CVNA is still a bearish position for me I plan to put in a 70/75 Bear Put Spread as it seems to be continuing sideways I felt my 60/65 spread was too close and I took a loss on it. In the end it may still have been a fine position I could have over reacted out of fear.
I plan to put on this trade $70 profit max loss is $430 I will buy 2 spreads
$140 max and...
Tesla may be moving higher as its hit support at the bottom of its move. It may go lower but I'm going to assume that the move is finished and put in a long position on TSLA.
Investor meeting was fruitful and got a good reaction after hours. SPY will be moving sideways on indecision as investors are hyped due to the Powell put but still concerned about trade...
CGC credit spread 5x $120 premium, exp May 31
Looks like bearish divergence on RSI daily and weekly.
Trend is weakening as no new participants are really coming in after recent moves.
Journal entry and not advice.
I hope you have had a great journey of investment so far!
Maybe we are at a critical moment turning around.
This indicator shows the Treasury Yield Spread with its default spread of 10 Year minus 3 Month. You can also specify 10 Year minus 2 Year in the settings.
The indicator 'Wasabi Tool: Treasury Yield Spread below' can be applied to DOW...
COLM credit spread will be setup tomorrow and it'll be 90/95 Credit call Spread. EXP June 21
Support broke and it fell below $100 it may continue to fill and go a little bit lower. SPY is going lower as time goes on as volatility continues
AAPL could range around 160-190 as the price continues to move lower, the spy is fading and mexico tariffs are coming. This will be bearish environment as the greater trend. The lesser trend in appl is also bearish and may move sideways now that the price has dropped lower.
155/160/190/195 Iron Condor, EXP July 19, Max gain/loss 154/346
I plan to take at...
I bought a call credit spread against "A" 72.5/77.5 Credit spread exp June 21st Fill Price 2.49
Earnings are tomorrow but due to the uncertainty in the air with the whole tariff move courtesy of trump everything that recently looked good will look less good because everyone will be skiddish. Let's see how it pans out.
Max loss $2.51 + commission
This is a...
Our Logical Trading Systems (Smart Volume Spread Analysis) signals a Cautionary Long Shakeout (Strength) Signal on AUDUSD Hourly
After a fairly long move down it looks like some *cautionary* strength is coming into the Aussie Dollar pair.
The target is the SML (0.69880) just above entry (0.69762)
While I would rather see valid strength than cautionary it does...
Hope this idea will inspire some of you !
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Hello fellow traders,
in this TA I point out three possible movements by using my crystal ball and some ta skills...
Green arrow = most likely scenario, the bearish pennant plays out and we drop towards 2k and even lower ranges (A lot of other indicators point in this direction. Bearish divergences, Moving Averages, Stoch RSI 14,14,3,3 and so on)
Blue arrow =...
Earnings: Wednesday after close
Technicals: STRONG BUY
Zacks Rank: Buy
1 yr: Seems to trade very horizontally
3 yr: Bottomed out at $9.56 in 2017. Considering it is $22.81 now, that's pretty good recovery.
It jumped March 19th, 2018:
Looking at old news articles, it soard 28.3% after they announced their Q4 earnings.
Revenue is expected to jump yty +22.6%
Gold/Silver spread is still strong with a Gold/Silver ratio around 83, indicating strong bias to gold. With incoming panic in the markets, debasement of the dollar, or both, we can expect the bullish move in gold and silver to continue in the long-term despite all attempts at suppression within the futures exchange. Silver has some serious catching up to do post...
Canadian benchmark rate is at 1,75% and is expected to rise gradually but is dependent on the oil prices, as growing concerns
over growing surplus and lower demand. Canada is highly dependent on the U.S. economy where there are expectations
on a slowdown to more sustainable pace through 2019. Consumption spending and housing investment is slowly weakening, and...
Both UKOIL and USOIL are important in the energy sector, as they reflect the two most important types of Oil: UKOIL refers to the Brent crude which is extracted from the Oil fields in the North Sea, and USOIL refers to Western Texas Intermediary (WTI) which is extracted from the Oil fields in the United States. UKOIL is the reference Oil price for about two-thirds...
High spreads between US10Y - DE10Y and US05Y - DE05Y, Can indicate some more downside risk for the euro.
There is also some hidden divergence marked with green lines.
European money is flowing into less riskier assets, as EU economic forecast have been slashed, while some banks are saying that the german economy is headed for a recession which is one of the...
Last couple of times we have had this tight spread between US05Y and US02Y a mayor decline in the S&P followed
Before the declines, we saw some increase in volatility. The same kind of volatility happened last year.
Could we see a mayor decline, or a correction this year, or will the S&P just keep moving up?
Global growth forecast have been slashed across the...
Buy: $84 Put 02/08
Sell: $79 Put 02/08
Buy: $74 Put 02/08
Max Profit: $750
Volatility contraction trade, TP around 10-20% of max profit. Somewhat risky but with a nice 3:1 Reward/Risk ratio.