In late June we placed a trade looking for cloud based human resource software provider WDAY to find support around the 80 level after a selloff. Since that time the stock failed at that 80 …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was June 22nd to June 26th:
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Back on April 2nd we placed a bullish trade on shares of Walmart (WMT) when the stock was 2% higher. To refresh:
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I learned a lot about trading when I first got in this business as a clerk for a very active trader of stocks and index futures. I assumed he must be pretty patriotic as he …
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At the beginning of March we looked at Salesforce (CRM) following its late February earnings announcement that saw the stock gap higher above $70 for 2 days, which was quickly followed by a gap fill towards $64. …
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Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was March 30th to April 2nd:
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Last night on CNBC’s Fast Money program I discussed the set up in Walmart (WMT) and think that current levels represent a good long entry using $80 as a stop to the downside, watch here: …
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Lumber Liquidators (LL) reports their Q4 results tomorrow before the open. The options market is implying almost a 9% one day move which is inline with last quarter’s one day decline, but well higher than …
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We’re not doing a ton of trading in this Holiday shortened week as we expect some slow drifts sideways or higher over the next 2 weeks and our preferred structure has been some put calendars. …
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Go figure, a few of my worst trades this year were long biased and in oil related stocks/etfs (CVX, USO and XLE). Exhibit A and B to stick with what you know and don’t be contrarian …
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