On September 15th, Sean and Strazza hopped on a Twitter Live Stream to discuss a recent trade idea for All Star Charts Options Members.

Here's the play:

"We’re buying $CSCO January 70 calls for approximately 23 cents. These options are priced as a long shot and we’ll be treating it as such. I’m fully prepared to lose 100% of my capital on this trade if $CSCO doesn’t make the move we need. So I’ll be sizing my position accordingly.

But if it goes our way, we should get plenty of opportunity to take our original risk off the table along the way. My best practice is to sell half of my position when the value of the options have doubled. And I will do that in this case. Then I’ll hold the rest, looking for the big move.

If $CSCO gets to our 74 price target, those 70 strike calls will be worth at least $4.00 — probably more, depending on when that price is reached. $4.00 per contract would be 20x what we originally paid. YAHTZEE!"

To learn...

On September 8th, Sean and JC hopped on a Twitter Live Stream to discuss a recent trade idea for All Star Charts Options Members.

Here's the play:

"I like a $BSX Nov/Mar 50-strike Call Calendar spread for a $1.15 debit or cheaper. This means I’ll be long the March 50 calls and short an equal amount of November 50 calls for a net debit which represents the most I can lose in this trade if it short-circuits on us."

To learn more about the trade and the thinking behind it, click below to watch a replay of the Live Stream.

As our team has grown over the years, so has the amount of content we put out.

If you haven't already, I would encourage you to go subscribe to our YouTube Channel so you never miss an update!

I think you're really going to enjoy it.

In the early days of Crypto, we were taught to believe these were currencies.

And in the case of Bitcoin, maybe it is. But when you go down the cap scale, these things are no different than stocks.

For me they're "Tech" stocks. For Howard they're "Software" stocks.

Either way, we agree that these are just more stocks we can trade. And if you choose not to, well then you're leaving a lot of alpha on the table.

Why would you purposely choose to ignore this particular group of names?

Howard and I discussed all of this during a livestream this week.

Enjoy!

This week I had a chance to chat with my old pal Phil Pearlman, who's the Chief Behavioral Officer at Osprey Funds.

Phil and I have been talking markets regularly for over a decade, both behind the scenes and on YouTube.

Never in our wildest dreams did we think we would be here today discussing on-chain analysis of crypto currencies. But here we are!

In today's video we discuss two of my favorite gauges of sentiment, the exchange balances and the dormancy rates. We also touch on the current breadth in crypto markets as the percentage of coins breaking out to new 30 day highs continues to expand.

You guys know that I use Fibonacci levels to help us identify targets and manage risk.

And you've all seen it work, with your own eyes, for many years. I have too, of course, as one of the gang here calculating these levels every day.

But I've never quite understood WHY it works. How come these numbers keep showing up all over Nature. Why do the prices of stocks and other assets keep respecting these levels?

When I get asked, I don't have an answer.

But if there's anyone I'm going to ask, it's gonna be Bart. So that's what I did.

And figured why not share this with all of you?

This was a lot of fun!

Whenever Frances calls to chat about the market, she knows she's getting a yes!

Frances Horodelski and I have been doing this for about a decade, through multiple cycles. It's always fun!

She was hosting a commodities-focused show today so we discussed Metals and Energy.

I think there is a lot going on in this space and it's setting up for a big move.

We couldn't help but talk Financials and Crypto, but it was mostly Commodities.

Hope you enjoy!

The market has spoken.

You might have your conspiracy theories about market manipulation or inflation or whatever story they're telling these days.

But it's only the price that pays. We just want to sell things at higher prices than where we buy them.

And you're going to have a hard time finding a worse investment over the past year than Precious Metals.

I only live about an hour from New York City, but it was my first time back since March 2020. It felt good.

Manhattan had been my home for over a decade before I moved to California in 2015. I've been back on the East coast now for about a year and a half, but haven't been able to enjoy NYC for obvious reasons.

It was good being back. The sushi there is on another level. You don't get that sort of thing in the suburbs.

Anyway, I dropped by to see my friends at Ritholtz Wealth Management to talk all things markets, technical analysis, finding the strongest stocks and how the Heat & Knicks did in the offseason.

You can check out the complete podcast episode here, or watch some of the highlights in the video below:

The good folks at Stockcharts.com put together a fun panel and asked each of us to bring 2 charts: Which one tells the story of the first half the best? And which chart am I watching most as we head into the second half?

I've been friends with Jay Woods for a long time and I'm now getting to know John Kosar's work, and I can tell you these are some smart dudes. You want to listen to what these guys have to say.

Enjoy!

This is the video recording of the May 2021 Conference Call.

It's always nice to sit down and talk about what the future is going to look like.

Currently, the largest hotel chain in the world doesn't own any hotels (Airbnb). The largest taxi cab company in the world doesn't own any taxi cabs (Uber).

Will the largest bank in the world not own any banks? Howard Lindzon says yes, "Banks aren't dead, they're walking dead".

This was fun. I learned a lot.

It gives me more reason to keep an eye on opportunities in the Crypto Markets.

I'm a chart guy, as you're all well aware. Price drives all of my decision making. But if you're interested in what's happening behind the scenes (I am), then this one is for you!