Posts

Week of 05/03/2021

Welcome back everyone. Hope you had a great weekend.   I see very few good setups for this week. I know futures are up as of now but I think if we do get a green open, I would be looking to go short in the near term. I do have 3 stocks that look good on the upside though.   Below are stocks that look good to me for UP move.   TGT May 07, 2021 210c Chart starting up and a move back to ATH seems likely soon. UAL May 07, 2021 55c Nice looking chart and had a good bounce from support after earnings drop. WMT May 07, 2021 140c Chart turning up. A move to 142 seems likely in near term.   Below are stocks that look good to me for DOWN move.   ADBE May 07, 2021 505p Chart starting to turn down. If 505 breaks, then 500 should come quickly. CRWD May 07, 2021 205p Chart turning down. Test back to 50dma seems likely soon.

Review Week 04/26/2021 - 04/30/2021

Quite a volatile week we had. There are still plenty of earnings to go so next few weeks will be similar. It was a pretty decent week with the watchlist.   Position Entry Exit G/L % Comment ABNB Apr 30, 2021 180c 130 350 169 Got a very good entry on Monday. It was strong almost all week. DKNG Apr 30, 2021 60c 60 200 233 Got this on Monday too and it went up nicely to be almost ITM by Tuesday. EXPE Apr 30, 2021 180c 175 275 57 Got this around 177 on Monday. It went almost ITM by Wednesday. JMIA Apr 30, 2021 35c 30 60 100 Got this around 32 on Monday. It ramped nicely on Monday itself so I got out same day. OZON May 21, 2021 70c 150 100 33 Got on Monday. It started nicely and

Week of 04/26/2021

Welcome back everyone. Hope you had a great weekend.   Last week was a pretty volatile week as expected but due to the nice move we had on Friday, lot of charts are starting to turn up. We have some huge technology earnings this week so lot of movements will be around that too.   Below are stocks that look good to me for UP move.   ABNB Apr 30, 2021 180c Chart starting to turn up and a move back near 185 seems likely this week. DKNG Apr 30, 2021 60c Chart looking good. Test back to 50dma seems likely soon. EXPE Apr 30, 2021 180c Very nice chart. Move back to 185 should happen soon. JMIA Apr 30, 2021 35c Chart looking good and this could benefit from Amazon earnings. OZON May 21, 2021 70c Chart looking strong and another one that could benefit from Amazon earnings. TTD Apr 30, 2021 775c

Review Week 04/19/2021 - 04/23/2021

We had a pretty good week. Even though markets were volatile just as I had mentioned in my comments last weekend, most of the plays mentioned did really well.   Position Entry Exit G/L % Comment AMD Apr 23, 2021 85c 60 0 100 Started pretty well but was not able to break through. Since I had got this for cheap I decided to hold until end of the week. Even though Friday was strong, it was not good enough. I still think this goes to 90+ soon though. BYND Apr 23, 2021 140c 150 75 50 Gapped up on Monday so waited until it pulled back under 135. It did show some signs of life on Thursday but got stopped out on Thursday. GS Apr 23, 2021 350c 80 200 150 Got really nice entry on Monday around 338. It went over 344 pretty fast so decided to take profits. NVAX Apr 23,

Week of 04/19/2021

Welcome back everyone. Hope you had a great weekend.   Last week was amazing follow through in lot of stocks. Banks had great earnings and that bodes well for growth earnings too. However number of stocks having good setup has definitely gone down dramatically. I believe we might have some sideways movement for week or two with more movement for stocks with earnings only. It is better to lighten up this week as we should get better entry in 1-2 weeks.   Below are stocks that look good to me for UP move.   AMD Apr 23, 2021 85c Chart looks good and a pre-earnings run up is likely to happen this week. BYND Apr 23, 2021 140c Chart looking good and a test to 50dma and 200dma near 144 seems likely in short term. GS Apr 23, 2021 350c Really nice run last week with good earnings. Chart still very strong and a test to ATH near 352 seems likely. NVAX Apr 23, 2021 240c