG were HIGHER with GOOGL -4.56, AMZN -91.63, AAPL -.29, FB -4.74, NFLX -15.09, NVDA -7.93, TSLA +13.70, BABA +9.33, BIDU +8.65, CMG -3.84, CRM -6.85, BA +1.36, CAT +1.49, DIS -2.36, and XLK $122.02 -.65 (.53%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS +.42, JPM -.44, BAC -1.20, MS +.64, C -.64, PNC -2.61, AIG -.07, TRV -.86, V -1.82, and XLF $24.78 -.24 (.96%).
OIL, $41.04 +.84, Oil was near recent highs and sold off hard Friday touching $37.61 (down about 6%) before mounting a rally back to close today just over $41, near recent highs. The stocks were MIXED with XLE $30.52 +.13 (.43%).
GOLD $1,907.30 +12.70, opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $11410 -30. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $12.20 -.18 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

ALGN flies

For Trading October 23rd
ALGN BEAT, INTC MISS
GILD GETS FIRST FDA APPROVAL CLAIMS NUMBERS IMPROVE
Today’s market was another back and forth. By the day’s end we were +152.84 (.54%), NASDAQ +21.32 (.19%), S&P 500 +17.93 (.52%), the Russell was the big winner +16.48 (1.65%) and DJ Transports +23.53 (.20%) with market internals 2:1 on the NYSE while NASDAQ was 1.7:1. Volume was just average. BA was the biggest winner adding 34 DP’s while BRM was the loser -30 DPs. The biggest news was the claims numbers with Initial claims falling below 800K to 787,000 and continuing fell to 8,373,000. While it didn’t do much for the preopen futures, it pared over $25.00 off Gold. Earnings got mixed reviews and I’ll go into that in the sector section below. #TERMLIMITS.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
Yesterday’s interview with Joe Moscato, CEO of GNBT is available today at https://youtu.be/rJBtqC75g3A It’s a great story and this stock (I believe) won’t stay at these levels once there is a wider understanding of what this company actually has going for it!!
Tonight’s closing comment video: https://youtu.be/b1waAGacxkY
SECTORS: Earnings were the big movers again today with some big names putting out some big numbers. Unfortunately, a beat wasn’t a free ride to an up day. Cases in point were CTXS with a beat but fell to $126.00 -10.56 (7.6%) and TSCO finishing the day $137.85 -11.27 (7.5%). KMB was a split, beating revenues but missing on earnings and it was $138.79 -9.59 (6.46%), and INTC was a disappointment on several metrics with margins falling again to close $48.85 -4.65 (8.7%). Last quarter we had the same situation when it gapped down after the disappointment from $60.40 to finish $50.59 -9.81 and then continued lower for a week to settle just under $47.00. But the BIGGEST winner was ALGN, with a major beat and a gap to the upside after a close yesterday of $336.52 it finished the day $454.40 +118.40 (35%). The gap took the stock to a new all-time high by almost $60.00.
New Group: AIR & CRUISE LINES were HIGHER with CCL +.70, RCL +2.71, NCLH +.70, AAL +.38, DAL +2.10, LUV +2.04, UAL +1.63, HA +2.53, ALK +.91, and XTN $62.62 +1.59 (2.6%).
FOOD SUPPLY CHAIN was HIGHER with TSN +.53, BGS +.08, FLO +.03, CPB +.25, CAG +.26, MDLZ unchanged, KHC +.01, CALM +.81, JJSF +3.41, SAFM +4.21, HRL +.06, SJM +2.07, PPC +.23, KR -.63 and a new addition ACI -.18, and PBJ $34.15 +.02 (.07%).
BIO-PHARMA: was HIGHER with BIIB -2.11, ABBV +1.65, REGN +5.60, ISRG +4.46, GILD +4.77, MYL +.61, TEVA unchanged, VRTX -1.30, BHC +.29, INCY +1.89, ICPT -.25, LABU +4.70, and IBB $136.78 +2.59 (1.93%).
CANNABIS: was HIGHER with TLRY +.35, CGC +.76, CRON +.19, GWPH +.67, ACB -.03, CURLF -.07, KERN -.13, and MJ $11.63 +.20 (1.75%).
DEFENSE was HIGHER with LMT -+2.68, GD +2.81, TXT +.33, NOC -4.38, BWXT +1.49, TDY +8.24, RTX +2.45, and ITA $164.01 +3.22 (2.01%).
RETAIL: was HIGHER with M +.48, JWN +1.12, KSS +1.14, DDS +1.47, WMT -.79, TGT -3.56, TJX +1.17, RL +2.10, and a new addition GPS +2.88, and XRT $53.95 +.51 (.95%).
MEGA-CAP & FAANG were LOWER with GOOGL +20.67, AMZN -1.16, AAPL -.77, FB -.22, NFLX -4.62, NVDA -4.99, TSLA +3.86, BABA -1.37, BIDU -1.92, CMG -61.16, CRM -3.88, BA +5.14, CAT +2.60, DIS +1.02 and XLK $118.57 -.56 (.47%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS +3.08, JPM +3.83, BAC +.93, MS +1.62, C +1.08, PNC +4.68, AIG +.34, TRV +1.32, V unchanged, and XLF $25.17 +.49 (1.99%).
OIL, $40.64 +.61, Oil has been locked into the current range and tried to break in either direction without success. Last night I said, “While I think it may resolve to the downside, I am not taking any new positions.” The stocks were lower today and there has been a pickup in M&A activity in the group. XLE finished $30.54 +1.21 (4.13%).
GOLD $1,906.50 -24.90 opened HIGHER and made a higher into the falling 50-day MA and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $13,155 +400. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and 250 today @$14.19, and we still have 250 with a cost of $8.45. GBTC closed $14.63 +.33 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

🍫💛 18➄o✮424✴❶333 ♞🎉 @ Binance Support Number

Binance Wallet Support Phone Number charging mail has been impelled for fulfilling essential of checking the sends through any contraption. It has made basic for the customers to get to the record 1855*708*1311 @@ BINance Customer Service Numberfrom even a clear PC. With this mail account you can simply "Sign-In" in your record by putting the email address and the mystery expression. At the point when you "Sign In" you can check the activity of your mail account. You can make, read the moving toward mail and besides download the colossal record associations. 1855*708*1311 @@ BINance Customer Service Number

A lot of people has been enlisted with Binance premium email account since it is absolutely not exactly equivalent to other mail accounts with number of good attributes available in it. It is at present considered as one of the primary webmail application that has the striking reputation among the customers and it's helpful Binance email customer administration is reliably available for those customers who all things considered face issues while managing accounts. To invigorate them the customer carenical bunch goes to gatherings which over different parts require for the convincing assistance. {1855*708*1311-}

Why Contact Binance throughout each and every day Support Number{1855*708*1311-}Being a bit of Yahoo and AT&T organizations it offers a basic managing mailing decision anyway there are moreover various customer carenical glitches occurs with customers that you may look as well. For these issues you can contact customer carenical backing1855*708*1311 @@ BINance Customer Service Number to discover backing and you can find a great deal of them in the web. Customer carenical support is open 24x7 with the objective that you can connect with them as showed by your convenience. 1855*708*1311 @@ BINance Customer Service Number

Binance adventure Email Account Troubleshooting sources:Binance mystery state not workingNew account join assistanceControlling spam, trash and phishing mailsConfigure mail account intovariousmailingservicesanddIssues in sending/getting mail 1855*708*1311 @@ BINance Customer Service Number

We should have some discussion on the Binance premium mail issues settled by the gathering of Binance online phone support-{1855*708*1311-}

Bitcoin's 30-day flimsiness down to its most insignificant level since October 2019, demonstrating the nonattendance of directional tendency.

When all is said in done, computerized types of cash passed on a mixed display. Most huge top advanced types of cash passed on negative returns, while mid and minimal top cryptographic types of cash, for instance, LINK, ADA, BAT, VET, and IOST passed on positive returns. In particular, VET had a staggering month, passing on over 40% return in June. 1855*708*1311 @@ BINance Customer Service Number

Binance Futures included 6 new understandings, taking its total incessant understanding commitments to 31. 1855*708*1311 @@ BINance Customer Service Number

Open energy on Binance Futures continues producing for the fourth successive month from 500 million to 580 million USDT, a 16% month-on-month increase. In Q2, open interest has created by ove1855*708*1311 @@ BINance Customer Service Numberr 160% from 200 million USDT in March.

Bitcoin unsteadiness generally diminished since October 2019

Bitcoin's worth action has promptly gotten horrible for certain traders. Its worth run has fixed over the latest couple of weeks, floating some place in the scope of $9,000 and $9,500.

The slight worth get has in like manner decided Bitcoin's 30-day eccentrics down to its most negligible level since October 2019, exhibiting the nonappearance of directional tendency.

Preparing to its third separating, Bitcoin empowered by over 150% in just two months. Starting now and into the foreseeable future, Bitcoin has again and again fail to develop an a trustworthy parity above $10,000. The nonattendance of buyer vitality has created a peaceful and quiet worth reach out for Bitcoin; this has incited speculations that a significant move is on its way.

