Stock
DIA and JNJ Trade Triggers (and DDOG/TSLA recap)
We’ll do a review of the swing trades in DDOG and TSLA which have hit their first set of targets, along with set up a new trade in DIA.
A reminder as to the idea behind DDOG: https://youtu.be/ZStu8iHr46E
-We had a pullback on the weekly time frame chart to DDOG’s Market Pulse line.
-We also had a bullish Edge Signal (oversold) confirmation signal on the daily time frame chart.
ENTRY: $91.04 (Filled)
TARGET 1: $94.62 (Hit T1)
TARGET 2: $100 (Open)
TARGET 3: $115.30 (Open)
TARGET 4: $125-$1
3 Stock Volatility Trades – DE, SPCE and NVCR
We had 38 stocks that hit our Live Scanner today between the hours of 6:30am – 10am PT (and stayed on for 3+ minutes).
We’ll break down the 38 trades, using a few different lenses:
1. Time in Trade
2. Hour of Trade
3. Type of Model
With today’s stock VB results, we found the sweet spot to be the 5-15 minute zone, with all hours outside of 8-9am PT being positive.
After a higher level overview, we’ll take a look at 3 specific examples:
1. Deere (DE) – Conservative Long; Coming off an earni
Swing Trade in DDOG and Day Trades in S&P 500
We’ll discuss a swing trade setup in DataDog (DDOG), along with breaking down some of the day trades in the S&P 500 (along with one setup for tomorrow).
Starting off with DDOG, we have a pullback on the weekly time frame chart to our bullish Market Pulse line. In addition, we also have a bullish Edge Signal (oversold) confirmation signal on the daily time frame chart.
Here’s the trade parameters for the extensions discussed in the video, along with 4 potential targets depending on how long y
Read MoreTSLA, RTY and YM Trades
We’ll do a quick update to our TSLA Broken Wing Butterfly trade, along with discuss two futures trades in the Russell and DOW markets.
Starting off with the TSLA broken wing butterfly, we were looking for a pin near the $550 price point, and had built a 530/550/560 broken wing butterfly for $1.55. Today, that same butterfly is currently selling for ~$3.90.
To manage the trade, I’d be looking at a pullback here in TSLA, which would actually be healthy, and help erode some of the theta premium
Read MoreTSLA Broken Wing Butterfly Trade Idea
With the news of Tesla (TSLA) being added to the S&P 500, we have a catalyst to support a bullish trade idea looking for a move to the 1.272% Fibonacci extension.
We have a squeeze that has been gaining momentum, leading to the idea that it will fire long. To play this move in a relatively “expensive” ticker, we’re going to build a broken wing butterfly.
The broken wing butterfly gives us 2 inherent benefits:
1. No upside risk
2. Reduced cost compared to owning the shares outright, or buyi
3 Different Trade Setups in Boeing (BA) Stock
We’ll discuss 3 different types of trade setups that occurred today in Boeing (BA), giving you an opportunity to visualize and understand each one.
The 3 trade setups that we’ll discuss are:
1. Bullish Squeeze and Targets
2. Reversal via the Volatility Box
3. Trending Criteria for Tomorrow
In the first setup, we had a bullish Squeeze Signal along with a bullish Market Pulse, suggesting that we expected the stock to continue trending bullishly. Here’s a video detailing that setup in more detail
Read MoreFTCH, DIS, AMAT and CSCO Earnings Plays
In today’s video, we’ll cycle through 9 different companies reporting earnings today after the close, to try and find trade ideas. For this exercise, we’ll use our Smarter Earnings indicator, which is available for free here: https://www.tosindicators.com/indicators/smarter-earnings
From the 9 trades, here are our final results:
FTCH – Looking for a bullish gap n go, avg bullish move is $1.69, lowest move is $0.24
DIS – Looking for a bullish gap n go, avg bullish move $3.48, lowest move is $0
Read MoreSwing Trading Setups (incl. MSFT, SMAR, PYPL, OKTA)
In today’s video, we’ll use today’s sell off to see where we have longer term, swing trade opportunities setting up.
We’ll use our Squeeze Signals scan (built as part of our Squeeze Course), and take a look at the setups using a weekly time frame chart. For those with access to the course, you can also use the backtester here to see actual P/L results.
With a weekly time frame chart, we have opportunity for better trading entries, and maintaining a longer term perspective. Many of these weekly
Read More14 Earning Trade Ideas (incl. AYX, TTD, ROKU, SQ)
In today’s video, we’ll cycle through 14 different earnings charts to try and find trade ideas. For this exercise, we’ll use our Smarter Earnings indicator, which is available for free here: https://www.tosindicators.com/indicators/smarter-earnings
From the 14 trades, here are our final results:
AYX- looking for a gap down, and a fill of that gap off of a beat
MNST – looking for a potential gap n go, avg move $2.33, lowest is $1.21
ROKU – looking for a bullish move — either gap fill or gap n
Post-Election Volatility Trading
With the election being a close race, we had a good deal of uncertainty that translated into volatility for our 4 major index markets.
During the after hours activity as the election results were slowly trickling out, we saw the S&P, Nasdaq, DOW and Russell futures all moving wildly (with the NQ up 3.5%+ in after hours). This same volatility continued into the market place today.
As a result of this volatility, we had a variety of different trading opportunities set up, which we’ll discuss in
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