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Looks like NFLX is printing money today, especially on the calls at the open. I closed out those NFLX Jul 357.5 calls for a gain of +2078 at 10.25 stopped price. Then I realized I sold too soon, so I jumped in NFLX Jul 370 calls at 4.17 avg and those are giving an unrealized gain of +2132 right...

Hey jeff, I use IBD a lot to start too. They throw out stocks with charts and then I do my research on it to set up my own positions. IBD jumps on these rallies quick though. I used to grab the newspaper to check up on "The Big Picture" (I believe that was the section) to see how the market is...

I thought I might take a hit on NFLX 420 calls, and those are going to be a total loss, as well as the nflx 415/425 call spread. I'm going to milk the put spread for as much as I can. I also took this opportunity to add to my GOOGL Jul 27 $1200 calls at the open. I can't see how GOOGL loses...

Well, it feels like everything I jump into an AMZN trade, it prints money for me. I was definitely surprised to see AMZN going above 1840 earlier today, although it has retreated with the weakness in tech starting to show. Now knowing I'm showing a nice gain in AMZN is allowing me to test out...

I also took profits on JPM Jul 105 calls. The run on JPM was solid this morning, but I wanted to have more cash on hand for trades this week, and I'm not too confident on the earnings report from GS tomorrow morning. The profits were nice on JPM, and along with about 1/2 the AMZN calls I closed...

I didn't like JPM's premarket trades, but it looks like BAC saved the day with strong numbers. Of the investment banks/banks, I liked JPM and BAC's charts. So to have both of them report strong data should help this week. I will be looking closely at JPM before the close. We still have GS due...

Only thing I did this afternoon was add into my AMZN Jul 1820 calls. I didn't think the market would give me anything under $14.50 again for AMZN, but the market moved lower between 1:30-3:00pm and that gave me the opportunity to lower my cost on this position to 14.19. I like AMZN and GOOGL's...

I thought I was done with JPM, but I really liked the numbers $2.29 on $28.36B vs. $2.22 on $27.39B estimates. I heard trading was up +19% too. WFC and C dragged down JPM and I closed out the position too early, but I think there's a run here into earnings from GS next week. I jumped back in JPM...

I was definitely giving JPM a chance to bounce along with banks. WFC and C were both negative premarket as the numbers just weren't enough. JPM, on the other hand, had much better numbers, but the price action at the open was enough for me to get out before things get worse. I also pulled back...

That was close to a push above 2800 for the SP500. I should have added to my winners today. There was a point between noon and 3pm est where most of the leading stocks were stuck in a tight range. Still, the move on GOOGL above $1200 and ADBE up to $255 helped greatly, and grabbing more NFLX...

The good old transports. I don't think the dow theory is going to occur soon where djia and dow transport both hit highs at the same time. Right now, the oil factor is creating a top for these transports. Back in March when I had positions in oil stocks, I was also looking at the transports were...

I've used those two indicators for the past 6 months too. I have the rut and nasdaq indexes on my list and I've noticed those 2 in tandem most of the time. It's just been the last few days where I started to notice that divergence, but it could be due to expected earning results in large cap...

I look at how strong the nasdaq and nasdaq-100 is compared to the dow on whether we close gaps or sell off. So far this year, as long as the nasdaq is leading the odds of holding these gains are very high. I think there were only a handful of times where this wasn't true. Right now, we are...

That's an interestingly strong chart, even with yesterday's dip. I took today's bounce to close out weak positions too. Took losses in BABA Jul 190 calls and TSLA Jul 330 calls. It'll give me some buying power to add to techs. I actually want to set up a JPM trade with earnings tomorrow. We'll...

Yesterday morning to me felt like one of those opportunities to add to positions. Large cap techs were much stronger than I thought with some holding higher throughout the afternoon. The only addition I did yesterday morning that I felt failed was the BABA Jul 190 call. I added 1 more contract...

lol, looks like Trumps going to help cover those gaps. But I took this morning's opportunity to add to my positions. I have GOOGL Jul wk4 $1200 calls, ADBE Aug $255 calls, and added to tsla Jul 330 calls. Also closed out my BA puts at near breakeven (I was looking at a -75% loss on this trade by...

I'm going to give it another try on tsla. Bought TSLA Jul 330 calls this morning just looking for the bounce back to 350 by early next week. By the way Jeff, I like your charts, and it is showing the SP500 coming back. I am putting my bets that it breaks 2800 this time around with earnings...

Added BABA Jul 190 calls and BA Jul wk2 340 puts as a hedge. The risk on the BABA calls was about -1850 vs. the risk on the BA puts at -550. I feel the upside running, but still cautious here in case everything collapse.

Closed out of my weeklies. Locked in gains on NVDA and FB weekly calls today. I'll hold NFLX through to next week and see if I can get that pre-earnings move before closing out. I also took the loss on BA this morning. I don't need the hedge anymore. I should have closed out BA right off the...

Locked in losses this week were just above -3200. On the plus side, jumping into positions this morning allowed me to show a better unrealized gain so far up to +1800. I'll be looking for the bounce to continue into early next week before locking in more of these short term profits.