Pete Stolcers | OneOption @1OptionsTrading
Trading is my passion and after 30 years I still can't wait for the opening bell to ring. Join OneOption 14 day free trial 👇 linktr.ee/oneoptiontradi… Chicago Joined June 2011-
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Take this moment to look for stocks that haven't participated in this round of selling, which one's are holding?
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In the chat room I mentioned to all the members that you can live if you miss the gap and go rally. But the losses can be huge if you don't look out for the downside risk in a gap up to a new ATH. $SPY
In the chat room I mentioned to all the members that you can live if you miss the gap and go rally. But the losses can be huge if you don't look out for the downside risk in a gap up to a new ATH. $SPY
This is what a $SPY gap reversal off of an ATH looks like for anyone wondering.
What was your worst trade of the week? Tell me everything in the comments.
I am watching banks. When people don't have work they don't spend and they can't pay debt.
Bad news is good news in this market
$SPY is right on the high from Friday and that was the only resistance level apart from the all-time high.
I liked what I saw out of $RBLX yesterday. It was on my radar for today and as good as it looked yesterday, it looks like crap today.
• Trade Balance: -78.3B vs -75.7B exp (wider deficit) • Jobless Claims: 237k vs 230k exp (slightly weaker jobs data) • Nonfarm Productivity: 3.3% vs 2.7% exp (stronger) • Unit Labor Costs: 1.0% vs 1.2% exp (softer) Mixed signals: strong productivity, weaker labor costs, but…
Pete Stolcers | OneOption retweeted
🧵 $SPY is still stuck in a range near the all-time high. Tuesday it sold off, yesterday it bounced back. Traders are squaring up ahead of tomorrow’s jobs report. (a thread)
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