Who knew I’d be turning to China for an online education?
Well, that’s just what I endeavor to accomplish with a trade I’m working to enter today. [Read more…]
Expert technical analysis of financial markets by JC Parets
Who knew I’d be turning to China for an online education?
Well, that’s just what I endeavor to accomplish with a trade I’m working to enter today. [Read more…]
The fine gentlemen at All Star Charts have released with latest Quarterly Playbook with themes to be aware of for the next three months, as well as trade ideas within sectors and individual stocks that are setting up. Head over here for a deep dive and great read.
One idea that stood out to me is an e-commerce company focused on pet supplies and medications. No…. not pets.com. LOL [Read more…]
Quick update on our NKLA trade that we entered on Wednesday. [Read more…]
Believe it or not, there’s a “tech” stock out there that is ripe for a short trade.
I know, I know…. shocking. I was surprised too.
And it’s offering a nice bounce to sell into today, so let’s get to it! [Read more…]
A recent favorite among Robinhood traders, Facebook $FB is consolidating near all time highs and put in a clearly defined risk management level last week that gives us a great level to lean against on the long side: [Read more…]
by JC
This is the video recording of the July 2020 Conference Call for Members of All Star Options [Read more…]
As July gets under way, it’s time to review positions with July options that remain open (haven’t already hit profit targets or been stopped out).
Most trades I put on for All Star Options tend to have a minimum duration of 30 days (short premium plays) and often as long as 6-8 months (for long premium plays). As options approach expiration, greeks like theta and gamma start to become my enemy and whipsaw my P/L. Therefore, as options and spreads get into the expiration month, my best practice is to put each position on notice — it’s time to take action. [Read more…]
Well, since we’re all stuck at home for the foreseeable future, we might as well spend some money on making “home” the best we can make it. Those long dormant “some day” projects that have been rattling around our brains all seem to be taking on a smidge more importance these days.
Americans seem to be getting back to work — at home, ON the home. The chart of Home Depot $HD share price certainly bares this out as we’re currently hanging out at levels above the pre-coronavirus selloff: [Read more…]