Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am in Z may 23rd 106 calls at 2.80.
DAMN. Z lost over 3% upside since last night. What's going on?
TWTR buy sell ratio does not show the whole truth. The buy sell ratio was 53% buys to 47% sells today. Looking for a bottom tomorrow or Thursday with a nice pop Friday and next week.
I have calls at 38 may 17th, still riding the bull.
Will do, Please have the bear tickle the bulls balls. That will be the jolt needed :))
Good Luck Sir.
Thank you, And good luck with your trade.
If you look closely at feb 5th and 6th 2014, you will see a 17 point drop. The charts got skewered then. The next day TWTR bounced almost 10%.
Once the selling stops and we see that insiders (85% said they are not selling this low) did not sell as they did not sell on FB, then a nice little dead cat bounce will happen. Just playing the bounce not marrying the stock.
Good luck,
When the fear selling is gone TWTR could see a nice 4-6% bounce Wednesday.
That's why I am in for may 17th. After fear mongers sell out, I see a nice little bounce coming.
I'm in TWTR @ 38 May 17th calls.
FSLR looking for a pullback into earnings. Could be a good opportunity to buy the May 9th 70 dollar call.
TWTR bottom holding.
Looking at the charts is seems that TWTR is holding the 38.50 bottom that was first put in back on 26 November 2013. Will be watching for any small pullbacks from this level at set my buy at the 36-37 area.
Thanks stutz7.
Looking at GOGO June calls after earnings due to some rumblings on the street that google is looking at GOGO for a possible acquisition.
Hearing some rumblings about google looking at GOGO for a buy. Will send more info as hard data is forthcoming.
GOGO reports Monday morning. Looks like a bottom is in on GOGO. On watch.
Wynn in at 2.50 yesterday out a 6.20 today.
My guess is 225000-231000 jobs added with unemployment moving down a notch to 6.6%
Morning stutz7
I bought 5 calls of May 9th 217.50 for earnings.
I had 332.5
Hello Stutz7,
I am looking at LVS and MGM to buy May 17 calls. The reason is, if Wynn blows away their earnings (Which they will) LVS and MGM will get a boost overall in the ETF sector they are in.
AS Jimmybob once pointed out in 2011, look at other stocks in the sector and buy calls or puts if the premiums are too high on the stock you are looking at.
WYNN on notice for earnings and end of month Macau gambling revs. Two weeks ago analyst saw gaming revs for Macau alone lowered for the month due to weather conditions. Wynn took the hit down to 190. WYNN bounced off of the 190 support and is looking range bound in the 198-205 area.
As we look at the earnings for gaming. LVS blew away earnings and raised expectations for the year and still took a hit. WYNN looks to report on May 1st.
If WYNN succeeds in blowing away estimates (EPS $2.07 with 1.49B in revs) I see WYNN gapping to 212-215 area and try to burn through resistance at the 218 then major resistance at the 220 area.
Afternoon coach5,
BIDU is a sneaky one that seems to fall down only to bounce for a 1-2 bagger. I am hitting BIDU on each dip and flipping until BIDU hits major support around the 145-148 line.
Good Luck JB. I will watch Visa for a pop off of MA earnings. A little bit cheaper premiums.
Which way is the movement to be? Visa missed its earnings and MA missed last Q.
Do you mean 320 going to 325-330 this week?
TWTR getting hammered
JCP on alert.
JCP has sold over 12800 call options for 02 May 2014 at the 9 dollar mark. JCP holding steady as consumer staples getting a boost from investors who are rotating from tech to defensive stocks.
Hello Rory3;
With a million to invest and a moderate to high risk/reward scenario there are a number of plays to contend with.
The best strategy that I have right now is this.
With 28% of S&P stocks in bear territory and another 19% teetering between bear/bull I have formulated a defensive strategy.
First I would strategize on high dividend growth stocks. As the market turns from bull to weak bear (for now) I would define high dividend stocks by a Fibonacci retracement. These stocks would become my watch list stocks.
I would then place my buys on the golden ratio and wait. Once in I would be able to weather the storm by receiving a nice quarterly dividend and sell put/calls options receiving premiums along the way.
ETF Bubble forming?
