Wednesday trading plan.

1. indexes

after the close today and the immediate bounce back i have a slight inclination that we will see a strong rally tomorrow. The market is primed to get back some of its losses as the DXY is overstretched and should pull back. It was in the process of that late last night until the dropped headline of nuclear…

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Tuesday trading plan
1. COST
a. Entered two otm calls for next month at strike of 635. Expiration 5/20. I forgot the actual earnings wasn’t until a week later but im happy with these calls none the less. I believe that COST found a bottom today and will begin moving back to 600 very soon. The market showed some strength today all things… Read more

Friday Trading Plan
1. Indexes
a. I stayed clear of the indexes at end of day. Its hard to gauge whether there will be much continuation of what we saw today.
b. I expect honestly a little more room downward for spy and qqq to start the morning combined with prolly a short covering rally mid day with a pull back from the old supports as they… Read more

Thursday trading plan
1. TGT
a. Looks to be at the top of the target area. 250 looks to be where I expected it to be this week. The 4 hour candle at the end of the day signals a possible a reversal from this area. Expect a drop to possible 241-245 area. So a possible short put play is in order especially if there is a weak open on it…

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