by Greg Capra | Apr 10, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hello Master Traders, The broader markets reversed the prior day’s selloff on renewed fears of tariff wars again. This cannot go on much longer – I think. There is no doubt that buyers are stepping up on every dip, but unwilling to step up in force at the...
by Dan Gibby | Apr 10, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of NETGEAR, Inc. (NTGR). Trade: Over $60.75, consider buying stock. Technical Setup: Breakout from multi-week consolidation with price void above daily/weekly. Stop Loss: $58.69. Earnings 4/25 so exit before that. CMTL...
by Dan Gibby | Apr 10, 2018 | Master Trader Advisory Letter Past
4/10: XLE – Consider buying half lot XLE (oil ETF) around current prices of $69.70/share, and other half lot if closes strong. Bullish multi-month consolidation/support daily/weekly and Breakdown Failure. Stop $66.45.
by Greg Capra | Apr 9, 2018 | Master Trader Advisory Letter Past, Master Trader Technical Strategies - MTS, Options Mastery Course, Past Weekly Options Letters
Hello Master Traders, Dan and I have decided to open the Master Trader Green Room for those that want intra-day trades on stocks and options, as well as the most timely updates. At this link, you can register for this week and a new will follow up for the following...
by Dan Gibby | Apr 9, 2018 | Master Trader Advisory Letter Past
Income Trade: 4/9: SPY – Shorted Apr (4/20) $255/245 bull put spread for $.75/share (11 DTE). Stop $256.59. Directional: 4/9: SPY – Consider buying May (5/18) $250 calls and selling Apr (4/20) $270 calls for a net debit of $15.90/share (Bull Call Diagonal)....
by Dan Gibby | Apr 9, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
4/9: QQQ – Over 30-Min. high, consider shorting Apr (4/13) $153/148 bull put credit spread 95 DTE) for mid-point (currently $.45/share, but can also do for limit of $.49/share on pull back). Bullish Gap into -WRB at Major Support and above r200-MA. Stop...