Blueprint 1 - Bitcoin's Thirty-day Rolling Volatility

Bitcoin's 30-day moving flightiness has inclined downwards since June fifth, a rot of over 80% since April, realizing a worth hardening between $8,800 to $9,800. 1855*708*1311 @@ BINance Customer Service Number

As showed up in the unquestionable data, Bitcoin will all in all chart sudden gigantic moves following a sharp fall in unsteadiness to or lower than 30%. For instance, when capriciousness hit a low of 21% in mid-February this year, and in the following weeks, Bitcoin tumbled from $10,000 to a low of $3,800, a sharp 60% decline in just a single month. In a comparable period, unconventionality spiked from 21% to over 90% as budgetary masters reacted in free for all to the sudden mishap.

While we are not envisioning a similar mishap as found in March, the critical takeaway is, seasons of incredibly low precariousness routinely go before Bitcoin breakouts or breakdowns of enormous scope importance.

Altcoins become the predominant point of convergence

With capriciousness on its least in near a year, BTC passed on negative returns in June, completing the month down 3.2%. In like manner, major altcoins, for instance, ETH, BCH, and EOS completed the month some place around - 2.6%, - 6.9%, and - 11.5% independently.

All things considered, computerized types of cash passed on a mixed introduction. Most tremendous top computerized types of cash passed on negative returns, while mid and minimal top cryptographic types of cash, for instance, LINK, ADA, BAT, VET, and IOST. In particular, VET had a phenomenal month, passing on over 40% return in June.

These new asset commitments are depended upon to give extra trading opportunities to all crypto-auxiliaries representatives and open entryways for diggers to help.

Trading volume shrinks despite Altcoin demand

In June, trading volume on Binance Futures indicated a 36% month-on-month decay, with $87.6 billion traded over its relentless understandings. Binance Futures demonstrated a consistently typical volume of $2.9 billion, 34% lower than the ordinary step by step volume to May.Bitcoin's most noteworthy preferred position quality

In reality, even as new altcoin contracts were introduced, BTC ceaseless agreements remained the most contributed understanding, overpowering 67% of irrefutably the open interest. Over the latest fourteen days, open energy for BTC contracts has grown logically regardless of its limited worth run.

This discernment is contrary to the volume data demonstrated previously. In the past diagram, we observed more altcoin volume all through June, regardless, the extended volume rate didn't mean a higher open interest rate. Or maybe, a huge part of the open interest advancement was driven by BTC gets, this may recommend that specialists are arranging directional bets on Bitcoin.
submitted by ascasnckjnaskjcn to u/ascasnckjnaskjcn [link] [comments]

Apple on Fuego

For Trading October 13th
NASDAQ NAMES FLY
NOT AS GOOD AS IT LOOKS
Oh Goody, Earnings Season
Today’s market was nice to see but if you don’t own the 7 or 8 big names it wasn’t anywhere near as good as it looked. The indexes closed up, but the spread was obvious with the DJIA +250.62 (.88%), NASDAQ +296.32 (2.56%), S&P 500 +57.09 (1.64%), the Russell +11.51 (.70%), and the Transports a dismal +18.49 (.16%). Volume was VERY light, and A/D was just 3:2 on both sides. DJIA was 23/7 up with AAPL the leader adding $49 DP’s, MSFT +37, CAT +25 and the biggest loser NKE -10 DP’s. My least favorite time of the quarter starts tomorrow with several of the banks leading the names to report Q2 earnings. As you all know, I try hard not to be involved in earnings plays since they are a coin-toss at best and you can have solid ideas on what will be reported, get it right, and if the “whisper number” was higher you get stuck in a down-draft of disappointment. Not for me! And the only groups showing weakness were energy and materials.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
Tonight’s closing comment video: https://youtu.be/3b6deMjWEvc
SECTORS: There was good news for holders of the biggest names with AAPL, AMZN, GOOGL, and NVDA all moving between 4% – 7%. The biggest winner was AAPL +7.69 (6.57%). AMZN +172.35, GOOGL +57.54. Major gains for the biggest and the best. TWTR gained $2.45 (5.34%) on an upgrade by DB, TWLO $329.72 +23.48 on the news it was spending $3.2Billion on SEGMENT, and PEP $142.13 +3.69 (2.7%) on the Citi upgrade from neutral to buy. And a big name in the medical and drug business is gone... MNK closed $ .75, down from an all-time high of $133 on the filing (completely expected) of bankruptcy. I hope the RH traders don’t pile in to this worthless shell of a major company…DEAD And the big gainer of the day, over $5.00 was DDS $55.00 +12.92 (30.70%) on the news that one of Berkshire Hathaway’s advisors bought 5.9% of the stocks. And, the Disaster Du Jour of the day was Avenue Therapeutics (ATXI), with the FDA decision not to approve Tramadol, an opioid, in its present form. The stock was $5.24 -5.36 (50%) in premarket trading and then it only got worse. It finished the day $$4.53 -6.51 (59%)…OUCH..I hate when the stock looks like a 2:1 split all by itself !
New Group: AIR & CRUISE LINES were LOWER with CCL -.44, RCL -1.11, NCLH -.61, AAL -.27, DAL -11, LUV -.48, UAL -.79, HA -.44, ALK -.04, and XTN $61.68 -.15 (.25%).
FOOD SUPPLY CHAIN was HIGHER with TSN +.99, BGS +.37, FLO +.27, CPB +.65, CAG +.69, MDLZ +1.49, CALM -.23, JJSF +.23, SAFM +3.94, HRL +1.14, SJM +1.24, PPC +.42, KR +.29, and PBJ $34.56 +.36 (1.05%).
BIOPHARMA was HIGHER with BIIB +4.94, ABBV +.79, REGN -.52, ISRG +17.48, GILD +.67, MYL +.34, TEVA -.35, VRTX +4.65, BHC -.20, INCY +2.60, ICPT -2.76, LABU +.64 and IBB $143.92 +1.39 (.98%). CANNABIS: was HIGHER with the comment in last night’s debate that Kamala Harris that they would legalize pot. TLRY +.26, CGC +1.58, CRON +.19, GWPH +1.64, ACB .05, CURLF +.32, KERN +.30, and MJ $11.80 +.23 (1.99%).
DEFENSE was HIGHER with LMT +3.10, GD +1.07, TXT +.11, NOC +1.31, BWXT +.96, TDY +2.39, RTX +.64, and ITA $164.84 +.59 (.36%).
RETAIL: was MIXED with M +.02, JWN -.21, KSS -.18, DDS +12.92 (30.7%) see above, WMT +1.74, TGT +1.29, TJX -.22, RL -.25, UAA +.40, LULU +1.64, TPR +.38, CPRI +.27, and a new addition GPS -.45, and XRT $54.05 +.01 (.02%).
MEGA-CAPS & FAANG were HIGHER with GOOGL +57.54, AMZN +171.85, AAPL +7.69, FB +11.60, NFLX +.36, NVDA 19.98, TSLA +8.94, BABA +7.51, BIDU +1.31, CMG -2.58, CRM +1.87, BA +.05, CAT +3.73, DIS +6.58, and XLK $123.83 +3.,65 (3.04%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +7.44, JPM +1.80, BAC +.19, MS +2.67, C +1.30, PNC +1.13, AIG +.51, TRV +.71, V -2.25, and XLF $25.59 +.36 (1.43%).
OIL, $39.43 -1.17, Oil was near recent highs and sold off hard Friday touching $37.61 (down about 6%) before mounting a rally back to close +2.17. The stocks were LOWER with XLE $30.86 +.07 (.23%).
GOLD $1,928.90 +2.70, opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $11630 +520. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $12.67 +.90 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Tweet slays Market

