In today’s Daily Digest, we’ll review:
- No new positions.
- Defensive adjustment in SMH.
- No exits since last report.
- Current status of open campaigns.
Let’s dig in! [Read more…]
Expert technical analysis of financial markets by JC Parets
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
Hey folks…
The entire All Star Charts team is presently in NYC hosting our Portfolio Accelerator event. So I will skip the preamble and get right to the point for today’s trade in $TSM… [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
The housing sector continues to perform well, and it makes sense that companies in the mortgage business should come along for the ride.
One of those names had a big push into the end of the year, and then had a monster pull back to start 2024. We think this reversal may be a bit overdone and the stock is now at a level where we can take an advantageous position with minimal downside from here. [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
“The Iron Condor is a risky trade!”
This comment was shared today during my appearance on the Morning Show with JC and Strazza.
We were discussing this trade in $TSLA we put on yesterday.
Sure, this trade might have some risk in it.
Newsflash: ALL trades have risk. If there was no risk, there would be no potential reward!
An Iron Condor is a four-legged options spread consisting of equal amounts of short out–of-the-money puts and calls, and long further out-of-the-money puts and calls that protect the position and define the risk.
Here’s the PnL Graph for the $TSLA trade and this is a pretty common structure for an Iron Condor trade: [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]