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Good stuff, I see SNAP rebounding nicely
THe Chart says good things are coming :)
Sam EOD Oct 11 picks: Options doing well!
Made a quick paper basket of Calls for ones with viable options --
Basket 'cost' $3730, now up $510 (before those horrible commissions)
to $4240. All due to calls in SQ and I
** However I didn't have time to plug in the Call prices from EOD, I entered last price which could have been from 0930 this morning.
Still most are flat from those prices and we are up $500 which is decent!
I'm currently constructing a Share Basket for these
Watching SNAP and others
Sounds good Sam - wow SNAP!
Looks like it may have peaked for now, but that's what the STP Chart is for
Good stuff! :)
Ahoy Sam and All - I'll check those out for some sweet plunder :)
I didn't notice SNAP unfortunately, --look at that chart!
Good to hear from you Sam, hope the reconstruction goes better than planned.
We're taking care of business a bit, albeit things are slow right now haha
Talk to you soon,
TV
Yeah there was a large sell off on a lot of things after the gap ups.
Profit taking is good -- if you get in on time!
XLK certainly bouncing back, hope it can sustain that!
Good morning! Wow that is a getaway, you enjoy yourself Global :)
Fresh venison, beans etc, excellent cider. All topped off with a cigar, unreal...
Glad you had that Bowie knife with you.
Good times :)
Point well taken - If / When the big correction comes - Metals and VXX
(At least temporarily) VXX can be wild.
I first suspected the correction was coming over 18 months ago and boy was I wrong.
SPY for tomorrow definitely. And yes GE was beaten down, could be a good chance for a rebound.
Watch those charts Mateys!
No worries, you guys all deserve a rest. Not that you're resting ...!
At least, don't worry about stocks for today, lol
Good morning Sam and everyone
Markets may be open today (?) But I don't know if anyone has time to look at it today. I'm also tied up today, catch you tomorrow, happy STP Crew!
A little OT can certainly help
I hope you enjoy the rest of the weekend!
Ciao brother
Morning Sam and Crew :)
Relatively slow week on here. I think everyone was very busy with real world stuff.
I've been compiling data on results from Scans and keeping track of how the Picks are doing. I see what you mean by mind boggling -- it gets hard to keep track of this stuff at times. Especially without enough sleep, hah
Blackshire noted that GDX dipped on Friday morning but was showing signs of a comeback, on the chart. We went in on paper and at one point he was up 500 percent. Wowsers!
The power of options, as you've said.
Hope you and everyone has a peaceful long weekend.... Well-deserved!
Thx for the FYI, next week is also full up, gotcha. Gotta love those unexpected complications :P
TTYL,.
TV
Columbus-giving, I like it :)
Wow that was a serious run with GDX on the paper calls yesterday. Kudos to Blackshire for calling that one!
From when you called it - wow!
Put that in the notes, B! Good stuff.
Next time I hope you can capitalize on it.
I hope all of my Mateys have a great long weekend. Columbus Day is our Thanksgiving up here, it's gonna be tasty!
Peace, everyone :)
TV
Patience and avoiding FOMO are the order of the day :)
Lol tell me about it
Global had particularly warned against holding overnight. But sometimes it's so tempting, or if it's down, you hope it'll reverse in the coming days.
Overpaying had been one of my regular mistakes,
Nothing worse than expiring worthless!
Good lesson from this morning: Get in and get out fast
Yes I hear you. Next time it will be , my friend
I'm already up almost 100 percent, the 23,50 and even the 24s
Nice call, you spotted the bottom and the coming rise :)
GDX yeah baby!
GDX Calls, copy, I'll follow you on paper :)
'Picked up' Oct13 calls for 23.50 (.11 ) and 24.00 (.03 cents)
You got it Pontiac,
We certainly want to find these before the run, preferably before a juicy Gap Up.
Loooool Facebook is great, but it also eats up the time :P
A quick answer is - we want to get em before they run!
So yeah, as the pinch is forming seems to be a good result, imho.
Then one can look at the chart and decide whether or not it looks to be ready to open up / Unpinch.
Another goal is finding these guys before a nice Gap Up at the open (or Gap down if we start going into Put options)
Good stuff :)
Scan Discovery - Last Intraday works
Okay I've tested results with 2 scans and results are entirely different depending on whether you choose 'Last Close' or 'Last Intraday Update'
- Scan 1 - Intraday had 28, Close had 24: Only 1 was on both lists!
- Scan 2 - Intraday had 7, Close had 15: NO common tickers between lists
- Scan 3 - Intraday had zero hits, Close had 5, obviously none common :)
*** In a way, the dropdown menu with 'Last Intraday Update' is kind of what we are looking for, in that it applies filters to pretty much the minute you apply the scan.
