 Good morning everyone happy Monday Monday October 16th Halfway through October Everyone had a good weekend. We got stocks shown some green today Dow strongest About two-thirds of a percent S&P up half a percent and then that's that got the third So I might get some green here to start the week See the VIX is down four and a half percent So it's still up up still up quite a bit though. It's $18 and 44 cents, so it had gotten down to 15 It was last week Getting a last week and now it's come back up get meta up one in a quarter Right blockchain up nine over nine and a half percent Lulu lemon Lulu have earnings Yeah, we must have had earnings up six and a half percent So earnings start to kick off here this week Let's keep an eye out for those Netflix October 18th. So Wednesday Tesla also Wednesday after market opens So a couple big ones there There is the bell S&P up 19 as deck up 55 and Dow up lower to 20 Maybe we'll get some you will maybe we'll get some upside volume runners today Although sometimes when markets are up really big out of gates a lot of times You don't get those I'm still paper trading the zero DTE iron condor No, I guess the stock's pushing up here. Let's see if all these green bars hold Vicks coming down it's down a little over 6% now. I said pf 28 That's like a 107 getting a new bar here in about 30 seconds and Then we'll be ready to roll a few red bars here target Mu paypal meta Also, although it's real close to be a green bar look for some growing volume here. So looking for a Volume bar bigger than the first in the same direction. I'm not seeing anything right now Roku Though has a big volume big volume bar, but it's In the opposite direction that could change But here's something to consider so First the first volume bar was green, but you can see it's like just barely Like another tick down it would have been red. So I don't usually see how green now is There's second bars turn green there and just turn back red. So I usually pretty careful on those because First bar was real close to being red. So See I like it more like you see Nvidia here had a nice nice push up green bar Then it's pushing up some more. I Don't know that that bar is gonna get there, but it's definitely no doubt that that was a green bar on the first one And D gonna be close Yeah, sometimes it yeah M&S sometimes it does that Where price looks price is one color Volume is different. That's why I stay away from them When they're like that So I don't think we're gonna have any that get there Me and video is not gonna get there. It's close AMD is gonna be close, but it's not gonna get there. So No volume runners to start Lululemon now up a little under 8% So we'll look for some mighty 90s here and still possible volume runners Sometimes Mondays, you know a little bit lighter trading. You don't always get volume runners on Mondays Yes, you see Roku. So I didn't didn't trust those Owing coming down through lows of day Vicks coming up. It's only down five and a half now Do you have a little two-way action? Amazon pushing highs, but a lot of stocks pushing lows. I mean just does that sometime You'll see that from time to time. What's been flipping back and forth That's why I don't ever play him, but it's not doesn't have it often, but it's not like it's out You know, it does happen. It's just like they're so close And they flip back and forth red green red green and that's why I just ignore those So Boeing may have a mighty 90 Long coming up same thing with roadblocks It's time we got left only 30 seconds. So the day We trade the 4 DTE 4 days to expiration. I'll look at it's getting long Boeing It's mighty 90 and that's bounced up a little bit. I'll see if it pushes down roadblocks as well I look at roadblocks No, no, so Boeing's pushing down. Go back to that Boeing our trade the 185 calls. So you get filled to 40 build a 240 Boeing It's the 185 calls Mighty 90 long with the gates I would add to Boeing if it gets down to like to 15 ish Add here Build it to 15 to add to Boeing So nice nice little mighty 90 there plus one extra push down. Hopefully it bounces off Friday's low I would close half my position at 240 Was my original entry Amazon pushing through highs Last they're stepping down in volume Baba by you square Just not not really giving us anything volume-wise Microsoft Netflix Amazon Nvidia a lot of our A lot of our big stocks that we like to trade it Just getting a lot of stairs stepping down Volume that's something you want to see to get because there's just No opportunities for entry really we'll look for two green bars consecutive out of Boeing Same can be said for Roblox if you jumped in Roblox mighty 90 It's the Roku's all over the place big green bar big red bar big green bar Vicks coming up. It's now. It's only down four and a half percent. It was down over six Baba had a push down. That's Last ten minutes has gone all right back right back up to where it opened Netflix pushed up and then came down through lows Baba just pushed through highs a day. So I'm a tough I'm a tough morning here when you got these Push down then it comes up to highs or vice versa. Make things the easy Boeing kind of struggling. It's not a good sign from my mighty 90 needs to get going with some of these others Bill at 240 Close half of my Boeing. So a good ad there really like a mighty 90 when it's got You know a clear separation of volume on the These two bars right here And if it pushes down again, and then comes down to a key level like Friday's low It's just an ideal mighty 90 right there. We'll see if it continues up or not Amazon pushing through highs of day Baba through highs of day. Come on. Give me some signals here I need some