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Saturday, October 1, 2022

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Google about to make a run at $400

Google is consolidating into a nice flag and looks like it will finally make a real run at $400 around lunchtime.

I still maintian that it is doubtful they can hold this position but they need a move over $397 to flush out another 10,000 > $390 puts before the stock can really run down. A move up to $400 should just do the trick!

Again, no trade here (I do have a $400 call I will be itching to sell) because it’s way too risky!

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Do not be a pig on SNDK and RHAT! Both looking like huge winners.

*** Crude was finally drawn down today, that should stop the energy sell-off for a little while. ***

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