No sir, I have no plans to run an advise service but I do have plans to start a hedge fund and started working in that direction. To make profits in the markets, one must be able to do original analysis and at the same time execute with proper timing. I did provide advise this morning to buy TVIX at 16.85 but how many benefited? If I had the capital, I could have executed it immediately and made the profit. So, I realize that is better to analyze and execute than analyze and advise. So, I will be starting a fund.
I turned on my computer this morn in premarket and TVIX was already at 18's ...... was 16.85 even there?
Looks ok but there may be better opportunities out there. Very low volume with supports at 374.5 and 371. Look at 2 year chart, a perfect uptrend!
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Originally Posted by hermanpu
Thinking of shorting CMG. High valuation for a burrito shop. Seems like popularity is waning. Growth is slowing as of the earnings conference call last week. They've been raising prices to keep up with food costs.
Philo, with all due respect, i think most traders here missed your TVIX call this morning because you only gave 90% confidence. We got use to the 95% so we assume you lacked confidence in this trade.
Thinking of shorting it after its 12% pop after the earnings. Put spread probably 95/90 Feb expire next week. 43% gain potential. Paying $3.50 to make $5 by next Friday as long as it doesn't go past $90, which is more than 1.6% from today's pps $88.50
Thinking of shorting it after its 12% pop after the earnings. Put spread probably 95/90 Feb expire next week. 43% gain potential. Paying $3.50 to make $5 by next Friday as long as it doesn't go past $90, which is more than 1.6% from today's pps $88.50
LNKD seems a pretty good short. May be you can watch it and short it when it hits 90 before the close today and hold over the weekend.
I think next week can be bearish and this would come down and I think 90 would offer a pretty strong resistance.
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Originally Posted by hermanpu
LNKD trading at PE of over 1200 lol.
Thinking of shorting it after its 12% pop after the earnings. Put spread probably 95/90 Feb expire next week. 43% gain potential. Paying $3.50 to make $5 by next Friday as long as it doesn't go past $90, which is more than 1.6% from today's pps $88.50