Yall know I love trading the QQQ, but lately we've had a LOT of days of it doing a whole lot of nothing... (SPY pretty similar).
Here's yesterday and today on the chart of QQQ...
We had a few random spikes of 1% but over the course of two days have ended up within .25% of where we started.
Not a ton of conviction out there.
I am still bullish and I wrote in today's newsletter about the levels I am bullish at so be sure to check that out...
But right now, it's boring to be directional either way!
Here's yesterday and today on the chart of QQQ...
We had a few random spikes of 1% but over the course of two days have ended up within .25% of where we started.
Not a ton of conviction out there.
I am still bullish and I wrote in today's newsletter about the levels I am bullish at so be sure to check that out...
But right now, it's boring to be directional either way!
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Right now I’m looking forward to the 2024 Election Energy Superplay—where Big Moves meet Big Gains.
CEG up 49% post-Microsoft deal.
TAC surged 66% in six months.
VST skyrocketed 198% this year.
My pals Graham Lindman and Geof Smith are going to share:
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An energy play with a perfect 100% win rate.
No guarantees of future gains (and losses do happen), but I know Graham and Geof have done their homework.
Click here to attend their live broadcast on Oct 4th at 1 PM
CEG up 49% post-Microsoft deal.
TAC surged 66% in six months.
VST skyrocketed 198% this year.
My pals Graham Lindman and Geof Smith are going to share:
Why this election could send one energy sector soaring.
An energy play with a perfect 100% win rate.
No guarantees of future gains (and losses do happen), but I know Graham and Geof have done their homework.
Click here to attend their live broadcast on Oct 4th at 1 PM
❤5👍5
The thumbs down folks are winning the battle an hour in...
But I am not totally convinced we won't see a move later back to the upside.
If you're like me and you still have a bias to the upside, you can play a little intra day move REALLY cheap with a debit spread.
For example, just take the QQQ with today's expiration and buy the $483 CALL while selling the $484 CALL...
Should cost you around $0.52 which means pretty close to a 100% gain if QQQ does close above $484 at the close today.
Every once in a while, I like to take little stabs at these cheap daily spreads when the market has reason for optimism, shows it with a move up and then sells off too quickly... I think it tends to balance back out into the positive more often than not.
Not a high conviction trade here, obviously, just a cheap stab to see if we get delayed continuation on the original positive move.
But I am not totally convinced we won't see a move later back to the upside.
If you're like me and you still have a bias to the upside, you can play a little intra day move REALLY cheap with a debit spread.
For example, just take the QQQ with today's expiration and buy the $483 CALL while selling the $484 CALL...
Should cost you around $0.52 which means pretty close to a 100% gain if QQQ does close above $484 at the close today.
Every once in a while, I like to take little stabs at these cheap daily spreads when the market has reason for optimism, shows it with a move up and then sells off too quickly... I think it tends to balance back out into the positive more often than not.
Not a high conviction trade here, obviously, just a cheap stab to see if we get delayed continuation on the original positive move.
👍9❤1
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👍3
Hey folks...
Would love your opinion here...
I am doing some testing on a new idea I had and I am curious if this is something you'd want to trade.
Attached is the screenshot.
What you will notice is that the PROFIT FACTOR is not all that massive...
BUTTTT it gets a TON of signals.
So a lesser margin (Profit Factor) could theoretically stack up quicker.
And this is before optimizing it with options of any kind...
Is this something you would trade? 👍👍👍👍👍👍
Or would you be looking for something with a clearer edge and less total opportunities? 👎👎👎👎👎👎
I am honestly contemplating it myself right now haha SO I'd love your feedback
Would love your opinion here...
I am doing some testing on a new idea I had and I am curious if this is something you'd want to trade.
Attached is the screenshot.
What you will notice is that the PROFIT FACTOR is not all that massive...
BUTTTT it gets a TON of signals.
So a lesser margin (Profit Factor) could theoretically stack up quicker.
And this is before optimizing it with options of any kind...
Is this something you would trade? 👍👍👍👍👍👍
Or would you be looking for something with a clearer edge and less total opportunities? 👎👎👎👎👎👎
I am honestly contemplating it myself right now haha SO I'd love your feedback
👍28👎26❤1
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Thanks for the feedback on the testing.
You all confirmed where I was: About 50/50 on whether it was good enough to trade haha
The underlying concept is definitely solid, it’s just a matter of the trade structure which I’m still testing!
Do you like being able to weigh in on this kind of stuff while I’m still “in the lab” on it?
Some good news:
My latest testing took a BIG jump up and I think this one is a no brainer one to trade…
As soon as I started getting the data back, I did a few live trades and already hit 2 for 2 on live money with it…
Want me to post the graph???
