Comments on: Trade Ideas & Stock Market Analysis 5-13-20 https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 18:59:20 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: Ken https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17947 Fri, 15 May 2020 02:33:59 +0000 https://rightsideofthechart.com/?p=201216#comment-17947 In reply to FooHawk.

I am expecting FAAMG to break down soon, AMZN could see 2200 – 2150 soon, imho

]]> By: FooHawk https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17946 Fri, 15 May 2020 02:27:40 +0000 https://rightsideofthechart.com/?p=201216#comment-17946 In reply to becky.

I wonder if it was shorts getting squeezed. Would share FAAMG? Theory I am floating. I noticed it too. And Dow was even further ahead all day.

]]> By: gmatache https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17941 Thu, 14 May 2020 20:32:16 +0000 https://rightsideofthechart.com/?p=201216#comment-17941 In reply to bransth.

I thought that proving your immorality with facts is worth 10 minutes, but maybe proving immorality to an immoral jackass is indeed destined to fail. Not too mentioned that I have a feeling that your are also a pathological liar. That one goes hand in hand with your immorality, but I definitely celebrate your pain!

]]> By: bransth https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17940 Thu, 14 May 2020 20:22:24 +0000 https://rightsideofthechart.com/?p=201216#comment-17940 In reply to gmatache.

Sold my short term puts at the perfect time today! My long term puts are money….doesn’t matter how we chop in the next week. Easy 3-4 baggers. Day trading and long term for me in these markets.
OMG….I just noticed you are taking the time to go through old threads and take screen shots. What a loser!!! You and your green channel need to get a life once SPY plows through 305 tomorrow! LOL!
Easy money prediction:
Markets go up tomorrow, this loser will be strutting around like he’s Warren Buffett
Markets go down, he finds the nearest rock and hides under it.
Bawk! Bawk! Bawk!

Here I am just going about my day and completely forgot about you. Meanwhile, you can’t stop thinking about me and address me in your post for no reason. You sound like you are a scary person in real life. Focus on money and knowledge (and drawing trendlines! LOL!), not me.

]]> By: bransth https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17939 Thu, 14 May 2020 20:13:48 +0000 https://rightsideofthechart.com/?p=201216#comment-17939 In reply to Ken.

Got to be super nimble with those short term puts. My rule is never hold weeklys overnight….only day trade. Made well over 100% on a few QQQ weekly puts in the past few days. There should be LOTS of good opportunities in the next few months.

]]> By: gmatache https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17938 Thu, 14 May 2020 20:06:58 +0000 https://rightsideofthechart.com/?p=201216#comment-17938 In reply to gmatache.

And just for @bransth, if we do open at 2900 and then push towards 2940, I hope you’re still short. While you were making fun on my green channel I actually told you were to put the stop (hopefully you didn’t).

]]> By: gmatache https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17936 Thu, 14 May 2020 19:55:31 +0000 https://rightsideofthechart.com/?p=201216#comment-17936 There are some very bullish signs on SPY, on top of those mentioned by Randy:
– on the hourly chart, the 12pm candle took out impulsively the down trend and is back-testing the green bullish channel (only the benefit of the doubt line, for now, because there is another one around 2895)
– on the daily chart we have two consecutive very bullish candles. Yesterday we have had an indecision candle (equal top.low shadows with a rather small body), followed by a bullish hammer candlestick today (green candle, body at the top and very long shadow below). These two candles, combined with the impulsive rejection of the 2770 support (we are 2.5% off today’s lows) makes this posture extremely bullish.

On the bearish case, the only hope is to have a rejection of the bullish development once the retail sales and the consumer confidence come out tomorrow morning, even though when the market is swimming in liquidity no bad numbers have been able to give us a bearish move in more than 2 months.

Finally, considering that in the past months we have been seeing significant moves up during the night (not market manipulation, but European players buying US stocks), I would not be surprise to see 2900 tomorrow morning.

]]> By: FooHawk https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17933 Thu, 14 May 2020 18:33:39 +0000 https://rightsideofthechart.com/?p=201216#comment-17933 In reply to becky.

Interesting, I am wondering the same.

]]> By: becky https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17932 Thu, 14 May 2020 18:20:54 +0000 https://rightsideofthechart.com/?p=201216#comment-17932 In reply to Ken.

Haha! 120K OI. LMAO

]]> By: FooHawk https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17931 Thu, 14 May 2020 18:09:05 +0000 https://rightsideofthechart.com/?p=201216#comment-17931 In reply to Ken.

God, I hope you are right!!!

]]> By: Ken https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17930 Thu, 14 May 2020 18:04:26 +0000 https://rightsideofthechart.com/?p=201216#comment-17930 SPY possibly going back to mid 270s, consider PUTs expiring tomorrow… (SPY Current: 281.86)

]]> By: becky https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17929 Thu, 14 May 2020 17:54:39 +0000 https://rightsideofthechart.com/?p=201216#comment-17929 What I noticed today that /NQ was slightly lagging behind /ES. Maybe that’s because levels are aligned differently on charts or maybe because those 200 P/E companies like ADSK have started to show some cracks.

]]> By: bransth https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17928 Thu, 14 May 2020 17:49:58 +0000 https://rightsideofthechart.com/?p=201216#comment-17928 I like how you get little nuggets of knowledge and experience in videos. I never would have noticed that the PPO can take on different meanings depending on what security is being tracked.

]]> By: roguetraderone https://rightsideofthechart.com/trade-ideas-stock-market-analysis-5-13-20/#comment-17927 Thu, 14 May 2020 17:11:46 +0000 https://rightsideofthechart.com/?p=201216#comment-17927 Thank you.

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