BUT We have to PRESS the button, and deal with filtering, analying the results. I'll look into this more, but I don't have to tell ya that comparing lists like this every :10 minutes is onerous and confusing, not to mention watching charts on some/all of them! hah
You could say... it's precisely what computers are great at! Which is why we should all ask Stockcharts to please offer Intraday / shorter time frame search capabilities. The Scan Engine could chug through all of this and return the kind of situations we are looking for :)
We need search strings like 'Hour' or '10 Minute' and so forth, not just 'Daily Close' etc.
Okay sorry to bend your ears, Mateys
TV
Scan settings and timeframe
Ahoy hoy, you have run into the same problem we have all been having: Timeframes for the Scan. I'm not entirely sure if it using only Daily values or hourly or what. I do know that Stockcharts current policy is that they only offer Daily.
However, i'm still playing with the 'Last Intraday Update' feature (dropdown menu at the top) where it offers times that are quite up to the minute. Not sure how this applies to the searches, but I assume it does what it says and appllies all of your filters up to the time you run the scan.
** Please contact them, there is a handy form on the site under 'Contact' and ask them to offer Intraday / shorter timeframe Scan capability. They got back to me and Sam with basically 'We will take it under advisement that our clients are interested in such a feature and we have to be careful introducing anything new' (it has to be tested and work etc etc). So the more of us who ask for this, maybe it will convince them to add it on.
For your CCI(20) filter, or any of these parameters, the value only had to fill the requirement for just a second (or maybe a minute) at any point during the search window. So it may be hard to find on the chart unless you zoom right in, etc. But CCI(20) should have gone below zero on the returned stocks at some point.
Good luck, sir!
Morning B and everyone -- watching NRG etc
NRG is really pinching, things are looking positive there!
QQQ was off like a rocket
Good stuff, keep on thinking AND swimming :)
But get some rest, too. Especially if you're not used to the early mornings. I used to be, but not so much anymore.
I'll be posting some Scan results tomorrow, have a good one
Hang in there Blackshire!
Everyone's busy this week, ya know how it is :)
I'm at work right now, and working on scans and tallying results when I can. Being exhausted doesn't help with concentration... lol
Rest that mind, and take it easy tonight my friend!
TV
Good morning!
Super late night for me, just waking up, myself. I'll check in soon!
Crazy construction over there :P
Has it ever -- MJTK bring it on!
That is an awesome PR, thx Greasy!
Update on Last week Scan Picks:
(When I last checked)
TUES and SPPI were still going strong, options up bigly again today
WOW, PETZ up another 100% just today (before 10:30) that is a monster
Sept 28 picks doing well still! Mostly up today, and overall basket up 60%!
Sept 29 picks ALL UP today! That group was lagging on the Monday, but are all up in Tuesday trading and basket is now in the green by $80
As you would expect, the Option basket for these are up handsomely.
Basket was $4340, now up $540
Good stuff from the STP Leadership! Y'arrrrrgh
Gotta run, time to shave lol get ready for work, ciao for now
Hey there Global :)
Thanks for checking in sir. Exciting things happening here, stay tuned when you can!
TV
Early Scan Pick Results:
ECYT RIGL VHC QTRH SGEN ATEC MFI.to
Basket $11,160 opened around $11,300
7 top volume picks - 3 up, 1 monster gap up today, 4 down but mildly
- We've got a major runner with ECYT! Calls were up 300 and 388%! Over $4000. Net brought down by the rest of them being down.
Shares - After :30 min trading, basket was up just over $110, which is not much considering the risk of $11 K involved. Real story here are the options -- ECYT Calls knocked it outta the park by bringing the overall option basket up $3500 by 0945.
By 10:15 even this basket was in the red, a few dollars, so that was the current peak, at least for today
TRN CXN.to ENDV ACRX EPGL OWCP CAMP THO THCX.to
4 up or flat, 5 down (basket $8080) Opened around $8040
- All flat or down at the open, about $100 down. Didn't have time to do an option basket for these
- By 10:40 it was greatly improved, 8 stocks up or flat. Overall basket still down $9 hehe
Yes, they've been crushed down lately, but they're coming alive :)
GRPN thing of beauty - thx Sam!
Morning sand :)
I'll be reporting on some more EOD / Scan results shortly
Ah man, sorry to hear that Kim.
But an end to his suffering seems to be the best choice at this stage. Bless him and your husband, your whole family. Take care of yourself right now, it's such a tough thing.
Good morning! We'll do our best Capn :)