Today was in my thoughts very boring. Didn't see any fun trades the first 30 min of the day nor the last. However AMZN had a miss on earnings and still ended up hitting $290... anyways onto the watchlist.
FB was very weird today, but nothing that I didn't see coming, it looked like it needed a breather.
Anyways going into earnings I am a bit discouraged by todays action and I may not go for the earnings gamble I was
planning on entering. Lets see if FB can hold $30 and break back above 31 tommorrow. $30 break and I'm done with FB until post earnings.
After that predicted gap up we didn't see that $2 move above open, which was a short signal. We saw AAPL gain some support at around $450, and it had plenty of resistance in the high $450's. I think tommorrow gap down, and another run to $465, or gap down, and a slow fade.
Wow, earnings were a miss and AMZN still managed to see buyers. A lot of shorts are trapped in this one so we could be looking at a short squeeze tommorrow morning to $290's. I will be buying calls at open.
Mingle Forum by cartpauj
Page loaded in: 0.119 seconds.
Join our discussions in our chat room every trading day from 9am-5pm.