It’s My Party!
Happy Birthday to me. This will be the most exciting thing this entire week. Apparently there is also something going on this Tuesday, but I will say no more about it. Haha!
Election Tuesday. FOMC rate decision Thursday. FED will most likely cut this week, but I think the attention will be on whether or not they still plan to cut in December as well.
Earnings are still rolling as well this week full steam ahead.
The market may be in flux for a period because it is almost a certainty that we will not know the results of the election on Tuesday night. We may not know for days, or possibly weeks.
VIX will reflect this volatility and uncertainty so you will see premiums are much higher than you are used to this week. With that being said play small, play smart, and take your profits when you see them!
Let’s get to it, I have a birthday to celebrate!
Annual Subscription Money Back Guarantee!!
If you don’t make back your ANNUAL subscription fee ($200) in 1 month, I will refund your money AND YOU KEEP your subscription.
ZERO RISK - WHO ELSE DOES THIS??
Valid on new annual subscriptions only. First month defined as first 8 issues from start of annual subscription.
My Charts
Over Green line = Entry for Calls
Under Red line = Entry for Puts
Dotted Blue line = Price Targets
Blue Boxes = Demand Zones
Red Boxes = Supply Zones
Price targets are not the same as option strikes.
Price targets are where I believe the chart can/will go.
The strikes I suggest are what I think provide the best risk/reward to make money.
Let’s BANK!
PM
PM 0.00%↑ daily ascending wedge formation. This is a nice setup because we either breakdown here at the trendline or we bounce and go higher. Doesn’t get much simpler from a structure standpoint. Here is my plan.
Keep reading with a 7-day free trial
Subscribe to PRIME PICK$ to keep reading this post and get 7 days of free access to the full post archives.