- The Options Coach
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Traders, how’s your week been?
If your new here welcome
The Markets today
$DJI ( ▲ 0.66% )
$SPY ( ▲ 0.56% )
$QQQ ( ▲ 0.66% )
$IWM ( ▲ 1.22% )
Who knows you? I mean who truly knows you without saying one single word?
As in they take one look, and they know your thoughts, ideas, and plans…
Not only that but they support you 100% bc they know you will prevail
For me its one of my brothers and one of my buddies
I have this thing that I do once in a blue moon all so very rarely
I shave my head
When I do it most say ( or everyone else I should say ) “Dude, your bald bald!!!”
Or something to the effect that its funny like I didn’t know
In my own head I kind of smile and say what a dududunnnasssss….. lol……
One of my brothers however simply looks at me and says:::
“You shaved your head again”
My one buddy says:::
“Stuff just got real”
To both of them I answer with only one word “Yeah”
No discussion, nothing else
There’s nothing to talk about, both of them know that I’m going into my “Cave” to “get the job done, at any cost”
Well today I shaved my head again…..
The markets right now, they may not be “investor friendly” but they’re a traders dream
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This past Sunday I mentioned the importance of the 50 Day Moving Average right now
How many stocks were sitting smack dab on them
Well these past 3 days that has not disspaointed
Case in point is $CASY ( ▲ 3.66% )
6 weeks ago I said “ Traders, meet your new BFF”
In those 6 weeks its up over 22% and 9% this week alone
Why so much? Well it sold off with the general market last week
Sat on the 50 as reported here at theoptionscoach.net
Then bounced on Monday after Quad Witching was over
Is all of this starting to ring a bell?
It’s all stuff that I’ve shared lately
Want to know something I’m not a fan of?
When you hear analysts say “XXX could go to $500.00”
Two Things:
1st They are either lying
2nd They ( not me, but they ) think that you are stupid
They know ( or believe ) that you can’t fact check them
But those that deal with market cycles can place dates with prices
It’s not brain surgery, it works or it doesn’t
Unless they give you a date for “XXX” to hit $500.00 by its all a lie
There’s this “Old Skool, Gap Traders Trick”
Lets say our stock XXX is at $100.00
It opens in the morning at $106.73
They will set price targets a few different ways
1st look to the left and see if there are any Gaps in that area before
2nd look to the left to see if there are any Gaps at a higher price if the stock has retreated
3rd ROUND SOLID NUMBERS
What’s the next big round sold number? Yepppp $110.00
Those aren’t guarantees,, but they are guidelines
These past 2 weeks we have seen that so many times I can’t begin to count
For Pivot Point traders these past 2 weeks have to be like a dream come true
It’s not over, my day is about over, worked, worked out, went on a big walk tonight with my new BFF “Roscoe” He’s the neighbors dog. He’s been taking me out for 2.5 - 3 mile walks every night here lately, we’ll talk more about him later
Price Targets
Pivot Points
Moving Averages
All of them are of tremendous use right now
$CAT ( ▲ 0.34% )
$COST ( ▲ 0.11% )
$GE ( ▲ 2.04% )
All 3 those fall directly into that
I went long CAT and GE today, Was already long CAT. So maybe say “Longererer” 🙃
We’ll be looking at those soon
You don’t have to shave your head to do a deep dive into anything
But what ever it is that you do, do with all of your heart
The Options Coach
DISCLAIMER: All content provided in this newsletter, blog, webinar, video, chart, communication is for Educational and Entertainment purposes only. Nothing included or mentioned is meant to be construed or used as trading / investment / financial advice. Trading / investing carries risk of loss, losses can and do occur. NO recording aloud...Know your risk and risk of loss before taking on any financial endeavors. Past performance is NOT a |
guarantee of future success. I am NOT a licensed or registered financial advisor or tax accountant. Prior to making any trading / investing / financial decisions you should always consult with your licensed and registered financial advisor and tax accountant. There are no recommendations or solicitations to buy, sell or hold any stock, future, options or bonds, cryptocurrency or any other financial entity in this newsletter. Nor are there any recommendations on any type or way or method to trade / invest. You do not have permission to redistribute this newsletter without my written permission fir |

