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Prepping for a Financial crisis / hyperinflation.

So what can we do about it? Any ideas are welcome.
It has a lot of "what if's"... It depends how tax and law play out with it.Historically speaking:
  1. -I stock bulk diesel for my cars while following historical averages to buy cheap.
  2. -Rotating food stock
  3. -Extra maintenance items, including the big things like a roof on your home if its coming time. Not joking I have a spare water heater and backup heating options, along with minor parts and filters to fix them. Same with cars and engines, (spark plugs, filters (all different filters), oil, cheap sensors that usually go bad and are only 4-10$ each, 1-2 extra alternator per vehicle, belts, mowing belts, bearings, grease, ... and I've literally had to use everything on that list and reorder.)
  1. -Security, Locks, Alarms, Cameras, people steal.
  2. A deep freezer for instance can stock food you use and buy on sale.
  3. Solar energy and solar heating supplements energy you use anyways
  4. Rainwater can be collected and used rather than buying from a source.
  5. A cooking gadget vs eating out.
  6. Tools and learning to fix things vs hire.
  7. House insulation.-Better insulative windows, and sealing.
  8. Geo-Thermal
  9. Gardening
  10. Bidet on toilet (lol serious though...)
  11. Backup power
  12. Your education can be a huge one, not just for prepping but also in your work.
  13. Things that prevent rot, fire, flood / humidity, or failure. Humidity is a silent killer to many preps. (water sump pumps, dehumidifiers, leak prevention, fire extinguishers / sprinklers, )
submitted by AntiSonOfBitchamajig to preppers [link] [comments]

Flatten the Curve. #18. The current cold war between China and America explained. And how China was behind the 2008 Wall Street financial Crash. World War 3 is coming.

China, the USA, and the Afghanistan war are linked. And in order to get here, we will start there.
9-11 happened. Most of the planet mistakenly understood terrorists had struck a blow against Freedom and Capitalism and Democracy. It was time to invade Afghanistan. Yet all of the terrorists were linked to Saudi Arabia and not Afghanistan, that didn't make sense either. Yet they invaded to find Bin Laden, an ex CIA asset against the Soviet Union and it's subjugation of Afghanistan. The land in the middle of nowhere in relation to North America and the West. It was barren. A backwater without any strategic importance or natural resources.
Or was there?
The survey for rare earth elements was only made possible by the 2001 U.S. invasion, with work beginning in 2004. Mirzad says the Russians had already done significant surveying work during their military occupation of the country in the 1980s. Mirzad also toes the line for U.S. corporations, arguing, “The Afghan government should not touch the mining business. We have to give enough information to potential investors.”
Rare Earth Elements. The elements that make the information age possible. People could understand the First Gulf War and the Geopolitical importance of oil. That was easy, but it still didn't sound morally just to have a war for oil. It was too imperialist and so they fell in line and supported a war for Kuwaiti freedom instead, despite the obvious and public manipulation at the UN by Nayirah.
This is some of her testimony to the Human Rights Council.
While I was there, I saw the Iraqi soldiers come into the hospital with guns. They took the babies out of the incubators, took the incubators and left the children to die on the cold floor. It was horrifying. I could not help but think of my nephew who was born premature and might have died that day as well. After I left the hospital, some of my friends and I distributed flyers condemning the Iraqi invasion until we were warned we might be killed if the Iraqis saw us.
The Iraqis have destroyed everything in Kuwait. They stripped the supermarkets of food, the pharmacies of medicine, the factories of medical supplies, ransacked their houses and tortured neighbors and friends.
There was only one problem. She was the daughter of Saud Al-Sabah, the Kuwaiti ambassador to the United States. Furthermore, it was revealed that her testimony was organized as part of the Citizens for a Free Kuwait public relations campaign, which was run by the American public relations firm Hill & Knowlton for the Kuwaiti government (fun fact, Hill & Knowlton also have extensive ties with Bill Gates).
So the public was aghast at her testimony and supported the war against the mainly Soviet backed, but also American supported and Soviet backed Saddam Hussein, in his war against Iran, after the Iranians refused to Ally with American interests after the Islamic Revolution.
But that was oil, this was Rare Earth Elements. There was a reason the war was called, Operation Enduring Freedom. This natural resource was far more important in the long run. You couldn't have a security surveillance apparatus without it. And what was supposed to be a war on terror was in actuality a territorial occupation for resources.
Sleeping Dragon China is next, and where there's smoke, there's fire.
Let's go point form for clarity.
• China entered the rare earth market in the mid-1980s, at a time when the US was the major producer. But China soon caught up and became the production leader for rare earths. Its heavily state-supported strategy was aimed at dominating the global rare earth industry.
• 1989 Beijing’s Tiananmen Square spring. The U.S. government suspends military sales to Beijing and freezes relations.
• 1997. Clinton secures the release of Wei and Tiananmen Square protester Wang Dan. Beijing deports both dissidents to the United States. (If you don't understand these two were CIA assets working in China, you need to accept that not everything will be published. America wouldn't care about two political activists, but why would care about two intelligence operatives).
• March 1996. Taiwan’s First Free Presidential Vote.
• May 1999. America "accidently" bombs the Belgrade Chinese Embassy.
• 2002 Price competitiveness was hard for the USA to achieve due to low to non-existent Chinese environmental standards; as a result, the US finally stopped its rare earth production.
• October 2000. U.S. President Bill Clinton signs the U.S.-China Relations Act. China's take over of the market share in rare earth elements starts to increase.
• October 2001. Afghanistan war Enduring Freedom started to secure rare earth elements (Haven't you ever wondered how they could mobilize and invade so quickly? The military was already prepared).
• 2005. China establishes a monopoly on global production by keeping mineral prices low and then panics markets by introducing export quotas to raise prices by limiting supply.
• Rare Earth Elements. Prices go into the stratosphere (for example, dysprosium prices do a bitcoin, rocketing from $118/kg to $2,262/kg between 2008 and 2011).
• In a September 2005. Deputy Secretary of State Robert B. Zoellick initiates a strategic dialogue with China. This was presented as dialog to acknowledge China's emergence as a Superpower (which China probably insisted on), but it was about rare earth elements market price.
• October 2006. China allows North Korea to conduct its first nuclear test, China serves as a mediator to bring Pyongyang back to the negotiating table with the USA.
• September 2006. American housing prices start to fall.
(At some point after this, secret negotiations must have become increasingly hostile).
• March 2007. China Increases Military Spending. U.S. Vice President Dick Cheney says China’s military buildup is “not consistent” with the country’s stated goal of a “peaceful rise.”
• Mid-2005 and mid-2006. China bought between $100b and $250 billion of US housing debt between mid-2005 and mid-2006. This debt was bought using the same financial instruments that caused the financial collapse.
• 2006. Housing prices started to fall for the first time in decades.
• Mid-2006 and mid-2007. China likely added another $390b to its reserves. "At the same time, if China stopped buying -- especially now, when the private market is clogged up -- US financial markets would really seize up." Council on Foreign Relations-2007 August
• February 27, 2007. Stock markets in China and the U.S. fell by the most since 2003. Investors leave the money market and flock to Government backed Treasury Bills.
I've never seen it like this before,'' said Jim Galluzzo, who began trading short-maturity Treasuries 20 years ago and now trades bills at RBS Greenwich Capital in Greenwich, Connecticut.Bills right now are trading like dot-coms.''
We had clients asking to be pulled out of money market funds and wanting to get into Treasuries,'' said Henley Smith, fixed-income manager in New York at Castleton Partners, which oversees about $150 million in bonds.People are buying T-bills because you know exactly what's in it.''
• February 13, 2008. The Economic Stimulus Act of 2008 was enacted, which included a tax rebate. The total cost of this bill was projected at $152 billion for 2008. A December 2009 study found that only about one-third of the tax rebate was spent, providing only a modest amount of stimulus.
• September 2008. China Becomes Largest U.S. Foreign Creditor at 600 billion dollars.
• 2010. China’s market power peaked in when it reached a market share of around 97% of all rare earth mineral production. Outside of China, there were almost no other producers left.
Outside of China, the US is the second largest consumer of rare earths in the world behind Japan.
About 60% of US rare earth imports are used as catalysts for petroleum refining, making it the country’s major consumer of rare earths.
The US military also depends on rare earths. Many of the most advanced US weapon systems, including smart bombs, unmanned drones, cruise missiles, laser targeting, radar systems and the Joint Strike Fighter programme rely on rare earths. Against this background, the US Department of Defense (DoD) stated that “reliable access to the necessary material is a bedrock requirement for DOD”
• 2010. A trade dispute arose when the Chinese government reduced its export quotas by 40% in 2010, sending the rare earths prices in the markets outside China soaring. The government argued that the quotas were necessary to protect the environment.
• August 2010. China Becomes World’s Second-Largest Economy.
• November 2011. U.S. Secretary of State Hillary Clinton outlines a U.S. “pivot” to Asia. Clinton’s call for “increased investment—diplomatic, economic, strategic, and otherwise—in the Asia-Pacific region” is seen as a move to counter China’s growing clout.
• December 2011. U.S. President Barack Obama announces the United States and eight other nations have reached an agreement on the Trans-Pacific Partnership later announces plans to deploy 2,500 marines in Australia, prompting criticism from Beijing.
• November 2012. China’s New Leadership. Xi Jinping replaces Hu Jintao as president, Communist Party general secretary, and chairman of the Central Military Commission. Xi delivers a series of speeches on the “rejuvenation” of China.
• June 2013. U.S. President Barack Obama hosts Chinese President Xi Jinping for a “shirt-sleeves summit”
• May 19, 2014. A U.S. court indicts five Chinese hackers, allegedly with ties to China’s People’s Liberation Army, on charges of stealing trade technology from U.S. companies.
• November 12, 2014. Joint Climate Announcement. Barack Obama and Chinese President Xi Jinping issue a joint statement on climate change, pledging to reduce carbon emissions. (which very conveniently allows the quotas to fall and save pride for Xi).
• 2015. China drops the export quotas because in 2014, the WTO ruled against China.
• May 30, 2015 U.S. Warns China Over South China Sea. (China is trying to expand it's buffer zone to build a defense for the coming war).
• January 2016. The government to abolish the one-child policy, now allowing all families to have two children.
• February 9, 2017. Trump Affirms One China Policy After Raising Doubts.
• April 6 – 7, 2017. Trump Hosts Xi at Mar-a-Lago. Beijing and Washington to expand trade of products and services like beef, poultry, and electronic payments, though the countries do not address more contentious trade issues including aluminum, car parts, and steel.
• November 2017. President Xi meets with President Trump in another high profile summit.
• March 22, 2018. Trump Tariffs Target China. The White House alleges Chinese theft of U.S. technology and intellectual property. Coming on the heels of tariffs on steel and aluminum imports, the measures target goods including clothing, shoes, and electronics and restrict some Chinese investment in the United States.
• July 6, 2018 U.S.-China Trade War Escalates.
• September 2018. Modifications led to the exclusion of rare earths from the final list of products and they consequently were not subject to import tariffs imposed by the US government in September 2018.
• October 4, 2018. Pence Speech Signals Hard-Line Approach. He condemns what he calls growing Chinese military aggression, especially in the South China Sea, criticizes increased censorship and religious persecution by the Chinese government, and accuses China of stealing American intellectual property and interfering in U.S. elections.
• December 1, 2018. Canada Arrests Huawei Executive.
• March 6, 2019. Huawei Sues the United States.
• March 27 2019. India and the US signed an agreement to "strengthen bilateral security and civil nuclear cooperation" including the construction of six American nuclear reactors in India
• May 10, 2019. Trade War Intensifies.
• August 5, 2019. U.S. Labels China a Currency Manipulator.
• November 27, 2019. Trump Signs Bill Supporting Hong Kong Protesters. Chinese officials condemn the move, impose sanctions on several U.S.-based organizations, and suspend U.S. warship visits to Hong Kong.
• January 15, 2020. ‘Phase One’ Trade Deal Signed. But the agreement maintains most tariffs and does not mention the Chinese government’s extensive subsidies. Days before the signing, the United States dropped its designation of China as a currency manipulator.
• January 31, 2020. Tensions Soar Amid Coronavirus Pandemic.
• March 18, 2020. China Expels American Journalists. The Chinese government announces it will expel at least thirteen journalists from three U.S. newspapers—the New York Times, Wall Street Journal, and Washington Post—whose press credentials are set to expire in 2020. Beijing also demands that those outlets, as well as TIME and Voice of America, share information with the government about their operations in China. The Chinese Foreign Ministry says the moves are in response to the U.S. government’s decision earlier in the year to limit the number of Chinese journalists from five state-run media outlets in the United States to 100, down from 160, and designate those outlets as foreign missions.
And here we are. You may have noticed the Rare Earth Elements and the inclusion of Environmental Standards. Yes these are key to understanding the Geopolitical reality and importance of these events. There's a reason the one child policy stopped. Troop additions.
I believe our current political reality started at Tiananmen square. The protests were an American sponsored attempt at regime change after the failure to convince them to leave totalitarian communism and join a greater political framework.
Do I have proof? Yes.
China, as far as I'm concerned, was responsible for the 2008 economic crisis. The Rare Earth Elements were an attempt to weaken the States and strengthen themselves simultaneously. This stranglehold either forced America to trade with China, or the trade was an American Trojan horse to eventually collapse their economy and cause a revolution after Tiananmen Square failed. Does my second proposal sound far fetched? Didn't the economy just shut down in response to the epidemic? Aren't both sides blaming the other? At this POINT, the epidemic seems to be overstated doesn’t it? Don't the casualties tend to the elder demographic and those already weakened by a primary disease?
Exactly the kinds who wouldn't fight in a war.
Does this change some of my views on the possibility of upcoming catastrophes and reasons for certain events? No. This is Chess, and there are obvious moves in chess, hidden moves in chess, but the best moves involve peices which can be utilized in different ways if the board calls for it.
Is all what it seems? No.
I definitely changed a few previously held beliefs prior to today, and I would caution you in advance that you will find some previously held convictions challenged.
After uncovering what I did today, I would also strongly suggest reading information cautiously. This is all merely a culmination of ending the cold war, and once I have events laid out, you will see it as well.
At this moment, the end analysis is a war will start in the near future. This will be mainly for a few reasons, preemptive resource control for water and crops, population reduction can be achieved since we have too many people, not enough jobs, and upcoming resource scarcity.
Did you notice my omission of rare earth elements? This is because of Afghanistan. I would wager China or Russia is somehow supporting the continued resistance through Iran. But events are now accelerating with China because the western collation has already begun to build up their mines and start production.
Do you remember when Trump made a "joke" about buying Greenland? Yeah. It turns out that Greenland has one of the largest rare earth mineral deposits on the planet.
Take care. Be safe. Stay aware and be prepared.
This message not brought to you by the Bill and Melinda Gates Foundation, Microsoft, Google, Facebook, Elon Musk, Blackrock, Vangaurd, the Rockefeller Foundation, Rand Corporation, DARPA, Rothschilds, Agenda 21, Agenda 30, and ID 2020.
submitted by biggreekgeek to conspiracy [link] [comments]

