Friday, August 4, 2017

Jobs Report 209K New Jobs vs. 178K Forecast...Pre-market GPRO +17.43%...XLF+.91%...FAS +1.71%...Up + SCHW, BAC, JPM, MS,



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Check back for our after the close video...



Before the close Review of IWM, DIA, DJIA, SPY, QQQ, TLT, VIX, XLF, XLB, XLE, XLRE, XLK, XLI, XLY, MCD, MSFT, MCHP, FB, short put verticals SPV discussion, GPRO
© 2017



After the open Review of IWM, DIA, SPY, QQQ, TLT, VIX, XLF, XLK, XLB, XLRE, LV, MCHP, NCHL, CCL, TSCO, NTES, NVDA, JD, AAPL, MSFT, ADSK, FB, TSCO, SCHW, BAC, JPM, MS
© 2017


Bouncing – MSFT, ADSK, FB, AAPL 9:38 am et







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17 comments:

Gary said...

Awesome, awesome videos Dave!! Whew, hammer forming on MCD. Come on support!!

Michael Hayes said...

Thank You Dave

Matthew said...

I agree ...Super Awesome video! Like the Weight of evidence in orderly fashion...very helpful! Thank You Dave

Unknown said...

Great video Dave!

Unknown said...

Great start to the day. Reviewed during my lunch time here at work .. The TSCO comments are very interesting. Would you add possible strategies with TSCO like buy the stock and selling both a call and put at .3 delta on its weeklys then managing them on the way down or up.


On another note you mentioned a weekly wrap up. Maybe guest appearances from others like Patrick Blakely.. just a thought

any ways very much appreciate everything.

Fred from Miami.

Rose Dorsey said...

Love the technical analysis that you explain, Dave! It has really helped with my trading! Many thanks!

Tenore Primo said...

Dave, I watch your market wrap EVERY MORNING and this morning I was excited that I actually understood the TA signals you pointed out, and more importantly, in many cases I had already read those signals in the charts you mentioned and had put in conditional orders reflecting them. I can't overstate how important your instruction and example has been to me.

It's a little frustrating having to prove I'm not a robot each time I want to leave a comment. I wish there were some way that your site would remember my information once I have proved it, so I don't have to do it each time.

Dave Johnson said...

Tenora,

Thank you for the feedback. The robot part is not Chart Signals, that is Google Blogger. I haven't checked on it but maybe signing into Google if you have a Google account would bypass that. I will have find out on the robot check.

DJ

Bruce and Susan said...

Hi Dave

Posted a comment a little while ago but for some reason it did not post, so we will send it again.

We appreciate that you are now using some chart drawing tools (similar to before). It does help with the visualization aspect of what you are talking about on the current chart.

Also, we are looking forward to learning more about market symmetry. Although we have heard you talk about this previously, we need to improve our technical skills on this.

Thank you so much for the valuable information you share everyday. It really is great information.

Bruce & Susan

Michael Hayes said...
This comment has been removed by the author.
Michael Hayes said...

If your are sign into a google account
you don't have to click on I'm not a robot
If your not signed in you have to click I'm not a robot

Not really a BIG DEAL SINCE it keeps the blog clean and free
of unwanted poster and ads people trying to sell

Dave Johnson said...

Tenora,

I hope you read Michael Hayes'comment for clarification. I hope that helps.

DJ

Dave Johnson said...

Michael,

Thank you clarifying on Tenore's question.

DJ

Dave Johnson said...

Bruce & Susan,

You're welcome and thank you for your observations. Have a great weekend.

DJ

Dave Johnson said...

Rose,

You're welcome. Have a terrific weekend.

DJ

Dave Johnson said...

Fred,

As with any stock you can employ a wide range of strategies. Which ones will depend on your forecast and just how you manage trades. I appears it is starting a new up trend and if that continues, a trader apply the strategies that they use. If you use the call, put approach in new trend situations I would follow your guidelines.

DJ

Kempington said...

Thank you Dave. Loved the explanation of of doing a SPV once convinced support is holding, waiting for the bounce and buying a long call with the proceeds. AWESOME!!!