opportunities Just nothing when you see volume like this Every every just print other than Roku pretty much every every ticker on my front page here is just Volume stair stepping downward. Maybe we'll get one green bar out of Boeing Look at DK and G push down push up. Hey pal pushing up May get a mighty 90 short. Hey pal pushes up a little bit more. I may get short there Definitely some separation there between the current bar and previous bar. I would trade the 57 puts In PayPal see if I can get filled at a dollar 10 Yeah, doesn't look like it Answer my PayPal Amazon pushing through highs and through that pivot. I'm going give us one more green bar Roblox coming down through lows of day Fixed down 5% now Roku's volume is all over the place So only one trade so far kind of trying to start looking for continuation runners Be back down. I don't want the mighty 90 short After there some of these had two and three bar push-ups, but I didn't pay pal Meta coming down through lows of day Look at Tesla had this really nice push-up out of the gates and then it's just been a slow grind lower since So a little bit of weird price action happening today, honestly volume not giving us any any good signals and then price action a little odd makes for a light trading day At least stocks look like they want to go higher some look like they want to go lower But y'all seeing anything else that I'm not like Boeing is falling asleep right there again Amazon getting a little mighty 90 short See if it pushes up again here going pushing through lows So Did not give us two consecutive green bars It's looking at Amazon, but it's already pulling back a little bit maybe closing my Boeing because This bar may get as big as the first which would make it a downside volume runner. I'm gonna see what it does here I mean, it's got three minutes left and it's already three-fourths of the way there I mean, and it could it could flip green and be a upside volume runner by the end of this three minutes So I'm just gonna kind of see what it does. I was thinking about adding back into it But I'm waiting just because if it ends up coming down and being a big red bar I should probably just close it. Yeah, that PayPal mighty 90 would have been nice to see that Could have gotten in up a little higher We're coming down to loads of day Yeah, that Amazon mighty 90 would have been good to get into Yeah, bumblebee. I was I was looking at getting into it and then It started to come down just as I was looking at this price of the strikes So it wasn't quick enough. All right. So Boeing That bar and take a look and toss Now it's not it's not as big as the first. It's not gonna get as big as the first So Honestly, I may add add to it. It kind of looks like it is an Orion but in toss it Doesn't look like it's gonna get there. It looks like another mighty 90 long toss and it's pretty close though You can see in toss it's See, it's not it's not as big as the first and toss So I'm gonna add back into Boeing Build it two bucks to add to Boeing. So still gonna play it as a mighty 90 dial up 200 NASDAQ up 108 S&P up 25 Wondering it's something I'm not sure what's going on with Boeing earnings on 8 10 25 So not seeing any news about it, but you take a look at like meta's volume Apples volume Microsoft Netflix and video it just doesn't give us anything man. It's frustrating You get a couple green bars push up in Boeing could be a nice winner I mean, I added then got out of half and then it came back down. So I've added again I think it would give me some green bars here at some point. I mean the markets Pretty darn strong Vix is down six percent now again DK and G approaching highs of day, man, right blockchain was up nine percent. No, it's almost flat PayPal would have been a good mighty 90 Amazon getting close to giving two red bars after that mighty 90 short Bobba looks poised to go higher here on this push up a little consolidation Roblox not getting a big green bar and my my zero DTE Trade never got filled it's been sitting there now for 20 minutes no fill So just cancel that Yeah, I think it filled on Friday either that's two days of two trading days in a row I have my zero DTE paper trade that it has not gotten filled It's kind of frustrating you can G through highs of day Yeah, a lot of these stocks have gotten, you know, two green bars in a row Boeing is yet to do that. I do have an order to close half my Boeing again this for the second time to get out of half at 220 just nothing I really like in terms of price action either Build a 220. Whoa Boeing just pushed up. So we needed right, you know, I look at like this time at this 10 after 9 central time should be a time to get in some continuation runners and Just the price action isn't We're giving us any it's been a while since I've only taken one trade although Boeing has Got an in got not a half got an in got a half your B&B through highs DK and G through highs AMD through highs Vicks down 7% now see why you get out of oh, man people out of mighty 90 long too You can see why you get out of after two consecutive bars PayPal would have been a winner both ways Apple up the highs of day meta up the highs of day Microsoft through highs of day Yeah, Microsoft little mighty 90 short Right there Check toss Yeah, I mean It's not a good not as good a one as what Boeing was So I think I'm just gonna hold on it Let me screenshot this real quick, and I'll bring it over to show you why okay So see how see how Boeing when I originally got in see that that definite separation here and then You know Microsoft it's it's It's a little bit. It's not not as not as big of separation there now It is pushing up and I do like them