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Hello traders, how are you today?
The markets started the day strong, kind of cooled off though
$DJI ( ▲ 0.55% )  
$SPY ( ▼ 0.01% )  
$QQQ ( ▼ 0.57% )  
$IWM ( ▲ 1.09% )  

Do you speak any languages besides your native tongue? I do
English is my first language but as I child Italian was spoken in my grandmothers home
I later learned Spanish and can speak some Korean

Neuroscience tells us that people that are multi lingual have extra strong PFC’s
Or Pre Frontal Cortex. That part of the brain is what regulates how we stay focused and cope with distractions. People with ADD or ADHD have disrupted / weakened PFC’s
The PFC area of the brain has to make immediate decisions when speaking a language that isn’t the speakers native tongue. And the more a person speaks a non native language the stronger their PFC becomes. It never stops strengthening. And it does so by eliminating distractions

One thing we talk about often here at theoptionscoach.net is how we seek stocks that are strong, and that we know that strength creates more strength as weakness creates more weakness

Right now the markets keep making new ATH’s, that is strong
I still have a copy of the Wall Street Journal from JAN 25, 2017…….
The day the Dow Jones hit 20,000
Right now it’s trying to hit 50,000 😁 
The SPX or the S+P 500 ( we use SPY here since its one / tenth cost of SPX ) is closing in on 7,000 for the first time ever… That means that SPY will hit 700 for the first time ever

Strength, right now its all around us
I’ve gotten back to business now that the holidays are over, the stock market has also

Here at theoptionscoach.net
We don’t chase stocks
We don’t go long if a stock is red
We buy at the MID price or better
We set STOPS and HONOR them

$JPM ( ▲ 0.86% ) cooled off a bit today but I’m still long with the FEB and MAR monthlies both
Tomorrow I’ll be looking at buying the MAR 20, 2026 330 Calls
Currently I’m loaded up on the 325’s

$GE ( ▼ 2.84% ) wow, I closed some Bull Call Spreads today with 100% profits
Afterwards I asked myself why didn’t I just close the Short strike and ride the Long? I’m still bullish on the stock
What I do own is the MAR 20’s at the 320
I do plan on adding the 330s to those here as well

$GOOG ( ▲ 1.11% ) right place right time
Yesterday I bought Calls for this Friday, highly speculative move but I like where its sitting on the chart. Sunday night I showed charts of all 3 of these. Well as soon as GOOG opened up 2.30% my Calls then skyrocketed up 136% …. I cashed those out but added The MAR 20’s at the 330 Strike

Did you catch that like I just did?? Price seems to be in the 320 / 330 range on all 3

$PLTR ( ▼ 2.65% ) new add today… I like the 190 and the 195 strikes for any expiration date in the next 3 months… Throw a dart at a board kind of deal

Profit taking happens, don’t allow trades to turn into investments
The Options Coach