Hey, Greg. Just thought I'd let you know that your UA calls should regain the time premium they lost on the little dump after today's high was set. UA just did a short term buy signal. I would assume that the new guy fresh out of Harvard that Goldman Sachs has running the computerized UA trading machine is now going to attempt to take out today's high. Not sure you would want to hold past that however. The long trade in GDX is likely going to setup before the long trade in SLV. I'll be spewing about that if you want to pick up a trade in "paper" gold. Here's the UA 5 day chart. Looks like the markets are going to stage another selloff...they may rally things just a tad higher first tho.
Since the "new guy" from Harvard handling the GS Under Armour trading computer is a rookie...he might just take it to 19.50 first. If he does...I'll go into their N.Y.C. trading office for you personally, and kick that guy in the ass! Good luck, bro. :-)
And I'm going to warn you like I have been warning everyone else...if this trades thru $420 and you don't sell every single coin of every single crypto you currently own...it'll be "gone!" the money. :-)
Working its way into "mildly oversold" again so you "must" assume a rally is coming. If they panic out instead...let em shit their pants. I'll be there for you at the next "realistic" buy point. But again, don't lighten up on a further rally and you WILL be sorry. You can use GBTC as your guide or check with my updates. 297.00 is the current target low. That's 25% less than now. If it transfers over to "acutal" bitcoin...I'll call that "panic" before it even happens. :-)
Looks like NiKE reports here after the bell? You ready for a "dramatic" decrease in the waste of $$$ allocated to both professional and amateur sports endorsement contracts? I haven't been following it as closely as UA, and I know UA eventually makes a new low. Let's see if NKE gets dumped on. It's a short if it rallies.
Just figgerd I'd look at the list of earning reporters to see if I can "guess" one right. :-) NKE "holding steady" at 53.50...after a brief uptick in the first few minutes of after hours trading, caused by the green horn fresh out of Yale handling the NKE trading account at Jay P. More Gone >>> "You can't screw NKE up, son. No way, no how. We'll start you off there" says Jamie Dimon :-) Wish him luck, Greg. His job depends on this earnings report....gulp! :O
It's incredible.
Hey, Greg. Just thought I'd let you know that your UA calls should regain the time premium they lost on the little dump after today's high was set. UA just did a short term buy signal. I would assume that the new guy fresh out of Harvard that Goldman Sachs has running the computerized UA trading machine is now going to attempt to take out today's high. Not sure you would want to hold past that however. The long trade in GDX is likely going to setup before the long trade in SLV. I'll be spewing about that if you want to pick up a trade in "paper" gold. Here's the UA 5 day chart. Looks like the markets are going to stage another selloff...they may rally things just a tad higher first tho.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ua&x=37&y=1&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
Since the "new guy" from Harvard handling the GS Under Armour trading computer is a rookie...he might just take it to 19.50 first. If he does...I'll go into their N.Y.C. trading office for you personally, and kick that guy in the ass! Good luck, bro. :-)
You are on the money! Thank you for this!
And I'm going to warn you like I have been warning everyone else...if this trades thru $420 and you don't sell every single coin of every single crypto you currently own...it'll be "gone!" the money. :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gbtc&x=49&y=8&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
Working its way into "mildly oversold" again so you "must" assume a rally is coming. If they panic out instead...let em shit their pants. I'll be there for you at the next "realistic" buy point. But again, don't lighten up on a further rally and you WILL be sorry. You can use GBTC as your guide or check with my updates. 297.00 is the current target low. That's 25% less than now. If it transfers over to "acutal" bitcoin...I'll call that "panic" before it even happens. :-)
I think your analysis is valid. Thanks again for this.
Looks like NiKE reports here after the bell? You ready for a "dramatic" decrease in the waste of $$$ allocated to both professional and amateur sports endorsement contracts? I haven't been following it as closely as UA, and I know UA eventually makes a new low. Let's see if NKE gets dumped on. It's a short if it rallies.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=nke&x=58&y=18&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
Just figgerd I'd look at the list of earning reporters to see if I can "guess" one right. :-) NKE "holding steady" at 53.50...after a brief uptick in the first few minutes of after hours trading, caused by the green horn fresh out of Yale handling the NKE trading account at Jay P. More Gone >>> "You can't screw NKE up, son. No way, no how. We'll start you off there" says Jamie Dimon :-) Wish him luck, Greg. His job depends on this earnings report....gulp! :O
GRRREAT errrnuns out on NKE but it's "struggling" at 55.00. I'll call it an "after hours" short to 51.70 from $55.00...spot dead on. Let's see.
@joejustjoe I have to say I am very impressed with your take on the markets, I am looking forward to hearing from @traderglen as well.
Better days ahead then i guess. Keep up the great job. Thanks Greg!!