Give me a 👍🏻 and I’ll share it here — it’s 🔥
You all confirmed where I was: About 50/50 on whether it was good enough to trade haha
The underlying concept is definitely solid, it’s just a matter of the trade structure which I’m still testing!
Do you like being able to weigh in on this kind of stuff while I’m still “in the lab” on it?
Some good news:
My latest testing took a BIG jump up and I think this one is a no brainer one to trade…
As soon as I started getting the data back, I did a few live trades and already hit 2 for 2 on live money with it…
Want me to post the graph???
Give me a 👍🏻 and I’ll share it here — it’s 🔥
👍52🔥9❤3
Ok check this one out…
Now tell me if THAT’S a strategy you’d trade.
A win rate of about 90% and a new opportunity just about every single day.
The data is looking about as good as anything I’ve ever seen and I have tested an ABSURD amount of strategies and trade structures…
OK, so give me a 👍🏻 if this is one you’d be pumped to trade!
Now tell me if THAT’S a strategy you’d trade.
A win rate of about 90% and a new opportunity just about every single day.
The data is looking about as good as anything I’ve ever seen and I have tested an ABSURD amount of strategies and trade structures…
OK, so give me a 👍🏻 if this is one you’d be pumped to trade!
👍104❤3
^^ One more funny note about this for now and then I will give you the full scoop later, but just had to share...
On Fri I put on my 3rd trade with this strategy — I was 2 for 2 after Wed and Thurs.
I put the trade on around 2pm ET and was hoping to hit the target today.
Just now, I opened up the brokerage account to get ready to manage it and realized it already closed Friday by hitting my target LOL
I literally had no idea I had already won the 3rd one when I was posting about it this weekend!
Anyway, 3 for 3 officially now with real money and I am getting really excited about this one.
As always, I will be continuing to test it in real market conditions with real money and putting all the details together for you!
On Fri I put on my 3rd trade with this strategy — I was 2 for 2 after Wed and Thurs.
I put the trade on around 2pm ET and was hoping to hit the target today.
Just now, I opened up the brokerage account to get ready to manage it and realized it already closed Friday by hitting my target LOL
I literally had no idea I had already won the 3rd one when I was posting about it this weekend!
Anyway, 3 for 3 officially now with real money and I am getting really excited about this one.
As always, I will be continuing to test it in real market conditions with real money and putting all the details together for you!
👍12❤7👎1
Getting some divergence across the Mag7 lately...
Today, NVDA still strong and META is a beast.
But TSLA, AMZN, AAPL all opening weak.
I think this divergence is something to watch as we get into more of a stock pickers market where the mega caps and fan favorites may not run all together and drag the market up even in more bullish scenarios.
We already saw that two weeks ago when the market made all time highs without those stocks being at highs which I believe was a BIG hint of the rotation we're seeing
Today, NVDA still strong and META is a beast.
But TSLA, AMZN, AAPL all opening weak.
I think this divergence is something to watch as we get into more of a stock pickers market where the mega caps and fan favorites may not run all together and drag the market up even in more bullish scenarios.
We already saw that two weeks ago when the market made all time highs without those stocks being at highs which I believe was a BIG hint of the rotation we're seeing
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Doesn't look like we're getting big buying stepping right in OR big selling doubling down...
On top of that, Gold and Energy are not busting out while everything else is weak.
On top of tat, Bitcoin is UP not down which means people aren't panicking at the highest risk asset level.
That means, to me, is that this softer open is mainly just a liquidity/rotational change so far. It's the first Monday of Q4 so that's not surprising.
I don't think there's clear bullish or bearish sentiment out there so I am not actively trading anything based on today, but if I had to make a guess, I'd say we're more likely to push higher through the day than lower just based on the mild action.
On top of that, Gold and Energy are not busting out while everything else is weak.
On top of tat, Bitcoin is UP not down which means people aren't panicking at the highest risk asset level.
That means, to me, is that this softer open is mainly just a liquidity/rotational change so far. It's the first Monday of Q4 so that's not surprising.
I don't think there's clear bullish or bearish sentiment out there so I am not actively trading anything based on today, but if I had to make a guess, I'd say we're more likely to push higher through the day than lower just based on the mild action.
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With billionaires, CEOs and the world’s most powerful politicians mega dumping their stocks at an alarming rate…
A Billion-Dollar Shockwave could rip through the markets…
Which could cause people to fearfully offload their own shares…
While others will see all the chaos as a buying opportunity.
Although I can’t guarantee results or against losses, I can show you how I’m targeting outsized gains on the Top 3 stocks the elites are selling (other than Nvidia)!
