goledger

goledger Updated 

In the context of a trade, as a opposed to a long-term investment: I'm going to defer action on $AMZN at this time. I'm not bearish, but I feel caution is warranted here. Don't see it as a compelling purchase price at $3100 Won't be surprised by a move higher or lower over the next three weeks. Anticipating good earnings numbers, but market might not reward...

goledger

It's worth putting on your watch list. If you squint just right, it "maybe" looks like it is trying to enter a downtrend. I'm not going call it oversold here, but think it is close. I'll probably open a trade in $ADBE if it hits that $440 area. I own shares from many years ago. Rarely trade it. It falls in that Software Infrastructure group with MSFT and...

goledger

Anyone using the Chaikin Money Flow for analysis? I'm starting to worry about $AMZN. Bot March vertical call spreads when it hit $3090 this week. Intent was to cover short side as $AMZN hit $3030 -$3050, then trade out of the long side prior to earnings release. Options pricing has been somewhat quirky as of late.

goledger Updated 

Volume by price MIGHT show shelf around $54.50 and then again around $49.00 I'll continue to watch $NIO with a bullish bias and willingness to acquire more. I added May 40 calls this past Thursday and Friday. Will add more if it falls below $49 - $55. More concerned about ancillary market noise this coming week, and how $AMZN and $GOOG are going to move...

goledger Updated 

I view any $NIO pullback as an opportunity to add shares. I am expecting higher market volatility over the next week or so, and have raised my cash according. Looking to add to positions in SDGR, ARKG, OKTA, AVGO, INTU, UPS, PK. Year-to-date, $NIO performance has covered for my poorer trades in AMZN, NOW, and GOOG.

goledger

Has a fair chance of returning to low $1800 near-term. Unfortunately dealing with noise re Twitter, FB, et al.

goledger

The mega-caps will also need to digest the overall noise in the market between now and earnings. I'm less bullish now, than I was a month ago. Better to say neutral.

goledger Updated 

Still inside 1 std dev channel going back to September 1st. Wouldn't look too stretched unless it hits the $70s this month.

goledger

there is a chance for it to test $3080 to 3100 (lower limit or 1 std dev linear regression). Also expecting a pre earnings release rally last week of January. Perhaps the upper side of the linear regression channel.

goledger Updated 

Don't believe that it is breaking down, but continues to be weaker than overall market. Has good track record for previous times that it has broken 50day ma. Cautiously long with May $500 calls

goledger Updated 

NIO Chart based on 1% linear regression, and Williams alligator.