savage_Trader

savage_Trader

pharma is strong. MRK PFE ABBV. taking JUl 22 155C on ABBV

savage_Trader

Good accumulation volume on DDOG. Some of the Software names have been really strong. They bottomed out way before SPY QQQ. If it breaks above 112, can see 115, 118.76 fast. Want to try JUL 15 115C.

savage_Trader Updated 

SBUX getting some real good buying volumes in the base. most of the consumer services companies been doing good last week or so and some names have already broken out like MCD, WEN. SBUX might follow them. Above 80, looking at 9/16 80C PT : 83.80, 85.60 SL : 78.60

savage_Trader

farm machinery manufacturers like CAT and DE been really weak last few days with big volume on gap downs. DE has been closely tracking XME since last year or so which doesn't look too good either. Also, if we overlap IWM chart with DE, it looks pretty close to IWM chart before the break down. if it breaks 295 again or if it can get to 305-306. DE 9/16 280P...

savage_Trader

AMD is on a really important zone here. if this breaks, its going to be a disaster for it. we can see 59-60. most of the semi conductor names like AMAT, NVDA or just semi etf SMH are pretty close to 200 weekly moving range. we might see it next week. MU reported ok numbers for this quarter but their guidance is awful. • They slashed EPS by 40% and REV by 20%...