Crazy day again, monster market move but just still don’t really trust it. Likely exhausted selling finally and now things are paper thin on the bounce. I expect some red tomorrow in the market but hope I am wrong. Looking to play a few names but Etrade was almost un-usable for the first hour for me. Here are my names:
NKE – Digested the move well today but still looking to lean on this one. Shopping will plummet in the coming months, granted Nike is best in class but I doubt people will be spending much on new clothes for quite a while. Ideally $85 push for short and puts.
BA – $180 touch for the short.
TLRY – Big move today and held well into the close. Ideally morning washout into $4.70s for long. Won’t marry it if entire market fades though.
CGC – Similar as above but ideally breaks into $15s for the confirmation.
ACB – If the other two really start to move.
RCL – Big bounce off the bottom over 100%. Will look to take some puts here if we get anything over $47-50 tomorrow
Awesome, thanks!
Thanks
Thanks!
E*TRADE this morning was a nightmare… hard to tell what was going on, showed positions wrong, they were there then gone then back… glitchy charts, slow loading… then after 1st hour all better.
Nice call on the RCL puts! I started adding at 47 up to 49+. Great call!
Cheers!