Tuesday 9:45am - DNOWS Meetup
What Trades do you have?
How is your education going?
Stock, ETF, Crypto Alpha Boost Case Studies
Seabrook Discussion 7pm Wednesday
New Age Traders Noon Thursday
1. High Volatility: VIX > 23.
The US Markets bounced hard on Thursday’s CPI Data. Will Chair Powell pivot on rate hikes before the end of year? So this bounce could be a dead cat bounce in a bearish market or it could be the bottom if Powell Confirms that inflation stalling means slow down of rate hikes. Please keep your hedges on through the end of year and perhaps beyond. The new expected SPX range for this week: 4091 top and 3894 bottom.
2. US Dollar and 10 Year Interest Rate:
The US Dollar dropped to 107. 10Y Note Interest is at 3.9%. 30 year fixed rate mortgages are below 7% again. The Mannarino MMRI is flashing danger at 365+. Long Term the US Dollar decline is still intact with Fiscal and Monetary stimulus flooding the world with US Dollars.
3. Crypto Currency: Bitcoin at $16,180 dropped below the 5 month range.
Companies, Countries, and Institutional investors are accumulating large Bitcoin positions. Please continue to Dollar Cost Average into Bitcoin and Ethereum. Crypto winter will last for another 6 months, as we wait for the next Bitcoin Halving in 16 months.
4. Tasty Works Algo Trading System: James at Quiet Foundation
Alpha Boost ideas, sign up https://info.quietfoundation.com/alphaboost
https://issuu.com/luckbox/docs/2111-luckbox-site/56 Alph Boost Article
If you are new to options or this blog sounds like gibberish, please tryout Tasty Trade’s New 2020 Education. Includes 40 Videos, Testing and you get a certificate of completion at the end of the course.
5. TRADE Log: VIX > 23
1.) Jade Lizards -
2.) Put Broken Wing Butterflies - SPX, TSLA
3.) Put and Call Credit Spreads
4.) Put Calendars- DWAC
5.) Upside Ghetto Spreads - SQ, TBT, SPY
6.) Downside Ghetto Spreads - SPY
7.) Collars - SAVA, TSLA
8.) Weekly Butterflies
9.) Covered Calls
10.) Back Ratio’s
6. Video and Articles
Theotrade: Is a Market Bottom In?
The Great Transformation [Part 3] - The #Disruption of #Energy
The Great Transformation [Part 2] - The #Disruption of #Transportation