AMZN riding that channel up, new highs beget...

$CRM $DWRE - Salesforce.com acquiring Demand-Ware $75/Share in $2.8B Tech Deal

There is a buyer and a seller for every transaction. You never know for sure who initiated the transaction, but clues can be taken by the purchase point (bid/ask) and option OI the following day. Either way, someone thinks a rest is coming or wants to hedge a large position.

NFLX - With RSI rolling a bit, looks to be consolidating sideways to cool it's heals. With a best case scenario bull flag, a break of 103 takes it quick to 107. Probably a week before that happens though. Break of 96 and it sees 90 again.

Over 100k July SPY 204 puts bought yesterday...

Yoooooooooo!

Nice LNKD piece:

Why LinkedIn Stock (LNKD) Looks Poised To Rally | See It Market
http://www.seeitmarket.com/linkedin-stock-lnkd-looks-poised-rally-trading-15724/

QQQ - If it can clear VBP band @ 111.20 it should make quick work of R1 @112.43. Showing amazing strength closing outside upper BB 5 days in a row #momentum

AMZN - Price stopped EXACTLY at top of VBP band. 10EMA above 30SMA (bullish), MACD above midline, needs bullish cross.

Yeah....CMG - Below major VBP band, RSI and STO both crossed under midline, MACD bearish cross under midline, price below 10 EMA and 30 SMA, both of which also pending bearish cross (10 under 30).

BTO QQQ 112 calls @ .05

In a few CMG 420 puts @.50

In a few AMZN 740 & 750 calls @.40 & .15 respectively
Eyeing LNKD

From RD:
The last day of the month has been rather weak for the S&P 500 lately. In fact, it has been higher just 3 times the past year.

News or technical?

LNKD back at 131 breakout zone. I'm back at the .1 BAL currently....time to switch to water (nope)

Thanks buddy, enjoying to the max (although pissed I didn't leave a GOOGL runner on for this afternoon)

Love Fridays...on to my new trade, long margaritas, short reality

Out last of GOOGL @ 1.30 from . .35
I'm out...enjoy your weekend peeps!

GOOGL - 755 looks like a sure thing next week.

Don't forget market closed Monday. Will be some significant decay. I'm clearing the entire ledger for the weekend.

Sold 1/2 GOOGL 745 C @1.40 from .35

BTO GOOGL 745 C @.35

Gracias

Yo yo yo....back in the keys for the long weekend. May or may not trade today

FB showing relative strength. BTO FB 122 @.02
50 contract lotto

Yep

Well....there's always that:
CHIPOTLE RESUMED OUTPERFORM AT BERNSTEIN, PT $564

Jesus...hell of a rollover. I almost followed but thought it was out of gas. #beasting

I was just yesterday going through a list of companies I think AAPL should buy to position themselves with passive, consistent income. NFLX is still a debt burden, and TWX.....I did not have that on my list. Short TWX....doesn't make sense.

No worries....I don't often get full weeks of no work, but I have a couple weeks behind a monitor and figure I'd post more of what I look at day in and day out. Hope it helps someone/anyone.

CMG - Now, here is my technical brain saying down is the direction. CMG has tagged the 38.2 fib retrace on every move down since October of last year. It is currently sitting at the 38.2 fib from this recent move down....also happens to be the bottom of the cloud, and a massive Volume-by-price band.

CMG - Needs a close over 464....then 480 next. The lizard brain in me says buybacks are their only hope.

Just read an interesting fact: The BB bands on SPY are now tighter than at any time since mid Aug 2015

Thanks for the heads up

Crap....never mind....they magically reappeared

Nope....still doesn't make sense. Posts are there....charts are not

Not sure what's up with ihub, but it deleted all my charts from my posts this afternoon.

VXX - There is a definite trend here. Probably 2-3 months away from a decent move up. Stoch can't stay out of bearish zone (20) longer than 2 days. Sitting on lower end of VBP band. A close below this and price will drop pretty quickly.

SPY - Closed above upper BB, 210 big resistance with VBP band and large weekly OI @ 210 strikes. Indicators look strong though...