• The market traded lower earlier in the day. The market then reversed higher for most of the day around noon time. The SPX then pulled back off its high in the final 30 minutes of the day. • The bulls see the market trading in a broad bull channel and want the move to continue for months. They want an endless pullback bull trend. • They want a retest of the...
Hi, I'm buying INTC via Call Options INTC 250321C24 @ 1.71 The broader market needs to trade higher and INTC needs to have follow-through buying for me to feel comfortable.. Let's see how this play out.
Have this on my watchlist to see if there are follow-through buying
This stock looks good for another leg up from here.
This is a risky and a bit scary trade.. because the Chinese stocks has been strong as demonstrated by the HK50 or BABA. I do feel that the market is slightly climactic.. Taking a short with PUTS JD 250321P43 @ 3.08
We had traded UDMY recently.. after breaking out following its earnings release, the market has been trading sideways, potentially forming a bull flag pattern for a second leg sideways to up.
This looks like a good buy candidate.
Taking a small short on BIDU using PUTS BIDU 250321P90 @ $5.65 The whole Chinese stocks have been on a tear and felt quite overdone.. it's clearer if you see stocks like BABA.. If the broader market falls, I reckon we should see at least a small pullback here? I was thinking of either shorting JD or BIDU. just choosing the weaker between these two..
Long CALL JD 250321C40 @ 4.6 Breakout from Bull Flag, Need follow-through buying over the next several days
Long APP 250221P470 @ 19.50 Some fair value estimate at $340. Are the current levels overvalued after the earnings gap up?
Breakout above $22 and head to $26
Weekend Market Updates & Analysis 25 Oct 2020 Note: If you would like to receive this the latest updates immediately without 3 days release, please search for my site Palm Analysis. Recap 1) Let’s start the report with a review of last week’s update and market conditions. You can read last week’s report by clicking here: Weekend Market Update – 18 Oct 2020 |...
Weekend Market Update – 18 Oct 2020 | FCPO, Soybean, Soybean Oil, Currencies and Others Take note that the updates here are 2 days late. If you would like the latest updates, please visit palmanalysis dot com Review Let’s start the report with a review of the past 2 weeks. 1) In my last update on the 4th Oct, I expected: On Soybean i. On Point 13 ii, I...
Weekend Market Updates & Analysis 4 Oct 2020 What Happened 1) FCPO opened higher Monday and then traded lower by Friday, closing near the low of the week. Recap from last Weekend’s update. You can read last week’s update here: Weekend Updates – 27 Sept 2020 | CPO, Soybean, Soybean Oil & Currencies 2) On Point: 58, 59, 60: In my last update, I have said that...
Weekend Market Updates & Analysis 27 Sept 2020 Where we are 1) The market opened higher on the 21st, and started to sell off in the afternoon throughout the whole week, and had a short covering outside up bar on Friday on some short profit taking. 2) When I was writing the last market report, prices was still very bullish and there was no indication of any...
Weekend Market Updates & Analysis 20 Sept 2020 1) Hello All, been a while since my last market updates on 27th March 20 when the market volatility was very high and the “Everything” sell off occurred. A few of you have been asking if I would restart my writings and thoughts of the market, and I too thought I should restart it. It helps me think through all of the...