All Allan - Blue Line Trading Market Newsletter

1-2-3

 Unfolding Len Barry 1-2-3   

GM

What are the chances that GM will be cut in half by Sep 16th? The Sep 16th $32P is trading at about $2.10-2.15. At GM $16, those puts will be worth...

Mid-Year Review

Following up from two weeks ago's, "Bit O'Coin" update, Bitcoin is not doing much better this 4th of Day Weekend, trading this morning at around $1...

Bit O' Coin

Bitcoin is trading well under $20K today (Sat) and is starting to raise a red flag for global equities this coming week. There are nine trading da...

Thank You Sir, May We Have Another?

Updating the option trade described in the Best Bet On The Board post from Thursday, this is what happened to IYR during the past two trading sessi...

Best Bet On The Board

 IYR Intermediate Term Trend & EW Count This is one of our easiest, not to mention laziest, positioning bets on our bear market summer the...

SIGA

Blue Line PRO - Special Situation

Still Ahead: Circuit Breakers

  I posted the QQQ Intermediate Term chart in the previous Pièce De Résistance post, dated April 22nd. The index has since fallen from 328 to 305,...

Pièce De Résistance

This is a chart of GOOGL going into the close on Friday. We do not trade GOOGL because the options are so expensive, but we do trade the next best ...

Second Chances

I pounded the table for TSLA in late 2019 when Cathie Wood of ARK Invest had a $4,000 price target on pre-split TSLA while it was trading around $...

Orgasm

The Fibonacci extension tool is best used to isolate profit targets for extended trends on all time frames. We used it regularly [and still do] du...

Interest Rates: How This 1000% Increase Will Overwhelm… Everything?

This content is from Elliott Wave International and it is worth reading if for no other reason than to explain why it is different this time. My pr...