May 2018 Core Commentary

Posted at: May 11th - 2:34 PM

Monthly Option Alert

Alert Message

Welcome to all. We are moving into our more lucrative months as spelled out in the pre-trade analysis. Next week should be no different. The White House will be set to welcome the Chinese trade representative coming here to hopefully send word on Chinese concessions in the trade imbalance and there is a cryptocurrency conference in New York. Waiting in the wings is a renegotiated NAFTA trade agreement that could be spelled out this week giving the marked a boost. More and more market pundits are correlating the DOW and the crypto index to each other. Just today the McClellan newsletter sent out a special on the two markets. Anyway, should be a profitable week. We will be putting plays out at 3:30pm et today, please book profits when they present themselves in the 30-50% range, do not set initial stop losses, and buy in the final 10 minutes of trading.


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SELF DIRECTED TRADERS: Monthly Option alerts should be traded with NO stop loss targeting 30% - 50% returns.

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All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120.

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