WMT vs AMZN?

For Trading JULY 8th
JOLTs 5.4 vs. 5 Million
NVAX gets $1.6B from BARDA
Today’s market got off to a very soft start in the DJIA but not so much in the NASDAQ and S&P-500, with the DJIA starting off -240 and managing a rally only as far as -125 before spending several hours going sideways until the last hour of trading when the NASDAQ and S&P ran out of steam and fell below the close and the selloff resumed. It’s never a good thing when and overbought index makes a new all-time high and then closes down and on the lows. The DJIA was -396.85 (1.51%), NASDAQ -89.76 (.86%), S&P 500 -34.30 (1.08%), the Russell -26.89 (1.86%) and the DJ Transports -108 (1.1%). The internals were 3:1 down on NYSE and 2.5:1 on NASDAQ with volume on the NYSE 2:1 down also. The DJIA was 28 down and only 2 up with WMT the big gainer +55 DP’s and on the downside, BA-62, GS -55, and UNH -43DP’s. Even with the good JOLTs number, this market is just over-extended and tired. The stat I mentioned in tonight’s video about the S&P is very telling, I think, with the S&P only 2% off its high, the median S&P stock is down 11%. This market has simply gotten too narrow and it will correct.
We sold half of the remaining NEM 7/17 $60’s bought @ 1.55 and added to last Friday @ $1.30 for an average of $1.47 triggered a 100% Up Rule sale at $2.94, and today’s sale was @ $3.20. They closed today $3.20. We also own a position in SLV 8/21 17 calls @ $ .74, and they closed $ .75, and we also added a spread using the NEM 8/65 / 70 calls at a $1.30 debit.
Tonight’s closing comment video https://youtu.be/5afUNy48sFI
Our Discord Forum link is on the video description..
SECTORS: The FAANG names all finished near the lows, several like MSFT coming off a new all-time high and closing down on the day. Not a good sign if they follow-thru to the downside tomorrow. Also having trouble was CCL, who has had to cancel several cruises for Q4 and Q1 2021. It closed $14.57 -1.04 (6.7%). Add to that, the UAL report that it is giving warnings that it will be laying off “10’2 of thousands of employees.” UAL finished $32.55 -2.66 (7.55%). These two companies do not operate in a vacuum, so both groups are in jeopardy, again. Novavax (NVAX) got a $1.6billion grant from BARDA (Biomedical Advanced Research and Development Authority) to help it along in it’s search for a workable vaccine. The stock, up from $8 as late as the end of February had worked its way up to $85 last month and opened today $104 and traded as high as $111.77 and finished $104.56 +25.12 (31.63%). Don’t get too crazy with this one, this is not its first rodeo. In 2015 it was trading $300 before it had a failure on a different vaccine and the stock fell to $80 before a rally and then in the week of 9/16/2016 it fell further from $169.80 to $23.20 and then on to the adjusted (1:20 reverse) low around $4.00. We’ll hope for a better outcome this time around. Walmart was the big winner on a RECODE that said they are ready to launch Walmart +, to compete with Amazon Prime for same day grocery delivery and next day for other products. Its move today added 55 DP’s to the averages. I don’t think it’s a big deal since for the same money, with Prime you get streaming too. And the margins on groceries are razor thin.
FOOD SUPPLY CHAIN was MIXED with TSN -.67, BGS +.70, FLO -.03, CPB -.11, CAG +.54, MDLZ -.22, KHC +.22, CALM +.03, JJSF -1.43, SAFM +.54, HRL -.14, SJM +.18, PPC -.34, KR -.03, and PBJ $31.56 +.06 (.19%).
BIOPHARMA was MIXED with BIIB - -1.72, ABBV +.72, REGN +14.50, ISRG -9.30, GILD -.13, MYL -.43, TEVA -.29, VRTX +8.35, BHC -.59, INCY +.86, ICPT -.74, LABU +3.36, and IBB $140.15 +.71 (.51%).
CANNABIS: was LOWER with TLRY -.13, CGC -.40, CRON -.19, GWPH +2.93, ACB +.17, CURLF -.07, KERN -.62 and MJ $13.08 -.01 (.08%).
DEFENSE: was LOWER with LMT -8.59, GD -3.29, TXT -1.73, NOC -7.89, BWXT -1.78, TDY – 7.84, RTX -2.12 and ITA $160.32 -6.10 (3.67%).
RETAIL: was LOWER with M +.03, JWN -.58, KSS -.72, DDS -.88, WMT +9.11 (7.66%), TGT -1.40, TJX -1.84, RL -2.49, UAA -.41, LULU -6.66, TPR -.51, CPRI -.18 and XRT $43.78 -.43 (.97%).
FAANG and Big Cap: were MIXED with GOOGL -7.40, AMZN -44.69, AAPL +1.06, FB -.91, NFLX +.69, NVDA +3.06, TSLA +9.42, BABA -2.60, BIDU -4.54, CMG -10.92, CAT -2.03, BA -8.57, DIS -.53 and XLK $106.34 -.77 (.72%).
FINANCIALS were LOWER with GS – 7.91, JPM2.52, BAC -.63, MS -1.32, C -1.53, PNC -3.15, AIG -1.36, TRV -2.45, AXP -3.48, V -3.13, and XLF $22.93 -.48 (2.05%).
OIL, $40.62 -.01. Oil was lower in last night’s trading before we rallied in the morning. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. We needed a close over the previous high close of $40.83 and while we were there, we sold off to close below that number. The stocks were higher with XLE $36.26 -1.19 (3.18%).
GOLD $1,809.80 +16.40. It was a continuation rally and a new recovery high OF $1807.70 Last night I said “we’ve moved $50 since the low on Friday and while the trend and momentum are positive, we may have to test 1790 to consolidate our gains.” Unfortunately, we pulled back to 1,767 instead. We rallied a bit and finished only slightly better. We bought back the 3rd and final lot of NEM @ $58.86. And, we also added a half position in NEM 7/17 60 calls @ $1.55, and additional 50% @ $1.30 on Friday. We sold half on the 100% Up Rule @ $2.94 and half of what was left today @ $3.20, we closed $3.20 + .80 today.
BITCOIN: closed $9,290 -65. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $9.76 - .19 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

For Trading July 21

For Trading JULY 21st
AMZN $3,800 TARGET
NASDAQ Strength Returns
Airline Travel Down 4%
IBM BEATS +6%
Today’s market got off to strong start on the NASDAQ with a return to the favored position after a week of weakness, and the S&P followed, at a distance as the DJIA was the weak sister. But the rally continued on with price target increases for AMZN by both Goldman and Jefferies with the new target of $3,800. The final numbers were DJIA +8.92 (.03%), NASDAQ +263.90 (2.51%), S&P-500 +27.11 (.84%), the Russell -5.36 (.36%), and the Transports were -154.96 (1.57%). Internals were soft with NYSE 4:3 down and NASDAQ just barely ahead at 17:15.5. Volume on the NYSE was down while NAZ was slightly higher. DJIA was 20:10 down with the biggest winner MSFT +60 and AAPL +56DP’s while the losers were MMM -25 and UNH -21DP’s.
While there was some encouraging vaccine news, there were also several disappointments from both AZN and a downgrade of MRNA. It’s tough to live up to all the hype! MRNA finished the day @ $82.68 -12.17 (13%) and AZN, down from the high of $64.94 to close $58.68 -2.42 (5.3%).
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s highly informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/oxpqtYs8Tiw
SECTORS: IBM was the feature and while they reported the 9th quarter that they had lower revenues but still beat estimates both for revs and earnings. The stock, up from $115 just 10 days ago to close $132.15 + 7.04 (6.3%). The fall of the transports was due primarily to the airlines. The public has decided to act with some restraint and actually hasn’t fallen for all the “feel-good” happy talk about going places by plane. After the airlines have had new low fares and increased their capacity, the planes are flying half empty and for the week the number of passengers fell 4%. Cheers for people acting in a safe and sound manner and keeping social distancing, and not falling for the BS of “the empty center seat” is adequate. It reminds me of the “old days” of my youth when there were smoking sections on planes. What a joke that was, as if the first 10 rows in coach weren’t filled with smoke from the last rows of the first-class section.
FOOD SUPPLY CHAIN was LOWER with TSN -.66, BGS -.40, FLO -.06, CPB -.38, CAG -.38, MDLZ -.65, KHC -.96, CALM -.35, JJSF -1.34, SAFM -2.62, HRL -.22, SJM -.59, PPC -.50, KR +.30, and PBJ $32.44 -.16 (.47%).
BIOPHARMA was HIGHER with BIIB +1.52, ABBV -1.11, REGN +14.15, ISRG +16.80, GILD +.51, MYL -.30, TEVA +.27, VRTX +7.47, BHC -.20, INCY +5.58, ICPT -.58, LABU +2.73, and IBB $145.78 +1.82 (1.26%).
CANNABIS: was LOWER with TLRY -.22, CGC -.26, CRON -.11, GWPH +1.90, ACB -.30, NBEV +1.47 (88%) ON MERGER NEWS, CURLF +.03, KERN -.25 and MJ $13.37 -.15 (1.11%).
DEFENSE: was LOWER with LMT +3.00, GD -1.49, TXT -.45, NOC -5.35, BWXT -.29, TDY -1.21, RTX -.74 and ITA $161.76 -1.93 (1.18%).
RETAIL: was LOWER with M -.28, JWN -.46, KSS -.82, DDS -.32, WMT -.34, TGT -1.69, TJX -1.11, RL -2.01, UAA -.20, LULU +10.48, TPR -.64, CPRI -.79, and XRT $44.99 -.29 (.64%).
FAANG and Big Cap: were HIGHER with GOOGL +47.15, AMZN +246.03 (8.31%), AAPL +8.49, FB +3.46, NFLX +9.29, NVDA +12.60, TSLA +162.16, BABA +7.91, BIDU +1.73, CMG +30.78, CAT -2.11, BA -.79, DIS -.85 and XLK $170.80 +.82 (.48%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS +.36, JPM -.76, BAC +.34, MS -.48, C -.19, PNC -.03, AIG -.67, TRV -.19, AXP -1.20, V +3.65 and XLF $23.84 -.11 (.46%).
OIL, $40.92 +.17. Oil was lower in last night’s trading before we rallied in the morning. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, that it is a toss-up for a move in either direction. We had a merger of NBL and CVX today, possibly setting up more M&A in the near future. The stocks were MIXED with XLE $36.08 -.61 (1.66%).
GOLD $1,817.40 +7.40. It was a continuation rally and a new recovery high of $1,829.80. I have only the NEM August 65 / 70 spread on in the Gold market. We also have GLD 7/24 170 call position @ $1.22 that finished $1.50 +.29.
BITCOIN: closed $9,190 -5. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $9.42 - .12 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

NXT Dimension’s 1 month anniversary customer appreciation sale! $5 cubes and $9 exotics all night and all day tomorrow.

