I didn't get a chance to watch the closing minutes, but I liked the way the market closed on a high note. The RUT leading the market has almost always kept the rally going this year. There were some laggards in the NASDAQ. I noticed FB, NFLX, and GOOG not participating. This divergence in the FAANG stocks is something new here. I still believe in AMZN and AAPL hitting more record highs next week with that extension on the Canada/US trade deal. On the other positions, NTAP's pattern is almost complete, TJX's chart continue to show strength, and news on UAL raising baggage fees has kept UAL holding higher. I misplayed PVH calls. Where I thought PVH would dip by 4-5pts, it has fallen deeper into this -12pt hole. I doubt it'll be able to dig itself out by Sep 21. I also expected interest rates to ramp up taking the banks along with it. Instead, JPM is struggling and my position has been cut in half. The add on CRM ahead of that headline news yesterday didn't help either, but there is a pattern on CRM and I'll give it 2 weeks for that pattern to play out.
Got into the short side on FB when I sold my call options. So, I have FB puts now in play. My NVDA calls did well today going higher. RUN put options flat but, still holding to try and minimize losses before I close it out. AEO still down on it with the gap down but, narrowed the loss. That is a November 2018 call so, lots of time. I have JPM which is in the red too with the pullback. Look for JPM to go higher next week.
Optionsinvestor....... You should address destriero's concerns, or you will lose credibility. Your long winded posts lack important trade details. smallfil's attempt at labeling destriero as a troll will backfire. EDIT: That's odd ...... smallfil's posts have disappeared, all of them.
This dude sends out 5-6 500-word generic missives on setups that are worthless. It would take him 30 seconds to shut us up and prove that, at the very least, that he's trading. @optionsinvestor has zero credibility. One thing to paper-trade; at least timely fills could be adjusted for microstructure and marketable pricing. You're getting snowed. This guy is stealth marketing BS. Yesterday the guy edited a fill inside the five-minute window. Then he watches AMZN trade to unch and tries to push that his AMZN calls were profitable? He bought calls near the high and made money on a $20 trade lower in shares? Asked to show a single fill with time stamp and he ignores it. If ET is fine with allowing an outright scam to continue then there isn't anything else to say. There is zero probability that OI is profitable. Worse it's a scam.
What happened to smallfil? He was very active on this thread supporting Optionsinvestor and shadowing some of his trades. All his posts are gone.