What would you say?

Are you over the age of 50?

Maybe you've seen these before. Right now down in Sydney Australia there’s a project going on at a major university. Students film individuals that are over the age of 50 for 20 seconds, that’s all you get ( THANK GAWDDD,,, lol )
I love the 20 seconds, it shows how articulate someone is, that comes directly from the amount a person reads. No one gets to go all “Uncle Rico” and tell how the “Team could of won State, if only their coach had put them in”
Yeah I just said “Napoleon is Dynamite” 😁 

So if you are over the age of 50, for 20 seconds, you get to say what advice you would give to your 20 year old self

Mine would be “Time” Time does does not stop, go after it all now, all of it, your hopes, dreams, goals, wants, wishes and desires

When I was young I knew a man that would say “One of these days is none of these days, and today, is the first day, of the rest of your life”

He didn’t go all into himself or ADD, he didn’t go on and on for the next 20 minutes, he was able to say it all right there in 20 seconds, and I will always be grateful to him for that

In the past I’ve shared that it’s a general market consensus that the stock market has 10 trading days a year that stand out and are stronger than most»»» I’d say today is one of those 10
Since “Time” is our most precious commodity we cannot take “Timing” lightly

One of the main tenets here at theoptionscoach.net is that we don’t chase stocks
Today was a good day, no games, no market manipulation, the rug pulling is out of the way and stocks took off with the inflation report offering new hopes of another rate cut coming. Hopes, no guarantees

9 times out of 10 we prefer to buy a stock after it has broken north of it’s box, retraced, made old resistance into new support, then bounce from there
That’s 9 out of 10
Lately we have not had that luxury
What we seem to be doing more of these days is crash landings into support, then slow, slow, slow moves back up from there
Very few do like HD ( and others ) did today and bounce straight north
HD was removed by me recently as the price action was very whip saw’sh, and the Options are not the best, they were okay, but not the best…. Shame on me…..
HD +3.2%

Our 2 new adds of PLNT+2% and CAT +0.89% both performed today as did the rest of our list
We don’t own TSLA but congrats to the longs as it recovered today by 8%

Banks
Lets talk:::
Todays price action is far too strong to ignore
I’ll be back with some possible plays in the morning should the profit taking not begin
If profit taking does occur it could afford us fresh entries later on
Right now we like banks
WFC +6.8%
C +6.29%
GS +6%
JPM +1.92%

The rest of the gang looked like this

AMZN +2.42%
COST +0.88%
SFM +1.40%
SN +1.38%
WMT +0.61%

We’re looking at adding META back in, +3.78%

Lets ride our winners right now, they are strong
Don’t allow winners to turn into losers
SET STOPS and HONOR THEM
And also, don’t forget that we do not chase

Have some fun? If your over the age of 50 write me back and tell me what you would tell your 20 year old self in 20 seconds or less…..

The Options Coach

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