"Volatile Market" Spotlight
Today I will be hosting a free volatile market spotlight. If you would like to register, please click here.
It will be today at 3 MT, 4 CT, 5 ET; and will last an hour long.
I was told the presentation is "personality driven" and will be an opportunity to share my watch lists, my philosophy and my methodology.
How exciting :)









Reader Comments (224)
UCLA
Step,
You've got mail.
Berkshire
Jym,
I got in to IGT on the 19th anticipating it to go lower. Jeff's comments on casino stock falling helped! Never had a stop.hell, Casino stock, I let it ride til today. just sold!
It looks like ISRG could go parabolic. Just grabbed a couple calls.
Sludge,
Yeah it's frustrating. I'm up on NFLX and GG so far today. It's very tempting to take profits before the weekend. NFLX up almost 30% although it's looking as if the flag breakout's happening soon. I feel like a lost puppy dog sometimes when it comes to taking profits. Maybe I need to start hitting layups before going for a half-court shot (like that basketball analogy, eh?).
Jeff,
What kind of blogging platform do you use for this site. Like everyone else, the time stamp's gotten fairly out of whack in the past couple of weeks.
Liz,
What do you make of USO? I was up 280 per contract yesterday and now it take a little breather and the market makers decided this is enough to take half of my profits. Jerks.
Thanks Jeff. All signed up.
Yes, "Sludge" is what I feel like.
I'd like to watch today's Volatile Market show but there are no times listed for Pacific. Do I have to drive to Utah to listen?
Does anyone see a cup pattern forming on amln? I'm not the best at picking out patterns and what all has to show up before the pattern materializes.
Wish my stock picking was as good as my madness picks. 8th place with a bullet.
optionair
Jeff,
I'm in...sounds like fun.
Berkshire
Optionair- I think you want at least a couple months for a good Cup and Handle to be depended on.
Stan
Bah, sorry Sledge. Don't mind me. For whatever reason, I came into work today. Should have known to take Fridays off, sigh.
Jorge,
I just thought it was funny, man. No worries. Today, my name is "Sludge" for sure. My account proves it. And my wife's cat just vomited on my tax return.
Am I calculating wrong? I'm Pacific time. Usually we are two hours behind Central and three behind Eastern. Is that 8:00 Pacific??
Lost
LOL
optionair
Yay, I finally had a winner!
Just got out of ANR with 168% ROI. Exited due to hitting price target and noticing that the volume on this increase has been decreasing.
Never mind. How silly. I figured it out.
Signing up now.
What happened to HLF. Took a dive today. Thankfully I sold yesterday on a "don't be greedy" hunch. Can't find any news explaining why the drop.
SueD,
I just drew a sym triangle on HLF starting back in NOV until a breakout on Feb 19th. Based on the sym triangle's width, the price target I had was about $49.50 or something like that. I too exited, but on Wednesday. I guess everybody saw the same thing?
Stan
Just looked up definition of cup and handle on Investopedia. Gave a great def. Usually 7 to 65 weeks on the cup with a slightly downturning handle. Shoulda looked it up first. Thx
opair (I think I like that name better)
p.s. no comments on the trash talk?
SH
Wow...I did not see that...thanks. guess I'll watch for awhile and see if there is another entry. Looks like some support at $44.5 - 45.
Berk
I asked you about an entry for BIDU on Tues. Getting into the 250-255 range.
opair (I do like that better)
Anyone read the news coming out on CALM ?
this could be real sweet....hold on..
The Tombstone Dojis on XNPT over the last 4 days is where the time value on my puts is buried. Kiss my chiseled ass XNPT.
Market makers on FDP are not being easy!
Step-
I have a s/r line right around 83/84. Flipping over to a line chart. Next stop though is about 4/5 bucks down. I think it still looks good so far though. IMO
liz
Step-
If you want, I can email you my chart.
liz
Jeff,
Basketball gotten into you ... a Friday afternoon webinar? That's dedication! I'm in!
Jeff-
Thanks for the food picks! They all look tasty... yah, I know, dorky...
I would love to join the spotlight but I'll have to listen to the recorded version. Those pesky kids getting in the way again.
liz
Thanks Jeff...if you only knew how much you help.
Benton,
I still don't know how I got involved with this, or the adv options open house for that matter.
Oh well...talking about how I am trading the market is an easy hour spent.
Cameron-
Are you looking to get in or out of FDP? It's just been stair stepping it's way up.
liz
and a profitable one for us .... Thanks for doing it ... Although you and Knight on the same panel ... that should be fun! :)))
Liz, I would really like to see your point of view on it if you dont mind. Email is step_investments@yahoo.com.
Thank you.
Step-
sent your way...
liz
Thanks for the invite, Jeff.
Liz,
I wouldn't mind either...
berkshire.rockaway@gmail.com
Step,
Your buried in theta in XNPT too. Candles look good, and it is not above resistance. This one is trying my patience.
Berkshire
CALM turning up nice now, this is going to work nice.
Benton,
Tim and I will be doing more combined work in the future. Should be interesting.
Much obliged Liz. Our charts look quite similar - bad news for you:) - aside from the horizontal line you have around $84. How did you get that?
That's not a bad thing ... you're just both quite different which might make for a good pairing. I just review some of his charts sometimes and I don't see - based on what I have learned from you - how in the heck he could ever buy his PUTS from those charts.... but he seems to be a good guy!
I'll look forward to your session .. Thanks again for all you do!
Step-
Flip it to a line chart.
liz
Liz,
Message recieved...Thank you.
Berkshire
Hi folks
Anyone watching MGM. Looks primed to break down, although not much volume behind the move.
On the long side, the short squeeze is well and truly on with CALM...
Force,
All casino related stocks are looking a little weak.
Most of them have broken out, or are very close to it.
Should be plenty of steam there.
Berkshire
kelso1,
What is the news on CALM? I didn't see any
Step,
I've got Apr 35s on MER and I think I got in right when the bottom of the bottom-most wick formed. It is almost impossible to have lost as much as I have on this put. I am unique.
Speaking of kissing your chisled ass (as you did) I should inform the world that I broke the toilet seat yesterday when I sat on it. Catherine has told me if I don't stop it she's going to throw out my "Buns of Steel" video.
AMLN is fianlly starting to show us some heart. I think this may be the start of something beautiful.
Liz,
Getting in to FDP. I eventually bit the bullet and adjusted my limit for a 2/3s position, and left the other third at my original price in case there was a bit of an intra-day decline. I'd still be happy with 2/3 position. It's not a huge profit/loss difference, but 5-10 cents on a 50 cent option is kinda a lot.
Chris...
Get a room...just don't tell Catherine.
Berkshire