Stocks Daily Discussion

[pftq]

I was skeptical about the AAPL and QLD short signals posted the last couple days but it looks like they played out today.  Should've trusted the program.  

[pftq]

Picked up Nov 31x calls on DIA at $1.70.  Oversold + bottom signal recently.  Only thing is I'm not sure how well the signal works for this symbol.  Again, only really picking this up as a hedge against all the Trendline short signals.

[wd1040]

Fits the FX space - all currencies have more to drop. I bet the reason is GDP tomorrow. Looking for a blowout of good data.

[pftq]

Awesome, AAPL missed earnings.  Was starting to worry that my program's massive onslaught of short signals might be wrong.

[pftq]

Market's dying too slow. <_< Picked up SPY 141x weekly puts at $.30
Also got out of XLV calls at $.60

[pftq]

Out of SPY weeklies at $.60 - going to get back in on a bounce.

[pftq]

More support breaks just now. Only valid if we don't rally back up into close of course.

[pftq]

Back into SPY 141x puts at $.35

[pftq]

Gave back the gains from the first trade.  Ah well.
Strange close today - not sure what to make of it.  Was strong enough to cancel the previous two breaks so back to neutral.

[ItsMeexD]

AAPL sold strangle worked out way too well as an earnings trade yesterday.

also long AAPL. my bearish stance on AAPL has been erased by this hammer today.

[wd1040]

Wake up, see that the 1% ramp hasn't broken any resistances, go back to sleep for an hour.

[wd1040]

Ya know, I just realized that because of the hurricane, shutdown of the NYC subway system, PATH trains (NJ to Manhattan) and almost all other forms of infrastructure, NY's economy is dead for the next few days.

Unless the Fed's doing this ramping courtesy of Henry and co...

Also, even though SPX futures are trading at 1415 now, we are making the way up from 1400 during the start of European session. So... we're back where we started. And also, SPX futures aren't trading right now... opening in around 4 hours.

[pftq]

This SPY signal was actually generated Friday, so I'm definitely noticing this one a bit late.  However, this strategy is the most comprehensive of the 3 I currently have, using all the indicators I know instead of just being led by either Trendlines or RSI.  The significance is that this strategy has not made a trade since June (long) when I first wrote it, so it's basically the first trade it's making since it was born. :O I'm very confused though why it shorted at such a low point; will be watching closely to see how it performs in real life now.


Altogether a very confusing past week for me so far.  We basically had short signals from support trendlines breaking across the board on the S&P individual stocks and on several sector indicies but at the same time, a few select indicies were oversold and marked as long for the RSI-driven strategy.  The addition of this third more complex strategy also weighing short on the SPY itself just makes me more confused.

[pftq]

Out of DIA calls at $1.82 from $1.70
ALXN puts finally playing out; stock is at $93 from $95 call initial post.

DIA from a week back:


The lower trendline breaks on IWM/IWO last Friday that didn't hold into close ended up breaking anyway.  Picked up IWM Nov 81x puts at $1.40

[pftq]

Holding all puts now (IWM, XLP, XLI, ALXN) from trendline breaks, so I'm hoping to get some long signals soon to balance out.

Watching GNW for a good close to confirm an upper trendline break.