Exchange Traded Funds or ETF's for short have grown in the last 6 years from 580 Billion in 2008 to well over 1.3 Trillion today. Why?
The financial crisis of 2008 gave cause for hedge funds to reexamine ETF's as a way to bring value back to their portfolios since many mutual funds got hit hard and investors slowed and in some instances stopped sending money into the market. In 2008, there were only a handful of ETF's compared to today. Hedge funders went to great lengths to sell to the public ETF funding. They created ETF's with a lopsided mixture of growth verses momentum stocks. This would give credence as to high returns and would allow investors to invest in combination of stocks for better diversification of portfolios.
The idea worked. Many investors both domestic and overseas investors began piling back into the market with an astounding 110% rise in ETF funding creating our 5.5 year bull market.
Stocks in some ETF's grew 100's of percentage points whereas as an individual stock would not have accelerated as fast.
Now we have to look at the underlying problem ETF's bring to the market.
First, As stocks have grown together (not at the same pace but momentum)ETF's account for 65% percent of that growth. The problem with that type of fast growth is the unbalanced momentum to growth ratio stocks. As of now the balance of ETF's to individual stock buys are weighed heavily towards ETF's. This is where individual investors need to reexamine their exposure to growth verses momentum.
Second, ETF's are sector traded vehicles meaning I can trade in Bio tech as (IBB as one example) or tech, or financials etc. without committing to individual stocks in those sectors. While this is good as a diversification technique, sectors as a whole must be taken in context. The NASDAQ as a whole is affected by sector sell offs. As we seen in March the Emerging Markets sector ETF (EEM as an example) sold off causing a domino effect in the NASDAQ as a whole.
Some analyst are starting to see bubbles in ETF's. While bubbles are not new to the market, ETF bubbles are. Some see the ETF forming (or formed) bubble as dangerous as the 2000 crash. Why? because ETF's are a mixture of stocks and their exposure is higher than individual stocks themselves. This is where it is time to reexamine your portfolio as to ETF verses Individual stocks.
High momentum stocks such as AMZN, TSLA, NFLX, etc. are mixed with GOOG, AAPL, etc. The momentum to growth ratio is about 70-30, meaning that 70 percent of some ETF's are momentum stocks while 30 percent are growth stocks. On the surface this shows ETF's as a strong built house with high returns, whereas the foundation is weak.
Some will argue that the earning multiples that give rise to a crash are nowhere near where they were in 2000. While this true, we have to look at the ETF multiple as whole not individual stocks. Why? because we are in a new type of territory as where the old system of stock multiples and earnings is now not adequate enough to tell the whole story.
We use to look a individual stocks earnings and profit ratios to determine where the stock is headed, but today a great growth stock can now plummet due to being hitched to high multiple momentum stocks in ETF's.
In my opinion I do believe that ETF's will give rise to another crash in the next year or two once interest rates begin to climb and inflation rises over 2%. This is why companies are hoarding cash and funding their business with low interest bonds. Sound familiar?
WYNN on put alert.
WYNN is looking to break support at the 201 area. If this area breaks watch for 190 to come very fast due to sellers testing the floor on 15 April.
PIR on put alert!!!
Someone or entity just bought 2500 May 17, $17 puts.
DDD up 4 dollars since my last post. Keep on watch into earnings, then short it.
Reverse Cup and Handle Alert!!!
NASDAQ is forming a perfect reverse cup and handle pattern. Look for another 5-7 percent slide downside coming.
DDD Contrarian trade going into earnings (May 1st, est). Watch for a pop going into Friday around the 50-51 area. If this holds, a nice little 4 dollar pop to the 55-56 area for Monday 21 Apr 2014. PIR going strong. Look for it to hit 19 tomorrow.
PIR going. Rocket time into closing.
PIR on alert for 20.
Today PIR beat the top and bottom revs and keeps 2015 guidance in line with analyst. PIR is getting hit with the overall market down draft today. Watch for tomorrows pop then run next week.
KNDI just another pump and dump scheme. SEC will eat them alive in the coming weeks. Here comes 10 dollars, cha-ching.
My May 10 puts looking very yummy. Thank you.
Sorry but not everyone.