 We're good morning everyone happy Tuesday, October 3rd 2023 Got some red coming in today again Vicks up five and three-quarters percent everything kind of Kind of spiked up here within the last couple hours so Not good times for the market right now so the Dallas Falling based on treasury yield jumps to multi-year highs That was down 143 NASDAQ down 110 S&P down 25 up to four DLR recordings accessible. Yes Believe you can find them on our website there's a link To past recordings of live streams some monkeys going on with Baba spiked up He came back down Most stocks are flat to in the red Nvidia the only one I see green Bell is wrong Tesla down about one and a half percent Airbnb down two and a half percent Boba down two percent So the weaker stocks and you down a percent PayPal down a percent Boeing in the green So my my guess is we'll see some more downside today Vicks up over six percent now So some stocks pushing up some are not We're pushing down some pushing up Boeing up one and a quarter percent Our second bar here now. So we'll have to see how things go See if we get any volume You see any stocks getting good volume feel free to post it in the discord And video up a third of a percent bowing up one and a half Be a pushing up here And we're looking for volume runners to start off here Looking for this second volume bar to be bigger than the first and in the same direction Intel Over halfway there push through yesterday's high Mm-hmm except six percent Nvidia getting close so M you getting close so Weak market but getting some potential upside volume runners. That's interesting So Intel and M you definitely gonna get there and today we trade the Is it the 4dT it should be 3dT isn't it? So M M you Almost all already there. So look for a little pullback in M. U. It's really pushing up though right now Intel already there as well Nvidia flipped red Tesla didn't quite get there so M you And Intel we'll see if they pull back at all and yes, it's the 3dT e today M you I would trade the 68 calls Intel pulling back a little bit. So let me check that out. It's really cheap Yeah, skip Intel. I just kind of want M you to pull back right down to this pivot get in there and then watch it bounce So M you I would trade the 68 calls Trying to jump in here $1.10 Those are $1.14 So I adjusted it just a little bit for some mighty 90s here as well I would close half my M you at $1.25. I'm just gonna Put that in case I'm not looking at it Amazon pushing through lows Morning mum will be Builder the $1.25 close half of it close half of M you. Thank you. M you We get many upside volume runners here in a weak market But I will take it you have another M you at $1.35. I stare stepping down in volume I don't like seeing that because it doesn't give us good Doesn't give us anything to trade Don't know the dollar 35 Close a quarter of M you so upside volume runner M you is acting as it should Third bar when you get the third volume bar really looking for a good mighty 90. It's like DK and G It's gonna get one, but you want to you want to wait for price to push all the way down and get it down low here If you want something with cheap price option prices Intel Another big bar. I didn't get in that because options were under a dollar. So Not really seeing any good mighty 90s. I mean Amazon was a little bit higher But I like to see a different one. I see more separation there And G certainly good looking at mighty 90 there if you get it right down here I close another quarter by M you at dollar 45. Let's put that in case I'm not watching it Target nice push up now. It's pausing to keep an eye on that potentially for upside continuation runner Licks up 5% so it's definitely come down Build it a dollar 45 Close another quarter of M you Amazon and toss See if it's got to see that mighty 90s of how it looks in toss and not much separation there So I'm you staying strong close another M you another quarter that dollar 60 Let's just try to get out a couple more here go to the dollar 57. So I got four M use left One more contracts Really doing nice job there with that upside. Let me get upside volume runner like M you's doing That's the way it's supposed to work And just still nothing a lot of stair stepping down in volume And you really pushing up wow Get out of another M you here Builded a dollar 70 to get out of another quarter. So When I say a quarter really it should have been a fifth So because M use I got in for a dollar 14 I did 20 contracts. Let's think real roughly two little over two thousand buying power Which is usually what I go And so I got out of half which was ten and then I started cutting it by two two two two and I got two left so I guess When I say a quarter quarter would have been a really a fifth. Yeah, that's Yeah, I guess technically speaking to be technically correct. It would be a getting out of a fifth but most of the time I'm just getting out of one contract, but because I had so many when we When you got symbols that are you know a dollar dollar five dollar ten dollar fifteen You know, I'm going into more contracts. So So I'm so I'm getting rid of more than one because I have so many contracts DK and G. Yes, I saw was a mighty 90 Fort to be a volume runner. It's got to be bigger than the first. Oh Netflix What is going? Oh anybody else watching Netflix? Where a lot of stuff firing up. I'm not really sure what has happened here and you still flying high So I'm gonna close my remaining M. U. Yeah, Disney's got an upside volume runner as well Build it 205 to close out