Stocks...
Welcome to the mid-week shuffle.
Let instruments you’re interested in set up today before you get involved.
Bonds
30 yr. Bonds…could probe as low as 137.22 and hold.
FX…
EUR/AUD…is attempting an ORL day. Shorts should be defensive back above 143.90-144.
Commodities…
Gold…strengthens over 1326. 1300 is support.
Oil…August Oil Futures expire today. Day traders should be looking to buy the hard breaks.
General Comments or Valuable Insight
NFLX was a bust. Sell the calls to recoup as much premium as possible. These will go to zero in a hurry.
AAPL reports today after the close.
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Current Positions….
Long GLD 125 125 Stp Close
Long NFLX 25 July 500 Call 2.17
Long NFLX 25 July 500 Call 2.17
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Today’s Working Orders
SELL GLD @ 125.00 Stop Close “GTC”
SELL 10 July 25 500 NFLX Calls @ the Market
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