IWO possible reversal signal250 Call Huge Interest
The emergence of naked calls within 20 delta is often a plan to reverse the asset near the call's breakeven area. However, we are not inclined to exaggerate the importance of this option position despite its Very significant size. The reason is that we have not seen a reversal of the upward movement yet .
IWO trade ideas
Overall market still in bottoming processA good leading indicator is comparing the Russel 2000 against the S&P 500.
For the last 6 years, every time the market bottoms its been with small cap stocks outperforming the general market.
And RUSSELL:RUT has been outperforming the SP:SPX since January
Just another thing to keep an eye on.
Stocks To Watch This WeekThere are no certainties in the stock market. These names have shown good relative strength . This is an ETF based weekly charts that is designed to make money. This system is perfect for the person who works full time and still wants to follow trend and outperform the market.
IWO - Small Cap Growth Re-accumulation Almost CompletedIWO seems to be on the verge of completing a re-accumulation in it's shares
- A break past the current low would signify this is not the case
Fundamentals:
- If you believe in the fed guidance that inflation is transitory and inflation will normalize this should support growth especially small cap growth companies as they were beaten down very aggressively from higher break even rates.
- Currently the market is priced for much higher inflation which we have started to see but the caveat is we have also priced these numbers for a longer period of time, 3-5 years meaning if we see a reversal of BE rates growth assets will get pushed up.
- Continued strong re-opening
EMA 50/150/5/10 HedgingHedging strategy by Puru Saxena (@saxena_puru) mentioned on Twitter .
If EMA 50 days is below the EMA 150 days we are in a down trend so let's look at EMA 5 day if it's under EMA 10 days and if these are true then start Hedging your portfolio using the beta value.
Stop hedging when EMA 5 day is over EMA 10 day or EMA 40 days is over EMA 150 days.
@cperruna on Twitter mentions this new way of handling hedging as well.