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A jump in coronavirus cases in Iran is a cause for concern because they have no direct link to China, the World Health Organization said. The outbreak also accelerated in South Korea and Italy. A new study estimated that two-thirds of cases exported from China have gone undetected worldwide.

https://www.bloomberg.com/news/articles/2020-02-20/hubei-adds-115-deaths-hong-kong-cops-quarantined-virus-update?srnd=premium

Lake +4.5% today
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PLAY_HRD
PLAY_HRD wrote:
ZM - Bought 10 shares @102.00 and 1 100 Put @ .20 = $20.50, ZM dropped to $98 this morning and I think it's possible that an afternoon selloff would take ZM down again leading to big gains in the PUT.

Sold Put @.24 = $3 profit, markets are at day lows ZM is holding up well this afternoon so I cut my option while it's worth something.  Still holding 10 shares of ZM
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tja1
ERU9rMgXYAE-V9L.jpeg    
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acestocksplayer
Congrats, Doc !!!

STMP has been an awesome trade for you!

I added 35 more shares of LAKE...now own 135 shares....up about $95 so far on this trade.
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
http://schrts.co/WCPJzZKQ FXI ~ has the abandoned baby top ... if can get a gap down open on Monday ,,, will have the 2 week abandoned island cluster top ...

During a downtrend ='s http://schrts.co/MMrjKXwe RSI -D first half of Jan. ~ the RSI 50 line is the over bought line during a downtrend (instead of the 70 line used during an uptrend) ...

http://schrts.co/AqtzVPDA ZNH broke below 10ma support ,,, http://schrts.co/XmcWcVTN broke below the wedge line support ... 

http://schrts.co/xyHcGzTk JBLU broke below 10ma support 7 RSI -D from Jan.23 ...
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tja1
Guy's for the time being I am updating the VIX:VXV signal chart.  Note the new rising channel which is the buy TVIX zone.

Not sure if this works or for how long, but the channel is repeating itself over a prolonged period of time.  FYI, I have only seen this twice in past 5+ years I've been using this system.  Last two times we're Mar/Apr 17' and the Volmaggedon event in 18'. 

   sc (8).png
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umunver
Ace, thanks. I took the profits, though I left some on the Table. I Ran with profits & Stock came down at EOD. Thank you God.
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acestocksplayer
tja1 wrote:
Guy's for the time being I am updating the VIX:VXV signal chart.  Note the new rising channel which is the buy TVIX zone.

Not sure if this works or for how long, but the channel is repeating itself over a prolonged period of time.  FYI, I have only seen this twice in past 5+ years I've been using this system.  Last two times we're Mar/Apr 17' and the Volmaggedon event in 18'. 

   sc (8).png



Excellent chart,  TJ!!! ....it definitely seems like an uptrend under way....we have to watch for that touchback into the buy zone....this recent VIX rally seems like it might have legs, unlike many recent false starts over the last many months! ðŸ˜‰ 
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
AMD may not be an official "FAANG stock" but it should be....

And the price action of the last two days seems to be saying it's time to get out or short the number one chip stock over the last 12 months....but not quite confirmed....need to see if it can hold that lateral support line and that long-term uptrend line just below the lateral line at about $52.50 or so...closing price on Friday was $53.28. ðŸ˜³

AMD daily chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
MSFT is another "FAANG-like stock" that has had an incredible run the last year or so....

But the action the last two days is worrisome for the holders....in my book, the violation of the 13 EMA is a biggie...I find it often leads to sustained selling over time....on many charts, especially with momentum stocks which MSFT has been the last year or so....

But the long-term sell signal is not yet in...we need to see further confirmation of a longer term sell....the long term up-trend line near $170 to $173 is what needs to be focused on...a break below that uptrend line could spell big trouble for MSFT holders and the market in general, since MSFT is widely held stock...also, notice that if the price should move below the Keltner c-Line (or BB c-line which is also in this chart), and if price should linger below that line for more than a few days, then this would also be worrisome for holders--this type of action is what I call "going down the river" in the lower side of the river banks....not usually good unless you are shorting a stock while it moves through that lower side...but for now, the price is still (barely) in the upper side of that river....  

Also there are two long open gaps down below (in yellow) which also beckon for a fill....😲

MSFT daily chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
GE....General Electric....

Another example of a recently hot stock that is on the precipice of a significant pullback....we could know as early as Monday whether this stock will bounce and carry on with its bull rally...or hurdle into the cesspool of failure once again....GE has been spinning off money-grubbing businesses and trying to reduce debt....

But at the same time, its jet engine business is suffering mightily with Boeing's 737 Max problems....and now the CoronaVirus is causing a possibly serious stall to new aircraft orders even for Airbus and other smaller operators like Bombadier...😬

GE came to rest on the major up-trend line and right on top of a long open gap....