1 month anniversary mega sale! First and foremost I want to thank everyone in this community for giving me the chance to be here today. I am absolutely shocked with the kindness and trust you put on me when I was relatively unknown. Now I think people are starting to know my name a little and it’s such a great feeling. Here the stats from the first 30 days that YOU made possible:
Total orders:
174 (4 international, started 1 week ago and I love sending to other countries, it’s so much fun)
Varieties started with: 9 Varieties offered now: 23 (2 more in the mail)
10/10 reviews so far:
40 (really want that 50 flair so help me out :) I might have 50 ir never tells me when I’m tagged so I have to search all over)
Other details:
With your help I was able to move away from my cumbersome SAB and purchase a Novatek laminar flow hood. This would not have been possible without your support and I hope it is able to help me put out products more efficiently and also higher quality.
I love doing this more than anything, and I wanted to offer a sale to thank you. 5/10 was the day I started so I’m doing $5 cubes and $10 exotics. Scratch that, let’s pretend I started the 9th because I have done 5/10 before and I want this to be the best sale yet,
$5 cubes $9 exotics today and tomorrow!
For Microscopy Use Only
No sales to CA, GA, ID
Shipping to USA, Canada, and most other countries. $11 first class tracked shipping to most international countries (India / Philippines is unavailable at this time) So if you asked me before if I shipped to your country and I said “no, sorry” the new answer is “yes, please!!”
Free shipping on orders $50+ in US only just for this sale. The high weights of the 7/8 syringe orders and low price make me paying shipping very difficult considering the fees I have to pay on PayPal , etc but I’ll never charge over $4 for shipping even when it’s higher for me. After this sale it will go back to the $35 threshold, Thank you for understanding. Shipping for under $50 is a flat $4.
Cashapp / Venmo preferred
PayPal, amazon gift cards, bitcoin also accepted
Current list of 10ml (more like 11-12ml) spore syringes
P. Cubensis Varieties: $5 each
  1. Albino A+
  2. RustyWhyte
  3. Golden Teacher
  4. Hillbilly
  5. Malabar Coast
  6. Ecuadorian
  7. Z-Strain
  8. A+
  9. B+
  10. Purple mystic
  11. Redboys
  12. Shooting Stars
  13. PESH
  14. PESA
  15. Blue Meanie (cube)
  16. Mexican Dutch King
  17. Golden Mammoth
  18. Amazon
  19. Mazatapec
Coming next week: Lizard King
Exotic Syringes $9 each
  1. ESS - Envy Super Strain (PE x KSSS)
  2. PE6 (PE x Texas)
Exotic Swabs (2 per pack) $9 each
  1. Psilocybe Cyanescens
  2. Psilocybe Azurescens
  3. APE
Send chat or message me with any questions and a website is being built right now and will be finished shortly.
Thank you!
-NXT-
submitted by NXT_Dimension to SporeSwap [link] [comments]

For Trading July 2nd

ISM Back Over 50
FEDEX Loss Sends the Stock Up
Pfizer in the Vaccine Race
We added some CVS 7/67.50 calls on the decline with an average price of $1.16 and they finished $ .59, and the NEM 7/17 $60’s @ 1.55 and added to last Friday @ $1.30 for an average of $1.47 triggered a 100% Up Rule sale at $2.94 this morning. They closed today $2.81. We also added a position in SLV 8/21 17 calls @ $ .74, and they closed $ .7
Today’s market got off to a decent start and rallied to a high of +210 by 9:45 but didn’t hold it and was back down on the day by 11:00 but wouldn’t give up, and spent all day between + / - 100 until the close when it sold off in the last 15 minutes and finished -77.91 (.30%). The DJIA was the outcast with the NASDAQ +95.86 (.95%) at another new high, S&P +15.57 (.50%), the Russell -14.05 (.97%), and the DJ Transports -19.71 (.21%) even though FDX and UPS had added 120 DJT points to the average. Market internals were even on the NYSE while the NASDAQ was actually 9:7 Down, regardless of its new high close. The DJIA was 20:9 down and WMT unchanged with no winners or losers moving over 20 DP’s. Volume on NYSE was average but on the NAZ it was about 20% higher than yesterday. Hong Kong and Covid-19 were the big negatives today and it was the ISM gains to 52.6, well over the 50 break-point, and the excitement of the PFE vaccine news were the big positives that helps us higher.
Tonight’s closing comment video https://youtu.be/dr95ohxzdjo
Our Discord forum link is in the video description..
SECTORS: The transports were the sector in the spotlight with FDX earnings (a loss) sending the stock higher by $16.44, although it closed just over its low of the day with a gain of 11.7% after being up over 14% for the biggest one-day gain since coming public in 1978. UPS also gained 2.9% and between them they added 120 point to the average but still couldn’t keep the average in positive territory.
FOOD SUPPLY CHAIN was LOWER with TSN -.53, BGS -.08, FLO -.11, CPB -.32, CAG +.50, MDLZ -.05, KHC -.21, CALM -.54, JJSF -2.80, SAFM -3.21, HRL -.83, SJM -.59, PPC -.15, KR -.20, and PBJ $31.06 -.17 (.54%).
BIOPHARMA was MIXED with BIIB -3.44, ABBV +1.22, REGN -15.55, ISRG +5.71, GILD -.94, MYL -.23, TEVA -.82, VRTX -3.31, BHC +.13, INCY -1.32, ICPT -1.41, LABU +.59, and IBB $137.80 +1.11 (.81%).
CANNABIS: was HIGHER with TLRY -.06, CGC +.25, CRON +.05, GWPH +3.53, ACB -.18, CURLF +.06, KERN -.16, and MJ $12.98 +.11 (.85%).
DEFENSE: was LOWER with LMT -3.92, GD -.86, TXT -.77, NOC +.70, BWXT -.18, TDY -6.76, RTX -.01, and ITA $163.19 -1.53 (.93%)
RETAIL: was LOWER with M -.26, JWN -.29, KSS -.63, DDS -.94, WMT -.23, TGT -.93, TJX +.64, RL -1.85, UAA -.12, LULU -2.82, TPR -.33, CPRI -.37, and XRT $43.06 +.18 (.42%).
FAANG and Big Cap: were HIGHER with GOOGL +23.95, AMZN +122.28 (4.43%), AAPL -.69, FB +10.03, NFLX +31.96, NVDA +1.49, TSLA +58.18 (5.39%), BABA +.60, BIDU +.91, CMG +17.52, CAT +.07, BA -1.85, DIS +1.45, and XLK $104.66 +.17 (.16%).
FINANCIALS were LOWER with GS -.12, JPM -.64, BAC -.44, MS -.74, C -.70, PNC -2.38, AIG -1.55, TRV -1.65, AXP -.84, V +.50, and XLF $22.94 -.20 (.86%).
OIL, $39.82 +.55. Oil was lower in last night’s trading before we rallied midday. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. The stocks were higher with XLE $36.93 -.92 (2.43%).
GOLD $1,779.30 -20.60. It was a continuation rally and a new recovery high OF $1807.70 Last night I said “we’ve moved $50 since the low on Friday and while the trend and momentum are positive, we may have to test 1790 to consolidate our gains.” Unfortunately, we pulled back to 1,767 instead. We rallied a bit and finished only slightly better. We bought back the 3rd and final lot of NEM @ $58.86. And, we also added a half position in NEM 7/17 60 calls @ $1.55, and additional 50% @ $1.30 on Friday. We sold half on the 100% Up Rule @ $2.94 yesterday and we closed $2.81 - .49 today.
BITCOIN: closed $9,325 + 140. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC last Wednesday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $9.77 + .17 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

Thank you! 70 shipments in my first week and I wasn’t even on the new vendor list! I am so overjoyed that y’all gave me a chance when others might have doubted me. For this and for another reason I’ll explain below I offer you the...”YOO HOO BiG SuMmeR bLoW OuT!” Details inside

70 Shipments ?! WOW THANKS SO MUCH!
So as you guys know I’ve been moving. I finished packing today and am about to start the traveling portion of my trip and I still have some of my inventory left that was created the day I went live 5/10/20 so it’s not old by any means but I want it gone before I travel because I don’t want it getting extra hot in the vehicle or just banged up in anyway on the journey. I would rather make a fresh batch when I start up again.
Before anyone says anything crazy, this is not an exit scam lol. I’ve seen some amazing people be accused of that before for running certain sales so I just wanna get that out of the way. I’m not going anywhere unless it’s because I’m not doing you all a good service that makes everyone happy. Getting messages from y’all saying how excited you were to get my pack in the mail or how much I made your day by putting a simple little sticker in your box gives me a sense of happiness and satisfaction that I can’t even put a price tag on. (I lost my sticker pack in the move, that’s why no one gets them anymore :( I’ll order more once I’m settled in) You guys rock, and I want to continue helping to brighten people’s days the same way you brighten mine. Ok enough of that and onto the sale!
As always no sales to GA, CA, ID
ALL SPORES FOR MICROSCOPY USE ONLY!! No talk of Cultivation please.
I only ship to the US right now. After all the international messages I got, I will be looking into it shortly. Give me a month and we will be delivering to Canada at the least. Maybe overseas. I need to look into the logistics.
Venmo, Cashapp, PayPal, Bitcoin
Send me a chat (preferred!!!) please or Email. Messages on Reddit are easier for me to lose track of because of the way the app is set up.
Ok so basically I just need to get rid of all of what I have made already! The birthday of all of these is 5/10 except the ESS which was born 5/13
All reg cubes $5. ESS $10 No limit on cubes but limit of 2 ESS per person just to be somewhat fair.
Free shipping over $30 . I use a commercial shipping service so shipping will never be over $4. I usually charge $3 unless you are literally on the other side of country and then I’ll charge the full $4 since it charges me roughly $5. I hate to have any shipping charges but it helps me keep my prices low since I give out a lot of free product and want to continue to do so.
PES Hawaiiian- 12 Lizard King- 11 Golden Teacher-4 Mexican Dutch King - 8 Golden Mammoth-7 A+ - 4 Hillbilly -6 Amazon -16 Blue Meanie-23 Ecuador - 12 B+-10 ESS- 11
First come first serve. I’d like to ship them all off tomorrow!
submitted by NXT_Dimension to sporetraders [link] [comments]