M. U with a volume bar in Netflix is insane Roku big volume bar So several big volume bars. I'm not sure what to think of this It's a little abnormal So you want to kind of be careful doesn't necessarily mean they're just going to continue to fire up like that In fact, most of the time when I've seen something like this happen in Netflix, it doesn't continue to push up Roku's potential it's more normal So I'll look at an upside volume runner Roku. It seems a little more normal than Netflix at Disney Definitely is an opportunity for you see Roku. I would trade the 70 calls Let's see it push back down Missed it. So Disney coming back down though. Let's try some Disney here 81 calls and Disney Try to get filled with a buck 15 Filled a buck 16. It's the 81 calls in Disney. So nice pull back there Got in right at the end of the bar. I'll close half my Disney at $1 30 Trying to get out half my Disney here push back down Little to the dollar 27 to close half my Disney So I'm just I don't always necessarily trust that a big push like this Roku definitely continuing up Apple has a little mighty 90, but it's already Coming down just a little so where's Christian when we need a man What's going on when it was causing these? To spike like this Interesting interesting stuff here Keep a close eye on this see if these continue or not So far no pull back in Netflix and it's even getting gotten another just big bar See Roku pushed but now it's struggling. So that's why just be cautious when you get a big spike You're just not a hundred percent sure that it's Something that's gonna continue in that direction Hey pal staying strong I would close a quarter of my Disney. Okay, so I'll say a fifth of my Disney at $1 40, you know, Netflix bars turn red. It's kind of flipping back and forth Yeah, see things coming down a little bit now. So I'm gonna watch Disney really close Yes, this is what you get sometimes When these things happen So I'm just gonna close my Disney Those are buck 15 to close Disney. So I tried it there, but it just didn't take off. So Yes, sometimes you get these out Not normal for a spike like that. So that's why I'm extra careful Walmart really coming down Mighty 90 and Apple would have been nice Yeah, I'm kind of glad I'm not in anything right now. This is a little weird stuff going on So Amazon getting a mighty 90 long You can see this Apple getting Maybe a volume runner to the downside. So There must have been some type of report that came out today. I didn't Wasn't aware of Goog getting a nice look at mighty 90 here Problem is there's still another minute left. So these bars could get as big as Previous all the jolts report. That's right. Yes. He's now everything's a downside volume runner Apple Amazon may get there square Goog mighty 90 long Right blockchain good-looking mighty 90 long some crazy stuff here. I'm just gonna It's gonna watch here for a second before I I like the good mighty 90 long But I'll see if it pushes down one more One more time So goog Try mighty 90 here 134 calls and goog And I'm gonna wait on goog now. So yeah, it's kind of popped up Darn it missed goog. I could still come down to though. I mean things are so Hairy right now. Yeah, we could see it. We could see a flush here. Yeah, you know, I'm green for the day. So Really big emu winner. Thank God So I'm gonna be very careful about what I get in here Metas got a mighty 90. See nice nice looking mighty 90 there Dicks up a little under 8% now Really spiking up So goog coming back down. Let me try this one 34 call and goog and you get the little buck 60 Little the buck 63. It's the one 34 calls and Metas got a mighty 90 as well I could have could have just left it at dollar 60 and got filled I'll put an order in at a dollar 80 to get right half my goog It pushes up without me Any attention to it? You can look at meta here. It's a good looking mighty 90 and meta I can tell you that but I chose goog But if meta comes down another push I might jump in a mighty 90 there as well Would do the 302.5 calls in meta Filled at 520 real 2.5 calls So we'll look for two green bars in a row and I'll get out a half at 570 let's go 575 575 in case I'm not looking So if you're just learning like I know there's been some questions about like mighty 90s and stuff and runners I mean if you look at meta, I mean see the difference in volume pop and then this bar is not as big as the first So same thing with goog See you can see how it's got a really nice separation there. It's not as big as the first That's what you look for So look at like emu So an emu like this one it It's higher than the previous one, but it's bigger than the first bar. So I wouldn't count that as a mighty 90 Bigger than that first one Hope that makes sense and so also with mighty 90s when I entered them I always You know, you need to know like what's your small medium large in terms of The trade you're gonna place you're gonna go in small you're gonna go medium or a large I always go in, you know, typically medium But I I'll make sure that I go into the position size to where I can add to it So like goog it's still coming down and may add to it Continuation runners like you're looking it's you're looking at like price action mostly not volume So you're looking for like a pause so like a push I can one direction and then a pause and then a continued push That's basically it So I got to decide if I want to add or just hold here as we're getting a little bit of a flush I'm at it really flushing. So I'll add to my meta Built it 450 to add to