cashcow04

cashcow04

going to close below the 100sma, 50sma turning over and probably a bearish cross upcoming in the next few weeks if this tariff narrative continues. worst case could even test the uptrend line allllll the way down below..

cashcow04

bto some 355 calls - relative strength, over the 200sma, decent volume, let's go

cashcow04

taking some VALE short here, tight stop set, bto $13 puts

cashcow04

HD needs to get off the mat here, prepared to play either side, but if the market stays weak i have a hard time believing this doesn't test the uptrend line below.

cashcow04

daily cup and handle, 200sma could be your stop right below

cashcow04

Long ALB on unusual option activity in the 4/20 $100 calls. Weekly support looks good. Hesistant to take long positions when overall SPX is weak but a month til exp should give me time. Will sell on any spike up towards $100.

cashcow04 Updated 

Uptrend line support being tested, dropped below the 100sma today and below all major MA's (20,50,100,200). April $250 Puts being bid aggressively this week with 14k in OI now. Pretty big damn drop...

cashcow04 Updated 

At a critical point here, could breakout and try to make a run towards new ATH's or just fall back down and stay in this range until the next catalyst (earnings)

cashcow04

BTO some ABBV at uptrend line support and outperformance relative to SPY on such a red day across the board.

cashcow04

Desc wedge into the 100sma but more importanly the longer term uptrend line. Can't see this thing breaking down during a Trump Administration (defense defense defense, etc.)

cashcow04

make or break with FOMC next week weds 3/21

cashcow04

weekly make or break time, C been a little bastard compared to it's peers lately. Quite a bit off it's ATH's or even 52 wk highs when compared to JPM, GS, BAC, MS, etc.

cashcow04

a bit of a desc. wedge, on watch for either direction

cashcow04

see if this breakout fails and it comes back in. Noticed a buyer of the 4/27 $61 calls 255 x 1.93 for almost 50k right before the bell today. will continue to monitor.

cashcow04

15m looks constructive, will see Monday

cashcow04

seeing interesting calls into a weekly 4/6 exp for $270 calls (almost 8% above current levels). Do semi's continue to run? Earnings aren't til May i think so should be interesting to see what happens in the next 3 weeks til exp.

cashcow04

Weekly resistance up here, what a run for this guy

cashcow04

daily megaphone, just a bet on if weakness persists in tech into year end, could see GOOGL break thru the 50sma on the hourly and cloud break then back down to 1050 vol poc area.