For Trading June 10th

For Trading JUNE 10th
Back to SOME Sanity
NASDAQ at Another New High!
U.S. DOLLAR CONTINUES TO WEAKEN
Today’s market was just another day dominated by a switchover to focus on the FAANG and mega-cap stocks. After a couple of quiet day the big guns took off again. The star was AAPL moving to a new all-time high at $345.61 and closed not much below that new mark. AMZN, with its new price target of $3,300 was also strong with a move to $2,626.43 before a late market close at $2614.50 +90.44. Unfortunately for those invested in the big 5 or 6, the rest of the market didn’t fare quite so well. DJIA -300.14 (1%), NASDAQ +29.01 (.30), S&P 500 -26.21 (.,78%), the Russell -29.84 (1.94%) and the DJ Transports -227 (2.2%). Volume was slightly above the recent average with the A/D on the downside with NYSE 3.5:1 and NASDAQ 2:1 lower. Unfortunately, the DJIA stocks were heavily stack in the loss column with only 2 higher and 28 down. The big gainer was AAPL +72 DP’s and the loser, BA -95.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/CsENlkRH81g
SECTORS: The big news was no news initially with BA falling back off it’s after-market run as high as $240 before a lower open at $227 before falling back to $213.08 and a final trade @ $215.99 -14.51 and $25 off the overnight high. The two groups that were the biggest numbers were Airlines and Cruise lines. All the biggest winners for the last week or so were today’s losers. CCL $23.04 -1.87 (7.51%), RCL $69.91 -5.21 (6.94%), and NCLH $24.13 -2.73 (10.16%). Airlines were UAL $44.64 -4.05 (8.32%), DAL $34.17 -2.80 (7.57%), JBLU 14.21 -1.38 (8.85%), ALK $46.10 -4.14 (8.24%).
And, last, were 2 big late movers. Immuron: (IMRN) an Australian biotech with what they characterized as a cure for HIV, closing $2.10 yesterday had the news about a major move forward with the FDA committee for discussion of a trial permit was trading as high as $10.00 premarket opened $9.97 before a runup to $28.99 before settling back to close $20.00 +17.9 (852%) and in afterhours back to $16.30, still a nice gain of $14.20 or still 700%. The other name was LAKE: Lakeland Ind., a maker of protective garments for use in treating COVID-19 patients that finished $16.20 +.45 before announcing that their production would continue for at least another 6 – 9 months, sending the stock back up to $24.97 before finishing $23.75 +7.55 (46.6%).
FOOD SUPPLY: was LOWER with TSN BGS -.95, FLO -.12, CAG -1.41, MDLZ -1.05, KHC -.83, CALM -.31, JJSF -6.30, SAFM -6.07, LANC -3.85, HRL -.13, SJM -2.73, PPC -.55 and PBJ $31.99 -.15 (.47%).
BIOPHARMA was MIXED with BIIB -7.52, ABBV +1.58, REGN +4.55, ISRG -8.18, GILD +.54, MYL -.33, TEVA -.23, VRTX +6.99, BHC -.41, INCY -1.27, ICPT +.18, LABU -.28 and IBB $132.75 -.35 (.26%).
CANNABIS: was LOWER with TLRY -.29, CGC -.06, CRON -.64, GWPH +.76, ACB -.74, PYX, -.75, NBEV -.08, CURLF -.18, KERN -.56, and MJ $14.99 -.28 (1.83%).
DEFENSE was LOWER with LMT -5.74, GD -3.75, TXT -2.15, NOC -3.89, BWXT -.08, TDY -14.28, RTX -3.37, and ITA $187.17 -6.67 (3.445%).
RETAIL was LOWER with M -.83 in late trading after raising $4.5billion in the bond market and rallying as high as $11.00 pre-open and then in real time could only make it to $10.46 before a $8.72 finish in after hours trading. JWN -2.33, KSS -2.17, DDS -2.62, WMT +.06, TGT -1.49, TJX -.82, RL -4.78, UAA -.51, LULU +1.38, TPR -1.25, CPRI -2.29, and XRT $44.23 -1.12 (2.47%).
FAANG and Big Cap: were HIGHER with GOOGL +6.96, AMZN +90.44, AAPL +11.94, FB +8.40, NFLX +15.51, NVDA +11.54, TSLA -12.93, BABA +1.80, BIDU -1.03, CMG -9.23, CAT -2.71, BA -14.51, DIS -2.88, and XLK $102.40 +.48 (.47%)>
FINANCIALS were LOWER with GS -2.70, JPM -2.69, BAC -.28, MS +.45, C -1.64, PNC -4.13, AIG -1.69, TRV -1.25, AXP -2.56, V +.12, and XLF $26.17 -.57 (2.13%).
OIL, $38.94 +.75. Oil has managed to trade $40.44 yesterday and fell back to the 5-day MA and closed there. We then traded as low as 37.07 today before reversing late in the day and closing higher. In fact, people came after every little depressed stock and many have moved several 100% in the past few days and they sold them just as hard today. The stocks were lower and XLE was $45.10 -1.76 (3.76%).
METALS, GOLD: $1,721.90 +16.80. After trading down to $1671 last week we had a bounce higher again today after testing the 1697 level. The action in the US$ is projecting higher prices for the metals, but it does not necessarily trade with the dollar on a day by day basis. Support is around Friday’s lows. We bought back the 3rd and final lot of NEM yesterday @ $58.86.
BITCOIN: closed $9,805 +25. After breaking down from just over 10,000 and trading as low as 8630 last Tuesday we have been clawing our way back toward 10,000. Last week we traded over $10500 but fell all the way back to the lows, but we’ve moved back toward $10,000. We added 350 shares of GBTC last Wednesday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $11.48 - .10 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

For Trading July 16th

For Trading JULY 16th
GS Earnings a Beat Prop-Trading Helps
NASDAQ Still Weaker
TWTR HACKED
Today’s market got off to a decent start with the futures indicating a gain of about 500+, but it didn’t live up to its promise, falling back and reaching up “only” 428 and making that high by 9:45 and trading sideways to lower and making a low around 12:15 at + just 50 before turning back up to make a lower high +240 and selling off again, but making a late gain back to +310 before the last little selloff to close +227.51 (.85%), NASDAQ +61.91 (.59%), S&P 500 +29.04 (.91%), the Russell +50.05 (3.5%) and the big winner, DJ Transports +424.96 (4.56%). Market internals were strong with the NYSE A/D 5:1 and NAZ 4:1 with slightly higher volume than yesterday. The DJIA was 25:5 with the big gainer BA, +55 and UNH the big loser -31 DP’s. There was plenty of good news from the Beige Book gains, Industrial production +5.4% v 4.6 est., import / export gains and mortgage apps +5.1%. Tomorrow we have Initial and continuing claims, retail sales, Phili Fed, NAHB housing and business inventories. Plenty to obsess about!
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s highly informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/hEiml2wDNeA
SECTORS: Goldman Sachs (GS) reported great numbers, buoyed by proprietary trading and while the stock traded as high as $225.24, it couldn’t hold those gains and finished $216.90 +2.89 (1.35%). So, as I mentioned in tonight’s video (link above) the airlines and cruise lines were propelled higher by the news from Moderna (MRNA) that their vaccine produces twice the antigens as those from patients that have recovered from the illness. MRNA finished $80.22 +5.18 (6.9%) after trading as high as $88.37. The airlines were AAL+1.87 (16%), DAL +2.49 (9.5%), LUV +.60 (2.2%), while the cruise lines were CCL +2.44 (16.2%), RCL +10.21 (21%), and NCLH +3.17 (20.6%). If I had to pick one that I’d go with, it would be none of these. I think the play will be in EXPE $90.23 +7.76 (9.4%) since people will need to book regardless of what they want to do or where they want to go. The TWTR hack of several high profile users, Obama, Biden, Bill Gates, Kanye West and Elon Musk was a crypto scam announcing a giveaway that required the sender to deposit .1 BTC in order to receive .2 BTC back…yeah, right…I’m so sure Joe Biden wants to double my money! And, the HOMERUN of the day was the Australian Biotech, Genetic Tech (GENE), whose “Severity Risk Test” was updated on a webinar. The stock was as low as $1.41 earlier this year and closed on Tuesday @ $2.26 and opened the day today @ 2.75 and ran up to $10.30 before closing $5.67 +3.41 (150.89%). Clearly a homerun!
FOOD SUPPLY CHAIN was LOWER with TSN +1.71, BGS -.27, FLO -.13, CPB -1.06, CAG -.37, MDLZ -.19, CALM -.14, JJSF +2.11, SAFM +1.77, HRL -.27, SJM -1.31 and PPC $16.53 +.30 (1.85%).
BIOPHARMA was HIGHER with BIIB +1.69, ABBV +1.60, REGN -8.49, ISRG +22.46, GILD -.44, MYL +.43, TEVA +.88, VRTX +1.28, BHC +1.25, INCY -.05, ICPT +1.93, LABU +4.17 and IBB $142.74 +2.48 (1.77%).
CANNABIS: was HIGHER with TLRY +.24, CGC +.81, CRON +.67, GWPH -3.99, ACB +1.11, CURLF +.10, KERN +.42, and MJ $13.64 +.38 (2.87%).
DEFENSE: was HIGHER with LMT +9.94, GD +2.64, TXT +1.05, NOC +5.21, BWXT +1.24, TDY +21.12, RTX +2.73 and ITA $165.19 +5.58 (3.5%).
RETAIL: was HIGHER with M +.39, JWN +1.12, KSS +1.88, DDS +1.73, WMT +.37, TGT +1.59, TJX +2.57, RL +4.23, UAA +.87, LULU +4.19, TPR +.95, CPRI +1.35
FAANG and Big Cap: were LOWER with GOOGL -5.74, AMZN -86.00, AAPL +.61, FB -.53, NFLX -.38, NVDA -8.78, TSLA -5.80, BIDU -.69, CMG +33.98, BABA +.25, CAT +2.62, BA +6.32, DIS +1.74, and XLK $107.64 +.58 (.54%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +1.54, JPM +.99, BAC +.52, MS +1.32, C +1.60, PNC +2.89, AIG +.76, TRV +.79, AXP +2.54, V +2.72 and XLF $24.15 +.47 (1.98%).
OIL, $41.20 +.91. Oil was lower in last night’s trading before we rallied in the morning. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. We needed a close over the previous high close of $40.83 and we finally did that today. The stocks were higher with XLE $37.38 +.79 (2.16%).
GOLD $1,813.80 +.40. It was a continuation rally and a new recovery high of $1,829.80. I have only the NEM August 65 / 70 spread on in the Gold market while we have been back in the Silver (SLV) calls @ $ .92 from Friday. Silver rallied from a down overnight session and the calls closed $1.40 +.12. We also added a GLD 7/24 170 call position @ $1.22 that finished $1.54 -05.
BITCOIN: closed $9,190 -120. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $9.48 - .25 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

