MRNA and PETS
These tickers have three things in common — high short interest, they’re on my COVID watch list, and they both have potentially hot setups. Let’s look at trade parameters.
Archives: Daily Videos
Opportunities at Highs
The bulls are showing their strength, but the put/call ratio is flashing a warning sign. MSFT, AAPL, and NFLX all made new all-time highs, and there are many COVID tickers like CHGG, MRNA, and WORK showing strength. I’m ready to get long, but cautiously.
Intraday Setups with the Long Bias
This is a shift we will stick with: The long side. In this video I discuss the 3×8 Prop dots, clearing range, initial balance, and VWAPS for entries.
3 Tips for Pinning Stocks
There’s 3 things I’m looking for when I’m pursuing a “pinning” trade. They don’t always work, but they’re worth keeping in mind for excellent risk reward strategies.
Everything Expiration
Witching expirations are a great time to be an options trader. Every trade didn’t work, of course, but we caught several names to the penny, and ultimately made for a great expiration. Let’s review those trades along with the plan into next week.
How to trade index alternatives
The indices are made up… made up of stocks and sectors. So a natural alternative (or addition) to the ES NQ YM futures contracts are not only the heavily weighted stocks within them, but also the sector ETFs which behave like the indices.
Trading the Sectors: NQ to XLY
This is a way to trade indices in a way that opens up to more control and possibilities, and that is trading the ETF sectors heavily weighted within the index. Here’s a breakdown of my bearish bias today, what I see for the remainder of June, and how I traded the RTY, YM, and XLY today.
Why now is a good time to shift to the daily.
The volatility we’re likely looking at going into tomorrow’s options expiration, and into the end of the month, where I am expecting significant redemptions, is going to be a solid opportunity for traders on the daily time frame, with patience for buying in the lower end of the zone. I explain why in this video.