I didn't like TWTR. It moved all at once, and since then has looked bullish on the hourly.
SLV looks pretty close to a short. I'm watching it.
This list isn't of things that are necessarily hits at the moment, but they have been (on the date indicated) and haven't reached a conclusion yet.
JJC and FXB were hits, and I attempted an options order, but it never got executed. I'm taking these items off the watch list. They could be possibly a leveraged etf trade or something.
| NFLX | Bear | 9/2/2016 | 97.335 |
| FXE | bull | 9/1/1931 | 108.8 |
| IEF | Bull | 9/6/2016 | 111.9 |
| DB | Bear | 9/6/2016 | 14.445 |
| OIL | Bull | 9/6/2016 | 5.529 |
| JPM | Bear | 9/8/2016 | 67.32 |
| DB | Bear | 9/8/2016 | 14.77 |
| XLF | Bear | 9/7/2016 | 24.53 |
| FXB | Bear | 9/8/2016 | 129.87 |
I am Short TWTR with Dec16 28 Puts @ $9.70.
ReplyDeleteI didn't like TWTR. It dropped very far before anybody could have got in on it, and then it wasn't clear if it would continue.
DeleteEven after the gap down, all indicators are still bearish on EVO. The long upper wick shows strong selling pressure exists. Should be good for a few more down days before it turns around. The Evolution System was not designed for day trading. Mannarino's advice was to buy In The Money Options, 3 to 4 months out. He specifically said to think in terms of days or weeks and not to sweat the day by day, allowing the trade time to develop. Extending the system to the hourly goes against the trading style the system was developed for. You can do what you want of course, but I think you are making it more difficult than it needs to be.
DeleteWMT bear- alternative setup
ReplyDeleteThis comment has been removed by the author.
DeleteEdit: I am short WMT with Dec16 72.50 Puts @ $2.91
DeleteYeah, it was bear on the regular setup too. There must have been an oversight because I think it should have been on the list.
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