meta. Let me take a look at goog now Y'all add to goog Build it a buck 40 to add to goog. Yeah, if I see You don't find good continuation runners and you get You know, like look at PayPal big push up big push downs This continuation runners happen when you can get so like today the market is weak So a downside continuation would be you get a push down and then you get just a consolidation where it price doesn't move You know 15 20 minutes it stays right where it's at then it continues downward So I was hoping goog bounces off this pivot and then hoping meta bounces off yesterday's low You know, sometimes when you get these big You get news that comes out like the Joltz report You know that those are times you you probably should position size a little smaller than maybe you normally do So target look at producing two green bars here. So that's what we would want to see out of meta and goog Sometimes with continuation runners as well bumblebee. You'll see like a little three bar If it's upside continuation You'll see a little three bar pullback and then continue or vice versa downside You see a little three bar bounce and then continue down trying to produce two green bars Boeing kind of resisted that flush there so meta just Still staying weak Want to see it bounce here? You know, I became so much better at trading mighty 90s when my you're working on my mindset because When you add to a mighty 90 you're obviously in the red, right? so You got to be able to block that out the fact that you're already down By the way, I've got to order in at a buck 60 to close half of my goog and so not not being able to To block out. I'm already in the red You know enough it's I'm okay to add to it. That's a big mindset piece But it has made me a lot more successful in my mighty 90s when I add to them In fact nowadays, I almost look forward to adding to them get out of half my goog here. Hopefully Gives little tick up get out. I'm gonna get out of half here Fill to the buck 60 nice nice push up there and goog So so that ad was just a great ad and goog Completely turn that around for now anyway, and look at Boeing up to highs of day I've got an order in meta to close half at 510 So Microsoft to okay, so we're looking at looking at Microsoft here. See how it's not really pushing up with some of these others It's just having real trouble. That could be a downside continuation runner You know, it's got this push down and it's just it's really struggling See it that in fact if it was to push up a little bit more I might keep my eye on that for a downside continuation And I'd love to see us get to green bars and then it can roll over all at once Yeah, see Microsoft see how it's And I could have been a really good downside continuation here But you can see Netflix here how you got this just massive bar, and it doesn't continue higher That happens a lot. Yeah, see it would be good to jump in Microsoft there I should have just jumped in there gotten short something Metta still trying to produce one green bar The coming down through lows of day little green bar and goog Even though I did get out of half So in in meta as well like it if it has like a little three bar bounce and then it could roll back over So that's why we would get out if it gives me two green bars here Sometimes when the market's in a in a flush type situation. It's good to just cut your you know Get out when you can get out if you've got a little bounce or something So I'm gonna watch I'm gonna watch meta close. I mean If it looks like it wants to roll over I may just cut my mighty 90 Even though it doesn't give me two green bars Hopefully it pushes up so that squares doing that's what I'd love to see out of Goog and meta where you see like Paypal here See that's getting like to see goog and meta get two solid green bars like that Want to get out of half my meta here? Get Tesla push up see goog struggling a little bit Vixx is up nine and a half percent. Wow. So I'm probably just gonna close my meta here With two green bars. I'd love to see it push back up to where it was. It was close to five bucks. I had In order to at 510 to close. I should just got out of half of five bucks, but I'm going close my Got a minute left here. Go ahead and close my meta push back up there Let me close it out and googs just not really going anywhere build a 465 to close my meta It's just not it's just struggling And I'm gonna close my goog too. It's just not going anywhere. It's 930 gonna call it a day Not get caught up in all this little to buck 45 To close my goog So what you can see Microsoft how it's just it's never So Apple is kind of consolidating here be interesting to watch it and Amazon So if a continuation runner if it pushes above this console, you could get in like right now And if it pushes above this consolidation, just close it out and it's a small loss So it's a low-risk trade Same thing here if it pushes above this consolidation, you know, you want to get short Then you just close it out small loss, but if it if it then Continues downward, you know turns into big winners. Here's meta So a little three bar bounce and then if it rolls over You could get short meta right now. And if it pushes above this consolidation here, then you just get out of it So sometimes they could be quick trades. So Nvidia another one push down little bounce could get short there So hopefully that makes sense for a continuation runner So alright folks, I will be back Friday. You got Steve the next two days So I will see everybody back here on Friday. Peace