For Trading October 7th
Reversal by Tweet
“No Deal Until After I’m Re-elected”
Today’s market was split early with the DJIA higher and the NASDAQ lower. It made some headway all day, never quite catching up, and then after “THE TWEET” we reversed hard and the DJIA finished -375.88 (1.34%), NASDAQ -177.88 (1.57%), S&P 500 -47.68 (1.4%), the Russell held better only down 4.67 (.30%) and Transports -82.85 (.72%). My guess is that the president’s misdirection play will be reversed when it politically suits him, and the market will rally again as he tries everything in the book, except of course, actual action, to get that second term. Market internals were negative, but not terrible with NYSE just 4:3 down and the NASDAQ 10:7, with all but 3 DJIA stocks lower. BA was the leader on the downside trimming 77 DP’s off the index and PG and DD, lower by less than $1, and CSCO unchanged.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!! TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/vBwoKu3apTI
SECTORS: There was some good news for LEVI. The estimates were for a loss of $ .22/share and when they reported a profit of $ .08, increased margins and 52% growth in Ecommerce the stock took off. The last 10 days had the stock moving higher from $11.91 to today’s high of $15.27 before closing a bit lower at $14.74. In extended hours, the stock hit $16.78 and is currently $16.20 +1.19 (7.86%). The news for Social Capital’s SPAC III (IPOC) was evidently a disappointment. Chalmath Palihapitiya gave the story on CNBC before the open and the stock did nothing but head south. It closed $10.95- 1.73 (13.64%), but the big surprise to me was that Social Capital II also fell, closing $17.49 -2.22 (11.26%) and it has a completely different merger going on in the real estate business. Defies logic, but since we’re in both, I’m staying long. And the HOME RUN of the Day, PPSI, Pioneer Power Solutions, a little know company with the only recent news was a Form 4 (insider buying) filed in August for a purchase 1,000 shares of the stock at an average price of $1.40. The stock was trading $2.91 +1.34 pre-market (86%) and at the end of the day it was $5.83 +4.28 (273%) and in late trading it hit $9.43 and closed $6.20 +4.63 (294.9%). Quite a day for a stock with no news!!
New Group: AIR & CRUISE LINES were MIXED with the cruise lines up and the airlines lower. CCL +.29, RCL +.81, NCLH +.36, AAL -.68, DAL -1.14, LUV -1.15, UAL -1.49, HA -.36, ALK -1.57, and XTN $59.35 -.72 (1.21%).
FOOD SUPPLY CHAIN was LOWER with TSN -.50, BGS -.22, FLO -.29, CPB -.39, CAG -.45, MDLZ –1.04, KHC -.24, CALM +.30, -.14 (.4%).
BIOPHARMA was LOWER with BIIB -3.03, ABBV -2.15, REGN -24.08, ISRG -8.68, GILD -1.10, MYL -.29, TEVA -.11, VRTX -7.98, BHC -.82, INCY -3.70, ICPT -2.03, LABU -1.53, and IBB $137.88 -1.69 (1.21%). CANNABIS: was LOWER with TLRY -.46, CGC -.59, CRON -.,19, GWPH +1.45, ACB -.18, CURLF -.13, KERN -.07 and MJ $10.53 -.30 (2.77%).
DEFENSE was LOWER with LMT -7.62, GD -.42, TXT -.68, NOC -3.21, BWXT -1.18, TDY -.65, RTX -1.06, and ITA $159.19 -2.99 (1.84%).
RETAIL: was LOWER with M -.24, JWN -.46, KSS -1.01, DDS +.64, WMT -1.35, TGT -1.70, TJX -1.19, RL -2.54, UAA -.49, LULU -9.75, TPR -.06, CPRI -.28, and XRT $51.76 -1.01 (1.91%).
MEGA-CAPS & FAANG were LOWER with GOOGL -40.83, AMZN -101.20, AAPL -3.30, FB -7.87, NFLX -16.28, NVDA +6.30, TSLA -12.46, BABA +3.53, BIDU +.13, CMG +3.34, CRM -1.64, BA -11.20, CAT -2.04, DIS -2,34, and XLK $115.64 -1.82 (1.55%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with interest rates, with GS -1.02, JPM -.94, BAC -.21, MS -.87, C -.51, PNC -2.72, AIG -.07, TRV -.38, V -2.77, and XLF $24.45 -.25 (1.01%).
OIL, $40.67 +1.45, Oil was near recent highs and sold off hard Friday touching $37.61 (down about 6%) before mounting a rally back to close +2.17. The stocks were LOWER with XLE $29.74 -.45 (1.49%).
GOLD $1,908.80 -11.30, opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $10,630 -185. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $10.85 -.43 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Merger Monday

For Trading September 29TH
MERGER MONDAY!
BROAD RALLY
Today’s market started off on the upside and spent the rest of the day comfortably up, in fact the DJIA +410.10 (1.5%), was the only one of the averages that came off the highs at the close, finishing 140 or so below it. NASDAQ was +203.97 (1.87%), S&P 500 +53.14 (1.61%), the Russell +35.48, the biggest gainer (2.41%) and the DJ Transports +170.95 (1.52%). What was most impressive to me was the fact that the Mega-cap and FAANG names weren’t weak, but definitely not racing higher all day. The other interesting point was that all the indexes closed over last weeks highs! The market internals were actually pretty good with the NYSE 5:1 and NASDAQ 3:1; volume was light (Jewish holiday) and the DJIA was solidly positive with only 3 of the 30 lower and all less than $1. BA was the biggest winner adding 66 DP’s. Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/pEWUtvQgNoM
SECTORS: There wasn’t a lot of sector news, but we did have 2 deals; Devon Energy (DVN) and WPX Energy in a merger of equals that the street liked sending both of them higher. DVN $9.80 +.98 (11%) and WPX $5.17 +.73. DVN has spent the last 10 years moving steadily lower from $122 to a low of $4.70, and WPX not quite so bad from $25 to $1.94. I guess when you compare -92% vs. -95% there really aren’t any winners.
Also, in the M&A arena, we have Cleveland Cliffs,13.37 +1.28 (10.6% CLF buying the US assets of MT, Arcelor Mittal for $1.4 billion. The street liked this one too, CLF $6.56 +.68 (11.5%) and MT $13.37 +1.28 (10.6%), although this one is cash and stock, so it’s hard to quote a valuation. It wasn’t all good news, with 2 smallish biotech’s, INO and EIGR both having problems with their Covid-19 vaccine trials. INO, up from $1.95 this year to peak at $33.49 had already fallen back to close Friday $16.94 opened the day at $10.67 and closed $12.14 -4.80 (28%), and EIGR with a January high near $15 and Friday close $9.89 opened the day $9.47 and then sold down to $7.67 and closed $7.96 -1.93 (19.5%). On the upside, in a major way, was Piedmont Lithium (PLL) taking the HOMERUN OF THE DAY disclosing a 5-year contract with TESLA for the mineral Spodumene, a component of lithium. The stock had closed $11.00 and opened $36.66, traded up to $54.50 and finished the day $37.00 +$26 (236.36%). Also, of interest, according to my service, the stock last traded Thursday, 9/17, so unlike many deals that “leak” this was as clean as a whistle. One more small one, Oxbridge Re Holdings, a Cayman re-insurance company that shows absolutely no news and has spent the last 5 years going from $7.76 to a low of $ .55, closed $1.07 Friday and opened $1.55 and proceeded to move up to $9.62 and back down to close $2.95 +1.88 (175%). I’m sure we’ll hear more on that one tomorrow!
New Group: AIR & CRUISE LINES were HIGHER with CCL +.22, RCL +1.67, NCHL +.14, AAL +.55, DAL +1.78, LUV +1.38, UAL +1.85, HA +.61, ALK +1.25, and XTN $59.28 +1.34 (2.31%).
FOOD SUPPLY CHAIN was HIGHER with TSN +.53, FLO +.29, CPB +.42, CAG +.46, MDLZ +1.20, KHC +.96, CALM +.29, JJSF +2.06, SAFM +1.96, HRL +.86, SJM +1.09, PPC +.18, KR +.17, and PBJ $32.64 +41 (1.25%).
BIOPHARMA was HIGHER with BIIB +8.75, ABBV +1.72, REGN -2.14, ISRG +19.43, GILD +.78, MYL +.22, TEVA +.16, VRTX +.08, BHC +.08, INCY +3.81, ICPT unch., LABU +.03 and IBB $134.48 +1.01 (.76%). CANNABIS: was MIXED with TLRY +.09, CGC +.08, CRON -.12, GWPH -.94, ACB -.27, CURLF +.02, NBEV +.08, KERN -.03, and MJ $10.39 -.03 (.28%).
DEFENSE was HIGHER with LMT +4.31, GD +2.99, TXT +1.54, NOC +1.52, BWXT +.49, TDY +3.41, RTX +1.94, and ITA $181.82 +3.38 (2.13%).
RETAIL: was HIGHER with M -.04, JWN +.38, KSS +.11, DDS +.88, WMT +.16, TGT +2.11, TJX +2.70, RL -.60, UAA +.29, LULU +3.90, TPR +.39, CPRI -.51and XRT $50.08 +1.20 (2.45%).
MEGA-CAPS & FAANG were HIGHER with GOOGL +25.94, AMZN +94.47, AAPL +3.22, FB +3.68, NFLX +9.12, NVDA +7.85, TSLA +12.46, BABA +6.26, CMG +18.90, BIDU +2.71, CMG +18.90, CRM +5.06, BA +10.47, CAT +2.09, DIS +2.25, and XLK $116.62 +2.68 (2.35%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +4.29, JPM +3.08, BAC +.71, MS +1.41, C +1.49, PNC +3.23, AIG +.68, TRV +2.11, V +4.03, and XLF $24.05 +.56 (2.38%).
OIL, $40.48 +.35, Oil was higher all day. I am looking for about another $1.00 or so before I would consider selling it for a correction. The stocks were HIGHER with XLE $30.89 +.71 (2.35%).
GOLD $1,882.30 +16.00, opened LOWER but and gave up most of the recent gains and finished well off the low but slightly higher. I have closed out the NEM calls at a loss. I will take another look after I’ve seen some sideways action.
BITCOIN: closed $10,960 +135. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.16 - 0.07 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Battery Day

