SPY Trade Update 10-19-17

Seems that this market will never pullback again.  We know it will, but today’s SPY comeback defies the norm, to say the least. The Nasdaq was where the bulk of the damage was done and we will see if that follows through. Apple (AAPL) was down almost 2.5% but...

Long and Short Income Trades 10-18-17

Below is a weekly chart of Tech Data Corp. (TECD). Trade:   Under $92.35, consider shorting Nov (10/17) $95/100 bear call spread (29 DTE) for a limit of $1.15/share (closed at $1.20/share but spready so should get price improvement). Technical Setup:   Bearish sell...