 Good morning, everyone. Happy Thursday April 4th 2024 we've got some green coming in today not too surprised about that considering Last three or four trading days S&P up 36 that's like up 167 and Doubt is up 242 so hopefully Things will just kind of level out The end of yesterday. I was super frustrated probably the most frustrated. I've been in a while I'll started with that midday Just drop in this slippage that I had and then I had a loser and Power hour and by then I was like what I was done with those Sharp drops and I think what makes it even worse is It just immediately bounces right back up so I was and I was green from what for my TLC trades, but in my main account, but my other account was violently read because of the six case slippage that should have been About a probably a $20,000 loss. It was a $6,000 loss. I had the trailing stop at nine bucks and it got filled at 1195 I couldn't believe it. So I had bad as in a bad mood from there that point on yesterday, there's the bell we had several opportunities For a mighty 90s and volume runners couple volume runners couple of mighty 90s so hopefully We get some more today Lot of green on the board And then another thing about yesterday is I had that NDX trade on which I had completely written off because price had pushed so far up and it was out It was out of bounds then because of the big drop during power hour It came back in and it was sitting it where it was gonna be max profit and then the last I Don't know 15 minutes. It's like it's bounced right back up So just had some tough luck yesterday. You might end the X trade on here Nasdaq up 182 Meta pushing up last stocks pushing up. That's coming down a little bit though Bix down two and a third Build on my NDX trade at $4 and 58 cents MDX pushing up a little bit getting our second bar Look like yes futures hit all-time highs Look for some big volume here for a volume runner Not seeing much volume coming in right now Volume seems to be pretty light seems to be pretty light Don't know what squares Square may get there So if he but it looks pretty promising at the moment Don't think it's gonna get there though and price doesn't look good. So no No volume runners We will wait it's starting a third bar here was pleasantly surprised yesterday with our number of opportunities Look if we're up Bar bigger than the previous same direction Yeah, as knows in that to Chris like volume has been really though a good thing for later in the day Yep, sometimes you gotta be patient on these because he just yeah, I mean, it's it's truly mechanical You're just not gonna force anything. Oh Mr. Boeing it's getting up there. I'd say it's gonna get there Got one minute left. Anyway, we'll see Not really seeing any others in this third bar. Yeah, not not interested in Boeing based on that price action So you can see kind of here like look at Nvidia just we're just stair stepping down in volume so if you're new like that's Just doesn't give us any of these strategies to trade when we just stair step down like that Dark Avenger. Are you sure to what strategy is anybody that's new that is listing It's gonna want to know why short and so which strategy would we be using here? Definitely not a mighty 90 or a volume runner No, it's nothing. That's not Tesla can convert in a volume runner. What do you mean by I'm not sure I understand the LPR Tesla can convert in a volume runner And understand the question stocks coming down now. Oh I Not much volume right now. I don't have a Ryan. I'm just using think or swim But Microsoft second volume bars Nothing. Yeah, you can see our Nvidia again just stair stepping down that doesn't leave us with many options Until maybe we get into, you know Continuation runners here that easy, you know get into those after the first 30 minutes or so 20 30 minutes There's a lot of stocks going down hard Dark Avenger video Netflix Sweet Dark Avenger where you want me just to just to try and you short today. Just about it was long yesterday. Is that That way you're asking You'd be there long enough for a Avenger, you know, we don't just try something. I Don't want new people to like think we're just out of your willy-nil and things like we trade strategies And you gotta be criteria for it so don't give people the Perception that we're just hey, I was long yesterday. So let's go short today. Like we don't do that if you knew AMD Krish it depends what time I get off of here really. It's just hard to do both So, you know, I'll be off earlier if we don't have many setups. Yeah, AMD didn't quite get there Yeah, the thing about MU is not quite enough volume separation on those It is a little bit bigger, but not quite enough separation for me. They want metas holding up So not quite sure what to make in this market right now It is these are pretty much in chop mode Things coming down a little bit now. Mm-hmm NAS back dropping. You can see again Nvidia just Stiffen down. Yes, he You want to get in right up here at the top That's those options are Getting small not used to seeing that I would trade the 165 No, take the back the 172.5 puts See if I can get a push-up Good potential mighty mighty 90 long goog So