7:00 AM
I was in training for a whole day yesterday. No way to access online. I had to put a couple of GOOG call buy orders by automatic trade, although the entry point is definitely not good. Basically, I was in active buying yesterday.
Although the after hour trade yesterday was very gloom. The all 3 major indices were up a fraction. The last 3 days are a typical 3 wave correction if looking in 15-minute chart. The pre-market this morning is up. The major thing in this week is the unemployment report at 8:30 am. I am kinda having some ideas of how the street playing with this event. BTW, the job report is the most important report for the market. For this whole week, the market activities are all around this report. The market had setup an uptrend on Monday, then started a 3-day minor correction. Today, market will do an uptrend again, which should last for a few days.
9:30 AM
You can tell INTC has problem. Seeking to exit it soon. (I have sold it at noon, but still holding the losing call options)
4:45 PM
What a day! The indices are actually not moving very big. But QQQQ is moving great. Around 1:00 pm, I have noticed that the option with higher beta doesn't move as fast as lower betas, so I shift Apple calls from high beta to low beta. I expect this rally continues on Moday.
Home work, read a book on options trade with more details.
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