For Trading September 23RD
NASDAQ BEST PERFORMER, AGAIN!
BATTERY DAY
NKE, KBH, & SFIX REPORT
Today’s market started off slowly and spent most of the day wavering between up and down until the final hour and managed to make a new high and have a solid close. NASDAQ was the clear strength finishing up 3 times the DJIA at +184.84 (1.71%), DJIA +140.48 (.52%), S&P 500 +34.51 (1.05), the Russell +11.71 (.79%) and the DJ Transports +85.50 (.77%). Market internals were split with NYSE 4:3 up, but even though the NASDAQ showed a major gain, the split was 1:1. Volume was slightly lower than Monday. Sales of existing homes were +2.4% and while pricing was strong, the lack of supply continues to be well below demand. This actually skews the numbers lower than if there were more for buyers to purchase.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members.
I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/Ry0hBpMk-CQ
SECTORS: The most “hyped” news of the day was the Tesla “Battery Day,” on the schedule seemingly forever, and the hype got so bad that even Elon Musk had to make statements yesterday trying to calm it a bit. The stock was lower all day finishing regular hours $424.23 -25.16, and after the close it rallied back to down just $14. However, I waited to do tonight’s note until there was some further action on the “show” and surprisingly, the stock has traded lower, trading $394 with a last of $406 right now (7:00pm). We’ll have to see it in the morning since it could be $375, or $425 again. Earnings from a couple of big names came after the close. Nike (NKE) beat numbers both top and bottom lines and also managed to cut S, G, & A and spent less on advertising since there were no sports on TV for the quarter and it clearly showed! The stock had closed $116.87 +3.50 (3.09%) but once the conference call was on it exploded higher trading $128 when I did tonight’s closing comment, but it has continued higher trading $134 and having a last trade now (7:15) of $131.75 +18.38 (16.12%). KB Homes also beat and was $40.50 +1.57 at the close and traded up to $43.65 and is currently $40.00 1.07. SFIX was not so great as it beat on revenues and missed on earnings. It had closed $31.38 +2.32 (7.98%) and had traded $34.00 before the call and then fell hard to $$25.90 and the last was $26.40 -2.66 (9.15%). Pretty ugly call, I guess! And the disaster du jour was a little bio named Vaccinex (VCNX) who had a negative result on a trial for Huntington’s disease. The stock had a high $12.23 in January and a recent low of $3.22 in July and closed $5.47 and opened today $2.30 and finished the day $2.24 -3.23 (59%). I hate when that happens! New Group: Air & Cruise Lines: were HIGHER with CCL +.01, RCL +1.56, NCHL +.34, AAL +.17, DAL +.36, LUV +.45, UAL +.25, HA +.08, ALK +.16, JBLU +.24, and XTN $58.35 +.16 (.27%).
FOOD SUPPLY CHAIN was MIXED with TSN -.26, BGS -.17, FLO +.09, CPB -.55, CAG +.04, MDLZ -.04, KHC -.41, CALM +.53, JJSF -2.10, SAFM -.49, HRL +.22, SJM +.09, PPC -.03, KR +.29, and PBJ $32.31 +.16 (.51%).
BIOPHARMA was HIGHER with BIIB +4.46, ABBV -.59, REGN +15.81, ISRG +25.05, GILD -.72, TEVA -.11, VRTX +3.58, BHC -.52, INCY +1.54, ICPT -.58, LABU +.24, and IBB $133.84 +1.01 (.76%). CANNABIS: was LOWER with TLRY +.12, CGC -.08, CRON -.05, GWPH +.94, ACB -.34, NBEV +.03, CURLF -.01, KERN -.03, and MJ $10.80 -.03 (.28%).
DEFENSE: was HIGHER with LMT +8.79, GD +1.12, TXT -.07, NOC +6.91, BWXT +.86, TDY +4.23, RTX -.27, and ITA $161.,25 +1.58 (.99%).
RETAIL: was MIXEDR with M +.04, JWN -.28, KSS -.53, DDS -1.58, WMT +.63, TGT +3.64, TJX -.29, RL +3.83, UAA +.57, LULU +23.94, TPR +.12, CPRI -.17 and XRT $50.62 +1.33 (2.7%).
MEGA-CAPS & FAANG were HIGHER with GOOGL +25.86, AMZN +154.53, AAPL +.49, FB +5.75, NFLX +2.65, NVDA +.11, TSLA -54.89, BABA +.83, BIDU -.55, CMG +26.03, CRM +1.95, BA -.09, CAT +1.66, DIS +1.93 and XLK $113.94 +1.50 (1.33%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS -2.30, JPM -1.10, BAC -.53, MS -.69, C -.65, PNC -3.84, AIG +.36, TRV -.20, AXP +.21, V +3.05, and XLF $23.73-.20 (.84%).
OIL, $39.80 +.26, Oil was higher all day. I am looking for about another $1.00 or so before I would consider selling it for a correction. The stocks were lower with XLE $31.84 -.33 (1.03%).
GOLD $1,907.60 -3.00, opened LOWER but and gave up most of the recent gains and finished well off the low but substantially lower. I will be taking a hard look at buying GLD tomorrow. We added 4 and 2 NEM 10/70 calls @$.56 today. Average is now .98.
BITCOIN: closed $10,495 +10. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.27 +.14 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Welcome to Q4

For Trading October 1st
Welcome to Q4
Rally Continues
Mega & Small Caps Rule the Day
Today’s market was very sloppy with the DJIA trading +260 to -120 and closing +36.20 (.13%), buoyed by BA, which at the high of the day had added 70 DP’s and finished nearer its low adding only 16. The biggest gainers for the day were V, a credit card company and WMT, the biggest retailer with 24 and 22 respectively. The real strength came from the NASDAQ, with the mega-caps +159 (1.42%) and the small-cap Russell +23.51 (1.56%). Interesting dichotomy. The S&P was somewhere in the middle +23.51 (.53%) and the Transports were -18.61 (.17%). Market internals 2:1 up on both, and volume was about 40% less than yesterday’s end of quarter numbers. With all the numbers this morning out of the way, tomorrow’s September employment numbers should set the tone.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/5Qq05sql0Po
SECTORS: There wasn’t a lot of sector news, but we did have some more news on layoffs for airlines, and assorted companies across all industries from All State insurance to GS to Marathon Petroleum. This flies in the face of the government’s employment number and initial claims as well as anything they can point to show how well we are all doing. I’ve given up on thinking that these numbers are real, when I drive around town and see all the closed forever signs popping up on everything from dry cleaners to restaurants to anything that isn’t a franchise of a Dunkin or Panera, that are now empty. I just don’t understand how our “consumer” based economy will function with over 850,000 new initial claims every week and people that are leaving the employment seeking behind. And Starbucks raises their dividend Best Buy reports record sales increases while they’re closing many of its stores. I guess I just don’t get it!
New Group: AIR & CRUISE LINES were HIGHER with CCL -.13, RCL +.57, NCLH +.10, AAL +.20, DAL +.37, LUV +.11, UAL +.23, HA -.24, ALK -.03, and XTN $58.43 +.28 (.48%).
FOOD SUPPLY CHAIN was HIGHER with TSN -.18, BGS +.08, FLO +.09, CPB +.15, CAG +.39, MDLZ +.55, KHC +.45, CALM +.03, JJSF +1.51, SAFM +1.53, HRL +.39, SJM +.48, PPC +.19, KR +.11, and PBJ $33.05 +.34 (1.04%).
BIOPHARMA was HIGHER with BIIB +1.89, ABBV -.19, REGN +8.36, ISRG +.98, GILD +.11, MYL -.03, TEVA +.06, VRTX +1.39, BHC +.32, INCY +2.69, ICPT +.62, LABU +2.14, and IBB $136.67 +1.26 (.93%). CANNABIS: was MIXED with TLRY +.01, CGC -.06, CRON -.01, GWPH -.85, NBEV +.13, CURLF -.10, KERN +.51, and MJ $10.39 -.02 (.19%).
DEFENSE was LOWER with LMT -2.28, GD -.65, TXT -.98, NOC -3.68, BWXT +.34, TDY -2.48, RTX -.14, and ITA $159.19 +.49.
RETAIL: was HIGHER with M +.16, JWN +.68, KSS +.93, DDS +.44, WMT +2.95, TGT +1.03, TJX +1.35, RL +1.03, UAA +.60, LULU +10.63, TPR +.22, CPRI +.12 and XRT $51.01 +1.35 (2.72%).
MEGA-CAPS & FAANG were HIGHER with GOOGL +24.40, AMZN +66.77, AAPL +.99, FB +4.50, NFLX +26.68, NVDA +2.54, TSLA +13.79, BABA -4.33, BIDU -.14, CMG -5.71, CRM +2.68, BA +1.25, CAT -2.74, DIS -.78, and XLK $117.93 +1.23 (1.05%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were MIXED with GS -1.82, JPM +.63, BAC -.02, MS -1.04, C +.20, PNC -.48, AIG +.19, TRV -.38, V +3.28, and XLF $24.11 +.04 (.17%).
OIL, $38.72, Oil was near recent highs and sold off hard today touching $37.61 (down about 6%) before a minor rally back to close -1.50. The stocks were LOWER with XLE $29.03 -.92 (3.07%).
GOLD $1,916.30 +20.80, opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $10,645 -125. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $10.87 -.10 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

