• Posted on May 22, 2018 9:34 pm
    By andros
    andros
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    So the other day I posted this to StockTwits and I felt like it was actually pretty cool. That could be my bias towards loving The Matrix trilogy, but I still found it clever (pats self on back). More importantly, it was a very quick lesson that I wanted to expand upon. It's an important one. $SPY Markets move fast in the presence of volatility. Slow down. Be ready for the incoming blows. Any of them. You'll fight better. pic.twitter.com/qa0ahxe2gh — Rishesh Singh (@androsForm) May 20, 2018

    Fundamentals
  • Posted on April 8, 2018 7:25 pm
    By andros
    andros
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    A member of my trading room asked me about my thoughts on the potential for a breakout in gold and the implications on markets. I told him about avoiding biases...our 1 on 1 conversation went a little something like this.....     That was my quick answer...at least in terms of the short-term potential for a spike in gold as markets get shaky here. Here's a bit more of an elaboration...

    Commentary, Week Ahead Analyses
  • Posted on April 3, 2018 5:00 am
    By andros
    andros
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    Picture of President Harry Truman

    Which is better, active or passive portfolio management? This is a debate that was running pretty hot for the lovely cushion of a bull market Quantitative Easing & the Presidential cycle brought us. Then we started pulling off the highs with aggression. A 'war' threat with North Korea. Escalating tensions with Russia. Tariffs. Fed rate hikes. In a (seemingly) over-extended market, pick a reason and you'll start to see some selling as soon as panicked longs find a reason to get scared. MarketWatch was kind enough to state the reason for all this pullback was mere $VIX. Yet that makes no sense. At all.

    Fundamentals
  • Posted on March 15, 2018 1:33 pm
    By andros
    andros
    No comments
    Image of Julius Caesar

    The futures are slightly in the green territory as of now...but they're fairly flat. [S&P +3.00 Nasdaq +6.00 Dow +59.00] Economic data this morning was decent; nothing warranting a real heavy push News cycle seems to be pushing the tech sector up, with $BABA offering on the Chinese Market being reannounced today and several Chinese companies receiving upgrades today. Beyond Ali-Baba, $BIDU $YRD and $JD are also up pre-market. You might want to try to catch upside on these via $FXI...or for individual names $BABA and $BIDU should be the leaders of the pack today. Notable upgrades & earnings out include: $FDX Maintained at Outperform and PT Raised to $280 $ASUR Reports record 4th quarter & raises guidance $AVGO PT announced at $340 by BAC $QRVO Cut to Underperform from Neutral by BAC $NTNX PT Raised to $58 [from $45] at Raymond James $ZION upgraded to outperform from market perform at Raymond James Notable News from a report on The Video Ad-Sector says the industry has seen a 31% drop in fraud rate. This should move bode well for $GOOG $FB $TWTR $SNAP & $TTD amongst others   As for the trading the market today...be careful with monthly options expiring tomorrow. Typically, to play on retail sentiment, they'll drive the market up at open, let it fade and idle for a while, then start buying to build bullish sentiment into the close. That might not happen today, but it's something to watch for. If you have any short-dated bullish options positions, I'd consider taking some profit off if the day goes as stated above...let's wait and see.   My favorite options flow from yesterday include: $LSI JUN18 $85 Cs $CALX OCT18 $7 Cs $MSFT MAR18 $ 100 Cs - SWEPT above ASK @ .044 [RISKY] $SEED AUG18 $2.5 Cs As always, stay safe out there and good luck. - dros

    Stocks To Watch, Unusual Options Activty