Will We Hold the 200 DMA?
Hi Shoppers, We have officially left my older pitchfork which goes back to Oct27, 2023! I know, crazy right? Here it is on the weekly chart: The last time this happened was the collapse last April. Zooming in on the daily chart, we closed right at the 200 day moving average with […]
What Is the Current Trend?
Hi Shoppers, The S&P 500 Emini Futures have been trading mostly sideways with a downtrend bias creating lower highs and lower lows: Zooming out, as long as we hold our pitchfork bottom support we are still in an overall uptrend, that hasn’t changed yet. We begin to trade below $6700, then we will trade down […]
Can’t Wait For Monday! Wait! What?
Hi Shoppers, Another trade … another winner!! As Mark Sebastian would say, “Go us!!” Haha! That always cracks me up. But yea, our APPL puts worked out pretty nicely. I myself paid $1.48 with 25 minutes left in the trading day. I sold them at the open for $2.23 for a 50% win. There were […]
AAPL is Breaking Down and We Are Trading It
Hi Shoppers, It's our last day for 0DTE Equities Crash Course. Bummer, but you still have a chance to join us today for a brand new trade. Yes, we'll choose an option Friday afternoon that expires Monday afternoon. So fun. So far we've issued two trade recommendations this week to everyone that has attended. The […]
Why At-the-Money Options Move So Fast
Hey shoppers, Every options trader knows delta. It tells you how much your option moves when the stock moves a dollar. But delta only tells you your current speed. Gamma tells you how fast you’re accelerating. If you’re trading short-term options without understanding gamma, you’re driving with your eyes on the rearview mirror. Speed vs. […]
Great NVDA Trade
Hi Shoppers, We’ve sent out the first zero days to expiration equity trade today! Yay! What? You missed it?? Go here quickly. We reviewed all nine equities that have Monday and Wednesday expirations added and Nvidia (NVDA) had our best setup on the chart. Let me show you: This morning NVDA traded down to support […]
Thursday’s Action Stopped Me in My Bullish Tracks
Hi Shoppers, Thursday’s intraday action stopped my bullish a$$ in its tracks. So how are we looking for this week? Check it out: The S&P 500 Futures have closed and stayed in the bottom channel of the daily chart pitchfork. That is our new resistance at $6892.75. And what was Friday’s high? $6897.75!! That is […]
What’s That? (The Tech Trend That Made My Hair Stand Up)
Hi Shoppers, Do you know what singularity means? I didn’t until I had this conversation with our managing editor: Charlie D: Know anything about “the singularity”? Licia: What’s that? Charlie D: It’s when technology and humans merge. It’s how we are seeing all the stuff with glasses that have internet connections and display stuff for […]
Our First 0DTE Equity Trade Was a 61 Percent Winner, Overnight
Hey Traders, Mark and I have been telling you how excited we are about trading these nine equities that now have three expirations a week. We just had our first trade and it was a 61% winner. Overnight. After reviewing all nine stocks on Friday, Tesla (TSLA) had the best chart telling us it was […]
How High Do We Go This Week?
Hi Shoppers, This bullish uptrend is completely intact. Check it out on the S&P 500 Emini Futures weekly chart: The support of the bottom of the pitchfork held perfectly. This week we will retest our all time highs and if we breakout above there, specifically a close over $7,023.50, we are going to trade up […]