Solar having a split result Enphase beat but sank on guidance First Solar beat but stalled after the pop Canadian Solar hasnt reported yet
Industrials look to be turning over Air Products hit after earnings Honeywell slammed after earnings Cat popped to all time highs then faded
Homebuilders weakening again Financials rolling over Blackstone fading from double top Citi testing lows
I thought airlines were back, at least their ticket prices are up Delta trending down American even worse Southwest failed bounce
Consumer staples haven't held up well as a defensive play in August general Mills not slowing down Proctor and gamble a little better Even the mighty coke is sliding
Looking at some of the top weighted Russell stocks, which has been in a channel all year so far Super Micro Computer climbing after a big run Builders FirstSource also has a big run Deckers Outdoor looks to be correcting
Nice finds @Stoch Watching T -> sold some $13 puts two weeks ago: Also watching BTI ( bought 100 shares, bought a $28 put, sold $33 call - to pay for the put ):
Looking for shipping to show signs of a turnaround. GSL sliding. Matson appears to have peaked Danos rolling over as well
Enphase just cant find the bottom Europe not looking any better than US Japan looks the best of the bunch
Semis seem to be bouncing again NVDA bouncing in channel AMD had a big week ONTO holding up in uptrend
Tech kept its pullback relatively contained High rates killing utilities Staples getting slammed as well Real estate looking for a bottom
Sold the $33 calls on this one, and bought them back for roughly $60 per contract profit. My $28 puts that I bought are still in the red slightly, but that's insurance on the stock that I own. Also, just got paid a $70 dividend on it. If it falls below $28 ( expires JAN 2025, so plenty of time ), I'll have to think about my next move: 1) Exercise the puts, and get rid of the stock, and get back in at a lower price. Most election years, stocks drop because wall street hates uncertainty. 2) Sell the puts for a profit and continue holding the stock for future dividends, and put another options collar on it. More than likely, I'll go for number 1, so that money won't be tied up.