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2022

STIMULUS–COMPOUNDER

STRATEGY

 

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Other Strategies Traded for 2022

 

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Lotto Trades

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SGB Trades

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White Whale

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Updated 10-22-22

 

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2022 Weekly Commentary

(Previous Comments)

 

Updated: 10-23-22

Greetings Traders!!!

 RED ALERT!!!

 The past couple of days I have noticed multiple SGB’s on the  SAME DAY for dozens of stocks I follow—which I have not seen for a long time.

 Will this BEAR market rally be the beginning of the massive fall (1929-style crash) or did the BULLS take over and its blue skies into the elections and beyond?

 Today, news came out that the Federal Reserve governors are talking about backing off aggressive rate hikes in December and that sparked a nice rally. Since there is already a 0.75% priced-in for 11/2/22; which is just ahead of the mid-term elections; I do not think their plans are to upset the elections with a surprise hike.

 In the past, when I have seen multiple SGB’s show up after multi-down days, that is typically the “bottom” of the trend, but since we are in a BEAR market, you have to be careful not to get too aggressive on CALLS.  

 Here are some charts to show what I am seeing:

 

 

 

 

 

 

 

 

 

HMMM…there are NO SGB’s on the Russell, but we do have the Squeeze “red” dots too.

 

  

Today’s rally had all these indexes stopping right at their last SGB’s so I am expecting some good moves in the coming days.

Here are some of the stocks I watch, and almost ALL of them had an SGB on the same day!

 In my professional analysis, that is significant, and you can expect a BIG MOVE is imminent on the entire stock market!!!

  

 

 

 If you are unfamiliar with my SGB’s indicator, then be sure to review the training module so you understand how significant they are and how to profit from them!

Looking over the past few multi-day rallies/drops in the SPY, it has moved 15 – 20 handles in a single day and 40+ handles in 11 days, so I have begun to buy some LOTTO TRADES on the SPY for 10/31/22 expiration up to 40 handles OTM (388 – 400 CALLS and 345 – 333 PUTS).

 I would suggest you consider CALLS up to 400 and PUTS down to 333 strikes with a MAX spend of $0.20 or less.

 NOTE: If you have a small account, then you can do spreads to lower the entry price, but you do cap your upside potential

 The next FOMC rate announcement is on 11/2/22 and then the midterm elections on 11/8/22, so most of the time, the markets move ahead of a major announcement and then pull back—buy the rumor sell the news.

 If we do not get the anticipated moves by 10/31/22, then I will be adding longer expiration dates beyond the elections for the potential reactions after the results.

Anytime you buy OTM options, these are 100% pure Las Vegas-style speculation, so NEVER bet the farm and utilize profits from SSX and SC strategies to finance them.

Get ready for a roller coaster ride in the coming weeks!

Profits UP!

Frank

The don Franko 

 

 

 
 

 

 

 

 
 
 

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