- The market opened Monday up and peaked around 10am. It went down, back up, then down... it finished the day on the upside although at its lowest levels of the day. It sets up for a great week at Home Depot reports earning Tuesday morning before the market open and HD has a history of beating expectations for over 13 quarters so we expect the same tomorrow.
- Home Depot pulled Walmart along with them to the upside as they report earnings on Thursday before the market opens. I would look to buy Walmart options Tuesday morning if the market has a positive reaction to HD earnings. If the reaction is negative, I would wait until the afternoon to buy those options and I would look for 2 weeks out at the money.
- Tech stocks including the FANG stocks were mixed today. Microsoft appeared to be a winner today.
- Another boring rainy day watching the stock market in Orlando today. Hopefully tomorrow will be more exciting.
Monday, May 14, 2018
Monday Ups and Downs
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I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo...
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I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo... -
I would like to own the job title of day trader. To be a successful day trader, you must focus on keeping your losses small and letting you...
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I typically narow in on one or two stocks daily to profit from options. I feel it is best to know a stock so good that you recognize patter...
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