This is an exclusive, members-only webinar that takes a deep dive into our current positions, potential trade setups, our trading methodologies, and have all of your questions and comments addressed! (more…)
We booked some profits today in MSFT and NFLX as the indexes are moving into resistance. Let’s see if D-wave Fib resistance zones hold! I did forget to mention AMZN and will be holding based on the result of the test of the index resistance already mentioned.
0:00 – 6:10
-Facebook Group
-Member Webinar tomorrow – dreams of that being on Facebook live for Join Now
-MotiveWave Training – filming now
-New Member Walk through
0:00 – 6:12 – S&P – NYSE Tol Vol Low.
6:12 – ADD / SPX divergence?
8:40 – SPX – 23 APR fly – market better pullback.
12:00 – SPX – income fly – doing fine
15:52 – NDX
16:00 – RUT
16:30 – NFLX – booked 1/3rd profits. Holding for more
21:35 – MSFT – trade result and math to show you how much we made..
S&P 500 moving towards our D-wave objective of 2670 so we’ll have to monitor our positions closely and adjust accordingly. MSFT longs acted well in an up tape as did our AMZN shorts. New positions unbalanced income fly in SPX, an earnings trades in NFLX, and some fun news on the Gordon home front.
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Futures higher on news that Trump tweeted “Mission Completed” regarding Syria. Was that all? The rally in the indexes was weak even before that news so we’ll see if there is sufficient strength to carry us towards our d-wave objectives. We did book 1/2 profits in the SPX butterfly and began to short AMZN so I’m thinking the gains won’t hold. Also, we have a new Member’s facebok group
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Friday the 13th for financial earnings tomorrow? Hopefully that’s not a bad omen. The indexes tried to break out, but the NASDAQ and S&P are trading like they are in wet cement, but the Russell has made some nice headway.
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This is an exclusive, members-only webinar that takes a deep dive into our current positions, potential trade setups, our trading methodologies, and have all of your questions and comments addressed! (more…)
Another quiet day that saw moderate gains and the market highly focused on Facebook. We put new longs to work in SPX and will continue to lightly favor the long side heading into earnings season.
NOTE- Tuesday’s MEMBER Webinar is going to be pushed until Wednesday at 10:00 AM EST. REGISTER NOW
Consolidation continues as are very light in positioning with one MSFT butterfly that’s in play. FBI raids Trump’s lawyer’s office and hits the market on the close. Just waiting for follow through in the indexes as transports and industrials lag.
NOTE- tomorrow’s MEMBER Webinar is going to be pushed until Wednesday at 10:00 AM EST. REGISTER NOW
Highly volatile ranges here making the trading landscape challenging! Licking a few wounds here, but nothing that won’t heal up over the weekend. Range resolution most likely next week.
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