Now, one thing that might happen is that GE could drop below the up-trend line and fill that top open gap quickly and then tag the 50 day line (rising thick blue line) and then bounce higher off of that line...so, it could be a quick selloff, then bounce, and we always have to watch for that sorta thing in this long bull market.... .there is another major open gap down in the $9 price zone, but it might take a drop, then bounce, and then a second or third drop to get down to that deep level-- so a trader has to be prepared to grab profits as each leg of the cycle presents itself...if this stock (and the market in general opens lower on Monday), I might try to buy some puts on GE....

 GE daily chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
> http://schrts.co/qrPsrXjM  MSFT ...
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Littleshark
cruise ship stocks > CCL _ CUK _ NCLH _ RCL _ do you know anyone who wants to go on a cruise now ? ...
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Littleshark
Japan doing quarantines ? ...

South Korea ,,, 50 cases ,,, went to 104 next day ,,, went to over 200 next day ,, went to over 400 next day ... city of 2 1/2 million told to stay home by the Mayor a couple days ago already ...

Italy news is bad ,,, locking down the infected area of Italy with fines or penalties if people travel ... patient zero has been to Shanghai but tested negative ,,, released ... patient 1 had no connection to China ~ except he is a friend of patient zero ~ who they call a "silent carrier" < something new ... cases exploded from there ...

Latest say can be contagious for up to 27 days now before becoming sick ='s all those people they released in USA after just 14 days confinement ,,, are likely possible carrier spreading the virus now in each of their home towns and to their families ,,, with out even realizing it ...

Our CDV a week ago said risk in USA is low ... a couple days ago they said contagion risk and needed quarantine is "very likely" ... today they say "Tremendous risk of pandemic coming in USA" ...

why I am i coughing ? ,,, do I have a fever ? ,,, etc. ....................................................

Facebook and some other big company are not going to their industries World Conference ...

Practice for Olympics cancelled ...

Some big Marathon cancelled ... contestants sad ,,, since they have been training for it for months ...

some countries have cancelled graduation ceremonies & closed schools ... etc. etc. etc. ...

just a few of the articles the past two days ...
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Littleshark
http://schrts.co/ItrpVbsE IWM (small caps lead) ,,, vertical line Jan.16 and look at everything since ='s wasn't Middle of January when the Virus hit the news big time ... trend in motion is ............................................
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Littleshark
i posted two articles the past few days about China export numbers ... various categories of goods have China exports down 50 % to 90% for the past two weeks ... one container ship left China for Europe with only a 20 % of capacity load ,,, goods aren't reaching the ports because of factories shut down and roads blocked in confinement districts ...

='s In a month will Walmart shelves be half empty ? ... how many people will just Walmart alone them lay off across the USA ? ...
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Littleshark
02-23-2020 Sunday evening 6:40pm CT :

> Dow set to drop more than 300 points at the open as coronavirus cases outside China surge Published Sun, Feb 23 20207:06 PM ESTUpdated 23 min ago <<< live link > https://www.cnbc.com/2020/02/24/us-futures-coronavirus-outbreak.html ...


http://Coronavirus updates: Austria halts train traffic with Italy, Turkey closes Iran border Published Sun, Feb 23 20209:36 AM ESTUpdated 7 min ago < ... and Pakistan closed it's border ~ with Afghanistan ? earlier today ...

I hope Doc makes it home by Weds. as planned ...
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Littleshark
https://www.reuters.com/article/us-china-health-southkorea-israel/israel-may-quarantine-200-south-korean-visitors-in-army-base-report-idUSKCN20H0BL?il=0 < live link ...

200 South Korean tourists got stranded in Israel when their flight got cancelled ... Israel has barred flights from China & South Korea & Japan & Thailand etc. ...
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acestocksplayer
SUNDAY NIGHT AT 8:00 PM ET....

Dow futures down at -359...! Ã°Å¸ËœÂ²
Nasdaq futures are down 1.74%...!  Ã°Å¸ËœÂ³

I have my eyes on the Emerging Markets tonight as money flees most countries and is pouring into US bonds, mostly Treasuries.....I own 3 puts on EEM....was already up a nice piece of change on Friday....but with any luck at all, these puts should be flying higher on Monday morning,  I think....!  EEM was hanging by a thread at Friday's close from dropping through a key uptrend line...and there is another uptrend line that's even longer in the tooth which might also be in play too? ðŸ˜‰

EEM daily chart

[image] 
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Well, the VOS signal was bullish on Friday night, so I didn't buy any Vixens to hold over the weekend....

But I am still situated with several potential money-making trades for Monday morning....

I am still holding 2 or 3 HYG puts (I can't recall how many, but I think it's 3) ...I have been under water for quite some time with this trade....made some money a couple weeks ago on that sharp little pullback in the Junk Bond ETF....got re-positioned again, but up to now, the current trade has been under water....if equities are going down 500 points tomorrow, then HYG should follow suit as HYG often tracks the stock market as Junk Bonds are very speculative instruments, unlike most bonds....

