Friday Free Watch List

Friday Free Watch List
Below is an example of a watch list sent out each and every morning to our members.  This is included with the chat room access and text and e-mail alerts.   Our membership costs $50 per month or $400 per year and you can give us a 7 day trial run for free by signing up here
 
 Good morning team,
 
The crazy trade circus continues. Yesterday around 6PM EST Trump mentioned he actually WOULD consider a interim trade deal with China after yesterday morning they said the same thing, but later that afternoon said they "absolutely would not consider" an interim deal. Back and forth, back and forth... It's too hard to follow but oh so entertaining.
Let's just continue to do what is working. Mostly bullish with some bearish trades just in case. I don't recommend anyone be 100% bullish at this point near all time highs and monthly expiration next week, but don't fight the market either.
 
Right now my portfolio consists 60% bullish, 30% bearish and around 10% neutral. We should have both the 9/13 BA put credit spread and the ATVI Iron Condor expire worthless both for 100% winners today. Let's see what else we can come up with.
 
 

Economic Calendar:

· 8:30 AM EST Import Prices MoM for August

· 8:30 AM EST Export Prices MoM for August

· 8:30 AM EST Retail Sales MoM for Aug

· 8:30 AM EST Retail Sales Ex: Autos MoM for Aug

· 10:00 AM EST University of Michigan Confidence, Sept-P

· 10:00 AM EST Business Inventories for July

· 1:00 PM EST Baker Hughes Weekly Rig Count

 

Earnings Calendar:

· Earnings Before the Open: None

 

Other Key Events:

· Morgan Stanley 7th Annual Laguna Conference, 9/11-9/13, in California

 

Symbol

AAPL

Exp Date

10/18/19

Strike

$ 225 CALL

Signal

Above $ 223.50 looking to retest near $233 before it drops again

 

Symbol

PFE

Exp Date

10/18/2019

Strike

$ 37 Put

Signal

Below $37.25 looking to retest $34

 

Symbol

TWTR

Exp Date

10/18/2019

Strike

$ 43 Put

Signal

Below $43 will break the recent support with target near $39