Options In Play – Fast Patterns And The 8day ema
I love the 8day ema as a trading tool because it helps set up fast patterns. Whether post-earnings or momentum-driven, the 8day ema can provide great levels to focus on.
Continue Reading -->Options In Play – Adjusting Targets/Stops As The Trade Evolves
Over several days to several weeks, levels that may have started out as important for the swing trade may be less so now, so you need to be constantly reviewing the thesis for the position as the trade goes on.
Continue Reading -->Options In Play – Risk, Reward, And Spreads
It is hard to understate how much risk and reward play into option spreads. When deciding when to book or roll, don’t lose track of the new risk profile.
Continue Reading -->Why I’ve Given Up
QQQ is starting to look weak and might be due for a pullback. But Sami’s given up on trying to predict the top. What signal is he looking for that will tell him when the market has finally reached a top? In this video, Sami explains: – Why he doesn’t think the market is interesting – What will make him like BIIB even more – His thoughts on Bitcoin-related names – Why he would pick MARA over RIOT – Which sectors are performing even better than COVID-related names
Continue Reading -->Scott Redler’s Dog Bytes: Talking Tech
Welcome to Scott Redler’s Dog Bytes, which gives you a selection of insights from Scott’s Redler Report newsletter. We have mixed markets around the world as the taper debate continues after Friday’s hot jobs report. Pandemic numbers are still rising to keep the push/pull in place. I believe the taper starts in December, not September. Europe is flattish while has Asia small green arrows.SPX futures are -9. Bitcoin has had a fantastic run from July 20 while gold and silver have taken it on the chin. As long as SPX holds the 4408-4429 area this week, it’s hard to get too bearish. I’m putting a tighter leash on AAPL. It felt very lethargic last week. I’m still long and will see if it can hold the $145 area. Those less active might give it to $142.55ish. I still think $150 gets cleared in the weeks ahead. A close above $147 with power would help that happen, but I’m a little more cautious.AMZN isn’t really finding many buyers after an underwhelming earnings report and no stock split. It did try to fill some of the gap, but there’s been no power. The longer it stays below $3391, the bigger the chance it breaks below the $3299 area. I’ll keep an eye on it, but I need to see something different to get involved.NVDA had a choppy move back near the highs. Some are long vs. the $192 area. Now we’ll see if it can hold $202 to make an attempt to clear $207-$208.75 for another new all-time high trade. Positions Disclosure as of 8/9/2021 at 7:43 a.m. ET
Continue Reading -->Options In Play – Reloading AMD Swing
What a move AMD has had! After closing a lot into recent strength, the question is where/when to reload?
Continue Reading -->Options In Play – Why Consolidations Are Great Ahead Of Earnings
While it’s tempting to play the stocks that are flying around into their earnings report, some of the best setups are actually the stocks not moving at all. From coiled patterns, comes explosive moves.
Continue Reading -->Options In Play – Swing Trade Clusters
Ever notice that when one good trade develops in a sector, you tend to see a few more follow along with it? Trade clusters pop up all the time, so it pays to dig into correlations.
Continue Reading -->T3 Market Wrap: How We Determine Quality
With earnings season picking up, we will discuss how to combine the market bias with our day-to-day trading. All of these strategies and patterns are taught in the Turnaround Trader Formula. If you struggled or missed out today, use it as a learning opportunity to figure out how the Strategic Day Trader room called the winners ahead of time.
Continue Reading -->Options In Play – Earnings On The Radar Week Of 8/06/21
The first week of August will bring another packed stretch of earnings. Expect a busy week of Tech reports and high beta movers.
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