Comments on: Early-Session Stock Market Analysis 3-20-20

By: Bear trap Dan

Bear trap Dan — Fri, 20 Mar 2020 19:31:06 +0000

Video link broken

By: venetiandog

venetiandog — Fri, 20 Mar 2020 18:30:24 +0000

@rsotc Randy, completely understood why the focus is on indexes. However, as much as I will give it my best shot (although utterly inexperienced), with the aid of your genius, man we can all just retire this year if we play it right.

These were doing just fine before getting hit with the COVID-19 ban on public gatherings, and (unlike banks, airlines, etc) they have virtually no chance of going belly up before they’re allowed to “defrost”:

MAR
HLT
H

MCD
WEN
DRI

SEAS
CNK

I don’t know if Wednesday was the bottom of the century and I just forever missed it. I suspect there will probably an even worse capitulation moment. When/if that happens. If we can catch that falling knife without bleeding too much the R/R is just off the charts.

Also might consider these probably “weaker” ones:
CMG, QSR, SHAK, SBUX, JACK, WING, PZZA, DPZ, YUM, CHUY, EAT, TXRH
SIX, FUN, BUD, PLAY
IMAX, AMC

I really hope you attempt this bottom-fishing stunt of a century as official (silver level members) trades.
I can (and will) only try. Buy you, I know you can nail this one.

Thanks

By: gthompson333

gthompson333 — Fri, 20 Mar 2020 17:53:10 +0000

I took out a small position on QQQ, with a stop at 175. Sure enough, the algos dipped it down to 174.5 before reversing. Damn, they have those things programmed almost perfectly. Ha.

By: 761001

761001 — Fri, 20 Mar 2020 17:21:18 +0000

In reply to Miked8124. Hope that’s the case. Given so many bad news for coronavirus, it’s hard to hold on longs

By: Miked8124

Miked8124 — Fri, 20 Mar 2020 17:10:06 +0000

In reply to 761001. still higher highs and higher lows...

By: 761001

761001 — Fri, 20 Mar 2020 17:07:18 +0000

In reply to Miked8124. Thank you. That’s a hell of a save. My goodness

By: Miked8124

Miked8124 — Fri, 20 Mar 2020 16:57:57 +0000

In reply to 761001. wait...

By: Reddington

Reddington — Fri, 20 Mar 2020 16:57:21 +0000

Hi Randy, what money market funds do you recommend? I also noticed you use IBKR platform, do you know any Money Market Fund they offer? Thanks,

By: bransth

bransth — Fri, 20 Mar 2020 16:37:34 +0000

Looks like shorts and puts are going to make out like bandits.

By: 761001

761001 — Fri, 20 Mar 2020 16:26:59 +0000

Hi, randy, NQ dropped quickly and broke 7290, should we take a loss now and be out. Thanks