ICBM

For Trading October 9th
Solid Day
IBM Soars, DPZ Crushed
Today’s market was just a good, old-fashioned day without any major moves in the indexes, no earth-shattering tweets or end of days prognostications. I didn’t have any power, cable or phone last night so besides not putting out my Daily Note or closing comment, I miss the big debate. Judging by the reports I heard today, all I missed was the fly on Pence’s head! The DJIA was = 122.06 (.43%), NASDAQ +56.38 (.50%), S&P 500 +27.38 (.80%), the Russell was the big winner again +17.51 (1.09%) and the Transports +72.54 (.62%) and a new all-time high! The internals were good with NYSE 3:1 and NASDAQ 2:1 positive and all I can say is that it was very a very “Goldilocks” kind of day.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/lXD_OB9CrYU
SECTORS: There was good news for holders of Eaton Vance (EV) being taken over by Morgan Stanley (MS) for about $7 billion in cash and stock. MS was -2.20 premarket but right after the open it started back up and finished $49.35 +.64, and since it included stock, the rise sent EV higher to close $60.78 +19.84 (48.4%).
IBM also had news that sent it higher. They gave guidance and then announced that they are going to split the company up and make the pieces “pure plays” in an effort to get a better valuation for the parts. It looked great pre-market but by the open it had given up about 1/3 of the gains and finished the day up $7.42 (6%) after the early market up 12%. Same situation with REGN, trading up to $618 or so +$26, but the stock never made it there when the real market opened…and then traded back to $598 and closed $599.70 +8.00, near the lows, but still ahead 1.24%. On the downside, the DISASTER DU JOUR, was a name that I wrote about last week, WWR, Westwater Resources, which went from $1.52 to $14.50 on news that Mr. Trump had signed an executive order relating to securing “rare earth” and critical minerals last week. As I mentioned, the stock took off from under $2 to $14.50 in 4 days and then reversed and finished the day $7.46 -4.26 (36%).
New Group: AIR & CRUISE LINES were HIGHER with CCL -.22, RCL +1.48, NCLH +.28, AAL +.33, DAL +.67, LUV +.57, UAL +1.06, HA +.55, ALK +1.98, and XTN $61.54 +.77 (1.27%).
FOOD SUPPLY CHAIN was MIXED with TSN +.57, BOS +.03, FLO -.08, CPB +.48, CAG -.35,M MDLZ +.38, KHC +.36, CALM -.14, JJSF -.02, SAFM -1.59, HRL -.23, SJM -.33, PPC -.21, KR +.36, and PBJ $33.64 +.11 (.34%).
BIOPHARMA was HIGHER with BIIB +1.89, ABBV +.56, REGN +3.87, ISRG +2.74, GILD +.83, MYL +.83, TEVA +.35, VRTX +2.71, BHC +2.12, INCY +3.09, ICPT -2.46, LABU +.74 and IBB $141.38 +.39 (.28%). CANNABIS: was HIGHER with the comment in last night’s debate that Kamala Harris that they would legalize pot. TLRY +1.38, CGC +2.84, CRON +.76, GWPH -1.19, ACB +.63, NBEV +.09, CURLF +.77, KERN +.21, and MJ $12.10 +1.15 (10.5%).
DEFENSE was HIGHER with LMT +6.24, GD +1.73, TXT +.58, NOC +5.79, BWXT +2.53, TDY +7.63, RTX +1.31, and ITA $165.44 +2.76 (1.7%).
RETAIL: was HIGHER with M +.35, JWN +1.13, KSS +1.34, DDS +1.60, WMT +.79, TGT +1.72, TJX +.24, RL +2.55, UAA +.49, LULU -.80, TPR +1.08, CPRI +.86 and a new addition GPS +.10, and XRT $54.01 +.83 (1.56%).
MEGA-CAPS & FAANG were HIGHER with GOOGL +26.86, AMZN +1.31, AAPL +.19, FB +6.29, NFLX -1.91, NVDA -6.16, TSLA +4.45, BABA +6.00, BIDU +.95, CMG +4.33, CRM +1.26, BA +4.05, CAT +2.98, DIS +.78, and XLK $118.37 +.61 (.52%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +4.91, JPM +2.51, BAC +.47, MS +.52, C +.06, PNC +1.37, AIG +.79, TRV +1.82, V +1.21, and XLF $25.20 +.34 (1.37%).
OIL, $41.19 +1.24, Oil was near recent highs and sold off hard Friday touching $37.61 (down about 6%) before mounting a rally back to close +2.17. The stocks were HIGHER with XLE $31.29 +1.13 (3.75%).
GOLD $1,895.10 +4.30, opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $10,955 +235. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.86 +.89 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Q3

For Trading October 1st
Welcome to Q3
Rally Continues
PLTR Prices @ $7.25 ASAN $21.00
Today’s market was looking pretty ugly on the overnight futures reaction to the debate, but we had a deluge of positive data coming from ADP, Case Schiller, Chicago PMI, another look at Q2 GDP and mortgage applications. We moved from -200 DJIA to +100 in the last 20 minutes leading up to the open and it only got better from there. We had the Treasury Secretary from the Seeking Alpha virtual meeting talking about his conversations with Speaker Pelosi and gave some hopeful words, which added gas to the fire, and we were headed to +550 on the DJIA with the rest of the market following. When the dust settled we finished with the DJIA +329.04 (1.2%), NASDAQ +82.26 (.74%), S&P 500 +27.53 (.83%), the Russell +2.97 (.20%) and the DJ Transports the only one lower at -71.79 (.63%). Market internals were unimpressive although volume was about 30% higher but that was likely the effect of the end of the quarter. There were only 2 DJIA lower (DIS & NKE) while the biggest gainers were AXP, UNH, AMGN, GS, & HD.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members.
I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/e9UkY-d19rw
SECTORS: There wasn’t a lot of sector news, but we did have some news from DIS after the close laying off 28,000 employees at the “parks” division with full time, part time, as well as executives. The stock finished today $124.00, better than last night’s reaction but still lower by $1.40 (1.12%). Micron (MU) was sold off even though they beat top and bottom lines but sellers took control and after it traded up to $52.67 on the headline, it spent the day today selling off and closed on the lows at $46.90 -3.81 (7.51%). This is why I always try to NOT trade earnings reports. This is a prime example of being right on the numbers and having it cost you money.
Becton Dickenson reported positive results on their “antigen-based test’ and was higher, closing $233.71 +8.28 (3.67%). Moderna (MRNA) was also higher during the day with a high of $75.39 but finished $70.75 +.23 (.33%). PLL who signed a 5-year agreement with TESLA for an element used in batteries that had traded $54.50 and since closing $37 +26 has had a couple of weaker days finishing the day today $23.69 -1.69 (6.66%) but still well up from $11.00.
New Group: AIR & CRUISE LINES were HIGHER with CCL +.27, RCL +.50, NCLH +.80, AAL +.16, DAL +.12, UAL +.59, HA +.15, ALK -.04 and XTN $58.15 -.18 (.32%).
FOOD SUPPLY CHAIN was HIGHER with TSN +.51, BGS -.04, FLO +.23, CPB +.35, CAG +.17, MDLZ +.96, KHC +.34, CALM -.22, JJSF +1.04, SAFM -.03, HRL +.38, SJM +2.51, PPC +.17, KR +.19, and PBJ $32.72 +.22 (.68%).
BIOPHARMA was HIGHER with BIIB +1.33, ABBV +1.28, REGN -12.51, ISRG +19.45, GILD +1.45, MYL +.26, TEVA +.16, VRTX +1.81, BHC +.77, INCY +2.31, ICPT +.01, LABU -.23, and IBB $135.41 +.80 (.59%). CANNABIS: was MIXED with TLRY +.11, CGC -.15, CRON -.01, GWPH -.47, NBEV +.01, CURLF +.16, KERN -.04, and MJ $10.36 -.07 (.67%).
DEFENSE was LOWER with LMT -4.98, GD -.12, TXT -.68, NOC -7.90, BWXT -.96, TDY -1.73, RTX +.16, and ITA $159.79 -.07.
RETAIL: was HIGHER with M +.07, JWN +.29, KSS +.15, DDS +3.01, WMT WMT +3.13, TGT +1.05, TJX +1.49, RL +.63, UAA +.15, LULU +7.71, TPR -.07, CPRI +.33 and XRT $49.66 +.35 (.71%).
MEGA-CAPS & FAANG were HIGHER with GOOGL -.07, AMZN +17.12, AAPL +2.08, FB +1.01, NFLX +7.31, NVDA +14.12, TSLA +12.03, BABA +18.07, BIDU +5.39, CMG -11.28, CRM +4.35, BA +5.70, CAT +2.09, DIS -.91, and XLK $117.07 +1.34 (1.16%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with interest rates with GS +4.18, JPM +.87, BAC +.36, MS +1.18, C +.72, PNC +3.88, AIG +.29, TRV +.56, V +.96, and XLF $24.09 +.34 (1.42%).
OIL, $40.22 +.93, Oil was in a fairly tight range all day. After the oil sold off yesterday it had an “inside day” today, so no real hint to which way it is going out of this consolidation. The stocks were MIXED with XLE $30.03 -.01 (.03%).
GOLD $1,895.50 – 7.70, opened HIGHER and made a slightly higher high and a higher low, closing mid-range but down on the day. There were several “unusual options action” looking for another 10-12% on the upside before year end. We sold the balance of the 3X silver ETF calls at $2.10.
BITCOIN: closed $10,770 -45. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.01 -.02 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Dead Battery

