Apr 15, 2019 — MONDAY 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 and NQ pulled back early in the day, but held retests of of 2900 and 7600, respectively, which are important swing levels that bulls want to keep bid today. Holding these levels suggests more upside in the near-term. Crude Oil may be looking for a retest of 63s before a bounce occurs. 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 Holding 1/2 position 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
- $TNDM Holding MAY 70/75 call spread at 1.35
- Buy Candidates: $CCI, $XEL, $TSG, $HSIC, $BAX, $YUMC, $ALK, $WM, $MOMO
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss