Trading Earnings with Option Spreads
Transports have started to find their footing, and with FDX reporting earnings tomorrow we may have a place to look for some binary opportunity.
Transports have started to find their footing, and with FDX reporting earnings tomorrow we may have a place to look for some binary opportunity.
Today we got exactly what the market had priced in as expected, but broke wildly on the event. Tonight’s video is mainly a plan to address what follows such an event.
Trading FED days is inherently risky with big volume pushes and false breakouts. Take a look at this video to see how I reduce my risk and identify the optimal time windows for initiating trades.
Here is a Weekly Setup that I am eyeing on AAPL as a potential longer term buy in opportunity to play for a bounce back up.
And this one is a Weekly Setup I am eyeing on GOOGL for a potential longer term buy, very similar to the AAPL setup.
The notion that the FOMC could tap the breaks on the rates hikes is not being reflected in the place that we would think it would: 10-year Note and Fed Fund futures. So what is the plan with today’s pullback in energies? Here’s the breakdown of the Night Before kaPowell.
The strength today seems to have reinvigorated some buyers, but what is the overall trend and the path of least resistance? That depends on where you look. In this update we look at what the FOMC is most likely to do and which trends will benefit.
The SPY weekly squeeze is beginning to fire to the downside, nested inside of a 3-day, 2-day, and daily squeeze. The 4-hour squeeze officially fired on Monday, which could trigger the market to a new low. We’ll be closely watching out for any major catalysts to impact this headline-driven market, specifically on Wednesday during Federal Reserve Chairman Jerome Powell’s statement.
The structure of the market is signaling that the path of least resistance is to the downside, potentially setting up for a new low. The weekly squeeze on the SPY is starting to fire short, nested inside of the 3-day, 2-day, daily, and 4-hour squeezes firing to the downside. We’ll discuss potential short setups on AMZN and TSLA that are firing squeezes on multiple timeframes.