Week #72 at the Tavern.
819/2 strategies.
Light week due to seasonality. Low noise, selective trades, no forcing.
Horses this week: $AAOI, $HUT, among others.
Consistency over excitement. Small wins compound.
#optiontrading#StockMarket
I still hold to my position of #Hyperextension in names like: $MRVL and $BE. Buy you synthetic puts or regular puts.
Those who think all stocks can climb to the sky like $CAR and that you can get out at a profit, think again!
#StockTips
$MRVL just received an upgrade (the usual price chasers) by an analyst. I SAY: sell it! It is #Hyperextended
Let's see who got it right!
#StockFocusnews
3/3
" $PL is also in #Hyperextension." Buy your puts cheaply now on this one, or buy a synthetic one. Notice that I say "cheaply", it is because the $VIX is at its bottom for now. Again, mark my post!
#StockMarketEmpire#StockFocusnews
1/3
These are must-read 3 posts, from the man who does not post every day.
"The time to buy has ended". I said we were in #Hyperextension in basically all markets, and advised to buy. This advice is no longer valid.
#stockmarkettrader#StockFocusnews