HYG daily chart

[image] 

ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Littleshark wrote:
02-23-2020 Sunday evening 6:40pm CT :

> Dow set to drop more than 300 points at the open as coronavirus cases outside China surge Published Sun, Feb 23 20207:06 PM ESTUpdated 23 min ago <<< live link > https://www.cnbc.com/2020/02/24/us-futures-coronavirus-outbreak.html ...


http://Coronavirus updates: Austria halts train traffic with Italy, Turkey closes Iran border Published Sun, Feb 23 20209:36 AM ESTUpdated 7 min ago < ... and Pakistan closed it's border ~ with Afghanistan ? earlier today ...

I hope Doc makes it home by Weds. as planned ...


Shark, have you still got those FXI puts?  I see that Sydney's market is down over 2% and that market often trades in sympathy with Chinese markets. Hong Kong and Shanhai should open in about an hour....! ðŸ˜‰
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
I also have a few precious metals positions too...

Wish I had bought some NUGT late on Thursday, but was tied up with work and just couldn't get to it....but I do own positions in IAU, KL and PAAS....

I bought 75 shares of PAAS last Friday morning in the pre-market, but this Silver stock did not soar like most gold stocks on Friday so I swapped the 75 shares for a 2x1 net long strangle to hold over the weekend...this way, I was able to free up capital for the new week.... I think the silver stocks are due to go ballistic...I made some fast coin early last week on WPM....now, I think that PAAS is ready to explode higher....

PAAS daily chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark


Shark, have you still got those FXI puts?  I see that Sydney's market is down over 2% and that market often trades in sympathy with Chinese markets. Hong Kong and Shanhai should open in about an hour....! ÃƒÆ’ƒÂ°Ã…¸Ëœâ€°


yes Ace ,, 3 FXI PUT's at different price levels ...

March 20 expiration so I could hold them until the market finally turned down ... I am in the hole on them ... China said yesterday that they will continue to support companies effected by the virus ... China banned short sales just before the Markets opened after China new Year Holiday ... and they provided $175billion stimulus to the markets first two days alone ...

but I figure eventually the real economy will win out over their support efforts .. we'll see if it happens in time for my http://schrts.co/QGUvScaJ FXI PUTs to recover and produce some profits or not ... Feb.12 abandoned baby top ,,, a gap down open Monday would make the last two weeks an abandoned island group cluster ...

i also have NIO PUTs too ,,, China vehicle sales went from 60,000 to 5000 during Jan. or early Feb. one report said ... I forget the exact details ... focused on just the trend ...

I also have a PUT on China Southern Airline http://schrts.co/xdVMyrBH ZNH ... one could also play Eastern China Airline http://schrts.co/JYzwExbt CEA ... i didn't know about CEA when i bought the ZNH PUT ... I am under water on the ZNH PUT ,,, it was green for a little while on Friday ,,, but then ended a little red again at end of day ... maybe Monday will be a down day for ZNH & the played for up day for my PUT ... annotate the three ZNH possible PLB lines under price and see that one got broken Friday ... RSI since Dec.16 ='s downtrend ... when a stock is in a downtrend as ZNH is ,,, the RSI 50 line is the overbought resistance line ...

My Feb.21 expiration CALL on NGD expired worthless ='s a $22.00 total loss ... so now NGD will probably run up ... http://schrts.co/gMnfWCwi NGD already did earnings report about a week ago ,,, and is one of the few low priced gold miners that have http://schrts.co/sUTaPJsN not http://schrts.co/EYTVXpSn run http://schrts.co/rbKGkfWd up http://schrts.co/nHXbSPrd yet http://schrts.co/cgbwCdEB ...

I also have three long penny stock plays ...

and $172.98 cash in the account where i can buy OTC stocks or other stocks commission free ... & $254.53 cash in the other account where i can buy stocks or options ...

Monday should be a hectic day to watch all my positions at the open ... plus a few picks that I am eyeing as possible buys for Monday ...
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Littleshark
p.s. ,,, Sunday night 10:20pm CT ,,, pre-market action on my 10 minute chart ,,, now shows http://schrts.co/eZpPkXFF FXI $42.02 Friday close has two big red drop down candlesticks with low $41.24 ,,, now $41.25 ...

>>> So ,,, place horizontal line on $41.24 and look left at how that is a strong support area across the whole chart ... if that breaks ,,, the PUTs will accelerate fast in value ... too bad the circumstances that create that value though ... people sick and dying is not how I want to make money ,,, sigh ...
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umunver




    

Equity Futures Dive as Pandemic Spreads: Coronavirus Tweets of the Day

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Mish

2 hours ago

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