For Trading July 15th

For Trading JULY 15th
JPM Earnings a Beat But Loan Loss Grows 875%
NASDAQ Still Weaker
MODERNA Publishes Results
Today’s market got off to a soft start and after an initial dip it started up. The exception was the NASDAQ. I went home with a few SMH puts and as that ETF fell quickly, I took a nice gain only to see it reverse and move higher with the rest of the markets. The early excitement with the DJIA futures quickly evaporated and we didn’t do much from 11:00 – 1:00 but then started higher and after a new high of day, +450 or so, we sold off from 3:00 to 3:30 before another rally to new high of day and a close +556.79 (2.13%), NASDAQ +97.74 (.94%), S&P 500 +42.30 (1.34%), the Russell +24.69 (1.76%) and the DJ Transports +159.29 (1.71%). Market internals were about as expected for an up day with the NYSE 2:1 and NASDAQ 5:3 after its lower open and rally. Volume was down slightly lower than yesterday. The DJIA showed all 30 names up with the biggest winner UNH +60DP’s (earning tomorrow morning), HD +55, AAPL and CAT +43, MCD +39, and TRV, MCD, and V all adding 30 DP’s. The strongest sectors were energy, industrials, health care and materials. Weaker were consumer discretionary and financials. The U.S. Dollar continued weak and commodities were generally higher. Economic numbers, CPI was released this morning and came in at + .6% for CPI, up from an expected .5%, and Core CPI was + .2% vs .1% expected. This meant that the numbers showed benign consume inflation, although anyone who shops in a grocery store knows that’s not the case!
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s highly informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/PcshhlWfjIc
SECTORS: JP Morgan (JPM) reported earnings that were a beat on both earnings and revenues, but after the numbers moved the stock up in early extended trading, the market started looking at the fact that JPM increased its Loan Loss provisions increased from $1.2billion to a monstrous $10.5billion, an 875% increase. The stock had traded as high as $102.50 early, a level that it never achieved in the official market session. The stock finished $98.21 +.56 (.57%). Also reporting were WFC with a loss and was $24.25 -1.16 (4.57%), C also a disappointment finishing $50.15 -2.05 (3.93%), TRV a loss but closed $118.55 +4.31 (3.77%). Delta (DAL) reported their biggest loss in history and revenues back at 1980’s levels. It fell to 26.11 -.71 (2.65%). The January high was $62.48. On the good news side, Moderna (MRNA) reported that their trial of its Covid-19 vaccine produced twice the therapeutic response of patients that had actually recovered from the disease. The stock, a star since the government gave them a grant to help with the development of the vaccine has moved from a low around $18.00 to $87.00 in May had finished the day $75.04 +3.26 (4.54%) ran up to a new high of $89.76 and is currently trading $86.38 + 11.34 or an additional 12%.
FOOD SUPPLY CHAIN was HIGHER with TSN +1.16, BGS +.80, FLO +.32, CPB +.83, CAG +1.13, MDLZ +1.20, KHC +1.01, CALM +.15, JJSF +2.19, SAFM +1.24, HRL +1.03, SJM +2.51, and PBJ $16.30 +.06 (.37%).
BIOPHARMA was HIGHER with BIIB +4.75, ABBV +2.89, REGN +27.12, ISRG +15.21, GILD -.18, MYL +.37, TEVA +.13, VRTX +9.01, BHC +.33, INCY +2.46, ICPT +.27, LABU +6.31, and IBB $116.00 +4.75 (3.46%).
CANNABIS: was HIGHER with TLRY +.17, CGC +.15, CRON +.13, GWPH +6.31, ACB -.18, CURLF -.07, KERN -.16, and MJ $13.34 +.14 (1.79%).
DEFENSE: was HIGHER with LMT +3.55, GD +.54, TXT +.78, NOC +4.15, BWXT -.42, TDY +7.52, RTX +2.04, and ITA $159.61 +2.56 (1.63%).
RETAIL: was HIGHER with M +.35, JWN +.05, KSS +.78, DDS +.75, WMT +2.84, TGT +1.77, TJX +.19, RL +2.27, UAA +.08, LULU +5.85, TPR +.10, CPRI +.09, and XRT $43.96 +.86 (2.00%).
FAANG and Big Cap: were HIGHER with GOOGL +15.77, AMZ -16.68, AAPL +8.39, FB +1.85, NFLX -4.00, NVDA +15.11, TSLA +66.84, BABA -1.19, BIDU -1.54, CMG +21.08, CAT +7.74, BA +7.51, DIS +4.88, and XLK $107.56 +1.72 (1.63%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +7.37, JPM +1.45, BAC +.23, MS +.88, C -1.23, PNC +.32, AIG +1.28, TRV +7.13, AXP +2.89, V +5.48, and XLF $23.95 +.39 (1.66%).
OIL, $40.29 +19. Oil was lower in last night’s trading before we rallied in the morning. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. We needed a close over the previous high close of $40.83 and while we were there, we sold off to close below that number. The stocks were higher with XLE $37.00 +1.65 (4.67%).
GOLD $1,813.40 -.70. It was a continuation rally and a new recovery high of $1,829.80. I have only the NEM August 65 / 70 spread on in the Gold market while we have been back in the Silver (SLV) calls @ $ .92 from Friday. Silver rallied from a down overnight session and the calls closed $1.28 +.16. We also added a GLD 7/24 170 call position @ $1.22 that finished $1.59 +.20.
BITCOIN: closed $9,310 + 40. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $9.73 + .13 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Gold makes new high

For Trading JULY 9th
Gold Makes New Recovery High
JPM Upgrades NKLA
Today’s market got off to a slightly higher start and spent the day between up and down 100 until the last hour when we rallied up to close +$177.10 (.68%), NASDAQ +148.61 (1.44%), S&P 500 +24.62 (.78%), the Russell +11.41 (.81%) and the DJ Transports +43.82 (.47%). Market internals were 1.4:1 in both NYSE and NASDAQ while volume was 3:2 up on the NYSE. DJIA was 22:7 up and RTX was unchanged. Volume was average. The continued weakness in the U.S. Dollar has had little effect on the market, but the commodities side has had a solid bid under it. The gold and silver are acting the way you would expect, making new recovery highs, but we are also seeing strength in any international market that is quoted in dollars. I expect this to continue and these markets to move higher. Deficits and continuing zero rates are a powerful influence.
We sold the balance of the remaining NEM 7/17 $60’s bought @ 1.55 and added to last Friday @ $1.30 for an average of $1.47 triggered a 100% Up Rule sale at $2.94, and yesterday’s sale was @ $3.20, and today we took $4.30 for the balance. We also own a position in SLV 8/21 17 calls @ $ .74, and they closed $1.04, and we also added a spread using the NEM 8/65 / 70 calls at a $1.30 debit which closed $1.47.
Tonight’s closing comment video https://youtu.be/jzTwzoH_a54
Our Discord forum link is in the videos description.
SECTORS: The FAANG names all recovered with AAPL making yet another new high after yesterday’s selloff. In the news we had Allstate taking over National General for cash and ALL finished $88.22 +4.43 and NGHC finishing $33.84 +13.43 (65%). Nikola (NKLA) was upgraded by JPM and after falling back from $70 to $40 finished the day $54.03 +13.80 (34.3%). TWTR was higher on news that they were considering a new-tier Subscription service level that sent the stock higher by 2.42 (7.3%). After the close, BBBY reported a loss and decline in sales even with a 100% increase in e-commerce. The stock closed $10.41 +.17 but fell to $8.99 and finished extended hours at $9.59 - .82 (9%). Last, Altimmune (ALT) disclosed the initial dosing of the first patient in Phase 1 trials of their single dose nasal formulation of “NasoShield” a vaccine for Anthrax. The stock, up from $3.00 just last month, hit a high of $20.65 before closing $17.03 +5.84 (52%).
FOOD SUPPLY CHAIN was LOWER with TSN -.20, CAG -.18, MDLZ -.72, KHC -.05, CALM -.78, JJSF +1.20, SAFM -.73, HRL -.24, SJM -1.34, PPC -.45, PPC -.45, KR -1.14, and PBJ -.11 (.36%).
BIOPHARMA was HIGHER with BIIB +10.75, ABBV +.15, REGN +3.87, ISRG +5.62, GILD -.65, MYL +.08, TEVA +.19, VRTX -3.06, BHC -.88, INCY -.38, ICPT -1.22, LABU +2.93, IBB $140.89 +.83 (.59%).
CANNABIS: was LOWER with TLRY -.09, CGC -.09, ACB -.29, CRON -.01, GWPH -.62, CURLF -.06, KERN +.11, MJ $13.04 -.04 (.31%).
DEFENSE: was MIXED with LMT -1.39, GD -.93, TXT +.22, NOC -2.47, BWXT -.61, TDY +5.24, RTX +.28 and ITA $160.65 +.33 (.21%).
RETAIL: was HIGHER with M +.84, JWN +1.98, KSS +1.98, DDS +1.01, WMT -1.38, TGT -.07, RL +1.57, UAA +.16, LULU +3.41, TPR +.45, CPRI +.40, and XRT $44.32 +.54 (1.23%).
FAANG and Big Cap: were HIGHER with GOOGL +15.69, AMZN +95.88, AAPL +9.51, FB +3.55, NFLX +12.06, NVDA +16.33, TSLA -28.83, BABA +21.56, BIDU +3.15, CMG +6.90, CAT +1.30, BA +1.89, DIS +3.32, and XLK $107.72 +1.73 (1.63%).
FINANCIALS were HIGHER with GS +2.94, JPM +.99, BAC +.13, MS +1.51, C +.67, PNC +.43, AIG +.75, TRV +.70, AXP -.09, V +1.21 and XLF $23.17 +.24 (1.05%).
OIL, $40.90 +.28. Oil continues to trade in short ranges without much movement, but today’s close is the highest in the current consolidation. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. We needed a close over the previous high close of $40.83 and today we finally did. The stocks were higher with XLE $36.23 -.03 (.08%).
GOLD, $1820.70 +10.70. After making a new recovery high of $1,829 we finished the day at another new closing high. I expect this move to continue to work higher to new highs. As I mentioned earlier in this note, the U. S. dollar continues to be supportive to higher prices of world commodities quoted in US$. We bought back the 3rd and final lot of NEM @ $58.86. And, we also closed out the final portion of our July 60 calls @ $4.30. We still own a spread in the August expiration long 65 / 70 spread at a $1.30 debit.
BITCOIN: closed $9,510 +220. Since last week we have closed between 9200 – 9285 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $10.32 + .56 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

For Trading July 15th

JPM Earnings a Beat But Loan Loss Grows 875%
NASDAQ Still Weaker
MODERNA Publishes Results
See Gold to see some our open option positions..
Today’s market got off to a soft start and after an initial dip it started up. The exception was the NASDAQ. I went home with a few SMH puts and as that ETF fell quickly, I took a nice gain only to see it reverse and move higher with the rest of the markets. The early excitement with the DJIA futures quickly evaporated and we didn’t do much from 11:00 – 1:00 but then started higher and after a new high of day, +450 or so, we sold off from 3:00 to 3:30 before another rally to new high of day and a close +556.79 (2.13%), NASDAQ +97.74 (.94%), S&P 500 +42.30 (1.34%), the Russell +24.69 (1.76%) and the DJ Transports +159.29 (1.71%).
Market internals were about as expected for an up day with the NYSE 2:1 and NASDAQ 5:3 after its lower open and rally. Volume was down slightly lower than yesterday. The DJIA showed all 30 names up with the biggest winner UNH +60DP’s (earning tomorrow morning), HD +55, AAPL and CAT +43, MCD +39, and TRV, MCD, and V all adding 30 DP’s. The strongest sectors were energy, industrials, health care and materials. Weaker were consumer discretionary and financials. The U.S. Dollar continued weak and commodities were generally higher. Economic numbers, CPI was released this morning and came in at + .6% for CPI, up from an expected .5%, and Core CPI was + .2% vs .1% expected. This meant that the numbers showed benign consume inflation, although anyone who shops in a grocery store knows that’s not the case!
Tonight’s closing comment video https://youtu.be/PcshhlWfjIc
Our Discord forum link is in the video description..
SECTORS: JP Morgan (JPM) reported earnings that were a beat on both earnings and revenues, but after the numbers moved the stock up in early extended trading, the market started looking at the fact that JPM increased its Loan Loss provisions increased from $1.2billion to a monstrous $10.5billion, an 875% increase. The stock had traded as high as $102.50 early, a level that it never achieved in the official market session. The stock finished $98.21 +.56 (.57%). Also reporting were WFC with a loss and was $24.25 -1.16 (4.57%), C also a disappointment finishing $50.15 -2.05 (3.93%), TRV a loss but closed $118.55 +4.31 (3.77%). Delta (DAL) reported their biggest loss in history and revenues back at 1980’s levels. It fell to 26.11 -.71 (2.65%). The January high was $62.48.
On the good news side, Moderna (MRNA) reported that their trial of its Covid-19 vaccine produced twice the therapeutic response of patients that had actually recovered from the disease. The stock, a star since the government gave them a grant to help with the development of the vaccine has moved from a low around $18.00 to $87.00 in May had finished the day $75.04 +3.26 (4.54%) ran up to a new high of $89.76 and is currently trading $86.38 + 11.34 or an additional 12%.
FOOD SUPPLY CHAIN was HIGHER with TSN +1.16, BGS +.80, FLO +.32, CPB +.83, CAG +1.13, MDLZ +1.20, KHC +1.01, CALM +.15, JJSF +2.19, SAFM +1.24, HRL +1.03, SJM +2.51, and PBJ $16.30 +.06 (.37%).
BIOPHARMA was HIGHER with BIIB +4.75, ABBV +2.89, REGN +27.12, ISRG +15.21, GILD -.18, MYL +.37, TEVA +.13, VRTX +9.01, BHC +.33, INCY +2.46, ICPT +.27, LABU +6.31, and IBB $116.00 +4.75 (3.46%).
CANNABIS: was HIGHER with TLRY +.17, CGC +.15, CRON +.13, GWPH +6.31, ACB -.18, CURLF -.07, KERN -.16, and MJ $13.34 +.14 (1.79%).
DEFENSE: was HIGHER with LMT +3.55, GD +.54, TXT +.78, NOC +4.15, BWXT -.42, TDY +7.52, RTX +2.04, and ITA $159.61 +2.56 (1.63%).
RETAIL: was HIGHER with M +.35, JWN +.05, KSS +.78, DDS +.75, WMT +2.84, TGT +1.77, TJX +.19, RL +2.27, UAA +.08, LULU +5.85, TPR +.10, CPRI +.09, and XRT $43.96 +.86 (2.00%).
FAANG and Big Cap: were HIGHER with GOOGL +15.77, AMZ -16.68, AAPL +8.39, FB +1.85, NFLX -4.00, NVDA +15.11, TSLA +66.84, BABA -1.19, BIDU -1.54, CMG +21.08, CAT +7.74, BA +7.51, DIS +4.88, and XLK $107.56 +1.72 (1.63%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +7.37, JPM +1.45, BAC +.23, MS +.88, C -1.23, PNC +.32, AIG +1.28, TRV +7.13, AXP +2.89, V +5.48, and XLF $23.95 +.39 (1.66%).
OIL, $40.29 +19. Oil was lower in last night’s trading before we rallied in the morning. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. We needed a close over the previous high close of $40.83 and while we were there, we sold off to close below that number. The stocks were higher with XLE $37.00 +1.65 (4.67%).
GOLD $1,813.40 -.70. It was a continuation rally and a new recovery high of $1,829.80. I have only the NEM August 65 / 70 spread on in the Gold market while we have been back in the Silver (SLV) calls @ $ .92 from Friday. Silver rallied from a down overnight session and the calls closed $1.28 +.16. We also added a GLD 7/24 170 call position @ $1.22 that finished $1.59 +.20.
BITCOIN: closed $9,310 + 40. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $9.73 + .13 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

