Raghee’s Setup in SPY 12/17/2018

Raghee Horner Trade of the Week

Setting Up for FOMC. Buying Jan 18 SPY 258 Calls. I want to be positioned long before the 2:00 PM ET Wednesday FOMC meeting. Powell is widely expected to raise rates while also signalling the tightening cycle is near completion during the 2:30 PM press conference. That’s why I think a quick relief rally could occur. It’s a high risk play in that I will be very right or very wrong and therefore I could enter a strap straddle (a “lopsided” bullish straddle with a 2 to 1 call to put ratio).

Allison’s Setup in BIDU 12/10/2018

Allison Ostrander Trade of the Week

This Trade of the Week I am taking a look at BIDU for a bearish setup. BIDU has a full set of break out signals to the downside, the Daily, Weekly and Monthly EMAs are bearish, and a Daily and Monthly Squeeze are printing.

Allison’s Setup in BABA 11/12/2018

Allison Ostrander Trade of the Week

For the Trade of the Week, I am taking a look at BABA for a bearish trade. I like the resistance levels we have continued to hold, and we have room to move lower and retest support at 135.

Raghee’s Setup on XLB 11/5/2018

Raghee Horner Trade of the Week

Shorting XLB. After a good run-up with the US-China Trade War “cease fire” rumors (read: Shenanigans), Basic Materials rallied right into a trend following downtrend. It’s the correction that I am looking to take advantage of as well as many of the heavily weighted names in the ETF that are ripe for a short as well.

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