Stocks Daily Discussion

[pftq]

Yeah - going to close out positions before end of today.  Premiums might fall after election results.

Currently holding SPY 143.5x weeklies at $1 though - think we close near highs before election.

[wd1040]

Lol first the spreads get massive to mess with everyone's technicals. Then explode either way or nothing, just like normal :p

Sent from my Nokia N8

[ItsMeexD]

agreed. i held some GMCR and MLNX this morning, no follow through so dumped.

[ItsMeexD]

also bitter that i sold CMG too early lol. AOL monster all time highs again.

[pftq]

Watch BAC for tomorrow - setting up to break $10

[ItsMeexD]

im with you on that. will be watching GS

[Max Oltersdorf]

Bought some calls on ESRX this morning around 8:45 PST. for $2.10. Sold 1/3 for 2.65 and 1/3 for 2.80

[pftq]

Nice - yeah, I was expecting a bounce.  Just was impatient and tried to short for the pullback instead.

[pftq]

Every short signal I've been getting the last couple weeks basically played out.  Need to really take myself out of the picture and stop interfering with the trades.  Updated charts on the ones I posted before:
IWM Trendline Break from Oct.26

IWO Trendline Break from Oct.26

SPY Short via Comprehensive Strat from Oct.25


Just a ton of more trendline short signals today on the scans.  As usual, have to watch the close near end of day to confirm breaks, but just very disappointed at the moment.  Probably going to just stay on the sidelines until I have more time to actually watch the markets (lot of midterms + projects these few weeks until Thanksgiving).

[ItsMeexD]

long AAPL 560.78

[pftq]

Post screenshots screenshots you have a chance so we know what you're looking at. Hard to read phone app charts here to gauge. Good luck with the trade though

[ItsMeexD]

long $FB 20.53

[pftq]

Also helps if you start the chart on the next line - too much scrolling when the screen goes wide.  But good luck with FB - it's right in the middle so personally leaning bull nor bear on the direction.

Interesting to see more trendline breaks finishing their plays.  If you remember MNST's break a couple weeks back - today they just missed earnings.

[ItsMeexD]

i will do that next time, didnt know lol. ty for info

[pftq]

Comprehensive strategy added more short on SPY this past Friday.  I was out of town all weekend so I only just saw it.  Getting interesting since it seems to be coming out of the gate quite strongly (first live trade in October) and coincides with the onslaught of recent trendline short signals.