Tesla forget it and go to goog And the 150 2.5 calls See if I can get filled at two bucks Two or five Two bucks go back to two bucks if it's gonna come down anymore. Yeah, give me one more good flush here Let's go to 195. Yeah, maybe not. We'll get greedy here. I'm gonna jump in Go to two bucks It's my original as the 152.5 calls You definitely get a better fill with me Yeah, not a good fill for me There I almost got long meta because it was holding up. I was tempted You got order in put an order in here at 220 To close half my goog In case it pops up, but it looks like it wants to keep pushing down Which means I may add to it Which I've been known to do I always Target, you know that goes 10% lower which would be A buck 80 here is where I would normally get in if I was to add just kind of depends on how far it's moving Now 98 NASDAQ up 149 S&P up 33 NASDAQ is the strongest. I'll be looking for Two consecutive green bars and goog Chris you certainly should have gotten out of half right You got filled with a buck 90 to 10 would be 10% yep Good for you guys. Yeah, I'm kind of hoping to get filled here build a 220 Get out of half get out of another 240. What else we got going on? Tesla kind of really I really wanted that mighty 90 short But did not happen. Looks like meta maybe touched all-time highs. Is that right? Goog just gave us one green bar. See if it can give us one more Tesla One red bar Starting on the second. What's a good push-up and goog? Yeah, Tesla mighty 90 would have been sweet Yeah, that's why I wanted to get short on it Tesla mighty 90s usually work pretty darn good. I had a lot of nice winning a lot of nice winning Tesla mighty 90s over the years goog Looking red at the moment. So if I mean if you're new and you want To take a look at a good mighty 90 I'm pretty good when I'd say above average and look at Tesla And you can see how there's a definite separation in volume And then it made one more push-up and at the top of that second push up is where You know, you want to try to it's your target to get filled or you know your target if it didn't Push up would be the top of that bigger volume bar. That's bigger than the previous one Not many other options here Goog's trying to give us a second green bar Range is pretty tight and goog Definitely experiencing a little bit of chop here out of the gates Vicks down below 14. It doesn't look like it wants to give us a second green bar yet I don't like being in trades for very long with one DTE. Sometimes they that can start decaying on you Let's switch out Amazon three screens worth of charts It's kind of holding our holding on right now, you know, Piero taking profits not Many other choices here today Probably would be a good time to put on a TLC trade See some of already done that. It's good. Goog is just falling asleep. You're coming down now DG. Yeah, so in the trade plans is my presentation and There is a prerequisite I have to watching that I would watch the zero DTE the first zero DTE course and Make sure you understand how to put on an OCO order, which is in that course So, yeah start with a zero DTE Iron condor and then move to to mine. That's in the trade plans Price man pricing moving at all a lot of opportunities yesterday not many today See what premiums like man? Premium is no bueno the TLC trades premium is no bueno Man, I don't even know if I want to risk it as a tight iron condor juke is Kind of just sitting there. Mark. He is looking at 52 60 52 35 Yeah, I mean how much premium would that give you that gives you over five bucks. I wouldn't be bad Trying to push back up for us. Maybe do the 52 60s 52 40s low room to the upside Goog trying to give us a decent green bar here Now it's coming back that beginning. It's not like price action either All right now. Let's get going goog Yeah, yeah, I did We type it in here build it to 40 To close a quarter of my goog and that is why you follow the rules for the rules people That's one bar Consecutive I Get out of another 260. Come on. Hit me. Yeah, so close It's getting out of another build at 260. So hopefully this is our second green bar and goog Don't read on us darn it give back up there They was in a while since I've seen us SPX just come out this flat Terms of movement not many options today for these trades Kind of that way when price is stagnant. So I'm gonna be getting out of my goog here and then Gonna jump off and focus on my other trades Looks like goog might give us a second bar Push up goog push up turn into a nice winner About a minute 15 seconds. So would like to see it push and AMD staying weak. I'm gonna close my goog Well, I guess got a minute left. Let's wait Wait towards the end of this minute and see what happens That is trying to push back up DK and G getting a big volume bar for anybody wants a smaller stock to trade things coming down a bit Has that through loads of day really? Huh Let's see if it wants to bounce S&P coming down about close to where it opened man think Is that a green bar shows it as a red bar? All right closing my goog. Just gonna take the profits Don't it's 245. All right, folks. I will see everybody at power hour today. Have a good one peace