[WTS] $102/$99/$99 Silver Lots, Gold, More Silver, and Copper

Transaction Details Below - Reasonable offers are welcome - Unreasonable offers are not
Verification (Verification is updated with today's date - individual lot pics are from my last post)
Lot Verification
-$102 Coin Lot- (Shipping included) - 1 oz HM Liberty Bar - 1 oz 2015 ASE BU - 1 oz 2020 Perth Kangaroo Coin - 1/2 oz Year of The Dog in capsule - 1/2 oz Buffalo Round - 1 gram Valcambi silver - 1 oz Spartan Warrior Copper Rounds (ASE are sold so substitute from any 1 oz coin/round/bar listed)
-$99 Coin Lot- (Shipping included) - 1 oz HM Liberty Bar - 1 oz Morgan Stacker Round - 1 oz Morgan Generic Round - 1 oz Buffalo Round - 6.03 or 6.12 grams 0.999 silver shot - 1 War Nickel
-$99 Coin Lot- (Shipping included) - 1 oz 2020 Canadian Maple - 1 oz 2020 Niue Owl - 2 oz Monarch Chunky Pour - 3.74 g 0.999 Silver Shot
Bars
(12) 1 gram Valcambi silver - $3.50 each solo shipped ***$2 per with any purchase
(6) 2 oz Monarch Chunky Bars - $45 each
5 oz Generic Bar - $105 each
(24) 1 oz HM Liberty Bar - $21.50 each
Silver Coins and Rounds
SOLD 1 oz 2015 ASE BU - SOLD
(17) 1 oz Buffalo Rounds - $21.50 each
(14) 1/2 oz Buffalo Rounds - $13 each
(4) 1 oz Morgan Rounds - $21.50 each
(1) 1 oz Morgan Stacking Rounds - $21.50 each
(4) 1/2 oz Year of The Dog in capsule - $14 each
(20) 2020 Niue Owls - $22 each
(9) Queens Legends - $23 each
(17) 2020 1 oz Canadian Maples - $23.50 each
(21) 2020 Britannia - $23 each
Silver Shot
From a sealed contained from APMEX - technically 0.9999 but I labelled it 0.999 accidentally
SOLD 36+ grams - $30 (This is made up of larger pieces)
$1 per gram - (3) 10+ grams - (4) 6+ grams - (1) 4+ grams
Copper
SOLD 1 oz Spartan Warrior Copper Rounds - $1.50 each
Gold
(2) 0.1104 1923 Netherlands Ducat Coin (Not a restrike) - $220 each (price firm on these)
Shipment will be USPS first class for $4.50-$6.50, for 1 to roughly 8 ounces, or priority for $8, for over 8 ounces.
Payment by PPFF no notes - Accepting Bitcoin and ETH now as well (Crypto may be an additional 1.5%)
TRADE OPTION - Willing to trade for different and unique silver rounds to diversify my collection. One round/coin for one round/coin trades only - this is strictly for collection purposes so I don't want more than one of any round/coin. But we can make multiple trades
Prices are subject to change at any time due to market fluctuations and in the event of a listing error or update.
submitted by jaysilverbull to Pmsforsale [link] [comments]

Gold makes new high

For Trading JULY 9th
Gold Makes New Recovery High
JPM Upgrades NKLA
Today’s market got off to a slightly higher start and spent the day between up and down 100 until the last hour when we rallied up to close +$177.10 (.68%), NASDAQ +148.61 (1.44%), S&P 500 +24.62 (.78%), the Russell +11.41 (.81%) and the DJ Transports +43.82 (.47%). Market internals were 1.4:1 in both NYSE and NASDAQ while volume was 3:2 up on the NYSE. DJIA was 22:7 up and RTX was unchanged. Volume was average. The continued weakness in the U.S. Dollar has had little effect on the market, but the commodities side has had a solid bid under it. The gold and silver are acting the way you would expect, making new recovery highs, but we are also seeing strength in any international market that is quoted in dollars. I expect this to continue and these markets to move higher. Deficits and continuing zero rates are a powerful influence.
We sold the balance of the remaining NEM 7/17 $60’s bought @ 1.55 and added to last Friday @ $1.30 for an average of $1.47 triggered a 100% Up Rule sale at $2.94, and yesterday’s sale was @ $3.20, and today we took $4.30 for the balance. We also own a position in SLV 8/21 17 calls @ $ .74, and they closed $1.04, and we also added a spread using the NEM 8/65 / 70 calls at a $1.30 debit which closed $1.47.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s highly informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/jzTwzoH_a54 SECTORS: The FAANG names all recovered with AAPL making yet another new high after yesterday’s selloff. In the news we had Allstate taking over National General for cash and ALL finished $88.22 +4.43 and NGHC finishing $33.84 +13.43 (65%). Nikola (NKLA) was upgraded by JPM and after falling back from $70 to $40 finished the day $54.03 +13.80 (34.3%). TWTR was higher on news that they were considering a new-tier Subscription service level that sent the stock higher by 2.42 (7.3%). After the close, BBBY reported a loss and decline in sales even with a 100% increase in e-commerce. The stock closed $10.41 +.17 but fell to $8.99 and finished extended hours at $9.59 - .82 (9%). Last, Altimmune (ALT) disclosed the initial dosing of the first patient in Phase 1 trials of their single dose nasal formulation of “NasoShield” a vaccine for Anthrax. The stock, up from $3.00 just last month, hit a high of $20.65 before closing $17.03 +5.84 (52%).
FOOD SUPPLY CHAIN was LOWER with TSN -.20, CAG -.18, MDLZ -.72, KHC -.05, CALM -.78, JJSF +1.20, SAFM -.73, HRL -.24, SJM -1.34, PPC -.45, PPC -.45, KR -1.14, and PBJ -.11 (.36%).
BIOPHARMA was HIGHER with BIIB +10.75, ABBV +.15, REGN +3.87, ISRG +5.62, GILD -.65, MYL +.08, TEVA +.19, VRTX -3.06, BHC -.88, INCY -.38, ICPT -1.22, LABU +2.93, IBB $140.89 +.83 (.59%).
CANNABIS: was LOWER with TLRY -.09, CGC -.09, ACB -.29, CRON -.01, GWPH -.62, CURLF -.06, KERN +.11, MJ $13.04 -.04 (.31%).
DEFENSE: was MIXED with LMT -1.39, GD -.93, TXT +.22, NOC -2.47, BWXT -.61, TDY +5.24, RTX +.28 and ITA $160.65 +.33 (.21%).
RETAIL: was HIGHER with M +.84, JWN +1.98, KSS +1.98, DDS +1.01, WMT -1.38, TGT -.07, RL +1.57, UAA +.16, LULU +3.41, TPR +.45, CPRI +.40, and XRT $44.32 +.54 (1.23%).
FAANG and Big Cap: were HIGHER with GOOGL +15.69, AMZN +95.88, AAPL +9.51, FB +3.55, NFLX +12.06, NVDA +16.33, TSLA -28.83, BABA +21.56, BIDU +3.15, CMG +6.90, CAT +1.30, BA +1.89, DIS +3.32, and XLK $107.72 +1.73 (1.63%).
FINANCIALS were HIGHER with GS +2.94, JPM +.99, BAC +.13, MS +1.51, C +.67, PNC +.43, AIG +.75, TRV +.70, AXP -.09, V +1.21 and XLF $23.17 +.24 (1.05%).
OIL, $40.90 +.28. Oil continues to trade in short ranges without much movement, but today’s close is the highest in the current consolidation. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. We needed a close over the previous high close of $40.83 and today we finally did. The stocks were higher with XLE $36.23 -.03 (.08%).
GOLD, $1820.70 +10.70. After making a new recovery high of $1,829 we finished the day at another new closing high. I expect this move to continue to work higher to new highs. As I mentioned earlier in this note, the U. S. dollar continues to be supportive to higher prices of world commodities quoted in US$. We bought back the 3rd and final lot of NEM @ $58.86. And, we also closed out the final portion of our July 60 calls @ $4.30. We still own a spread in the August expiration long 65 / 70 spread at a $1.30 debit.
BITCOIN: closed $9,510 +220. Since last week we have closed between 9200 – 9285 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $10.32 + .56 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

McAfee Says He Never Believed Bitcoin Would Hit $1M

McAfee Says He Never Believed Bitcoin Would Hit $1M
In July 2017, John McAfee said he would “eat his own dick” if Bitcoin does not hit $500,000 within three years. Today, BTC is hovering at a mere $9,130. In general, Bitcoin quite clearly got nowhere near $500,000 in the past three years.
McAfee said that there is still time and also seemingly backtracking from his $1 million per BTC prediction. He called the first cryptocurrency a «Worthless coin».
Since mid-2019, the price of Bitcoin dropped from around $13,900 to $9,100. Following the 34% drop in a 12-month period, McAfee no longer feels confident about his $1 million BTC prediction.
About McAfee’s $500,000 prediction he said, that it is “well documented” his bet was for Dec. 31 of this year, not July 2020. When asked about the bet, he reaffirmed that he would follow through with his bet if BTC does not hit $500,000.
https://preview.redd.it/6i1b15wkcub51.png?width=1280&format=png&auto=webp&s=ef2bbe9e3ddfa8679bddb4891ee3dd29b8587167
submitted by buytexchange to u/buytexchange [link] [comments]

