- SPX Broad market momentum continues to look green - SPHR M15 was in a compression zone near the 100EMA line - SPHR D1 also showed a recent bounce from the 100EMA (3 Days ago, 13 Oct) - This means that if I am wrong, my risk is only 2.92%, but if I am right I have 15% upside
Dying Demand: Since 27 Jul, we have seen buying strength bring price up towards key levels only for it to be brought down. There is a KL at 77.67 and price has been unable to sustain the breakthrough only to be brought down very quickly Compression zone: Price since 6 Sep has moved into a compression range. 4H price has been moving with the 100EMA ...
This trade was entered on the 14 Feb, I forgot to update it on here. At that point my LVS option trade was performing very well and moving somewhat independently from the broad market. However this changed on the Week of the 15 Feb when Retail and CPI results turned out stronger than expected. I'm not exiting because I believe the hypothesis still holds and what...
Aug Hypothesis: International Travel Growth (Specific to Airlines) Entered Ride trade UAL AT 53.97, risk 5.43% and TP 7.43%. I entered it after the confirmation with a bullish candle after two higher high retests and the clearing of the EMA lines in the hourly chart. I with at 5.43% risk I wanted to enter a larger position but I held back because I'm sure I can...
Aug Hypothesis: International Travel Growth (Specific to Airlines) We entered this trade once we had the broad market momentum signal that was SPX Daily price closing above the 100 EMA line The strategy I am now running is to make sure we trade in the direction of the broad market momentums and guage how expensive or cheap the price of the stock is by using the...
There is a lack of existing inventory on the market as many existing homeowners are hesitant to sell because of rising interest rates. If interest rates are cut or halted and we experience a soft landing, there will initially be a burst of growth before it stagnantes or sinks - Since March 2023 housing as a sector has a broad uptrend alignment. - Buffet is also...
CAT follows my China/Macau Recovery Theme and it's too expensive for me to run an options trade. CAT similar to LVS, was showing independent price movement from the broad market drops we have seen starting on the 15 Feb. Increasing Annual Rev Increasing Quarterly Rev 1.62% Short Interest
RCL is on of the companies I have on my Strong list. With the COVID19 easing for travel and as people shift from spending on products to services. The recent earnings call have also seen management talking of them experiencing a record wave session. Fuel prices has also gone down. I'm not so sure how they would hold up to inflation fears, so I think this is a...
I entered a long trade on CZR as it was reported that Nevada Casinos had a record 18% gaming win growth in January and Macau gaming revenue rose 33% in February. Price had also crossed the resistance line of 51 and if it goes well should continue it's move up the range to 56.42 Whats The Plan/Trade/Thought We have to adopt a Range market stance. When markets...
Whats The Plan/Trade/Thought We have to adopt a Range market stance. When markets are going up with optimism, we will peg categories with strong fundamentals and a growth story as that will be where money will flow into. Also if sentiment turns to fear, these strong categories with a growth story should be able to weather the fear sentiment better than...
Whats The Plan/Trade/Thought We have to adopt a Range market stance. When markets are going down with fear, go short on weak companies when they are 75% at the top of the range. The current story and situation of BYND fits this criteria in terms of weak operational roll out, business viability in a price conscious consumer environment. I don't think in such an...
Whats The Plan/Trade/Thought It looks like in the short term traders will be more concerned about interest rates and the impact it will have. The sentiment now seems to be that recession will be a soft landing. I think we need to trade on this optimism at least for the next month. Lets look at categories with strong fundamentals where money might flow into...
Whats The Plan/Trade/Thought It looks like in the short term traders will be more concerned about interest rates and the impact it will have. The sentiment now seems to be that recession will be a soft landing. I think we need to trade on this optimism at least for the next month. Lets look at categories with strong fundamentals where money might flow into...
This year I am implementing Ride Trades, which are an extension of my Options Trades that have confirmed my trade hypothesis. This allows us to potentially earn more from a good hypothesis. To further mitigate risk, I will first enter with 50k and once I see further confirmation I will enter again. Despite the overall market bullishness. BIG's price is still...
This year I am implementing Ride Trades, which are an extension of my Options Trades that have confirmed my trade hypothesis. This allows us to potentially earn more from a good hypothesis. To further mitigate risk, I will first enter with 50k and once I see further confirmation I will enter again. Despite the overall market bullishness. DISH's price is still...
Whats The Plan/Trade/Thought Travel leisure company focused on cruises and with the potential economic headwinds. With the upcoming uncertainty. I think people are going to focus on working, generating income and savings. On Seeking Alpha - Peers seem to be a 50%mix of Hold and Buy Risk Mitigation I see 9.12 as my indicator that my direction is wrong....
Whats The Plan/Trade/Thought Dish is a network entertainment based on channels. Very dated and probably having a rough time attracting new subscribers (12M customers) Their existing customers will probably hold on to their subscriptions as this is probably due to them being comfortable with their present circumstances. Hence this is entirely behavioural...
Whats The Plan/Trade/Thought BYND does alternative meat (beef). During an inflation period with interest hikes. I believe the company will get hit by more expensive loans and consumers will move to cheaper meat alternatives like chicken Risk Mitigation I see 16.51 as my indicator that my direction is wrong and I should exit Can You Trade The Opposite Side...