Roaring Lions
Yes, tomorrow is Lotto Friday, and we are going to get to that very shortly. However, let’s start off with what happened with GME and U today. Another Roaring Kitty random tweet sent people in to a tizzy…but I have zero interest in “roaring kittens”.
I prefer LIONS. Specifically my Penn State Nittany Lions, who will be playing for the Big Ten Championship on Saturday night. I encourage all of you to watch and cheer for the Lions! Forget about kittens (and Ducks, another non-fierce animal, which is the mascot of the University of Oregon, Penn State’s opponent).
So, some other less important stuff going on tomorrow, like NFP. Honestly though, the market hasn’t really seemed to care much about data lately and just marches to the beat of it’s own drum. And that is why you subscribe (or SHOULD BY NOW) to the Stack.
As usual we are loaded up for massive bags on the cheap tomorrow. Just set your alerts, study the setups, pick what you like and let’s end the week with some money to buy tailgating supplies for the big game Saturday night!!
My Charts
Over Green line = Entry for Calls
Under Red line = Entry for Puts
Dotted Blue line = Price Targets
Purple line = Dark Pool
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 get paid!
SCHW
SCHW 0.00%↑ 8 hour flag that has been consolidating in this small range for about 3 weeks now. Retesting this lower trendline at the POC. It’s time for a move. Here’s the plan:
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