texagbeliever said:

---

I'd be curious if you thought NINE was a Darvas box as well. While slightly more of a penny stock, if that one runs it has big daylight ahead (currently trading $2 but with a 52 week high of $20)

---

It does look like a pretty tight pattern. I think one of the requirements is supposed to be high trading volume (relatively) within the time period the price is in a tight range. I think that might actually rule out NINE and maybe the ones I posted as well. I'm still learning about technical indicators as well.

I will say that NINE looks like it will be heavily influenced by oil prices being about ~$35. Almost like a binary effect, where much under that and completions will stop and much over that and companies will try to get PUDs completed to stay on their development schedules.

So let's just just hop right over the 200 day on the SPX !

Airline stocks popping this morning

claym711 said:

---

Retail is all that's fueling the markets up here. It's going to end badly.

---

If I look at exhibit 1 and 2, it looks like a bullish signal. Look at end of 2018 and Feb 20.

Last two exhibits tells me that a lot of people have spare time on their hands.


I am trying to understand the charts above and the ICI data showing all the selling. Is it that one is a large amount of money and the other isn't? Should we give higher weighting to the larger money?

12thMan86 said:

---

So let's just just hop right over the 200 day on the SPX !

---

Liked a plan.

gougler08 said:

---

Airline stocks popping this morning

---

I'm going to take some profits and reinvest portions of it back at higher strike prices for the same airlines.

Anyone on those NTNX calls? Over $25 PM so taking the profit now or letting ride on earnings?

Bob Knights Liver said:

---

texagbeliever said:

---

I'd be curious if you thought NINE was a Darvas box as well. While slightly more of a penny stock, if that one runs it has big daylight ahead (currently trading $2 but with a 52 week high of $20)

---

It does look like a pretty tight pattern. I think one of the requirements is supposed to be high trading volume (relatively) within the time period the price is in a tight range. I think that might actually rule out NINE and maybe the ones I posted as well. I'm still learning about technical indicators as well.

I will say that NINE looks like it will be heavily influenced by oil prices being about ~$35. Almost like a binary effect, where much under that and completions will stop and much over that and companies will try to get PUDs completed to stay on their development schedules.

---

Good points. I'm wandering if there will be a later summer oil price spike with supply being slowed down in June & July and not ramping back up as fast of demand will if things reopen. I think there is a lot of pent up demand to get out of the house and go see relatives, friends and visit parks.

CADE may be about to breakout of its Darvas Box.

fightintxag13 said:

---

CADE may be about to breakout of its Darvas Box.

---

I got stopped out of my short at 7.60

Sold my JPM 95c for a double, thanks again OA

sold out of the 297 SPY calls, now I just have the puts... Play will still be a positive even if those expire worthless (I hope they do)

Harkrider 93 said:

---

claym711 said:

---

Retail is all that's fueling the markets up here. It's going to end badly.

---

If I look at exhibit 1 and 2, it looks like a bullish signal. Look at end of 2018 and Feb 20.

Last two exhibits tells me that a lot of people have spare time on their hands.


I am trying to understand the charts above and the ICI data showing all the selling. Is it that one is a large amount of money and the other isn't? Should we give higher weighting to the larger money?

---

Mutual Fund & ETF assets /= retail traders, but certainly is made up of plenty mom & pop and retirement funds. The ICI data you are referring to reflecting a drawdown in fund flows is also miniscule. Net -4B From April through mid May (-22B in August 2019 to put that in perspective). There is no real selling amongst the general public, while hedge funds and institutional traders are not buying.

Roku taking a beating.

Aggies1322 said:

---

Roku taking a beating.

---

My only position at the moment. Let me sell real quick and it'll pop

Big profits here in LUV and TWTR calls this morning. Went mostly all cash here off the open.

Typical gap and fade so far...don't let green turn to red

OA's RUBI trying to push through the Daily 21. If breaks, he thinks 6 is in the future.

RUBI up!

Go RUBI go

Cashed out on those GM calls posted friday, also cashed out on those JD posted early last week. Nice profit

V calls under $1 - could be a good time to enter if the exit is still $3.5

Is V going to make a V bottom and start coming back to us?

What were the details on the V trade?

TheBiggerEvent said:

---

V calls under $1 - could be a good time to enter if the exit is still $3.5

---

What are the strike and exp date?

AggiePeeps06 said:

---

What were the details on the V trade?

---

OA1 said he bought 6/5 200c for .70 on Friday with a goal to exit at 2.50 or revised to 3.50 this morning.

jbeck3487 said:

---

TheBiggerEvent said:

---

V calls under $1 - could be a good time to enter if the exit is still $3.5

---

What are the strike and exp date?

---

200c, 6/5

khaos288 said:

---

Aggies1322 said:

---

Roku taking a beating.

---

My only position at the moment. Let me sell real quick and it'll pop

---

Thanks!

In at 1.02. Let's goooo!

AgShaun00 said:

---

jbeck3487 said:

---

TheBiggerEvent said:

---

V calls under $1 - could be a good time to enter if the exit is still $3.5

---

What are the strike and exp date?

---

200c, 6/5

---

currently at$1.02

If any indication on SPY, the financial stocks are all up (JPM, WFC, DFS, CADE) and have good momentum even though SPY seems to be getting beat down on the day.

Anyone else thinking SPY 305c for Friday?

willjohnathan said:

---

khaos288 said:

---

Aggies1322 said:

---

Roku taking a beating.

---

My only position at the moment. Let me sell real quick and it'll pop

---

Thanks!

---

I looked away for a few minutes and KNEW this comment would be here

What exit should we be looking at for ROKU? I am only buying 1 contract at a time rn and usually get out after I double or sell when down 50%