[Teddi Knight]

Stay with a nice tight stop

[Teddi Knight]

Still climbing at 11:56 but signals continue to deteriorate.

[Teddi Knight]

Nice, a push to the upside. Keep on climbing!

[Teddi Knight]

Warnings signals are starting to develop at 11:48. My stop is now 15 cents.

[Teddi Knight]

You should keep a tight stop-loss. Perhaps move to 20 cents or even 15 cents when you see the sideways movement appear. We are now stuck with a lower high. I am expecting a drop shortly. My stop is at 20 cents now. 11:47

[Teddi Knight]

Here is a quick write-up regarding re-entry to the second and third trade. https://www.fullyinformed.com/quick-comments-on-second-and-third-nasdaq-trade-1109-mar-5-2015-understanding-re-entry/

[Teddi Knight]

Stopped out for loss on second trade I will be re-entering here at $111:40

[Teddi Knight]

Initial stop-loss is 25 cents lower

[Teddi Knight]

Bought 1000 shares of TQQQ for $111.74 at 11:09

[Teddi Knight]

This morning first NASDAQ trade was ended at 10:56: Here is the twitter post NASDAQ trade is stopped out at $112.60 at 10:56. I will restart another one shortly.
I cannot find the post I did this morning on this trade. My apologies for posting this to this trade.

[Teddi Knight]

This should help as well: https://www.fullyinformed.com/members/quick-comments-on-nasdaq-trade-1032-mar-5-2015-understanding-trading-the-trend/

[Teddi Knight]

Absolutely mixed signals, but as explained, the lack of new money means the market is choppier and volatility higher. Everyone keeps waiting for the next big correction. That is just not in the cards yet. Remember that even in 2007 it was a great year for trading and while the bear market started, if it had not been for the financial crisis, it would have been a short bear market. It was the housing crisis combined with the financial crisis that took out stocks. If there had been no financial crisis and if the government had stepped in far earlier, even as Bernanke admits, there never would have been such a deep crisis. It’s hard to write market direction comments because people tend to be worried about another downturn in stocks. Instead what I am saying is these are the reasons the markets are reacting the way they are and this has happened before, but remember that even in 2007 the market made new highs. For another bear market to start there has to be a catalyst. There are none yet. So bearishness is always there but then bearishness is always around. Right now caution is better than being a bear or bull. Look for opportunities in strong stocks and trade those opportunities but don’t consider any trade a long-term trade. This is NOT a long-term market. Emails I received last night showed that the majority who followed my lead on Spy Puts were stopped out for profits because they used stops. My TQQQ trade this morning is the same – use a stop-loss. Nothing is a longer term trade unless it happens that the trade is not stopped out.

[Teddi Knight]

The trade on Wednesday as explained was short-term just to take advantage of the weakness. The trade used a tight stop-loss. As explained in the article . “This is not a giant drop coming or a collapse. This is just weakness while the market prepares for the next move higher.” – You have to understand that the stop-loss rules the trade. I could have held the spy put trade longer but unfortunately it was stopped out. That’s okay as this was a short-term trade. Remember that the medium term is still higher. The belief of any coming collapse is just not in this market at this time. As explained in the market direction outlook, if the 2100 does not hold then the market will move to 2075. This morning again the 2100 held that means we are moving higher. Remember that I am just posting my trades so you can see how they are handled and how I trade. Keep using tight stops. Taking the dog for a walk is fine, but then put in place a trailing stop for those few minutes when you are away. Markets are very fluid, the trend is still up. As outlined in my articles as even in the latest article which Jack quoted – “This is just weakness while the market prepares for the next move higher.”

[Teddi Knight]

I bought all the puts over the lunch hour and started selling them at $1.50. This is an easy and obvious trade.

[Teddi Knight]

Yes. I spotted it after publishing and fixed it. This is more like the pennies trade. You can read more notes with the spy put trade link https://www.fullyinformed.com/members/spy-put-options-trade-alert-for-mar-4-2015/

[Teddi Knight]

Here is the first trade and details https://www.fullyinformed.com/members/spy-put-options-trade-alert-for-mar-4-2015/

[Teddi Knight]

Very nice trade in my opinion. I still think XOM stock will hang in and have a hard time breaking $85. I had hoped for a bit of a bounce per my trade on March 2 but I think that it unlikely in the immediate outlook. I like the $85 put strike a lot at this time. The credit put spread though is a good idea.

[Teddi Knight]

No change inthe strategy. I just moved in as i saw it pull inside the lower bollinger band and felt at 2106 the S&P would hold up as it did in the morning. I therefore used the morning low to time getting into this trade, especially since the morning low was such a good trade for me as well. Did you get into the trade this afternoon?

[Teddi Knight]

Perhaps this will improve their bottom lines although I am enjoying very good profits and of course would prefer that they just keep on with the same boring stock patterns. LOL.Thanks Amy for posting this.

[Teddi Knight]

Trade has been exited fully at 3:23.

[Teddi Knight]

I am getting set to sell out now at 3:22 – just waiting for the next signal to sell out. Very nice profit on this trade. That’s two in one day and both were simple and easy to enter and exit.

[Teddi Knight]

After hours CNBC did a fairly decent job of discussing the upside for the stock. Most of the panel areeither buying calls or have bought calls. Most believe the stock could push to $105. If it breaks out from $105, I would consider buying calls as well. Until then though I like my slightly in the money covered calls.

[Teddi Knight]

I am coming in too late on this conversation so it is kind of a wash what i would suggest since it is too late. My apologies for not getting to you sooner.

[Teddi Knight]

Hi Donald;
HPQ is a tough one. I traded it last year for awhile, on and off. The company now plans to split into two separate companies with public offerings coming for the second company. Not sure how that is going to do so I am with you and staying away for now. Many investors and analysts say HP is too big. But when you look at companies like Apple which are bigger you begin to realize that it is not about being big but about being managed properly. HP has not had a good management team in a very long time and it shows. I hope you get out of ATL and don’t have to spend the night at the airport. Take care.

[Teddi Knight]

Keep rolling those puts on LVS. These are the types of stocks I tend not to trade in but all stocks at one time or another have their days in the dog house and days in the sun. You could try adding some additional capital and work your puts lower. I need more time to be writing up articles on how to work deep in the money naked puts lower while at the same time continuing to earn profit and protect capital in use.

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