For Trading July 7th

TSLA +45% IN A WEEK
New Records for NASDAQ
Today’s market got off to a roaring start with the carryover strength from our missed Friday and solid results in European and Asian markets. There were buyers in the big 5 names, like there have been everyday for the past month propelling the averages higher. The DJIA was a rather short-range day at just under 300 DP’s but finished +459.67 (1.78%), NASDAQ +226.02 (2.21%), S&P 500 +49.71 (1.59, the Russell +11.02 (.77%) and the DJ Transports +151.24 (1.64%). Market internals were 10:1 early but settled in to finish 2.2:1 on the NYSE and 2:1 on NASDAQ. The DJIA finished 28:2 with the leaders, as expected, GS +68, AAPL +67, BA +49 and several in the +32 to 34 DP’s. ISM numbers were back in expansion territory @ 57.1 vs. 49 est. and May’s 45.4. ​​
We sold the CVS calls this afternoon since it has continued to underperform, and the NEM 7/17 $60’s @ 1.55 and added to last Friday @ $1.30 for an average of $1.47 triggered a 100% Up Rule sale at $2.94 this morning. They closed today $2.40. We also added a position in SLV 8/21 17 calls @ $ .74, and they closed $ .76, and we also added a NEM bull spread using the August 65 / 70 calls @ $1.30.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s highly informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video: https://youtu.be/YpVpmI9-3Q4
SECTORS: The UBER purchase of Postmates (shopping and delivery service) for $2.65 billion was a positive for the stock, closing $32.52 +1.84 (6%), and the Berkshire purchase of Dominion Resources (D) was good for a gain of 2.43% for BRK but Buffett must have made a very good deal because D finished the day $73.59 -9.10 (11%). Workhorse (WKHS), a company that is manufacturing electric delivery vans, and was under $3 on June 1st followed with an 11-day move to $22.90, finally succumbed to gravity and fell back to close $17.61 -3.30 (15.78%) and fell to $16.01 in late trading to finish -4.90 on the day. FOOD SUPPLY CHAIN was HIGHER: FOOD SUPPLY CHAIN
TSN 59.45 1.02
BGS 24.85 0.48
FLO 22.05 -0.15
CPB 49.31 -0.01
CAG 35.54 0.13
MDLZ 51.62 0.13
KHC 32 0.19
CALM 45.09 0.58
JJSF 124.99 1.41
SAFM 113.28 1.78
HRL 47.99 -0.09
SJM 105.87 0.85
PPC 16.75 0.02
KR 33.73 0.23
PBJ 31.5 0.29 0.92%
BIOPHARMA was MIXED: BIOPHARMA
BIIB 269.8 4.68
ABBV 99.01 0.14
REGN 627.25 4.8
ISRG 584.64 4.16
GILD 76.76 0.41
MYL 16.54 0.61
TEVA 11.52 0.17
VRTX 291.31 0.21
BHC 19 0.66
INCY 107.79 1.32
ICPT 46.1 -0.99
LABU 60.79 -0.03
IBB 139.44 0.9 0.65%
CANNABIS: was LOWER:
CANNABIS
TLRY 7.85 0.89
CGC 16.94 0.49
CRON 6.45 0.28
GWPH 126.53 1.18
ACB 12.18 -0.09
CURLF 5.85 -0.07
KERN 8.22 0.01
MJ 13.09 0.17 1.30%
DEFENSE: was HIGHER: DEFENSE
LMT 362.59 0.59
GD 148.47 1.17
TXT 33.22 0.77
NOC 312.4 2.43
BWXT 55.99 -0.05
TDY 304.79 6.34
RTX 63.32 1.53
ITA 166.42 2.83 1.70%
FAANG and Big Cap: were HIGHER: FAANG AND BIG CAP
GOOGL 1499.65 29.72
AMZN 3057.04 166.74
AAPL 373.85 9.74
FB 240.28 6.86
NFLX 493.81 16.92
NVDA 393.57 9.08
TSLA 1371.58 162.92
BABA 240 16.59
BIDU 132.93 9.63
CMG 1125.92 69.47
CAT 129.43 1.6
BA 187.91 7.14
DIS 114.43 2.25
XLK 107.11 1.84 1.72%
FINANCIALS were HIGHER: FINANCIALS
GS 207.36 9.96
JPM 95 2.34
BAC 23.66 0.38
MS 48.82 1.03
C 51.97 1.43
PNC 103.35 1.2
AIG 30.74 0.81
TRV 114.57 2.14
AXP 96.58 2.26
V 197.76 2.09
XLF 23.41 0.44 1.88%
OIL, $40.62 -.02: FINANCIALS
GS 207.36 9.96
JPM 95 2.34
BAC 23.66 0.38
MS 48.82 1.03
C 51.97 1.43
PNC 103.35 1.2
AIG 30.74 0.81
TRV 114.57 2.14
AXP 96.58 2.26
V 197.76 2.09
XLF 23.41 0.44 1.88%
GOLD $1,793.50 +3.50: GOLD
NEM 61.18 0.22 SLV 17.05 0.34 GLD 167.98 1 GDX 36.84 0.67 GDXJ 50.42 1.29 WPM 44.36 1.07 Bitcoin 9337.87
GBTC 9.94 0.57
BITCOIN: closed $9,355 +295. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC last Wednesday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $9.93 +.56 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

New Lands, or New Eyes? | Monthly FIRE Portfolio Update - April 2020

The real voyage of discovery consists not in seeking new landscapes, but in having new eyes.
- Marcel Proust, Remembrance of Things Past
This is my forty-first portfolio update. I complete this update monthly to check my progress against my goal.
Portfolio goal
My objective is to reach a portfolio of $2 180 000 by 1 July 2021. This would produce a real annual income of about $87 000 (in 2020 dollars).
This portfolio objective is based on an expected average real return of 3.99 per cent, or a nominal return of 6.49 per cent.
Portfolio summary
Vanguard Lifestrategy High Growth Fund – $697 582
Vanguard Lifestrategy Growth Fund – $40 709
Vanguard Lifestrategy Balanced Fund – $76 583
Vanguard Diversified Bonds Fund – $110 563
Vanguard Australian Shares ETF (VAS) – $174 864
Vanguard International Shares ETF (VGS) – $31 505
Betashares Australia 200 ETF (A200) – $215 805
Telstra shares (TLS) – $1 625
Insurance Australia Group shares (IAG) – $7 323
NIB Holdings shares (NHF) – $5 904
Gold ETF (GOLD.ASX) – $119 458
Secured physical gold – $19 269
Ratesetter (P2P lending) – $12 234
Bitcoin – $158 360
Raiz app (Aggressive portfolio) – $16 144
Spaceship Voyager app (Index portfolio) – $2 435
BrickX (P2P rental real estate) – $4 471
Total portfolio value: $1 694 834 (+$127 888 or 8.2%)
Asset allocation
Australian shares – 40.9% (4.1% under)
Global shares – 21.7%
Emerging markets shares – 2.2%
International small companies – 3.0%
Total international shares – 26.9% (3.1% under)
Total shares – 67.8% (7.2% under)
Total property securities – 0.3% (0.3% over)
Australian bonds – 4.5%
International bonds – 9.9%
Total bonds – 14.4% (0.6% under)
Gold – 8.2%
Bitcoin – 9.3%
Gold and alternatives – 17.5% (7.5% over)
Presented visually, below is a high-level view of the current asset allocation of the portfolio.
Comments
This month featured a sharp recovery in the overall portfolio, reducing the size of the large losses experienced over the previous month.
The portfolio increased by over $127 000, representing a growth of 8.2 per cent, which is the largest month-on-month growth on record. This now puts the portfolio value significantly above the levels of a year ago.
[Chart]
The expansion in the value of the portfolio has occurred due to an increase in Australian and global equities markets, as well as substantial increases the price of Bitcoin. This is effectively the mirror image of the simultaneous negative movements last month.
From a nadir of initial pessimism in late March, markets have generally moved upwards as debate continues about the path of a likely economic recession and recovery from Coronavirus impacts over the coming year.
[Chart]
First quarter distributions from the Australian and Global Shares ETFs (A200, VAS and VGS) were received this month. These were too early to fully reflect the sharp economic activity impacts of the Coronavirus and lockdown period on company earnings.
Despite this, they were significantly down on a cents per unit basis on the equivalent distributions last year. Totalling around $2700, these distributions formed part of new contributions to Vanguard's Australian shares ETF (VAS).
The rapid falls in equity have many participants looking forward to a return to normalcy, or at least more open to the pleasing ideas that nerves have been held in a market fall comparable to 2000 or 2008-09, and that markets now represent clear value. As discussed last month, there should be caution and some humility about these questions, if some historical perspective is taken. As an example, the largest global equity market in the world - the United States - remains at valuation levels well above those experienced in previous market lows.
Portfolio alternatives - tracking changes under the surface
A striking feature of the past year or so has been the expansion of the non-traditional or 'alternatives' components of gold and Bitcoin as a proportion of the overall portfolio. Currently, when combined these alternative assets form a greater part of the portfolio than at any point over the past two years.
The chart below shows that since January 2019 the gold and Bitcoin component of the portfolio has lifted from around its long term target level of 10 per cent, to now make up over 17 per cent of the portfolio. In the space of the last four months alone, it has lifted from 13 per cent.
[Chart]
With no purchases of either gold or Bitcoin over the period, the growth in the chart is the result of two reinforcing factors:
A substantial fall in the value of the equity portfolio - reaching nearly $200 000 since the recent February market peak has naturally and mathematically led to a commensurate increase the proportion of other assets.
Increases in the value of gold and Bitcoin - have also played a role with a total appreciation of around $150 000 across the two assets over the past 16 months.
In fact, the value gold holdings alone have increased by over 40 per cent since January last year. Further appreciation of either gold or Bitcoin prices, particularly if any further falls in equity markets occur, could easily place the portfolio in the same position as experienced in January 2018.
At that time these alternative assets made up 1 in every 5 dollars of the portfolio, an unusual, and in that case temporary phenomenon. This represents a different portfolio and risk exposure than that envisaged in my portfolio investment plan.
Yet, equally it is critical to recall what the circumstances would likely be for this to arise. Simultaneously high gold and Bitcoin prices are more likely to occur in a situation of severe capital market dislocation, or falling confidence. On the other hand, should confidence and equity market growth be restored, both of these portfolio components could fall back to lower levels.
It is difficult to tell which state of the world will eventuate, a key reason for diversification across asset types. United States government debt is already at record levels - equivalent in real terms to levels last seen when it emerged out of the Second World War - despite no similar national effort having being undertaken.
Future inflation can potentially partly manage this burden, however, the last sustained episode of persistently high inflation rates during the decade of the 1970s spelt negative real returns. Where investors expect future inflation or financially 'repressive' policies of inflation exceeding interest rates, the economic growth required to 'grow out' of debt can be affected.
At this point, my inclination is to address this circumstance gradually through time by re-balancing of distributions and new contributions, rather than to realise capital gains by selling assets at one, or several, points in time.
Chasing down the lines - falling average spending in lockdown
Since the implementation of lockdown restrictions, average credit card expenditure has fallen by nearly 30 per cent. This has taken credit card expenditure to lower than any similar period in the past six years.
Partly as a result of this - as the chart below shows - a new development is occurring. The previously fairly steady card expenses line (red) is now starting to bend down towards, or 'chase', the rolling average distributions line (in blue).
[Chart]
The declining distributions line is a result of some previous high distributions gradually falling outside of the data 'window' for the rolling three-year comparison of distributions and expenditure.
This intriguing picture will probably change before a cross-over occurs, as lockdown restrictions ease, and as the data feeding into the three year average slowly changes over time.
Progress
Progress against the objective, and the additional measures I have reached is set out below.
Measure Portfolio All Assets
Portfolio objective – $2 180 000 (or $87 000 pa) 77.7% 104.6%
Credit card purchases – $71 000 pa 94.8% 127.6%
Total expenses – $89 000 pa 76.0% 102.3%
Summary
Last month market volatility theoretically took progress down to below most of my financial independence benchmarks on an 'All Assets' (i.e. portfolio and superannuation assets) basis. This position has reversed this month. As markets have recovered and with additional spare time in the lockdown period, I have continued to seek out and think about different perspectives on the history and future of markets.
Yet it must be recognised that there is a natural limit to the utility of these ponderings. The shape of the future is always uncertain, and in this world, confident comparisons and analogies with past events can be perilous. Comparisons with past periods of financial market crises miss the centrality of government action as a causal influence on the path of virus affected economies and markets.
A virus and recovery is not the same as a global financial crisis originating in housing finance markets addressed through monetary and fiscal stimulus. Most developed country governments have quickly applied the same, if not larger versions of responses as applied in the global financial crisis, a distinguishing step that also makes analogies with the great depression era problematic.
Similarly, a pandemic is not hitting and interacting with the shattered economic and health systems of the 1918-19 Spanish flu. Overlaying all of this is the imperfect and partially disconnected relationship between the economy today, and equity markets that discount and focus on the future.
This makes all history's lessons more than usually caveated and conditional. One avenue for managing through these times is to focus on what does not change - the psychological difficulty of accepting alterations in financial circumstances and the capacity of markets movements to cruelly surprise us in both timing and direction.
One of the best texts to read to get a sense of both of these in such times is Benjamin Roth's A Great Depression Diary. This tells of the day-by-day changes observed in everyday urban life and investment markets, from the point of view of an American small retail investor living through the times.
This month also saw the exciting news that Pat the Shuffler and Strong Money Australia are combining efforts to produce a new podcast. Speaking of which, Big ERN's reflections on the current implications of sharemarket market movements for seekers of financial independence have been filled with insight and wisdom.
This interesting piece (video) - the latest in a 'virus' market series - from New York University's Professor of Finance Aswath Damodaran on asset performances through the past few months - is a more technical and detailed discussion of how markets have re-priced businesses and profits. Finally, the recently released Hmmminar interview series provides a more heterodox set of speakers and ideas on current markets, presented by Grant Williams.
Unlike predicting the future, seeking out different perspectives on it is perhaps the easiest it has ever been in history. While it is not always possible to change the course taken, it is possible to look at the same horizon with new eyes.
The post, links and full charts can be seen here.
submitted by thefiexpl to fiaustralia [link] [comments]

WMT vs AMZN?