A Billion-Dollar Shockwave could rip through the markets…
Which could cause people to fearfully offload their own shares…
While others will see all the chaos as a buying opportunity.
Although I can’t guarantee results or against losses, I can show you how I’m targeting outsized gains on the Top 3 stocks the elites are selling (other than Nvidia)!
👍12
Little pop in the markets overnight.
Like I said yesterday, not seeing a ton of conviction either way, but I would keep ~$572 level in SPY and see if we can take it out with some bullishness if you're looking for longs.
Still watching ~$565 as a short barrier...
If we get that downside move, there will be a couple of interesting ways to play it which I'll talk about today LIVE @ noon during my broadcast.
Like I said yesterday, not seeing a ton of conviction either way, but I would keep ~$572 level in SPY and see if we can take it out with some bullishness if you're looking for longs.
Still watching ~$565 as a short barrier...
If we get that downside move, there will be a couple of interesting ways to play it which I'll talk about today LIVE @ noon during my broadcast.
👍5❤2
Nvidia CEO Jensen Huang dumped $700+ million of his shares in 2024…
Jeff Bezos sold Amazon shares worth $8.5 billion this year…
And Buffett’s Berkshire Hathaway sold approximately $97.1 billion just in the first half of the year.
A Billion-Dollar Shockwave is striking the market and could be setting up the next crash!
I can’t guarantee results or against losses, but I’ve designed a way to target profits no matter what happens.
I’ll show you how I’ll use it to target the TOP 3 stocks the elites are selling like crazy (other than Nvidia)!
Join me LIVE today at 12 PM ET.
Jeff Bezos sold Amazon shares worth $8.5 billion this year…
And Buffett’s Berkshire Hathaway sold approximately $97.1 billion just in the first half of the year.
A Billion-Dollar Shockwave is striking the market and could be setting up the next crash!
I can’t guarantee results or against losses, but I’ve designed a way to target profits no matter what happens.
I’ll show you how I’ll use it to target the TOP 3 stocks the elites are selling like crazy (other than Nvidia)!
Join me LIVE today at 12 PM ET.
👍8❤1
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👍2
You've probably seen CEOs continuing to sell off their shares...
Are we in for a shockwave?
I’m LIVE in 45 minutes to show you my way to target outsized gains on even SMALL moves on a stock, no matter what the market does…
Plus the 3 stocks Wall Street is dropping like crazy.
Grab your front row seat here!
Are we in for a shockwave?
I’m LIVE in 45 minutes to show you my way to target outsized gains on even SMALL moves on a stock, no matter what the market does…
Plus the 3 stocks Wall Street is dropping like crazy.
Grab your front row seat here!
👍5
LAST CALL for your chance to battle the Billion-Dollar Shockwave hitting the market!
Wall Street insiders are dumping stocks at an alarming rate, triggering more sell offs across the market.
But I couldn’t care less!
Because I’m LIVE NOW to reveal how I target outsized gains on even TINY moves on a stock, no matter which direction the market goes…
PLUS, I’ll show you the TOP 3 stocks Wall Street elites are selling like crazy (besides Nvidia).
Although I can’t promise returns or against losses, you don’t want to be left holding the bag if the crash hits any day now.
So grab your seat for this urgent briefing right now!
Wall Street insiders are dumping stocks at an alarming rate, triggering more sell offs across the market.
But I couldn’t care less!
Because I’m LIVE NOW to reveal how I target outsized gains on even TINY moves on a stock, no matter which direction the market goes…
PLUS, I’ll show you the TOP 3 stocks Wall Street elites are selling like crazy (besides Nvidia).
Although I can’t promise returns or against losses, you don’t want to be left holding the bag if the crash hits any day now.
So grab your seat for this urgent briefing right now!
👍4
Thanks for joining me to talk about Jump Trades today...
Looking for our next opportunity which should trigger tomorrow.
Also, 4 for 4 on live money with the new strategy I am dialing in that I told you about over the weekend.
This thing is looking 🔥🔥🔥🔥
I am gonna go live one more time tomorrow @ 4pm before I head out for the week (traveling out of town for a few days)
I want to cover a few tickers on my hitlist and give yall one more chance to take advantage of Jump Trades
So please plan on logging into Zoom around 4pm tomorrow!
Looking for our next opportunity which should trigger tomorrow.
Also, 4 for 4 on live money with the new strategy I am dialing in that I told you about over the weekend.
This thing is looking 🔥🔥🔥🔥
I am gonna go live one more time tomorrow @ 4pm before I head out for the week (traveling out of town for a few days)
I want to cover a few tickers on my hitlist and give yall one more chance to take advantage of Jump Trades
So please plan on logging into Zoom around 4pm tomorrow!
🔥5👍2