For Trading September 24TH
NASDAQ WORST PERFORMER, AGAIN!
BATTERY DAY is a DUD
ABSOLUTE LUNACY
Today’s market started off on the upside hitting the high of the day by 9:45 and started to fail. By 10:30 we had moved below unchanged and spent the next 3 hours going sideways to down, and then the real selling began, taking the DJIA to below last weeks low and after a minor rally moved down to close -525.05 (1.9%), NASDAQ -330.65 (3.02%), S&P 500 -78.65 (2.07%), the Russell -45.59 (3.04%) and the DJ Transports -119.44 (1.06%). Volume on the NYSE was roughly 7:1 down, close to climactic, but not quite, and the A/D was 7.8:1 on NYSE and 5:1 on NASDAQ. Housing price index was unchanged @ +1% as expected and mortgage apps. Increased 6.8% following a -2.5% last week. Covid-19 numbers are on the rise again with France the big winner (loser?) on number of new cases and deaths.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/jd4FWkDRLig
SECTORS: The lunacy of this market knows no bounds. A company added a “EV Charger” business and it rallies from a prior close of $1.05 to a high of $46.67 and finishes the day @ $14.00 +1233%. This is the same kind of activity that occurred in 1999 when all you had to do was add “.com” to the company name and settle back to watch the fireworks. In reality, SPI Energy (SPI) is a company that had a high of $1,800 at the start of 2016. That may seem pretty extreme for a stock that closed $1.05 before the news, but it actually “reverse split” twice, 1:10 in 2017 and 2018. So, if you owned 100 shares in early 2017 at $20, you’d first go to 10 shares, and then again in 2018 down to 1 share. So, 100 @ $20, or $2000 worth of stock, you’d now have 1 share worth $14.00 at the close today. Talk about destruction of equity! No as bad as some, but not a great return. Caveat Emptor!...in spades. New Group:
AIR & CRUISE LINES were LOWER with CCL -.28, RCL -1.57, NCLH -.28, AAL -.37, DAL -.87, LUV -.53, UAL -.95, HA -.41, ALK -1.17, and XTN $57.50 -.85 (1.46%).
FOOD SUPPLY CHAIN was LOWER with TSN -2.59, BGS -.48, FLO -.23, CPB -.48, CAG -1.29, MDLZ -1.27, KHC -.48, CALM -.01, JJSF +1.40, SAFM -2.89, HRL -.21, SJM -1.67, PPC -.04, KR -.54, and PBJ $31.68 -.63 (1.96%).
BIOPHARMA was LOWER with BIIB -.56, ABBV -1.42, REGN -6.32, ISRG -8.61, GILD -.65, MYL -.42, TEVA -.16, VRTX -3.76, BHC -.29, INCY -.96, ICPT -1.64, LABU -5.39, and IBB $132.10 -1.68 (1.25%). CANNABIS: was LOWER with TLRY -.65, CGC -1.43, CRON-.24, GWPH -.85, ACB -2.11 (28%), NBEV -.12, CURLF -.05, KERN -.35, and MJ $10.37 -.70 (6.32%).
DEFENSE was LOWER with LMT -5.18, GD -3.25, TXT -.80, NOC -2.85, BWXT -1.11, TDY -7.71, RTX -1.79, and ITA $156.70 -4.14 (2.57%).
RETAIL: was LOWER with M -.13, JWN -.72, KSS -.71, DDS -1.39, WMT -2.80, TGT -3.88, TJX -1.36, RL -3.03, UAA +.33, LULU -2.60, TPR +.03, CPRI -.50, and XRT $49.28 -1.34 (2.65%).
MEGA-CAPS & FAANG were LOWER with GOOGL -56.82, AMZN -155.99, AAPL -6.21 FB -8.00, NFLX -22.37, NVDA -25.01, TSLA -56.40, BABA -3.39, BIDU -1.11, CMG +23.13, CRM -13.28, BA -6.45, CAT -3.07, DIS -4.21, XLK 109.90 -4.32 (3.79%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS -4.22, JPM -1.77, BAC -.72, MS -1.21, C -1.52, PNC -2.86, AIG -.88, TRV -1.76, AXP -2.88, V -5.71, and XLF $23.20 -.53 (2.23%).
OIL, $39.93 +.13, Oil was higher all day. I am looking for about another $1.00 or so before I would consider selling it for a correction. The stocks were lower with XLE $30.21 – 1.43 (4.52%).
GOLD $1,868.40 -39.20, opened LOWER but and gave up most of the recent gains and finished well off the low but substantially lower. I have closed out the NEM calls at a loss. I will take another look after I’ve seen some sideways action.
BITCOIN: closed $10,280 -215. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $10.74 -.53 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Rally Monkey

For Trading October 6th
Rally Continues
Mega & Small Caps Rule the Day
Today’s market was strong from the overnight futures right through the close. Upbeat attitudes seemed to be the rule of the day with the president fairing better than expected and he made it clear, later verified by the doctors, that he would be headed back to the White House later this afternoon. At the close all stock markets were higher with the biggest gainers the mega-cap and the small-cap, with the DJIA +465.83 (1.68%), NASDAQ +257.47 (2.32%), S&P 500 +60.16 (1.8%), the Russell the biggest gainer +42,67 (2.77%) and the DJ Transports +184.99 (1.64%). ISM Services came in well over expectations at 57.8 vs. 55.6 expected and 56.9 in August. Unfortunately, Chapter 11 filings were up 78%, but the market was totally unaffected by the bad news on small business. Market internals were good with both NYSE and NASDAQ were 3:1 and volume was average. The DJIA had all 30 gainers with one of the new members, AMGN added 70 DP’s and many in the +25 - 30 range. The biggest factor for the day was Trump returning to the White House tonight, tweeted out this afternoon, later confirmed by his doctors in their afternoon update. That added about 125-150 to the DJIA.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking
Tonight’s closing comment video: https://youtu.be/J75X2GPb5n0
SECTORS: There was some good news for holders of MYOK, Myokardia, as BMY bid $225 for the company. The stock, which traded as low as $43.00 earlier this year closed Friday $139.60 finished the day today $220.34 +80.74 (58%). Not so fortunate, Cineworld, which trades in London and in B-Pounds, with a tracking stock here (CNNWK) announced that they are closing all of their movie theaters for the rest of the year and well into 2021. Here in the US they go under the name Regal Cinemas and are the second largest theater chain in the country. In London the stock, down from 220 this year closed $25.20 -14.27 (36%), and here in the US, CNWGY the stock traded $8.00 in July, down from over $10 in February, closed the day $1.10 -1.10 (50%). AMC, which traded as high as $36 in 2018, and $21 last year finished the day $4.13 -.52 (11.2%). A very tough day!
New Group: AIR & CRUISE LINES were MIXED with CCL -.16, RCL -.17, NCLH -.34, AAL +.10, DAL +.32, UAL +.24, LUV -.26, HA -.03, ALK unchanged, and XTN $60.08 +.70 (1.19%).
FOOD SUPPLY CHAIN was HIGHER with TSN -.43, BGS +.13, FLO +.29, CPB -.22, CAG +.05, MDLZ +.22, KHC +.43, CALM -.36, JJSF +.40, SAFM +1.48, HRL +.49, SJM +.91, PPC -.10, KR +.41, and PBJ $33.36 +.31 (.95%).
BIOPHARMA was HIGHER with BIIB +6.54, ABBV +2.23, REGN +39.20, ISRG +11.42, GILD +1.67, MYL +.20, TEVA +.26, VRTX +8.18, BHC +.40, INCY +3.47, ICPT +1.34, LABU +7.70, and IBB $139.57 +5.70 (4.16%). CANNABIS: was HIGHER with TLRY +..60, CGC +.78, CRON +.15, GWPH +2.03, ACB +.06, NBEV +.09, CURLF +.05, KERN +.44, and MJ $10.85 +.49 (4.73%).
DEFENSE was HIGHER with LMT +2.92, GD +2.24, TXT +.68, NOC -1.86, BWXT -.24, TDY +5.71, RTX +.11, and ITA $161.14 +.26 (.16%).
RETAIL: was HIGHER with M +.04, JWN +.55, KSS +.36, DDS +2.03, WMT +1.15, TGT +2.39, TJX -.11, RL +1.87, UAA -.01, LULU +.93, TPR +.75, CPRI +1.20, and XRT $52.77 +1.48 (2.89%).
MEGA-CAPS & FAANG were HIGHER with GOOGL +21.49, AMZN +73.00, AAPL +3.40, FB +4.32, NFLX +17.49, NVDA +23.85, TSLA +8.36, BABA +.43, BIDU -.12, CMG +4.99, CRM +4.05, BA +3.12, CAT +3.96, DIS +.69 and XLK $117.46 +2.52 (2.19%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with interest rates, with GS +1.90, JPM +2.01, BAC +.46, MS +.70, C +1.28, PNC +2.64, AIG +.73, TRV +2.43, V+2.04, and XLF $24.73 +.43 (1.77%).
OIL, $39.22 +2.17, Oil was near recent highs and sold off hard Friday touching $37.61 (down about 6%) before mounting a rally back to close +2.17. The stocks were HIGHER with XLE $30.13 +.82 (2.8%).
GOLD $1,920.10 +12.50, opened HIGHER and made a slightly higher high and a higher low, closing near the highs of the day. There were several “unusual options action” looking for another 10-12% on the upside before year end.
BITCOIN: closed $10,815 + 265. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.27 +.41 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Snowflake

