by Greg Capra | Mar 20, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hello Master Traders, Markets have retraced to where they may attempt a move up. Many stocks have also pulled back to where buyers have begun to inch in. The rest of the week has a lot of news to digest. FOMC Wednesday, Jobless Claims Thursday and Friday the possible...
by Dan Gibby | Mar 19, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of The Kroger Co. (KR). Trade: Under $23.11, consider shorting stock. Technical Setup: Bearish consolidation following bear pro gap daily, bearish weekly. Target: Low $20s. Stop Loss: $24.40. Below is a daily chart of Landstar...
by Greg Capra | Mar 18, 2018 | Master Trader Advisory Letter Past
Last week the broader markets and majority of sectors declined, but that decline was of little significance. The week before last, the markets moved higher, but that was relatively insignificant compared to the drop from the beginning of the year’s high. Overall, the...
by Greg Capra | Mar 15, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
Hi Everyone, Below is an update on today’s market and short-term views for it and possible trade that will update depending on how things setup intra-day. View the video in full screen for best viewing [s3mv...
by Dan Gibby | Mar 15, 2018 | Master Trader Advisory Letter Past, Past Weekly Options Letters
We will be monitoring for bullish stock and option trades and will advise. MasterTrader and You Building Your Financial Future Together Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby...
by Dan Gibby | Mar 13, 2018 | Master Trader Advisory Letter Past
Below is a daily chart of Best Buy Co., Inc. (BBY). Trade: Provided it opens below $72.00, under 5-Min. low consider shorting Apr (4/20) $77.5/82.5 bear call credit spread (38 DTE) for a $.50/share (closed at $.52/share). Technical Setup: Breakdown following...
