Apr 12, 2019 — FRIDAY AM
WATCH THE APRIL MARKET OUTLOOK RECORDING: Watch the replay of our April market outlook webinar, which reviews some of our candidates from Q1, and also provides great new candidates for Q2: http://pivotboss.com/2019/04/02/pivotboss-monthly-outlook-apr-01-2019-q1-winners-and-q2-prospects/
The ES began the day strong and continues to trade above recent highs, despite lagging efforts from both the NQ and CL, which remain within their respective ranges. My $VMW, $RH, $MXIM, and $CGC positions are doing well today, with more potential upside ahead. I’m also looking at adding a call spread in $TNDM as soon as the order fills. Here are the levels and candidates we focused on during the morning session of the PivotBoss Trading Room.
Topics Include:
- $ACB Holding MAY 8 calls at 1.35
- $RES Holding MAY 13 calls at .55
- $TMUS Holding 2/3 position MAY 70 calls at 2.45, took profits on 1/3 position at 3.85
- $VMW Holding 1/2 position MAY 185/190 call spread at 1.63, took profits on 1/2 position at 3.15
- $RH Sold APR 115/110 put spread for 3.45, took profits on 1/2 position at 1.70
- $MXIM Holding AUG 60 calls at 2.45
- $YUMC Working order to buy MAY 42.5 calls for 2.40
- $TNDM Working order to buy MAY 70/75 call spread for 1.35
- Buy Candidates: $HSIC, $BAX, $YUMC, $ALK, $WM, $MOMO
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss