- Goldman Sachs had a great earnings report, but went down during Tuesday's trading session. Boeing started up went down a little and back up a little. Home Depot and Best Buy were strong today as they were lead by positive news from Walmart joining forces with Microsoft to combat Amazon. The Fed Chairman gave a testament to Congress this morning where he was grilled about the treatment of the banks.
- Netflix subscription miss caused their stock to get over sold in yesterday's after hours session. Alphabet (GOOGL) and Amazon were drug 20 points lower yesterday after the market close which clearly didn't make sense as they both moved up past their recently set all time highs by lunch time. Netflix went up taking back more than half of what it lost yesterday. I would not be surprised if it went down for the rest of the week.
- Pick a Call Option out of the money below the all time high for either Alphabet or Amazon at market open and you would have tripled your money if you had the guts to hold on until noon. Brings me to another learning lesson, but first the chart:
- LEARNING LESSON: When one of the FANG stocks has bad news, it will create a buying opportunity for the unrelated others.
Tuesday, July 17, 2018
Bad Earning Report =Buying Opportunities
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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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