Housing bubble. The excessive growth in the housing market is a concern. People are paying more than asking in the US. Mortgage rates are cheap. And as long as the bank wont rise the rate they are all doing great business. What happens when the FEDs start tapering the economy
Read MoreIf you havent read the blog before do it now before trying to understand any of the following. Read Theory and Resources first. Basic Trade Characteristics to consider A Bear Call Credit Spread is a trade that consist of two trades. One short call and one long call. We sell a Call for
Read MoreIf you havent read the previous article yet you should do this before reading this one. Only if you understand the first article you will understand this setup here. Economic Sentiment and Chaos There should be three conditions for any trade in this environment. The risk of an huge market
Read MoreThe Army of the Apes seems to recede and long term speculators are taking the spot. Beside that the average volume sunk below 50% from end of August the daily trading is now only about 30% of that. 30 million daily trades compared to 176 million average trades on August
Read MorePreface I was thinking a lot about this what I am going to lay out here. I have done it in the past but also differently. What am I talking about? The question is how to continue trading with the feel that the market will have a huge pullback coming
Read MoreIs DOOMS DAY approaching when the 10 Year Yield reaches 2.2% and Commercial and Industrial Loans pass over the peak of April 2020 at 1,600 Billion Dollar? Interest Hikes will default companies that are heavily invested in Long Term Debt and having a Current Ratio of less than 1. This
Read MoreTuesday and Wednesday in AMC we had a PUT to Call Option Trading of 66.6% More Puts were traded than usual. The average trading volume is down by 50% compared to August 25th. Share trading is around 50 – 60 million and this is not enough to drive the price
Read MoreMy short position on AMC is still valid. 37 PUT 123 DTE. What happened before Remember, when AMC crossed above $40 I bought 100 shares and did the little ride up to $45. Took profit but missed the run up to $50. Then I sold a $42 PUT since it
Read MoreI was impressed that the Ape Army could actually gather enough apes to initiate a March on Rome. They had more success than expected. But as I said, if they can gather the needed trading volume, above average, for at least 2-3 days they can drive the price above $40.
Read MoreToday the Ape Army gathered momentum and drove the price higher. The average share trading volume was surpassed by 30% and reached 225 million shares. At the same time over 1 million options contracts changed hands. 75% of which were call options and 25% put options. AMC was traded at a volume
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