Put call ratio was 1.52 today and 100,000K spy puts were bought or sold. I'm thinking they were sold. I'm long the SPX500 through aapl 104 calls. 5 wave pattern up and resistance at 2000. Ryan
Long Wal-Mart on a break of the downtrend line. Targeting 70-80ish by EOY. Ryan
I'm long Wynn Here... breaking a down trend as well as in a tightly held wedge with positive momo and volume. I'm targeting 125 here over the next year or two. Huge Divergence on MACD Ryanhasoptions
A very well run company that has not slashed dividends... has little to no debt and is a leader within the MLP industry. This is a long term buy and hold for me... I will reinvest dividends to cost average down if we fall more. Ryan
GPRO is diverging from the market even with a huge selloff today... I believe there is some interest in GPRO at these levels because of the huge amount of shares floating short. Potentially a bounce into the $30 area sometime soon. -Ryan
I believe COP as well as other oil giants are going to get dragged down with the oncoming production of oil. I'm target 44 the .5 fib and 34 the .618 fib. -Ryan
Great value play here. Only a 22.2 PE ratio for the Amazon of China. I think investors are finally starting to realize how big this company is and that it is a bargain at these levels after it's post IPO blues. -Ryan Please leave some comments. Thanks
Potential short on Costco here... This stock is starting to get over extended and with the high-spinning doji, it is only a matter of time before hedge funds start taking a little bit of profit on this one. -Ryan Feel free to leave some comments.
SUNE is a huge hedge-fund favorite as far as the Solar industry goes. I would be surprised if this company goes bankrupt... I'm expecting buyers in the 1-3$ range. Long.
AAPL just went through an upgrade and the market is knocking on the door of all time highs. I believe AAPL will see a lot of year end instituational investing taking place. It may run into resistance at 125-130, but it is beginning to hit some LVN's on the volume profile analysis and should give it some upside. Based on the Measured ABCD move I expect AAPL to...
Healthcare is not along for the market rally today and UNH looks increasingly week. I have a T1 at the 1.618 extension at 100 and a T2 at the 2.618 extension at 83.87. Thanks. -Ryanhasoptions.
Coming into Earnings NVDA is looking increasingly bearish. I believe NVDA will retrace to the .5 and .618 giving a target of 24.06 and 23.09. Cheers and Happy Trading. -Ryanhasoptions
You can thank that little price hiking hedge fund manager and people like Bill Ackman for the Healthcare/Pharmaceutical correction. Looking at the weekly using Fibs as reference points i believe healthcare over the next few months will begin to sell. I have a target of the 1.618 extension of 59.76 and a second target of 53.31. I'm using XLV to short because...
GE has seen a huge squeeze up on huge volume and a positive earnings beat. The top of the trend has been clearly marked with a shooting star inverted hammer. I would also like to note that GE saw huge volume in options contracts on Tuesday with nearly 300,000 contracts being traded in what looked to be a covered call at the 35 strike price. I expect GE to...
Since the margin crash back on August 24th the spy has slowly but surely worked it's way up to try and reverse this correction. It saved itself and bounced off the .764 fib level. I believe that the big rally and uptrend will continue until about 208 on the spy (which just happens to be a gap fill) The measure moved should be completed the next week. I'm...
We have a clear short squeeze taken today by the bulls and they have the keys right now. I believe that fibs will come into play and we will follow the elliot wave pattern within my analysis.
AAPL has recently crossed into dangerous territory and is below the 200DMA; however, AAPL has made an extremely large move downward and has found temporary support in the 115 range. I believe AAPL will make a strong push up the top of the downward channel where it will be rejected at the 125 range and continue along the downtrend once a deathcross of the 50DMA...
There is an increase in selling volume for UAL after earnings and a rejection of the top downward trendline, I expect UAL to hit a target of 52 and then if it can breakthrough this support then I have a 2nd target of 40.