- Trump Tweeted late last night that he can't wait until the jobs number is released this morning. It was a good one and the market reacted positively.
- FAANG hit new highs today. Facebook, Apple, Amazon and Netflix hit new all time highs today. Alphabet (GOOGL) had another day with a big run up. It closed Thursday at 1100 even and shot up to 1138 which makes 70 points in 3 days! Apple is hosting a developers conference next week. I would believe that FAANG will run up next week and Alphabet will break it's all time high by the end of the week, but might fall next Friday.
- Ford released sales numbers that were up .7% when it was expected to be down 1.4%. Many think that GM is the less expensive stock, but Ford is restructuring and going to excel in the long run.
- Sunrun (RUN) hit a 52 week high today. I am fond of Sunrun as I went with them to put the solar panels on our home. I believe they are over looked in the solar sector as they make a profit and most others have not reported a profit.
- All most everything was up today including the banks like JP Morgan. Boeing ran up quickly to 358 in the first 15 minutes then fell back below 355 and ended the day just under 357.
- Yesterday's reaction to the tariff talk was mild to the downside. Today's positive job report erased every one's memory of what a tariff is. Now that earning season is just about over, geopolitical concerns may be all that drives the market.
I am day trading with Options of stocks and have noticed tendencies and have decided to note them into this blog. At this time the information is free to use, but you should not rely on it for sole purpose of trading as I accept no responsibility for what you do with the information. I do encourage comments on what you see. Please follow me on Google+.
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Friday, June 1, 2018
Friday Market Boom!!!
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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...
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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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