Pro Tips

A.M. Look 3/12/15

Posted on 03/12/2015

Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Downside support is 2024 followed by the 200 DMA just below 2000. Spu’s need recovery over 2044 for a start. Nasd 100…4333…4285…4265; these are the … Continue reading →

The Late Show

Posted on 03/11/2015

Biotech…Ride the ride until it blows! LGND,PTCT,ARIA,ARRY,RYLP These are all in play, meaning momentum is picking up to the upside. I just looked at the options and they too wide to play without doing risk reversals. Best off owning the … Continue reading →

USO…Trade Alert!

Posted on 03/11/2015

Time to Feed the beast and pay for the trade SELL 20 USO 17.5 Puts @ the market! They’re trading around .60 cents.

A.M. Look 3/11/15

Posted on 03/11/2015

Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Nasd 100…4333…4285…4265; these are the support levels coming down. They will not change. BIB & IBB…Closed neutral ” right on their momentum #’s. XLV…70.80 is … Continue reading →

The Late Show

Posted on 03/10/2015

It will be a biotech show IBB,NBIX,AGIO,RCPT,ALNY SPU/Bonds have just printed the 200 DMA going into 12:30 CDT. Trade the names that are working and they’re all in Biotech. I’ve been looking at calls in the above names as well … Continue reading →

USO…Trade Alert!

Posted on 03/10/2015

BUY 40 3/20/15 17.5 Puts @ .39 cents

Midday Missive

Posted on 03/10/2015

Europe is not on daylight savings time for another 2 weeks. The close is 11:30 CDT We just missed getting filled in GOOGL. I’m leaving the order in, however it could spike through the level to closer to 554 and … Continue reading →

A.M. Look 3/10/15

Posted on 03/10/2015

Stocks… ZIOP…this name can run. The 10%+ break followed by the 15% rally off the low ( all in a few hours) can lead to much higher prices. This has doubled since I first bought it. Names like this can … Continue reading →

Yen Working Orders

Posted on 03/09/2015

So far we have not been filled. Unable. We’ll leave the Options order work in the FXY until today’s NYSE close. Cancel the Futures and Cash orders to sell Yen outright @ 4 P.M. EST. Tomorrow we’ll take a fresh … Continue reading →

The Late Show

Posted on 03/09/2015

The buyers are back. QQQ is a low risk buy with a stop @ 107.10. Basically Long NASDAQ risking today’s low. SSO…is a low risk buy against today’s low. Disney… still like the name risking today’s low. I’m still looking … Continue reading →