For Trading September 17th
NASDAQ SELLOFF
SNOWFLAKE SURPRISE
FED DAY LETDOWN
Today’s market started off with another rally and at the highs we were +369 on the DJIA, but as Chairman Powell was talking at his press conference we started to fade and we had a downdraft to +130, and in the last 15 minutes we had another one taking us to just above unchanged to finish within pennies of the low +36.78 (.13%). NASDAQ was -139.85 (1.25%), S&P 500 -15.71 (.46%), the Russell +14.17 (.92%) and the DJ Transports +78.18 (.68%) and made a new all-time high at 11,690.82. Market internals were generally healthy with NYSE 1.6:1 and NASDAQ just slightly lower at 1.5:1, with a 20% increase in volume. The DJIA was split 15:15 with only HD, HD, and AAPL 25DP losers and BA +26, the only gainer of $26 DP’s.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!! TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/rEftfx47Vdc
SECTORS: We started off the day with Retail sales +.6%, a slight disappointment, although the retail sector was mixed to higher. UAA was a big winner on the back of a new line of women’s basketball shoes and finished the day $12.29 +.63 (5.4%). FDX and ADBE went in separate directions even though they both blew away their earnings numbers. FDX helped drive the Transports to a new high today and finished $250.30 +13.63 (5.8%). ADBE went the other way after the stock moved up to $522 +25 in post market trading but when it opened this morning it could only make it to $505.50 and then fell to 478 by 11:00 and worked its way down to close $476, literally only pennies off the low and -21.67 (4.33%), and almost 50 off the extended hours high. Facebook has some problems with the FTC and that weighed on the stock and today several celebrities calling for a 1-day boycott of the social media site. Whatever it was, the stock closed near its low for the day at $263.52 -8.90 (3.3%). GE gave guidance for cash-flow positive during this 2nd half and the market liked it, sending it up 10.7% at $6.75 +.65. There were two IPOs today for cloud-based software. FROG was priced at $4 and the stock opened $71, traded up to $77 before a bit of a selloff to finish $64.33, or 46% over its pricing. SNOWFLAKE grabbed all the attention being offered at $120 after raising the price several times and then opening $240, moving up to 319 before selling off to close $253.93 133.9% above its offering.
FOOD SUPPLY CHAIN was LOWER with TSN -.04, BGS +,71. FLO +.14, CPB -.09, CAG -.07, MDLZ -.12, KHC -.41, CALM +1.24, JJSF -.12, SAFM -.12, HRL -.36, SJM -2.40, PPC -.04, KR -.58, and PBJ $32.87 -.26 (.78%).
BIOPHARMA was MIXED with BIIB -2.06, ABBV -.82, REGN _10.75, ISRG -24.18, GILD -.65, MYL +.13, TEVA +.13, VRTX +.70, BHC +.64, INCY -1.49, ICPT +.73, LABU+3.74, and IBB $136.70 +.63 (.46%). CANNABIS: was HIGHER with TLRY +.42, CGC +.28, CRON +.04, GWPH -1.23, ACB -.05, NBEV +.03, CURLF +.31, KERN +.18, and MJ $11.43 +.07 (.62%).
DEFENSE: was HIGHER with LMT +3.06, GD +1.64, TXT +/.54, NOC +5.48, BWXT +.55, TDY +2.25, RTX +1.81, and ITA $167.67 +3.01 (1.83%).
RETAIL: was MIXED with M +.13, JWN +.36, KSS +.89, DDS -.21, WMT -.48, TGT -.60, TJX +.50, RL +.65, UAA +.63, LULU -4.49, TPR +1.64, CPRI +1.04, XRT M$51.05 +.24 (.47%).
FAANG & MEGA-CAP were LOWER with GOOGL -23.03, AMZN -70.13, AAPL -2.74, FB -8.02, NFLX -10.69, NVDA -15.82, TSLA -5.02, BABA +1.26, BIDU +.63, CRM +.68, CMG -2.92, BA +4.02, CAT +2.63, DIS +1.16, and XLK $114.67 -1.80 (1.55%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +3.19, JPM +.53, BAC +.33, MS +.73, C +1.34, PNC +2.35, AIG +1.16, TRV +1.02, AXP -.68, V -.19, and XLF $24.99 +.28 (1.13%).
OIL, $40.16 +1.88, Oil was higher all day. I am looking for about another $1.00 or so before I would consider selling it for a correction. The stocks were higher with XLE $33.94 +1.31 (4.01%).
GOLD $1,970.50 +4.30, opened higher but gave up most of the gains and while it did close up on the day, it was near the lows. I did a short update video Wed: https://youtu.be/KJgk-wmVJ4U I am still a bull on the metal, and we have a September bull call spread on using NEM 65/70 calls with a cost of $1.45, which closed today @ $2.35.
BITCOIN: closed $11,015 + 200. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $12.07 +.12 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Profit Taking Tuesday

For Trading September 9th
PROFIT TAKING CONTINUES!
TSLA BIGGEST DECLINE
Today’s market started with the news that Mr. Trump got up early in order to continue to poke the Chinese Bear (they borrowed one from Putin, the thug) on the possibility that we would ban cotton imports and possibly blacklist another of their chip makers. Probably not going to get any traction, but you have to think that as well as AAPL and TSLA have navigated the issues surrounding their business in China, it could easily be put in jeopardy at any time. So, between that item, and the fact that the “BIG 6” wasn’t quite finished working off the run that it seems Softbank got started over the last month or so, we followed the leaders lower, rallied a bit until 3:00 and then sold off to make a new low and close -632.42 (2.25%), NASDAQ -465.45 (4.11%), S&P 500 -95.12 (2.78%), the Russell -30.71 (2%), and the best performer, DJ Transports -145 (1.29%). Market internals were soft with NYSE 3:1 lower with 3:1 down volume while NASDAQ was just over 2:1 lower. The DJIA was 26:4 lower with the biggest losers CRM -89, BA-66, GS & AAPL -56, and the biggest gainer was DIS +14 DP’s.
Tomorrow we have JOLTS (job openings) and mortgage applications to contend with. Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!! TODAY’S RADIO SHOW: https://youtu.be/DK2hmC0GXFk With my guest: Dennis Marlow! Tonight’s closing comment video: https://youtu.be/sZBKCQBEgm8
SECTORS: We started off the day with some Merger Monday action between Nikola and GM. GM taking a $2Billion stake in NKLA and NKLA planning to utilize the GM factories to build their “prospective” pickup truck. Both stocks were higher with NKLA gapping up to open $46.00 and trading as high as $54.56 and closing $50.05 +14.50 (40%), while GM opened $31.55, trading $33.33 and closing $32.38 +2.38 (7.93%). LULU posted solid earning growth and a beat on both earnings and revenues, but it just wasn’t enough as the stock which closed $349.80 -11.61 but then fell to $324 and is currently $329.50 -31.91 (8.83%). We also had a beat on both top and bottom lines at SLACK (WORK) but it too was short on guidance and “billings” and they took it out and shot it. It had closed $29.32 +.25 but fell as low as $23.27 and is now $23.85 -5.21 (18%).
FOOD SUPPLY CHAIN was LOWER with TSN -.85, BGS -1.89, FLO -.52, CPB -2.36, CAG -1.98, MDLZ -1.87, KHC -1.87, CALM -.03, JJSF -2.33, SAFM -1.26, HRL -.83, SJM -3.40, PPC -.23, KR -.83 and PBJ $33.06 -.95 (2.78%).
BIOPHARMA was LOWER with BIIB -7.82, ABBV -2.24, REGN -17.31, ISRG -41.25 the biggest loser (5.61%), GILD -1.87, MYL .17, TEVA -.34, VRTX -7.89, BHC -.16, INCY -.76, ICPT -1.16, LABU -2.56, and IBB $126.10 -3.18 (2.45%). CANNABIS: was LOWER with TLRY -.37, CGC -.64, CRON -.15, GWPH +1.59, ACB -.88, NBEV -.10, CURLF +.01, KERN -.10, and MJ $11.31 -.80 (6.61%).
DEFENSE: was LOWER with LMT -5.95, GD -4.74, TXT -.67, NOC -4.03, BWXT -1.32, TDY -5.18, RTX -2.02, and ITA $162.00 -4.64 (2.78%).
RETAIL: was MIXED with M -.6, JWN -.19, KSS -.15, DDS +1.11, WMT -4.77, TGT -5.03, TJX -.18, RL -.59, UAA +.31, LULU -32.41 (SEE ABOVE), TPR +.44, CPRI +.34 and XRT $50.18 -.74 (1.45%).
FAANG and Big Cap: were LOWER with GOOGL -64.42, AMZN -161.31, AAPL -8.64, FB -12.93, NFLX -8.06, NVDA -29.58, BABA 11.89, BIDU -4.54, CRM - 13.60, CMG -15.73, BA -10.62, CAT -.49, DIS +.01, and XLK 112.51 -5.61 (4.75%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with interest rates and GS -9.84, JPM -3.97, BAC -1.19, MS -2.89, C -1.75, PNC -4.59, AIG -.91, TRV -2.57, AXP -2.67, V -5.15, and XLF $24.54 -.75 (2.97%).
OIL, $36.76 – 3.01. Oil was lower in today’s trading and drifted lower all day. I am looking for about another $1.00 or so before I would consider buying it for a bounce. Nat Gas was - $ .19 to $2.40 and closed a gap left on the upside that occurred when we were long last month, and I am looking at UNG (NG ETF) as a proxy to get long.
GOLD $1,943.20 +8.90, sold off early but didn’t break below the $1905 area I am using as support. It turned back and rallied and closed right near the highs. I did a short update video today: https://youtu.be/KJgk-wmVJ4U I am still a bull on the metal, and we have a September bull call spread on using NEM 65/70 calls with a cost of $1.45, which closed today @ $1.91, and we also added some October 70’s at $1.65 which closed $2.08.
BITCOIN: closed $10,015 -605. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.11 -.90 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

