Heck of a day out there! Market got toasted today as well but felt pretty expected to me as this bounce was just a relief bounce after some massive panic. I still think we have much lower lows incoming. The longer everything stays shut down the worse the economy will be and the longer everything takes to come back to “normal”. Speaking of normal, the new normal may be something we don’t even know yet but that’s all future talk. I just take it a day at a time. So here is tomorrow.
NBY – Nice doubler today here. See how it opens up tomorrow but kept some over either way. Thinking .80 retest for long add. Will depend where it opens in the am if I sell swing premarket or not.
CCL – Smoked today and offering at $8 is the word. I wonder how long this goes and if they stay solvent. Great trade on the puts today, will sell rest in am. Thinking possible $7.20s test for bounce but will be purely reactive on a panic flush
BA – Ideally 135 retest or higher for short and puts.
USO – Daily watch in case Oil decides to get a big rebound.
PULM – Floating up after hours. Just an eye but if 1.20s hold will look to get long in am.
CODX – Ramping after hours and worth keeping on radar with APT LAKE AHPI all going as well. Ideally morning retest of 7.50 for long.
GOOS – Decent put sweeper in there today and likely gets a nice fade with market back to $15
Thanks, Cody
Thanks