better if they push to make one more push up, which it It is doing right now But I like to see a little more clear separation So hopefully that makes sense But it is pushing up and it could be getting another Bar bigger than the first too much times left It's already a change So I'm gonna hold off on it. I mean things are so strong right now Things look to be getting stronger Now meta in me it's got a little one here too, but it's already come down Okay, can Boeing give us two green bars, please But if you wanted to go in Microsoft and maybe go in a little bit smaller go for it Like it wouldn't be wrong to do Vicks down 8% so as this market you're gonna just continue to rip or we're just gonna get Up and down happenin all day in Boeing give us one more nice push, please You know meta's got this little mighty 90 and it's pushed up as well. Oh, I'm sorry. That's DK and GM looking at not meta I'm sorry. Yeah Yeah, right there DK and G if you want a smaller stock not a bad-looking setup. Yeah, see Microsoft still pushing Now coming up to this pivot might be the place to get short right here Probably be closing my Boeing here look at getting short Microsoft here. We do the 335 puts See if I can get filled at 380 Boeing Gonna go ahead and leave a couple contracts on and Boeing in case it rips higher Built at 380 in Microsoft. That's the 335 puts little mighty 90 short see Two red bars out of it Built at 240 to close close a quarter So I closed a quarter of my Boeing at 240 So I'm gonna go ahead and just close the rest of my Boeing. I'm just gonna go ahead and close it here As it's giving me two consecutive green bars built at 235 close Boeing so Played that pretty darn well actually Played that pretty good And I have an order at 420 to close half of Microsoft and DK and G actually got a big volume bar to the upside so it's turned into an upside volume runner So if you did a mighty 90 I might get out of it If you did a mighty 90 short because you got that big bar Boeing will probably rip ties of day now Vicks down eight and a quarter percent Yeah, that's that's the one thing if you have if you're not in a mighty 90 And it gives you a big bar in the opposite direction that what you're What you're in in this case if you're a mighty 90 short and it gives you a upside volume Runner it's usually a Easily time to get out and vice versa if you're in a mighty 90 long And it gives you a big bar to the downside Might be a good time to just exit it because it really cancels out your rules, right? You know, you if you're in a mighty 90 short here in dk and g your rules are to wait for two red bars But then you get this big bar. So it's like oh Well, may give a little pullback could be like one bar pullback and then rip again Meta trucking through highs of day So some of these stocks are still ripping up We're concerned here about microsoft It gets through that pivot Although it's not it's not ripping yet But apple just pushed through highs Meta and vidya Square coming up to highs of day Square actually has a Mighty 90 with it's pushed up two two times Since that mighty 90 But I got a pretty good fill in microsoft Look at a mighty 90 in square here One last trade of it for the day 44.5 puts Those are the buck seven probably could have maybe That filled better but It was pushing up see bowing Bowing gave us those two green bars and has rolled back over Now microsoft i'm i'm waiting for two red bars still. I mean it hasn't given us Any reason to think it's gonna continue higher other than the price action, but you know, there's no No big green bar or no There's still I mean it's still hanging out about where I got filled So we'll get a new bar here in 15 seconds and then we'll See what happens and I always position size so I can add to it It's like I did in bowing. I mean it's it's on it's been it's pretty good push up here at That would be surprised to not see some type of pullback or pause At some point here microsoft is one of the stronger stocks on the board though I would close half my Square at a dollar 17 I would add to bowing at about three 30 right in there, so I'm not really sure what's what's causing this I'm gonna be so strong today You can't you really taking off Filled at 340 to add to square. I'm sorry microsoft That was weird And it just did a couple ticks And so if you look at I got filled at 380 so a 10 drop Would be at 340 so um Then I would get out a half my microsoft my original fill of 380 So I hope you see how that works Check out my square I need to add to square. We'll see here Not quite yet. It's pretty close to where I answered Netflix pushed through Fridays high Vicks down nine and a half percent Wow Something's feeling this strength man. Not sure what it is The video went through highs of day Just need a couple bar pullback here This is why it's important to position size in case you do add No, it's an upside continuation runners when You've got like a pause and you got like it's like flat. I haven't really seen any today Maybe pay power or maybe pay power mu See how it's like pushed up and then it hasn't really go anywhere And then it continues microsoft has been pretty just straight up so I mean things can't go up forever This is why I don't look at my profit loss Like I don't look like if I'm up or down. I just play the rules I mean, I'm sure I'm down quite a bit here in microsoft But look it's had one two five see five 10 15 20 20 by 30 35 45 straight minutes of up I mean at some point it's going to come down So if you're positioned sized correctly, you should be fine You could you could you could see dk and g though why you would get out if it gives you an upside volume runner And you were in a mighty 