Just got your report on options and technical analysis and read it. Having said that, what's your take on YUM?
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Just got your report on options and technical analysis and read it. Having said that, what's your take on YUM?
I would not buy a long call on YUM here.
Good morning, Greg. Just giving you the heads up on DIS. As you know, my upside target I gave you about 10 days ago was achieved. The next rally will generate the sell signal. I "should be" able to take care of the confirmed bottom on the dollah today so look for my "long and strong!" buy call on UUP. Banks are "likely" toast as methinks "market driven" interest rates now begin the protracted move loooower. I still consider TLT a strong hold here. Dollar low should also coincide with the low on the sexy VIXens. I will be posting my personal VIX trade on my VIX "mythical $1000" trading blog. Should be aaaall over but the crying for the major indicies this week. And the first move down will "shock!" you. :O Then we will see if bitcoin crashes and burns with the epicenter of this bubble >>> Silly Con Valley, Cali. You "might" want to move further inland if you just move there btw. :-)
Oh, also a short term sell signal on GLD today. I'm already short SLV again as of last week. I also generated a 100%+ one day gain in oil via USO Th into Fri. Took half that trade away. Getting ready to take the other half of the trade back though and it "looks like" my 9.55 target I mentioned at my USO! USO! USO! blog will be spot on. Find me a "safe haven," Greg! :-)
you better be real nimble on any sell here of prec. metals....
Naaah, plenty of time. I shoot for price targets anyway. SLV already "promised" a move to $14.43 and I have until 8/21 to get it to $15. Piece of cake for me. :-) This new trade is outlined on my "I'm a SLaVe for the SiLVer short" blog. I also had two long trades that generated 40% and 70% in 5 trading days previously...which was followed by my last short entry that netted 700%+ in 5 days of trading if held to expiration. I got out with a 240% gain though. If you can find someone who trades the sector better than I do...please! ...let me know and I will follow! :-)