Stock Market Today : May 14th - 18th - Page 11

Quote:

Originally Posted by Venom08 

No!!! My GOOG calls filled their stop loss at $4.30 and I exited for a huge loss. Now they are up to $5.60. Fuuuuu.

I had to buy them back at around $5.50. I'm glad I did though, they are over $7 now.

NFLX trying to rotate up into the next value area on the 60min around 80.50.  Keep an eye on this 78.65 level for a clean break.

I'm sorry but I have no idea how to draw on this chart. I'm looking at the numbers from early March and right now and notice it's been a perfect double top up until now, the two lowest days even ended at around the exact same price. Maybe we'll see a bounce to 1365 by the end of the week...

Home Depot Missed earnings (I think) http://wallstcheatsheet.com/stocks/5-buzzing-stocks-home-depot-drops-4-dicks-sporting-goods-jumps-6.html/

Cramerites  (are you a Cramerite... I am   ) are buying HD on this dip... Cramer loves HD... anyway looks like buying to me...

( I am not buying HD, if I was.. only follow me if you have and urge to go broke and starve to death...)

Commodities are getting weaker. Energy sector lagging, miners are too. Not looking so good now IMO. I'm thinking we see a sell off later on.

Techs also starting to weaken a bit.

Quote:

Originally Posted by StockJock-e 

VIX 21.73, what happened to the good ole VIX runs into the 30's and 40's?
 

Over the summer it will... 

8 out of the top 10 most active options so far today are bearish... between SPY, EEM, and C puts.... bullish are QQQ calls (guessing due to FB) and 1 SPY strike.

fwiw

Quote:

Originally Posted by StockJock-e 

VIX 21.73, what happened to the good ole VIX runs into the 30's and 40's?

SHHH your making my VXX calls nervous !  Patience is a virtue you know

Options expiration Friday and put holders deep in money, time for one of those wipe out the puts mkt pop..

Quote:

Originally Posted by Davecash77 

Options expiration Friday and put holders deep in money, time for one of those wipe out the puts mkt pop..

Ah yes of course... evil algos

Quote:

Originally Posted by StockJock-e 

 

I think these guys are late to the party, market internals looking way better than yesterday and Im horribly biased to the upside because Ive got some ES long.

I had some from 1333 but I just got rid of them. I got short because of the pattern little above 1338 here. Because of the higher swing low and the lower swing high I am expecting a tri. I have a stop at 1340 in case I'm wrong.

edit: well there they go!

Just saw Zecco and TradeKing are merging. Wonder which platform will get changed the most.

I traded off of yesterday's POC. long 36. out at 41.

decent 5 point snag for just getting into the office

New HOD on $SPY which is good if you are long and i do fall under that category..