90 Lulu lemon up over nine percent now So lulu would have been potentially an upside continuation runner like it's pushed up And then it has this pause and you knew it had good earnings So you might have taken a chance right here Because then if it would have if it would have pushed below this consolidation You just bail on it small losing trade and microsoft really pushing up so When it's in a rip your face off it's just you kind of got 95 percent of the time i'm going to wait for my two red bars So there's five percent of the time where i'm like well, I better just close it and not let this get any worse Uh square I'm gonna add to my square build at 99 cents To add the square So I added a square because it's kind of up to this pivot So i'll stay on here just a little bit longer than normal since i'm in Too short so we're getting a rip up right now remember it takes the like it's taking the It's taking the stairs up right now microsoft hopefully it takes the elevator down right here Vicks down almost 10 percent You know i have a close half by microsoft at 380 Which was my original entry So this here the volume bar is showing red. So it's like do we do we count this as a consecutive red bar? Like let's just say this next one's red too I mean i pretty much treat this one right here. I could this is neutral. It's just nothing um and so Do I get out If this next one's red I kind of I kind of My gut always says get too consecutive red bars. So this this one's kind of a neutral one But it all kind of depends on what the market's doing too. If the if the market's coming down Then I would wait for too consecutive if it looks like the market's gonna rip Then I would probably bail after the red bar So Not a hundred percent sure on it yet Yeah, that's that's that's why that's why I addressed it. It has this red volume bar, but It pretty much is neutral so That What I would I just explained is how I play that So if it looks like a bunch of stocks are gonna are ripping up and this gives me a red bar Then I might say yeah, it's time to bail because it's just gonna rip higher Or if last stuff's starting to really come down, then I would just Wait for another red bar See, we got two red bars from some stocks here. Baidu, baba Roblox coming back down nearing loads of day I met it's getting two red bars Dow up 350 now Nasdaq up almost 200 Wow, I'm glad I didn't get filled on my zero dte because that would have been a Would have been stopped out with this big push-up today anybody hear anything why it's So much strength right now see amd is getting two red bars here Tesla's had a pretty tight range this entire day Microsoft really hasn't gone very hasn't really done much those last 10 minutes See meta coming down. So that's what we need out of microsoft is what meta is doing We need it to come down and fall through this pivot square coming right up to the pivot So definitely probably not going to get any other trades So we got about 15 seconds left. So it looks like Microsoft's going to give us a red bar. So I am going to just kind of play it by minute by minute here to decide whether It may it may continue higher and start to rip up You know, this could be its pause you mentioned. Is it turning into a continuation runner? It could be here It's where I've got an order in and a dollar 10 to get out of half might adjust that See some of these look like maybe they want Yeah, Roblox coming down through loads of day though See Roku coming down This is why we don't they don't go much past 9 30 centrals because you get price action that sometimes Slows down to a crawl Little to the dollar seven to close half of square Which was my original entry. So I adjusted it. I'm not sure what to think about microsoft here It's not moving very much, but I had to if I had to predict I would say it's going to rip through highs But then I'm seeing other things You know meta starting to come down and video is getting a second bar netflix amazon See amd But I don't know microsoft just might be stronger than everything today. I mean it's up two and a third percent The vix starting to come back up though See if you look at toss microsoft has only given one Red volume bar. That's why I play that as neutral Can we get a push down microsoft? If you could scratch a trade like microsoft you've done pretty well I'm thinking it's it's pausing and it's going to rip again. So I see square bounced back up all right Again, you can see why we don't I don't trade much past 9 30 central. It's 9 44 and you're starting to like Things aren't always necessarily following rules anymore in price movement. It's slow So I think I'm going to close my microsoft out. It's kind of setting up To pause and then rip higher filled at 350 to close microsoft And I don't know if you could technically say that it gave you two red bars or not. It didn't really go anywhere It'll probably fall apart right now But it has really set itself up like it wants to continue up where you have this big push up You've got to pause And it may come down to this pivot and bounce off the pivot and continue to rip higher so I'm not going to stay in it with this minimal price movement. Anyway Square coming back up turn it so I'm going to watch this square and Wait for two consecutive red bars unless if it riffs through this pivot. I might just close it But it is a mighty 90. So I'm waiting for two consecutive red bars I've gotten out of half my position So that's why I'm holding in case something falls apart here But if it riffs through the pivot, I'll probably just close it so Let's see. I will be back tomorrow. I believe is that correct? Yes, I'll see everybody back here tomorrow. Talk to you later. Peace