Do not trade this tape today. The easy money has been made in the wild swing at the opening. The rest of the day will be chop, unless something extraordinary happens. This wild swing was a bulshit tape either way-in this market trade only lows-up and highs-down. forget about breakouts-remember the “perfect” breakout of XTO [...]

Xlf closed at 21 as I predicted early today. I am not bragging about my predictions. I decided to share with you guys my actual trading experience - day trading entry and exit points and some longer term predictions. I mainly trade highly liquid etf like xlf, qqqq, qid, qld primarily by options. I focus [...]

bought aug 24 xlf puts at 2.45 sold them at 2.85 (+40). XLF tape is too pro bearish might bounce back to 21.8-22. but otherwise goes to 21 for the day. be carefull better take profits if you have them

Like it or not USO at 99 as I predicted last Thursday just based on the tape. No further forecast is available-it can shoot from here or plugned 20 points.

bought more aug 24 xlf puts at 1.85 sold all at 2.26 (+.14)I do not like XLF tape it looks they may continue their squeez on financials.