Don’t Panic, It’s Just A Triangle

Don’t Panic, It’s Just A Triangle

Traders, don’t panic on this selling into the close. As we talked about yesterday it’s just a triangle and we should find support in the NASDAQ at these levels. TSLA acts great in a down tape and we’re holding put credit spreads while this support...
I’m Losing Money On This Trade

I’m Losing Money On This Trade

Here was the stinker in NFLX we traded in real-time yesterday and currently we’re in the hole on this trade. But, the fight is not over yet. NFLX, like the stock indexes are triangulating and higher prices look likely. I just hope we can get there by Friday....
Streaming A Live Options Earnings Trade On NFLX

Streaming A Live Options Earnings Trade On NFLX

Let’s set up a live earnings trade for NFLX in the options market using a broken wing butterfly. Using Elliott Wave and Fibonacci analysis we select the ideal strikes and take you through the risk / reward of the options strategy. It’s looks like it can...
Talking About Financials On TV Last Night

Talking About Financials On TV Last Night

I was on CNBC’s Fast Money talking about earnings in the financials this morning. The results are out and they are not half bad, but the markets aren’t responding well and it looks like yesterday’s volatility is carrying over this morning… Todd...
Does The Yen Know Something The S&P Does Not?

Does The Yen Know Something The S&P Does Not?

The Japenese Yen is waving a major caution flag that US equities should probably acknowledge. We’re playing the break higher in the Yen with options and here’s what it all means. He Could Have Ruined Me! – Todd’s Trading / Lifestyle Vlog #29...