SBUX, one of my holdings, opened comatose at the upper end of yesterday's trading range following a bear signal at Wednesday's market close.
Indicators:
- Blue chips (SPY) open at 112.77, entered bear mode at close on Dec. 8 (at 109.61)
- Fear index (VIX) 19.96, bear (bullish for stocks), Dec. 22 (20.49)
- Treasury long bonds (TLT) 89.76, bear, Dec. 21 (91.14)
- Gold (GLD) 107.98, bear, Dec. 17 (108.00)
- Oil (USO) 39.39, bull, Dec. 16, (36.74)
- Dollars per euro (EUR/USD) 1.4337, bear, Dec. 4 (1.49)
- Yen per dollar (USD/JPY) 92.41, bull, Dec. 15 (89.60)
Holdings, January expiry, no new signals:
- KO, iron condor (p50/-p52.5/-c57.5/c60) 57.58, bear, Dec. 29 (57.74)
- LVS, covered call (-c16) 15.08, bear, Dec. 18 (15.29)
- SBUX, bull put spread (p22.5/-p24) 23.34, bear, Dec. 30 (23.31)
- SMH, bull put spread (p27.5/-p29) 28.20, bull, Dec. 21 (27.62)
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