BlackWealthInvestments

BlackWealthInvestments

I was really staying away from MSFT until January 1st. I still think some big executives haven’t sold yet before the Washington 7% long term gains tax takes effect. But today MSFT crushed the Fib and closed strong. Plus I haven’t seen the option IV% hit the teens like today in months. Stock moved 3% last time that happened in August. These algos like to hit fibs...

BlackWealthInvestments

Really like this company too. Got to love algos lol

BlackWealthInvestments

CNBC might say its a buy. And it is but not yet. Patience is key. Made nice paper buying 5/21 puts this week

BlackWealthInvestments

Look at Nike’s cycle. It’s about to keep dropping. Don’t believe its time to buy bs

BlackWealthInvestments

It’s next to go. Buy some puts

BlackWealthInvestments

NYSE:HD If you haven’t been long HD over the years or below $250 just don’t. Like don’t even think to buy that stock. If you bought that stock above $300 just sell it now and buy me a drink later. Your welcome. Cover Call to the max!!! Great stock, Great company, Crazy price.... let it cool off. Don’t believe me look at AMZN after earnings

BlackWealthInvestments

NASDAQ:DKNG Y’all know y’all addicted to online sports gambling.

BlackWealthInvestments

AMEX:SPY Don’t be silly. This game far from over

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NASDAQ:FB Definitely not a buy yet. Don’t be the one holding that L lol... wait for entry

BlackWealthInvestments

NYSE:DIS I want to be bullish but algos bring it down every May. Would think Disney + would change that I guess not. Risky play here

BlackWealthInvestments

NASDAQ:PTON People Lie, CNBC Lies, Charts Don’t.... Buy if you want to lose some money. PUTS!!!

BlackWealthInvestments

NYSE:XOM Demand for travel and vacations will cause xom to recover. Still below pre pandemic price

BlackWealthInvestments

TVC:UKOIL