I think Pelosi not travelling to Taiwan due to covid was well timed what we don't need to see is things with China escalating. The world don't need more chaos right now just my 2cents. Mind you from a trading point of view well that's a different story.
REIT Industrial(USA) https://finviz.com/screener.ashx?v=111&f=ind_reitindustrial Take a look do your own DD and you should be able to make some $$$ I don't see the storage space slowing down.
If you live in California your State pension took a $700mil hit by way of $NFLX it would be interesting to see if other States also took a hit and how much.
https://finviz.com/screener.ashx?v=111&f=geo_usa,ind_insurancediversified This sector is going to take a beating don't be fooled. Here are a few names that's going into earnings over the next couple of days I'm not going to get into specifics do your own DD. It may take a lot of time to figure out with the short time but think outside the box. I found a chart that shows a big unfortunate spike took place between Aug-Dec 21. I don't have any info on the payouts by Insurance companies of course but I'm willing to bet they will take a beating. Watch $WTW and $FAF....BMO for indication $HIG, $PRU, $LNC, $UNM, $RGA and.....
Lotto Friday $QQQ above $316.75 call $318.00... $310.00 put $308.00.... $TSLA $889.00 call $900.00...$847.99 put $840.00. May 06 expiry $318.00 @$1.91 $308.00 @$1.23. $900.00@$4.00 $840.00@$3.83 Take pft's fast GL.
I'm wondering how many MM going to be ruined if all the PUTS gets paid. More pain coming next week the bleeding will subside somewhere between 26000 - 25000 mind I'm not saying these numbers will happen next week but in the coming months.
Sorry I neglected posting lotto Friday play's just too much going on. I did take a lotto trade today it was a call option in $IMPP June 17 exp $1.00 call. Proceeds will go to women shelter if it works out in my favour. The reason for this trade is oil futures for July is up 0.81%
Lotto Friday $AAPL above $151.75....$153.00 calls, @$150.00.....$149.00 puts and my main focus $SPY above $418.95....$420.00 calls below $412.75 then the $410.00 puts. Only use funds you won't sleep over. GL I'm out have a great weekend, if you didn't catch any of these 2 plays well there is next Friday.
Somebody always know something the average Joe don't know. I came across this name going down the rabbit hole, take a look at $COMT June 17 $47.00 calls. Better yet look at the monthly move from December to present https://www.ishares.com/us/products/270319/ishares-commodity-etf Look at #3 https://www.barchart.com/etfs-funds/quotes/COMT/interactive-chart
Printed .88c calls @1.30pm printed .11c(ITM) for a 175% return today, if it can get pass .897 this week then we could see $1.00 and I'll be ecstatic to donate the proceeds to WS.
Lotto Friday plays $MU above $67.80....$68.00 calls slow mover below $65.75 puts $65.00, $SPX calls above $4045.00 below $3985 puts $NIO calls above $19.25...$19.50 below $18.50...$18.00 puts. GL only money you can afford to los
Sold $IMPP for 150% gain, sold $MU for 150% gain, sold $NIO for 15% gain and massive gains in $SPY puts.
$HYG lows got taken out so we should see downside to $SPY and $DIA. https://www.barchart.com/etfs-funds/quotes/HYG/interactive-chart https://www.barchart.com/etfs-funds/quotes/SPY/interactive-chart Looks like a move down to the $380.00 then who knows, if $380 gets taken out then a move to $370.00 could be in store.
For Canadians followers if you find a few extra $$ could you be kind and donate to "Good Foot Delivery" https://www.goodfootdelivery.com. Our younger daughter just a second a go brought this to my attention she uses them for her side business once she found out about the organization.
The last 2 weeks they market was very choppy and I have seen a lot of people loosing money calling bottom just to see more carnage, then a move up and down again. The market have not bottom as yet, looking at the close today we will see some sort of move upward for the next session it looks that way for now. This market is definitely a tough one but as a trader it's just a waiting game for the right situation to present itself then hit and run. Going forward into next week just before the close I bought $DIA calls exp 08/07 my main focus is $DIA for now.
So you altered the meaning of a word(recession) to not cause a panic but you are planning to send a representative to an already tense situation to flex your power. There is an old saying "brute force and ignorance" never accomplish anything in the long run, I wish we could blame it on that but some of us know the reason. We might see the market take a swing to the downside due to the potential unnecessary unrest, I must say we get it war is big business.
Looking at Emini S&P500 the plan is bear mode till about 3890 - 3880, and these numbers depends on a few stocks opening and trading above my numbers on the open. Now if the open is above 3980 then the plan changes to bull mode to 4005. For the plan to be executed this have to happen open below 3975 bear mode above 3985 bull mode.
The LIS(line in the sand) for $SPY is for $366.25 anything below and it could drop to test $364.?? looking at inflow 56K was outflow and 50K inflow as I'm typing this. This is just my train of thoughts for today, I will watch and see as I'm very curious to see how this plays out today. Next week I'm not around cause our middle daughter is moving back to Toronto because she finish her University and decided she's not interested in politics. Before she started Uni I told her they path she was going I dislike both professions(politics and law). That path has now changed to being a teacher and to me a more productive one. So dad have to help pack and drive a cube back from Ottawa a new challenge for me since a Range Rover to me is like a matchbox compare to a cube. The upside I win she's back in Toronto and moving to her townhouse 10minutes by car compare to the older who is in BC. We now have 1 more(4th nursing) to move out. Seems like yesterday they were just little rugrats.
Looking forward at next week which will be a key week, there are 2 scenarios relating to June's low....Aug and Sep were up months keep in mind Sep is not over...if the June low is taken out end of day Friday then tankaroo will follow if not upward march. It's going to be seesawing this coming week I will try and squeeze in a few trades Mon - Wed. Thursday is definitely a no go I'll be driving a cube from Ottawa. https://www.barchart.com/etfs-funds/quotes/SPY/interactive-chart Eyes on the 360....June candle and Sep candle with a week to go.
Bear markets last 12-18 months are we in one yes we are, look at the 1 year chart in the $DJIA, $NAS and $S&P. The question now does this thing go on for another 8 months or 2 months I don't know.. What I do think, this is not over in 2 months but I could be wrong.