For Trading September 16th

D.O.J. Joins the Inquiry on Nikola
FDX & ADBE BEAT
IPOB GETS A COMPANY
Today’s market started off with another rally but got tired and the DJIA barely stayed positive on the day. After dipping into the red, the DJIA managed to close +2.27 (.04%) while the NASDAQ ran the show finishing +133.67 (1.21%), S&P 500 +17.66 (.52%), the Russell +1.18, and the DJ Transports +96.12 (.84%). Internals were barely positive at 1.2:1 on both NYSE and NASDAQ with average volume. The DJIA was split 16 up, 12 down with 2, (MRK and PG) unchanged. The biggest winners were HD and CRM both adding 33 DP’s and the losers, CAT -32, PG and GS both lower by 22 DPs.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!! TUESDAY’S RADIO SHOW: https://youtu.be/DK2hmC0GXFk With my guest: Dennis Marlow!
Tonight’s closing comment video: https://youtu.be/OitvPWK2_mg
SECTORS: We started off the day with both Import and Export prices coming in slightly hotter than projected, Empire State manufacturing gaining 17% vs. 5.9 expected and industrial production missing on the downside at +.4% from a 1% expectations, and capacity utilization increasing to 71.4% just under the 71.7% estimate.
One of our holdings, IPOB.U, Social Capital Hedosophia Holdings, a SPAC run by Chamath Palihapitiya (also did the deal for Virgin Galactic) is taking OpenDoor into its structure and it was a big hit, having closed $14.19 and opening @ $17.24, trading as high as $19.75 before closing $19.14 +4.95 (34.88%). We’ll see how the public likes the deal as things develop, but Palihapitiya has an excellent reputation for building value. After the close we had earnings from FDX and ADBE and both beat both earnings and revenues and were rewarded. ADBE had closed $497.67 +11.76 traded up to $522 and was $508.50 +22.59; FDX closed $236.67 +.33 and traded up to $260.33 before finishing $257 +20.63.
Nikola attracted a bit more unwelcome attention with the AG in New York and the D.O.J. both joining the SEC in their inquiry of the company’s claims made to investors and the public about where they were in the development of their Hydrogen fuel cell driven trucks. The stock, which traded as high as $93.99 fell back to under $30 and rallied up to $54.56 just last week on statements from its founder and a deal with General Motors. This was before 2 research reports calling into question the validity of claims made and the SEC investigation pressured the stock lower. It closed $30.78 -5.01 (14%) today.
FOOD SUPPLY CHAIN was LOWER with TSN -.31, BGS -.74, FLO unch., CPB -.30, CAG -.02, MDLZ +.08, KHC +.46, CALM -.13, SAFM -.02, HRL -.44, SJM -1.06, PPC +.06, KR -.09, and PBJ $33.13 -.18 (.54%).
BIOPHARMA was HIGHER with BIIB +2.03, ABBV +.61, REGN +14.33, ISRG -.77, GILD -.14, MYL +.34, TEVA +.07, VRTX +2.43, BHC +.35, INCY -1.06, ICPT -.17, LABU +1.67, and IBB $136.07 +1.36 (1.01%). CANNABIS: was MIXED with TLRY +.02, CGC -.01, CRON -.02, GWPH +1.46, ACB -.08, NBEV -.04, CURLF +.10, KERN -.06 and MJ $11.36 +.06 (.53%).
DEFENSE: was LOWER with LMT -1.20, GD -2.33, TXT -.26, NOC -.43, BWXT -.24, TDY -2.18, RTX -.59, and ITA $164.66 -1.19 (.72%).
RETAIL: was MIXED with M -.25, JWN -.30, KSS -.17, DDS -.29, WMT +.81, TGT +.91, TJX +1.51, RL +.03, UAA -.08, LULU +2.18, TPR -.47, CPRI +2.00, and XRT $50.90 -.04 (.08%).
FAANG & MEGA-CAP were HIGHER with GOOGL +20.96, AMZN +54.16, AAPL -.50, FB -2.08, NFLX +21.26, NVDA +5.21, TSLA +29.93, BABA +4.49, BIDU +2.61, CRM +5.56, CMG +10.17, BA -1.75, CAT -4.01, DIS +.17, and XLK $116.50 +1.17 (1.01%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS -2.94, JPM -2.96, BAC -.47, MS -.70, C -3.12, PNC -3.43, AIG -.42, TRV -2.31, AXP -.59, V +.52, and XLF $24.72 -.33 (1.32%).
OIL, $38.28 +1.02, Oil was quiet and drifted all day. I am looking for about another $1.00 or so before I would consider buying it for a bounce. The stocks were mixed with XLE $32.68 -.19 (.58%).
GOLD $1,966.20 +2.50 opened higher but gave up most of the gains and while it did close up on the day, it was near the lows. I did a short update video Wed: https://youtu.be/KJgk-wmVJ4U I am still a bull on the metal, and we have a September bull call spread on using NEM 65/70 calls with a cost of $1.45, which closed today @ $2.36.
BITCOIN: closed $10,815 +110. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.95 +.10 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

VIEW SOURCE  bitcoin price chart with vx Bitcoin Chart Technical Analysis for 12-17-2019 Bitcoin to $14,000 in 30 DAYS! HUGE PUMP Blockchain Data Suggests! Stock Market & Crypto News BITCOIN WILL PUMP 30%+ NEXT FEW DAYS!!!? - According To ... BREAKING: BITCOIN BEGINS MAJOR MOVE!  NEXT 30 DAYS ARE CRUCIAL!

The current rate Bitcoin BTC is 45 472.06 zł.In the last 24 hours, the price of Bitcoin increased by 2.46% and the 24-hour volume of this cryptocurrency is 74842003853 zł.The cryptocurrency in the last 24 hours recorded the highest price at the 45 382.43 zł, while its lowest was 44 307.17 zł.The highest Bitcoin price in the last 7 days was 45 382.43 zł, and the lowest price was 43 394.26 zł. Nov 28, 2017 - "How Bitcoin Mining Works?" - Andreas Antonopoulos . Andreas Antonopoulos speaking about Bitcoin phenomenon and the Blockchain technology from the perspective of Bitcoin mining. Speech recorder at Massachusetts Institute of Technology in 2014. With bitcoin gaining huge media coverage as well as market cap, its no wonder that bitcoin scams are everywhere. Find out about the scams that are taking place and how to spot and avoid them. 30 Day High / Low: $0.064582 USD / $0.033955 USD. 7 Day High / Low: $0.045964 USD / $0.035022 USD. 24 Hour High / Low: $0.040713 USD / $0.039079 USD. Yesterday's High / Low: $0.041680 USD / $0.039079 USD. Yesterday's Open / Close: $0.041281 USD / $0.040330 USD. Yesterday's Change $-0.000950 USD (-2.30%) Yesterday's Volume : $685,913 USD: Sign up for our newsletter. Get crypto analysis, news ... Bitcoin’s 165 percent gain so far this quarter is the best second quarter performance on record and the highest quarterly percentage gain.. ... validating a more bearish setup on the 4-hour chart. The bullish outlook would be invalidated if the price finds acceptance below $9,097 (May 30 high). Bitcoin (BTC) appears to be powering to the best second quarter price gain on record and the best ...

[index] [41290] [10341] [24272] [29443] [5222] [45084] [37665] [18296] [4685] [16026]

VIEW SOURCE bitcoin price chart with vx

Welcome to Team Underground, I (Thomas) do weekly BTC price analysis on YouTube. I've been full time trading bitcoin for over a year now and I've decided to ... Join @hshoff as he walks you through making a 30 day Bitcoin price chart with react + vx + next.js. Recommend watching at 2x speed. demo: https://viewsource.now.sh/bitcoin source code: https ... On-chain analyst Willy Woo published a new Bitcoin price model showing a new BTC bull run could begin in 30 days. One fundamental metric just reached levels not seen since just before the intense ... Bitcoin has begun a major move in terms of bullish or bearish trend. In this video I discuss the details of btc price. Cycles of Bitcoin - https://www.tradin... INVESTORS With 1 Bitcoin To RETIRE Before 30? He's Buying BTC Every DAY! MILLIONAIRE Says BTC To FLY He's Buying BTC Every DAY! MILLIONAIRE Says BTC To FLY - Duration: 25:14.

#