SPYvsGME

SPYvsGME

I never heard about The Merchant of Venice before this morning, but the more I read about it, the more Intrigued I became. The Merchant of Venice is a 16th-century play written by Shakespeare in which a merchant defaults on a loan provided by a Jewish moneylender, Shylock. For the purpose of brevity I can't go through the play or all its characters in its...

SPYvsGME Updated 

Lots of volatility possible in between now and Quad Witching in 2 weeks. Thu Dec9 30-y Auction Fri Dec 10 CPI Wed Dec 15 FOMC Fri Dec 17 Quad Witching The first 3 I don't think are going to cause much volatility, but it all depends on the result of each. The Quad Witching may be a bit more predictable. During the past 2 years, the QE+Stimulus...

SPYvsGME Updated 

It's time for another volume of SPYvsGME. I haven't been writing much about GME for some time now because I was in a dark place and needed to take a break to clear my head. I spent a majority of my time getting refocused on work, family and learning to trade in my spare time. Now it’s about time I explain how I started my fixation on the stock markets and GME...

SPYvsGME

Everyone is dreaming that Santa Powell brings us a Christmas rally to end the year. Not a coal powered covid winter wasteland. I am positioning for volatility over the next 2 weeks that I think may end with a christmas rally like non other. and upside down man stuck in the snow is what I see. A great Christmas I think there will be. Not Financial Advice....

SPYvsGME

VIX structure is a great indicator to plan upcoming Volatility events. I created this chart to identify entry points for future events that may cause volatility in market indexes. When VIX6M-VIX9D is above 6 you can find better lower premiums on PUTs to enter a position for a future event. During the peak IV of the event I cash in. Before the event I look...

SPYvsGME Updated 

My timetable was a little premature in my original Head & Shoulders prediction but it feels even more relevant now then ever. There is so much uncertainty creeping in each day. Can JPow save the day once again? Probable, but it will only delay the inevitable. Dark days to come. The PHUN is over.

SPYvsGME Updated 

I'm certainly not a person to take financial advice from. But today I noticed something in morning futures trading that concerned me. A news release on bio & tech caused about 5 minutes of extreme volatility and a test / rejection of 4712. My thoughts are that with Fed Bond purchases this morning at 10am there might be additional volatility for the indexes and...

SPYvsGME

I’m looking for a long term investment in a sea of overvalued bio & tech companies. Globus Medical caught my eye as a potential candidate after a large dark pool sell and recent pullback in indexes Globus Medical's index membership is Russell 1000, Russell 3000 and S&P Midcap 400. Financial Observations: PE ratio of 37 a return to 2017 levels. 7B Market...

SPYvsGME Updated 

The debt ceiling has provided many key pivots and trends for the past few months. The most recent 4665 that broke the bull trend as the fed become hawkish that coincided with another debt ceiling decision. When biden kicked the can to feb on the decision we saw what I think was the bottom and what might be a trend based retracement using the 2 key points of...

SPYvsGME

Some of you asked me to update this chart. I actually stayed up most of the night watching futures to get a handle on how dealers position around +/- gamma. I noticed before 8pm last night all rallies were being sold. Then almost like a switch being turned on a slow melt up started. You can see how uncharacteristic last night futures were as the melt up...

SPYvsGME

What do we say to the god of the Death Cross? Not Today. Friday Biden kicked the can to February, a much better month for a market crashes. I sat in an ER for 5 hours unvaccinated last weekend while Omnicron was present. Not dead! If anyone got caught by Evergrande defaulting, they belong on the short bus. Softbank who? I'm going to play devils advocate to...

SPYvsGME

This one was too PUNNY to pass up. WOODS days of searching for lost treasuries is almost at an end. Next Stop.. The bottom of the Ocean.

SPYvsGME Updated 

I have been dealing with some personal issues so I needed to take a break. I managed to time the break in the bull trend perfectly. Now I'm eyeing Dec 3rd and the 21W EMA which is a theoretical pivot between a Bull/Bear Market. I think we're in for more selling the next few days down to the 21W EMA unless a decision is made to raise it before the 3rd.

SPYvsGME

Maybe another run before the end of the day or next week. Not financial Advice. Just lighter side of learning to Trade!

SPYvsGME

looking for some volume to confirm a breakout or rejection here. I'll decide what to do for Monday when this indicator gives me a sign.

SPYvsGME

I found this fancy looking cup and handle pattern waiting to form. If outdoor advertising (aka Guns & Ammo) is your cup of tea its worth a second look. Not Financial Advise. Just a 007

SPYvsGME

Anyone who ever watched Twin Peaks knows BOB. I'm going to say this rather large ascending triangle is still in play consider the pedigree. Same as this chart purely on fundamentals like this one. Not Financial Advice. Just a 007.

SPYvsGME

The Honey Badger don't care. The Honey Badger is the most fearless animal in the kingdom. Bears, Bulls step aside. The Honey Badger is coming. What does it mean to call ES a honey badger? When the tool displays indifference or disregard for others' opinions. Look, a House of Bees. You think the Honey Badger Cares? He doesn't give a shit.