Because Ozzy said so!!

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Hey traders, how are you today?
If your new here welcome
The markets were stable / green today
$DJI ( ▲ 0.64% )
 $SPY ( ▲ 0.51% )  
$QQQ ( ▲ 0.44% )  
$IWM ( ▼ 0.31% )  

Do you listen to motivational coaches / speakers? I do sometimes
I’m a big fan of TED talks
Well somehow, someway, out of the blue, Ozzy Osbourne popped up in the motivational talks today, lol… NO joke, I’m serious … Wasn’t at a TED talk obliviously but you see where I’m going
What Ozzy spoke about was the importance of being humble when it comes to success, and not thinking that you’ve “arrived”
He spoke about the reason many young musicians self destruct is bc they lose their humbleness when they start to think that “they made it”

The stock market is no different
There are only 2 kinds of participants in the stock market
Those that have been humbled
And those that are going to be humbled

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There was a lot of “humbling” in the markets Tuesday
Today we are seeing some hopes for a recovery
Lets remain diligent, the last thing any investor wants is to get caught in a Bear Trap like many did yesterday
The likelihood of that occurring looked to be less today

Did you take the play on $GOOG ( ▲ 1.57% ) today? If so and you bought at the MID price as mentioned you should be ITM now
Dropping the short strike and riding the long may happen tomorrow, but for right now we need it to prove itself before giving up that downside protection
We do like how it bounced off of the 20 Day EMA today
$NVDA ( ▼ 0.64% ) heck of a day. We’ll most likely be looking for new plays on it in the morning
$GE ( ▲ 0.41% )  
$AMZN ( ▼ 0.31% )  
$WMT ( ▼ 0.08% )  
$HD ( ▲ 0.72% )  
$CAT ( ▲ 1.48% )  

Take your pick, they all performed today
But tomorrow is another day, we’ll know more then
See you in the morning

The Options Coach


In what seems like an entire other lifetime ago many of us had parents that loathed “The Ozzman” He was even deemed as satanic….. In all actuality he was just drunk… lol…
Back then “Crazy Train” was “The devils music” today it’s used in NISSAN commercials to sell minivans… 🙃 
The lyrics speak of “Maybe its not to late to learn how to love and forget how to hate” Something the world could use more of these days theoptionscoach.net