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Stock Market Today: February 11th - 15th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Feb 8, 2019.

  1. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I saw some NVDA Calls being bought into the close - bummed I missed that one.

    I did buy some March 1st JNUG Calls - looking for JNUG to pop a little with the bad retail #s and unemployment causing the FED to remain dovish. We'll see.
     
    Steven_Burt and stock1234 like this.
  2. bigbear0083

    bigbear0083 Content Manager
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  3. bigbear0083

    bigbear0083 Content Manager
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    Good Friday morning to all.

    Here is this morning's pre-market news thread for those of you wanting to get a quick read before today's open-
    [​IMG] <-- click there to read!

    Hope everyone has a good trading day ahead on this final trading day of the week.
     
  4. bigbear0083

    bigbear0083 Content Manager
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    Morning Lineup – Optimism on Chinese Trade Talks
    Feb 15, 2019

    Let the record show that we are getting just as tired about typing subject lines related to Chinese trade talks as you are reading about them, but that’s the story once again this morning as trade officials from both China and the US have agreed to resume trade talks in DC next week. That has turned what was a modestly negative tone to a modestly positive one as we close out the week and head into the long holiday weekend. In economic data for the US, Import and Export Prices were both weaker than expected, but the Empire Manufacturing report slightly exceeded expectations.

    Along with the strong gains so far in 2019, we have also seen very strong breadth. The chart below shows the 10-day A/D line for the S&P 500 over the last year, and while it has typically oscillated between gains and losses, it has been consistently positive now since early January. In fact, for 28 straight days now the 10-Day A/D line has been above +500, which is the longest streak in nearly three years (March 2016).

    [​IMG]
     
  5. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    JNUG rejected at short term downtrend resistance - got out of my calls for a minimal gain this morning.
     
  6. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    5000 calls bought on QURE $40 Dec 2019 calls @ 8.20 represents 4,100,000 dollars
     
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  7. Steven_Burt

    Steven_Burt Well-Known Member

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    Were do you get your unusual options action data from?
     
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  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Bank stocks having a great day :eek:
     
  9. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I am using the TOS platform through TD Ameritrade.

    But I filter out all ETF/Index since there is so much hedging - both ways. Hard to decipher what the purchase was. I find it easier for the common stock purchases.
     
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  10. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    JNUG coming back. Still under downtrend resistance - will keep an eye on a breakout.
     
    Steven_Burt likes this.
  11. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    JNUG breaking - will be watching into the close.
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Hope everyone had a good trading week. Have a good weekend, Monday is holiday by the way. See you all again next Tuesday :D
     
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  13. rStock

    rStock Well-Known Member

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    VIX below $15 ...
     
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Sold at $158.19, not as good as I hoped but profit is profit I guess :p
     
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  15. bigbear0083

    bigbear0083 Content Manager
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    Thank you @stock1234! Have a great long weekend to you as well, and everyone else! Enjoy the day off. :D
     
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  16. bigbear0083

    bigbear0083 Content Manager
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    man, this market seems to be back in full vengeance again :p

    i believe it was @stock1234 who mentioned it in here the other day, but it does seem like ever since the fed became more dovish, this market just hasn't looked back.

    it's like the markets found its muscle memory again haha.

    how much of this is do you guys think is the market trying to price in the trade talks? and how much of it is the fed?

    i think it's a little of both, but not sure which one is more over the other.

    i guess BTFD is back on again after we were in STFR for a few months :p
     
    stock1234 likes this.
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The VIX probably go to the low 10s if the trade talk is going well with China :rolleyes: :p
     
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  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A little bit of both like you said I think ;) I think the FED played a pretty big role though, if the FED wasn't dovish then we probably sold off really hard on the retail sales data yesterday :p
     
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  19. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I know this is late, but found these going into the close:

    TSLA someone bought some 9/20/2019 375 CALLS. They bought 530 of them for 22.50 or $1,192,500. 22.50 was at the ask and the OI was 5 at the time of purchase. So this is a new position.

    GOOG someone bought some 2/15/2019 1,000 CALLS - yes expiring today. They bought 818 or 907,980. I'm not sure if I've seen this before, but someone wanted a lot of shares at 1,000 today. Purchase of 818 was over the O/I of 796 so was a new position.

    CI - someone bought 4/18/2019 210 CALLS. They bought 1,500 of them for 2.20 or $330,000. I look for over $1M orders, but $330,000 is nothing to sneeze at. Might be worth something to follow.

    NWL - someone bought 9/20/2019 15 CALLS. They bought 950 of them for 3.40 $323,000. 3.40 was the mid and it would be hard to tell if this was a new position or not - except for the fact that the O/I for this strike was 0 - so this was a new position.
     
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