Saturday Morning Charts
Saturday Morning Charts
in place of the regular Weekend Market Update
Good morning all!
Yesterday was a different trade. I traded markets and computer screens for mountains and wilderness. In a world where every trade has an uncertain outcome, this trade may be as close to a “sure thing” as I’ll ever get.
I’ve written about The Importance of Downtime in Trading before.
Scott Redler reminds us almost daily:
“You need a process and routine you love — as it must be done every day. If you do it every day, you can be prepared to execute with confidence.”
Part of that “process and routine that we love,” is taking time to refresh and feed the brain.
Yesterday’s trade definitely goes in the “Win” column.
As a result, there is no regular Weekend Market Update this week.
Instead. Please join me as I post my weekly thread of Saturday Morning Charts on Twitter.
It looks like yesterday was an amazing day in the markets. I’m excited to dig into the charts and see what happened, and what we may need to look out for in the coming week and month.
See you there!
Click here for the Twitter thread
***This is NOT financial advice. NOT a recommendation to buy, sell, or trade any security. The content presented here is intended for educational purposes only.
Andrew Moss is an associated member of T3 Trading Group, LLC (“T3TG”) a SEC registered broker/dealer and member of FINRA/SIPC. All trades placed by Mr. Moss are done through T3TG.
Statements in this article represent the opinions of that person only and do not necessarily reflect the opinions of T3TG or any other person associated with T3TG.
It is possible that Mr. Moss may hold an investment position (or may be contemplating holding an investment position) that is inconsistent with the information provided or the opinion being expressed. This may reflect the financial or other circumstances of the individual or it may reflect some other consideration. Readers of this article should take this into account when evaluating the information provided or the opinions being expressed.
All investments are subject to risk of loss, which you should consider in making any investment decisions. Readers of this article should consult with their financial advisors, attorneys, accountants or other qualified investors prior to making any investment decision.
POSITION DISCLOSURE
Long: ADBE, DRI, MCK, QQQ, SOXL
AMD 1118C65
Short: AMD 1118C80
Options symbols are denoted as follows:
Ticker, Date, Call/Put, Strike Price
Example: VXX1218C30 = VXX 12/18 Call with a $30 strike