For Trading JULY 8th
JOLTs 5.4 vs. 5 Million
NVAX gets $1.6B from BARDA
Today’s market got off to a very soft start in the DJIA but not so much in the NASDAQ and S&P-500, with the DJIA starting off -240 and managing a rally only as far as -125 before spending several hours going sideways until the last hour of trading when the NASDAQ and S&P ran out of steam and fell below the close and the selloff resumed. It’s never a good thing when and overbought index makes a new all-time high and then closes down and on the lows. The DJIA was -396.85 (1.51%), NASDAQ -89.76 (.86%), S&P 500 -34.30 (1.08%), the Russell -26.89 (1.86%) and the DJ Transports -108 (1.1%). The internals were 3:1 down on NYSE and 2.5:1 on NASDAQ with volume on the NYSE 2:1 down also. The DJIA was 28 down and only 2 up with WMT the big gainer +55 DP’s and on the downside, BA-62, GS -55, and UNH -43DP’s. Even with the good JOLTs number, this market is just over-extended and tired. The stat I mentioned in tonight’s video about the S&P is very telling, I think, with the S&P only 2% off its high, the median S&P stock is down 11%. This market has simply gotten too narrow and it will correct.
We sold half of the remaining NEM 7/17 $60’s bought @ 1.55 and added to last Friday @ $1.30 for an average of $1.47 triggered a 100% Up Rule sale at $2.94, and today’s sale was @ $3.20. They closed today $3.20. We also own a position in SLV 8/21 17 calls @ $ .74, and they closed $ .75, and we also added a spread using the NEM 8/65 / 70 calls at a $1.30 debit.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s highly informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/5afUNy48sFI SECTORS: The FAANG names all finished near the lows, several like MSFT coming off a new all-time high and closing down on the day. Not a good sign if they follow-thru to the downside tomorrow. Also having trouble was CCL, who has had to cancel several cruises for Q4 and Q1 2021. It closed $14.57 -1.04 (6.7%). Add to that, the UAL report that it is giving warnings that it will be laying off “10’2 of thousands of employees.” UAL finished $32.55 -2.66 (7.55%). These two companies do not operate in a vacuum, so both groups are in jeopardy, again. Novavax (NVAX) got a $1.6billion grant from BARDA (Biomedical Advanced Research and Development Authority) to help it along in it’s search for a workable vaccine. The stock, up from $8 as late as the end of February had worked its way up to $85 last month and opened today $104 and traded as high as $111.77 and finished $104.56 +25.12 (31.63%). Don’t get too crazy with this one, this is not its first rodeo. In 2015 it was trading $300 before it had a failure on a different vaccine and the stock fell to $80 before a rally and then in the week of 9/16/2016 it fell further from $169.80 to $23.20 and then on to the adjusted (1:20 reverse) low around $4.00. We’ll hope for a better outcome this time around. Walmart was the big winner on a RECODE that said they are ready to launch Walmart +, to compete with Amazon Prime for same day grocery delivery and next day for other products. Its move today added 55 DP’s to the averages. I don’t think it’s a big deal since for the same money, with Prime you get streaming too. And the margins on groceries are razor thin.
FOOD SUPPLY CHAIN was MIXED with TSN -.67, BGS +.70, FLO -.03, CPB -.11, CAG +.54, MDLZ -.22, KHC +.22, CALM +.03, JJSF -1.43, SAFM +.54, HRL -.14, SJM +.18, PPC -.34, KR -.03, and PBJ $31.56 +.06 (.19%).
BIOPHARMA was MIXED with BIIB - -1.72, ABBV +.72, REGN +14.50, ISRG -9.30, GILD -.13, MYL -.43, TEVA -.29, VRTX +8.35, BHC -.59, INCY +.86, ICPT -.74, LABU +3.36, and IBB $140.15 +.71 (.51%).
CANNABIS: was LOWER with TLRY -.13, CGC -.40, CRON -.19, GWPH +2.93, ACB +.17, CURLF -.07, KERN -.62 and MJ $13.08 -.01 (.08%).
DEFENSE: was LOWER with LMT -8.59, GD -3.29, TXT -1.73, NOC -7.89, BWXT -1.78, TDY – 7.84, RTX -2.12 and ITA $160.32 -6.10 (3.67%).
RETAIL: was LOWER with M +.03, JWN -.58, KSS -.72, DDS -.88, WMT +9.11 (7.66%), TGT -1.40, TJX -1.84, RL -2.49, UAA -.41, LULU -6.66, TPR -.51, CPRI -.18 and XRT $43.78 -.43 (.97%).
FAANG and Big Cap: were MIXED with GOOGL -7.40, AMZN -44.69, AAPL +1.06, FB -.91, NFLX +.69, NVDA +3.06, TSLA +9.42, BABA -2.60, BIDU -4.54, CMG -10.92, CAT -2.03, BA -8.57, DIS -.53 and XLK $106.34 -.77 (.72%).
FINANCIALS were LOWER with GS – 7.91, JPM2.52, BAC -.63, MS -1.32, C -1.53, PNC -3.15, AIG -1.36, TRV -2.45, AXP -3.48, V -3.13, and XLF $22.93 -.48 (2.05%).
OIL, $40.62 -.01. Oil was lower in last night’s trading before we rallied in the morning. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. We needed a close over the previous high close of $40.83 and while we were there, we sold off to close below that number. The stocks were higher with XLE $36.26 -1.19 (3.18%).
GOLD $1,809.80 +16.40. It was a continuation rally and a new recovery high OF $1807.70 Last night I said “we’ve moved $50 since the low on Friday and while the trend and momentum are positive, we may have to test 1790 to consolidate our gains.” Unfortunately, we pulled back to 1,767 instead. We rallied a bit and finished only slightly better. We bought back the 3rd and final lot of NEM @ $58.86. And, we also added a half position in NEM 7/17 60 calls @ $1.55, and additional 50% @ $1.30 on Friday. We sold half on the 100% Up Rule @ $2.94 and half of what was left today @ $3.20, we closed $3.20 + .80 today.
BITCOIN: closed $9,290 -65. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $9.76 - .19 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

MU and XLNX beat

For Trading JUNE 30TH
Pending Home Sales +44.3% in May
BA Adds 168 Points to the DJIA
MU & XLNX Beat, SPG Reaffirms Div.
Today’s market got off to a good start based on the futures, and within the first few minutes started a selloff to the low of the day (+70) and then turned on a dime and started higher again and by 10:00 were had hit +450. We moved sideways to higher until the last 15 minutes we had rallied to a new high and closed +580.25 (2.32%), NASDAQ +116.93 (1.2%), S&P 500 +44.19 (1.47%), the Russell +42.43 (3.08%) and the Transports +246.90 (2.8%). Market internals were good with the NYSE A/D 3:1 and NAZ 2:1, while NYSE A/D volume was better than 5:1. Overall volume was about unchanged from Friday. The DJIA was 29:1 with the biggest mover BA +168 DP’s and the others a far distant AAPL +56, HD +35 and GS 20 DP’s). The Pending Home sales this morning added to the market as soon as it was released. Homebuilders were up anywhere from 3%, (LEN & DHI) to 8.8% (BZH & TOL), and the ETF, XHB finished $43.45 +1.67 (4%).
We added some CVS 7/67.50 calls on the decline with an average price of $1.16 and they finished $ .66, and the NEM 7/17 $60’s @ 1.55 and added to last Friday @ $1.30 for an average of $1.47 triggered a 100% Up Rule sale at $2.94 this morning. They closed today $2.12.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s highly informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/AeKKwW1lmKw SECTORS: The news of COVID-19 surges in cases to new highs has caused the states of both Texas and Florida to halt the progression of their re-openings. In fact, both states have closed bars since it is a place for younger people to gather and the 25 -39 group shows the biggest increases in cases. There are states that have seen increases of up to 300% from where they were when the re-openings began. For a look at how ALL the states are doing use this link: https://rt.live/ There were 2 stars in the market today; the obvious brightest star was Boeing (BA) on the strength of it starting FAA piloted flights of the 737 MAX for re-certification. The flights seem to be okay, but the flights are just the tip of the iceberg since all of the data now has to be analyzed. I’m sure it will be a little while before we hear anything substantive, but it was a start after over 440 days of grounding (March 2019). But buyers wouldn’t be stopped after the recent decline from the recovery high of $234 to close $170.01 Friday. The stock opened $181.65 and traded up to $194.50 before closing on the highs at $194.49 +24.48 (14.4%). The second star was FB, embroiled in the cancellation of ads but some of the world’s biggest and best companies due to racist and hate oriented content. Last Tuesday before the advertisers started pulling ads the stock had made a new all-time high at $245 but started lower the next day. On Friday Unilever and KO had pulled (adding to the list of medium sized firms) and the stock fell to $215. This morning Starbucks adding to the list and the stock fell to $207.11 before the market took off (see above) and by 10:45 it had crossed unchanged and kept moving to close $220.64 +4.56 (2.1%) but $13 from the low. We’ll have to see what it can do when it gets to supply between $224-226. Earning from two chip makers both beat, and both gave solid guidance. MU finished $52.11 +2.96 (6%), while XLNX was $98.47 +6.50 (7%). Simon Property Group (SPG) reaffirmed its earnings quoting the fact that 199 of their 204 properties across 37 states are open and operating. They also declared their dividend and added that they expect to pay $6.00 in cash for 2020. The stock had closed $68.13 +6.23 (10%) but rose further in late trading and was $72.52 + $439 or another 6.4%. In the financials, after the close several, (BAC, MS, C, and MS) all affirmed current rates while WFC said it will have to cut their payout. The stock fell about $ .25.
FOOD SUPPLY CHAIN was HIGHER with TSN +.97, BGS +.63, FLO +.75, CPB +.85, CAG +1.77, MDLZ +.78, KHC +.81, CALM +.68, JJSF +6.39, SAFM -.64, HRL +.13, SJM +2.07, PPC -.38, KR +1.39, and PBJ $30.87 +.54 (1.81%).
BIOPHARMA was MIXED with BIIB +1.34, ABBV +.16, REGN -.49, ISRG +3.92, GILD +.24, MYL +.12, TEVA -.01, VRTX -.64, BHC -.01, INCY +1.05, ICPT $47.10 -30.39 (39.2%) ON THE FDA HAVING QUESTIONS ABOUT THEIR NASH (LIVER) TREATMENT. IBB was $134.88 -.48 (.36%).
CANNABIS: was MIXED with TLRY -.21, CGC +.55, CRON +.11, GWPH +1.72, ACB -.08, CURLF +.03, KERN +.01 and MJ $13.01 +.19 (1.48%).
DEFENSE: was HIGHER with LMT +11.24, GD +3.29, TXT +1.51, NOC +7.14, BWXT +.91, TDY +5.60, RTX +2.91, and ITA $167.42 +9.04 (5.71%).
RETAIL: was HIGHER with M +.71, JWN +1.21, KSS +2.01, DDS +1.80, WMT +.80, TGT +1.55, TJX +1.47, RL +5.29, UAA +.74, LULU +14.57, TPR +.80, CPRI +1.29, and XRT $42.25 + 1.01 (2.45%).
FAANG and Big Cap: were HIGHER with GOOGL +39.46, AMZN -3.21, AAPL +9.57, FB +4.22, NFLX +4.60, NVDA +6.00, TSLA +46.25, BABA -.11, BIDU -.51, CMG +14.85, CAT +3.61, BA +22.33 (13.2%), DIS +2.90, and XLK $103.19 +1.65 (1.02%).
FINANCIALS were HIGHER with GS +5.81, JPM +1.09, BAC +.28, MS +.56, C +1.26, PNC +2.82, AIG +.97, TRV +1.90, AXP +1.58, V +3.23, and XLF $22.88 +.28 (1.24%).
OIL, $39.70 +1.21. Oil was lower last night trading as low as $37.50 before we rallied well off those levels. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, prices are trying to work higher towards $45.00. The stocks were higher with XLE $37.24 +.74 (2.03%).
GOLD $1781.20 + .90. It was a small pull-back after the strong rally of the end of last week, and after touching $1796 last week we turned back lower and tested $1754 before bursting higher