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Category: Weekly Recap
April 18th 2019
April 18th, 2019 Happy Easter! Weekly Recap and Look to Next Week Last week we said be careful this week and I think that played out like we expected. We got a move but had down closes in SPY 4 out of 5 days. We eventually to a support level and SPY bounced off of […]
April 12th, 2019
Weekly Recap and Look to Next Week. Well, we were somewhat correct in our analysis of this week from last week when we said if you forced us to make a decision last Friday we would buy. Despite basically a week on consolidation we got a gap up today which would have made that a […]
April 5th 2019
April 5th, 2019 Weekly Recap and Look to Next Week We said last week that we thought the trend line would hold and SPY would be tradable to the upside. We were right about the support holding but the gap up on Monday kind of put us in no man’s land from a trading standpoint. […]
March 29th 2019
March 29th 2019 Weekly Recap and Look to Next week In our March 22nd outlook for this week we said we would be looking for long opportunities this week as long as 2800 held. It didn’t and we ended up taking a short trade and made a little money. Overall, this week there has been […]
March 22nd 2019
3/22/19 Weekly Recap and Look to Next Week We pretty well called this week in our summary lasts week. Had strength starting the week and then got the pull back we were looking for. We were a little surprised by the strength of the move up on Thursday but it did help our SPY trade […]
March 15th 2019
3/15/19 Weekly Recap and Look to Next Week Last week we said we thought the market would either drop into a range or move up. Truthfully, I thought I would move up gradually off support back toward the high. I was somewhat surprised by the strength of the move on Monday and the fact that […]
March 8th, 2019
3/8/2019 Weekly Recap We missed our prediction for the market this week. We did get the move about $281.30 we thought we would get but we got an immediate and strong pull back which continued throughout the week. Just goes to show that technical analysis can’t over power market events. Weakness has been pretty strong […]
February 22nd 2019 Weekly Review and Look Forward
2/22/2019 Weekly Recap and Look Forward We only got a small pullback on Thursday. We expected more but it appears this is a consolidation for a move. Butterflys We only closed one of our Butterflys last week for a small profit of just over 6%. We are still in the rest and the majority are […]
2/15/19 Weekly Recap and Look Forward
2/15/2019 Weekly Recap and Look Forward Butterflys I don’t think we closed any of our short butterfly’s this week. QCOM is a little worrying because of time decay. If QCOM makes a move toward the downside we might be in a little trouble. The others are about break even. Probably should have taken profits on […]