What the heck man?

What.....

If anyone needed further confirmation of what I have been saying about how 2025 will not be like 2024 all they needed was to be in the stock market today

We here at theoptionscoach.net have been saying that 2025 will be a “stock pickers market” and that “both the pops and the drops will happen faster and harder”

A few of our favorite friends had that today, unfortunately in the drop category
AMZN -0.88%
COST - 1.48 was down 2.4%
META grrrrrrrrrrrrrr….. -2.76 which is far better than the 4.10% it was down
META breached south of $710.00, right now it’s hovering $715.00, we want it holding above $720.00 with conviction, back to $740.00 wouldn’t cause us to lose any sleep
The 20 day winning streak looks to have been broken for some strong profit taking, if META finds its footing here it could offer us some fresh entries with a good price. We’ll know more in the morning
WMT -0.29% whewwww it was down over 2% , good recovery, good recovery…..

Just because stocks started recovering does not mean that they are out of harms way, these could be bounces before bigger drops. I’ve been saying for a while that both COST and WMT are up at the top of the long term trends. And for them to break north they are going to need some strong Volume, they need that more now than before

SMCI
I closed the Blind Calls that I had from last week
When the stock retraced I was not letting my profit of over 300% escape
That was more than just a few sheckles in profits, enough to buy a small pony actually

What I did do however was open a new position in SMCI after the bounce started happening
MAR 21, 2025
Blind Calls at the 60
If this level holds here into tomorrow I will most likely look at adding to this position with any continued strength

The Polar Vortex is here, it’s no joke
Check on your people

The Options Coach

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