I'm gonna make a prediction on the SPY: If it can not maintain and close above ~291.85 (weekly mid-BB) at the end of trading tomorrow, we will see a down week next week. We haven't seen much range this week, with the difference between ...

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I know I said I wouldn't, but it just got down too low for me not to get some more....chart still looks good and I have 30+ days left and this drops the average a lot, so even a smaller move will put me in the money....looking for a move up to ...

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Good deal! Like my granpappy Moneymaker0 used to say: "You won't go broke taking a profit!!"…..

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Couldn't get into THO this morning. Had a Bid in up to $2.20, and some traded at $2.14, but mine never got hit. Had to be a Market Maker thing, as you can't even bid in $0.01 increments....

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The right side of the diamond just looks like a Flag pattern to me, with the same outcome....either a continuation or a fail. Heck, you can get a fairly accurate direction with a simple trend line break. I just don't understand why the belief that ...

The end of the US stock market is nearing

On my Weekly chart, it looks very ripe for a drop, with the next stop on the weekly being around the 139 level (5EMA). On the Daily and monthly chart, it looks ready to drop, just not as ready as on the weekly..... Hope this helps...

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Not a whole lot to look at for tomorrow, but one that is worth noting: THO Sep20 45 CALL @ $2.10 or better Waiting to see what futures start the market at in the morning, might can get it cheaper if there is another dip at the open. Ask price is ...

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Here is a good link to the national Economic Indicators from the Richmondfed.org site: url By the end of 2008, many, many people were unemployed. Consumer spending was down. People weren't building houses any more. People saw their IRAs and 401k ...

The end of the US stock market is nearing

Sitting here looking at the charts, I am musing over the fact that I'm old school and still use indicators, though only a few. But I am a visual person and I just like to be able to glance at them and get a good feel for what is going on, at least ...

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Yeah, that sucks! Sometimes it's best just to close the trade early and at least salvage some of your money....

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Added to the following: HQY Sep20 65 CALL @ $2.65, bringing the average down to $3.05 More money than I probably should on this one since it is still pricey, but that chart looks great for a bounce up....so should be set for some decent bucks....

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Out of: DIA Aug16 256 CALL @ $2.04 up from $1.86 Not a killer amount, but spendable money none the less....

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Just got in: DIA Aug16 256 CALL @ $1.86 More of a gamble than a technical trade, so only looking for a little profit at the open tomorrow.....

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Canceled this bid since I have the $65 CALLs....won't get hit.

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In the following: HQY Sep20 65 CALL @ $3.50 Had to hit the Ask price, they never came down to $3.40 Bid, so just barely got it.... But, it should be good for some decent bucks on the bounce...

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Have a bid in for the following, though I doubt it gets hit: HQY Sep20 70 CALL @ $1.50 I would go to $3.50 on the 65 CALL, so I'll watch it to see if it drops a little more...

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I think the panic will wear off pretty quickly on the recession scare. The Fed already talked about lowering rates, and this may indicate a possible recession two years out, so I think a lot of the drop was just algorithms doing their thing with the ...

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Well, errands didn't take as long as I thought, but it doesn't look like I missed much. The mid-BB on the monthly chart is roughly 25660, so that is the next support level. The lower BB on the daily is roughly 25400, and the lower BB on the weekly ...

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Have to run some errands before 10:00, so I'm out of the following: AMGN Aug23 205 PUT @ $5.10 up from $3.10 Has a little move left to get down around $200, but I don't like to trade away from the computer. Still, not a bad trade for <1hr......

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In the following: AMGN Aug23 205 PUT @ $3.10 Thought I would miss it this morning due to the drop at the open, but it came back into positive territory long enough for me to snag some.... Should make good money with this...I'll get out around $200 ...

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