optionsswing

optionsswing

AAPL is currently 50%+ up from its recent bottom at the beginning of the year. After a long consolidation in the month of February, AAPL ended up breaking up and forming this clear upward channel on the hourly. Making clean higher lows and higher highs. With two possible rate hikes in the horizon this year, some investors might be considering take some profit on...

optionsswing

META has been trading within an upward channel for two months already. It has made a series of higher lows and higher highs for some time already. Over the last 15 days META has basically been consolidating under the -0.236 fib extension or the $288 price level. We have had four clear rejections at this price level at $288. Price is getting tight on META around...

optionsswing

AAPL has been leading the market over the past couple of months after running more than 55% from its recent bottom and hitting that mythic $3 trillion dollar market cap. For the past two months AAPL has been trading within a clear upward channel clearly respecting the top and bottom of the trend. AAPL has been making a series of higher lows and higher highs while...

optionsswing

NVDA head and shoulders pattern is valid as long as it remains below $440. We have a bearish divergence forming on the RSI. Targeting $400 this week on NVDA as that is where our demand zone and psychological level are. Our OS Terminal picked up bearish activity on NVDA $410 puts expiring 06/30, right before close on Friday. We also have been spotting heavy...

optionsswing

Rates on short-dated bills have soared ahead of the so-called ‘X-date’ early next month, after Treasury Secretary Janet Yellen warned last week that the government could run out of cash as soon as June 1. It's worth noting that the debt ceiling issue has arisen multiple times over the years, and each time it has ultimately been resolved. While it's impossible to...

optionsswing

It’s no secret that the US banking industry is facing some significant challenges when it comes to securities losses. In fact, the Big 4 US banks - JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America - are sitting on a combined $211.5 billion in unrealized losses. That's a huge amount of money, and it's certainly cause for concern among investors and...

optionsswing

GS bear flag formation and double top pattern, with a clear RSI bearish divergence in formation. Goldman Sachs has been making a series of higher lows on the 2H time frame and had shown no sign of weakness. However, after the recent failure of First Republic Bank, FRC, the spotlight is back on the banking sector. FRC assets were sized by the FDIC the past week...

optionsswing

Bearish Structure on TSLA showing a rounded top on the daily timeframe with targets to downside provided at the gap at 155-147. Bearish Fundamentals on SBNY given they are involved in Crypto banking and given the liquidation of Silvergate Capital, the trouble might trickle over. Bullish Structure on SMH across the board with semis and chips showing relative...

optionsswing

The Dow Jones has had one of the largest rallies in history the last two weeks; out of a correction phase. Earnings reactions have showed us that sideline money has been stepping in. $BA had a 10% drop on ER but is well over the high of that day now. With growth and tech companies showing contracting earnings, money is flowing to companies that know how to make...

optionsswing

With Q3 earnings season approaching investors must take in mind what the Federal Reserve has signaled with their forecast. Jerome Powell mentioned companies with high debt will feel the most pain as he continues to stay aggressive on rates until we bring inflation down. $LOW (Lowes) is a company that supplies good for home builds and is currently sitting on large...

optionsswing

Here we have a study between the resulting move from a divergence between High Yield Corporate bonds ($HYG) and SPX. The bond market seems to be ahead of every move when compared to the broader market and hints at strong reversals when divergencies emerge. If we look at every big reversal the last few weeks, $HYG divergencies when compared to SPX have led to a...

optionsswing

PBR is a Brazilian oil company that does well following the price of Crude which has been showing relative strength against other equities. With the certainty of higher rates, higher dollar and more uncertainty of the near term; the market will most likely remain bullish on Oil, Gas, and commodities. Unusual Options Activity points at the a price of $16 and $17...

optionsswing Updated 

$BTU is a coal mining company which is a commodity that is high in demand right now. Coal runs power plants and with Europe restarting their power plants, the demand might send this sector into a supply shock. Also ironically, in order to power/charge electric vehicles, electricity must be produced which is done by power plants that use coal! This Inflation Act...

optionsswing

Netflix price is approaching the daily candle in which Pershing Square capitulated and sold their entire position on this stock. Bulls want the type of action that $COIN showed after Cathy Wood capitulated which was a 100% move to the upside within a week. Not to mention the strength that tech stocks have recently shown after ER reports; major gap downs have...

optionsswing

United Health provides healthcare services and reported earnings of 80B in revenue beating estimates. Analysts have a price target of 584 and rank it as a "Strong Buy" Technicals on $UNH point at a consolidation base period with breakout at all time high which is 553. Options flow has smart money buying December contracts with a Strike of 570 and 575 which is a...

optionsswing Updated 

Following sector rotations as the economy "slows down" we have finance, healthcare and utilities up next to show strength in the market. With record CPI reported today, it is expected for Feds to raise 75bps next two meetings but the market may begin to price in a 100bps raise given the higher than estimated numbers. $CRSP is coming out of a wedge and has been...

optionsswing

Alibaba $BABA is a Chinese E-commerce platform that flourished during COVID but is now struggling due to currency exchange, supply chain, and lockdowns in China. Bearish technicals show a bear flag with price right at the breakdown levels here. Downside levels are 94, 92, 89, 84. Stop loss 105. OptionsSwing Analyst Daniel Betancourt

optionsswing

AAPL I AAPL is up 20% from its recent bottom in June. It is forming a possible rising wedge pattern on the 4H time frame as it approaches earnings on 07/28. AMD I We caught the bottom on AMD a couple of weeks ago, now it is time to be cautious as it approaches key resistance near $90-$95. Reports earnings on 08/02. QQQ I We have a possible bear flag formation on...