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15 FB QQQ SPY trending higher while VIX is at 52 week lows. QQQ SPY trending higher while VIX is at 52 week lows. Earnings not until the end of the month.

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Presentation on theme: "15 FB QQQ SPY trending higher while VIX is at 52 week lows. QQQ SPY trending higher while VIX is at 52 week lows. Earnings not until the end of the month."— Presentation transcript:

1 15 FB QQQ SPY trending higher while VIX is at 52 week lows. QQQ SPY trending higher while VIX is at 52 week lows. Earnings not until the end of the month but Fed Beige book release on 011613 could cause volatitilty. Earnings not until the end of the month but Fed Beige book release on 011613 could cause volatitilty. Entering a possible supply zone after a strong uptrend move. Entering a possible supply zone after a strong uptrend move. BUY THE RUMOR AND SELL THE NEWS BUY THE RUMOR AND SELL THE NEWS 2013 0115-0116 +5.27%SHORT 31.29 29.64

2 FB 1. BEFORE THE TRADE WAS EXECUTED 2. TRADE AT THE ENTRY OF THE POSITION 3. TAPE DURING THE OPEN POSITION 4. TAPE AT THE EXIT OF THE POSITION 5. TAPE AFTER THE POSITION WAS CLOSED. 011113

3 1 FB 1. BEFORE THE TRADE WAS EXECUTED 1 1 011113

4 1 QQQ 011113 THOUGHTS: Even though the market is trending higher, extended stocks can still pullback Or start selling off before the market turns lower. However, you are going against the general Tide if you short an uptrending market so a tight stop loss needs to be in place.

5 1 SPY 011113 THOUGHTS:

6 1 VIX 011113 THOUGHTS:

7 1 FB 011413 THOUGHTS: After a nice run up since mid-November (15 day run into December consolidation) And then another move higher for first two weeks of January 2013 (11 days), the trend seemed extended, going from around 17 to 32 in less than two months.

8 1 FB 011513 THOUGHTS: This was the announcement later in the trading day.

9 1 FB 011513 THOUGHTS:

10 1 FB 2. TRADE AT THE ENTRY OF THE POSITION 2 2 011513 STOP LOSS 32.00 TARGET EXIT 28.50-29.50

11 1 FB 011513 THOUGHTS: Market was trading sideways.

12 1 FB 011513 THOUGHTS: The view on the HTC Trading by phone. The trade worked right away. A 31.29 price was executed with a market order indicating a lot of buyers pushing the bid higher.

13 1 FB 011513 THOUGHTS: The view on the HTC Trading by phone. The trade worked right away. A 31.29 price was executed with a market order indicating a lot of buyers pushing the bid higher.

14 1 FB 3. TAPE DURING THE OPEN POSITION 3 3 011513

15 1 FB 011513 THOUGHTS: Markets close the day higher even though FB sold off.

16 1 FB 011513 THOUGHTS: Markets close the day higher even though FB sold off.

17 1 FB 011513 THOUGHTS: QQQ SPY after hours.

18 1 FB 011513 THOUGHTS: SPY holding above 10 dMA, trending higher.

19 1 FB 011513 THOUGHTS: The trade continued its downward movement twenty to thirty minutes later as the news conference continued.

20 1 FB 011513 THOUGHTS: Other tape action and after hours movement.

21 1 FB 011513 THOUGHTS: The short trade worked from the start today and continued To work into the close and after hours.

22 1 FB 011513 THOUGHTS:

23 1 FB 011513 THOUGHTS:31.50 to 32 was the supply or cover short zone.

24 1 FB 011513 THOUGHTS: FB was pulling back to the 10 dMA and held around 30. I expect it to Go to 28-28.50 demand zone and hit 20 dMA as well near 28.50 by 011612.

25 1 FB 011613 THOUGHTS: Pre-market movement on the second day.

26 1 FB 011613 THOUGHTS:FB was moving higher in pre-market trading but couldn’t budge past 30.43, which Proved to hold as hours opened.

27 1 FB 4. TAPE AT THE EXIT OF THE POSITION 4 4 011613

28 1 FB 011613 THOUGHTS: With markets trending higher into the Fed Beige Book announcement and FB hitting 5% gains in less than 24 hours, it was time to exit to avoid the most likely bounce back as the markets drifted higher. To get to 28.50 could take another 2-5 days, so with the current market trending higher, position was exited.

29 1 FB 011613 THOUGHTS: GOOG mobile viewpoint.

30 1 FB 5. TAPE AFTER THE POSITION WAS CLOSED. 5 5 011613

31 1 FB 011613 THOUGHTS: S&P500 is getting ready to make 5 year highs so get out.

32 1 FB 011613 THOUGHTS:

33 1 FB 011613 THOUGHTS:

34 1 FB 011613 THOUGHTS:

35 1 FB 011613 THOUGHTS:

36 1 FB 011613 THOUGHTS: Intraday, I left right near the day’s low.

37 1 FB 011613 THOUGHTS: After a three day sell-off, expect a bounce back?

38 1 FB 011613 THOUGHTS:

39 1 FB 011613 THOUGHTS:

40 1 FB 011613 THOUGHTS: More FB charts will come tomorrow, next week and 1 month from now along with market charts to determine if the entry and exit points were well chosen.


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