Apr 01, 2019 — MONDAY PM
JOIN ME TONIGHT!: Please join me Monday evening (APR 1, 2019) at 6pm CT (7pm ET) for the Monthly Market Outlook for April and Q2. We’ll review charts, recent trades, and prospect for new opportunities during ths session. Join with this link: https://join.me/pivotboss
The ES, NQ, and CL each pushed higher throughout the session today, with Crude Oil leading the way up. Again, the bullish trending structures remain intact, so unless proven otherwise, the goal is to buy the dips. I’m currently holding mostly long candidates, but am holding a short in $STAY. I’m looking to add long calls in $YETI tomorrow morning. Here are the levels and candidates we focused on during the morning session of the PivotBoss Trading Room.
Topics Include:
- $WMB Holding MAY 29 calls at.73, looking for 1-2 week rally
- $MUR Holding APR 30 calls at.67, looking for 1-2 week rally
- $ACB Holding MAY 8 calls at1.35, looking for 2-week rally
- $STAY Holding MAY 17.50 at .70, looking for 1-3 week sell-off
- $VMW Holding MAY 185/190 call spread at 1.63, looking for 1-3 week rally
- $VZ Bought MAY 60 calls for .79, looking for 2-week rally
- $YETI Working buy order for MAY 30 calls for 2.60, looking for a 2-week rally
- Buy Candidates: $VZ, $YETI, $RH, $CHD, $MMM, $IIPR, $AAPL, $VFF
- Sell Candidates: $STAY, $SPLK
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss