Review Week of 03/29/2021 - 04/01/2021

By iamtez -

What an amazing week this one. We seem to have hit a bottom for many stocks just in time for earnings season. It is going to be fun next month or so. For the watchlist, it was a really good week. Couple which didn’t do good should turn around soon too.

 

Position

Entry

Exit

G/L %

Comment

ADBE Apr 01, 2021 480c

200

700

250

Got a great entry on Monday around 465. This went to 486+ by Thursday.

CVX Apr 16, 2021 110c

140

Got under 106 on Monday. Bounced nicely later to 107.5+ but then pulled back again. Just needs some more time to materialize.

NOW Apr 01, 2021 510c

100

300

200

Got an entry on Monday around 483. It actually went down to 478 on Tuesday but then rebounded nicely to go ITM on Thursday. 

ORCL Apr 01, 2021 72c

50

95

90

Got this under 71 on Monday. It went to 72+ on Monday itself so didn’t wait longer.

UPS Apr 01, 2021 170c

60

125

108

Another one that gave a good entry near 167 on Monday. It went to almost 172 by Thursday.

XOM Apr 16, 2021 60c

70

 

 

Got this on Monday around 57. It looked good but then pulled back. However it ended the week strong and should do good in next 2 weeks.

 

We had a great follow through from last week and I think the momentum will continue into next week. I will post my watchlist for next week on Sunday night. Until then have a nice weekend.

 

ALWAYS REMEMBER TO CASH YOUR GAINS OUT OF THE ACCOUNT.

 

RED: Behaved exactly opposite of what I predicted.

 

GREEN: Behaved exactly as I predicted.

 

BLUE: Need more time for idea to materialize.

 

Disclaimer: The views and opinions expressed here are my own. Before taking any financial decisions based on these, please do your own due diligence.

 

 

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