Tag Archives: QQQ
QQQ…Position Follow up
You should have sold 1/2 your position in the QQQ Puts. We’ve locked in a nice profit on the trade and will let the rest ride.
A.M. Look 5/15/14
Stocks… Spu’s…sustained price action under 1882 is needed for a further sell off. Nasd 100…still needs under 3575 to do any pattern damage. DAX…9600 is today’s support. FTSE…6995 is the 1999 high with resting buy stops above. This is the … Continue reading
A.M. Look 5/14/14
Stocks… IWM…110.10-50 is support and the no sell zone. This is the area where the shorts can get spit out the first time down. Nasd 100…needs to get under 3597 for any downside to materialize. A close under 3460 is … Continue reading
QQQ…Trade Alert!
BUY 23 May 14 87 Put (MOC) Market on Close. We’ve just had another good rally from oversold levels. Volatility has imploded. Tomorrow is a Full Moon and Lunar Eclipse, always a possible trend change event. The Ten year Bond … Continue reading
A.M. Look 5/6/14
Stocks… Spu’s…1894 is resistance. QQQ…the upside breakout is a close over 88.30. Yesterday’s low is your risk to be long (86.50 Close). PCLN…maintaining and closing over 1196 should see this rally to 1248. UNH…United health care is another beaten up … Continue reading
QQQ…Follow Up
We have a resting limit order in for the 85 QQQ 2 May Puts. These expire Friday. The Puts jumped after we put out the alert. Do Not chase this trade! This is a directional bet for the end of … Continue reading
QQQ…Trade Alert!
Buy the 2 May 85 QQQ Puts @ .30 or better This is a 10% position
Shopping List….Dream #’s
Nasd 100..should have a bounce off the 200 day @ 3365 ish. Shorts should be out of the bulk of their position @ this level. This is the spot to be taking off (locking in profits) on 75% of your … Continue reading
Pattern Reminder
SPU’s,SSO,Nasd 100,QQQ,QLD,PCLN, ASX 200 Futures,MVV,Midcap 400,XLK,XLV, Are all putting in ORH months. This is a bullish formation. Any one looking to short this formation before Early Monday morning is daft! PG,CB & some of the more mundane names look to … Continue reading
Midday Missive
The Italian Bonds (FBTPH4) are attempting an ORL day. All world Bond Futures are under pressure….Gilts, Bund, & U.S. Treasuries. VIX…14 is big closing support. price action back above 14.70 should be monitored in light of the Nasd 100 Pit … Continue reading