Thursday, March 12, 2020

Thurs 12 Mar 2020 Morning Notes

Hit my longest streak of bricks in a while. Had been trading well above an 80% win rate YTD, has dipped to 76% after this past week. No help when I bought put a long put when I meant to buy a straddle yesterday, quickly closed it for a -15% loss once I realized what happened, then watched as it ran to +50% on the day lol. Now I'm seeing all three of the positions I closed yesterday for losses up huge on this gap lower.

Market getting smoked here this morning, down close to 7% after Trump's nationally televised update on Covid-19. Not a knock on him, something had to be done, but might be a little late.

Earnings: Yesterday AMC: WPM;

Other News: Cruise lines getting absolutely thrashed this morning, down 20-30% apiece.

Follow Through Names to Watch:




Follow through watch:

Day before Y'day AMC: CLDR, PETQ, KFY, CCXI, CNST
Yesterday BMO: OPDD

Y'day Other News:

2 days ago AMC: SFIX; CASY
2 days ago BMO: MTN

2 Day Old News: CY: +46% at 22.30 after M&A deal gets approved;

TT Track of the Day: K

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