RE: (VIDEO) Market Opportunity: What To Be Focusing On Now PLUS Important Updates. By Gregory Mannarino

[joejustjoe]

I'd go with NFLX call options. It'll see 160.00+ some time next week I figger. Next Fri could be "black' Fri btw. But I imagine the moneyrunners will take us thru July options expiry and dust all remaining shorts first. ..kinda like the AMZN shorts got dusted on the Whole Foods buyout. Those poor saps would be sitting in green right now it they didn't commit "hari kari" on teh Whole Foods news. :-)

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=amzn&x=44&y=20&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

AMZN setup pretty much exactly like NFLX interestingly enuff. Both have options pricing that is waaaay to rich for my tastes tho. AMZN will see a new 52 week high before it totally implodes.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=nflx&x=43&y=4&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

Comments

[marketreport]

Great work.

[joejustjoe]

Not yet. I'm still working on a short term sell signal for UVXY. "Almost" had it earlier today on the spike close to $10 just after 11AM. If that signal comes in I will hedge my longer term VIX long via a few UVXY puts and hold for my long term buy price I mentioned to you. I wouldn't initiate any long positions until I see my sell signal in UVXY. Right now it's like you said, everybody just trying to get through the day and make it to the weekend. Translation? >>> Boooooring. :-)