Trade Today E Newsletter July 22nd, 2022

Tom Gentile

Posted in
Current Events

By: Tom Gentile
July 22nd, 2022

2 mins read

Sector ETF Performance and Money Calendar Continued

Let’s stick with the process brought to light to you all last week.

We looked at the 1-month sector performance seeing which sector had weakness and then looked for a security with a bearish Money Calendar pattern for which we would try and find a bearish option opportunity.

We are reversing that process a bit in that we are looking at a sector with a bullish 1-month performance that we can seek out a bullies Money Calendar patter and bullish opportunity.

Back to www.sectorspdr.com and the 1-month correlation tracker. Technology is strong and only trails the Consumer Discretionary sector.

S&P 500 Index

Technology has securities that tend to have more robust price moves so as we look to the Money Calendar data we see NVIDIA Coro (NASDAQ: NVDA) at the top of the list when sorted by largest Power Meter.

Power Meter measures avg. profit move over the period of days in the more recent few years vs the avg. profit over the past 10 years. If the avg, profit move in the more recent years is greater than that of the past  10-years that is a good sign.

There is more than one security that has that happen our tools just sort by the largest power meter to the lowest, (and we are researching further on NVDA as it has the highest power meter reading.

Tom Gentile's Money Calendar July 22, 2022

It is a 30-day pattern. It has a 90% accuracy. The avg. profit over this period of days the past 10-years is $6.62 pr 6.62 points.

NVDA July 22, 2022 to September 1, 2022
Image 42
Image 43

Option Strategy Consideration: Call Credit Spread

This is where one Buys to Open the lower strike Call and on the same order ticket Sells to Open a higher strike Call for the same months expiration.

Pure long call options we would consider have prices that exceed the amount we wish to spend on a per contract basis, which is why just the Call Credit Spread.

App: Toms Option Tools

Toms Option Tools scan the markets for bullish and bearish trade opportunities using our proprietary scans and strategy algorithms. TTR Darknet finds bullish entries based on triple stack channel collisions. Money Calendar identifies seasonal patterns with at least 90% accuracy looking back 10 years. Weekly Cash Clock finds short term opportunities that last a week on average. Microcurrency Trader applies Darknet technology and moving averages to cryptocurrencies. Velocity Trader utilizes volume spike and Velocity indicators on custom stock lists. Quantum Scripts scans the markets for momentum acceleration signals and employs Quantum noise filters. Optimal Trader finds directional pre-earnings opportunities that are optimized for entry date, stock movement, and volatility surge. My Trades tracks the profit/loss of your trades, displays stock charts and risk graphs, creates new trades, and edits existing trades. Morning Report provides top 10 option rankings in 6 categories each day.


Disclaimers

Stock and options trading has large potential rewards, but also large potential risk.

You must be aware of the risks and be willing to accept them in order to invest in the stock and options market. Do not trade with money you cannot afford to lose.

This is neither an offer to buy/sell/ or recommend a particular stock or option.

Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been actually executed, the results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with hindsight.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Disclaimer of Warranties and Liabilities Tom Gentile and TomsTradingRoom, LLC including employees, consultants, and editors (“Publisher”) cannot and do not warrant the completeness or accuracy of the content found in our areas, or its usefulness for any particular purpose.

Tom Gentile and TomsTradingRoom, LLC also make no promises that our content or the service itself will be delivered to you uninterrupted, timely, secure, or error-free. Under no circumstances will Tom Gentile and TomsTradingRoom, LLC be liable for direct, indirect, incidental, or any other type of damages resulting from your use or downloading of any content on our site.

This includes, but is in no way limited to, loss or injury caused in whole or in part by our negligence or by anything beyond our control in creating or delivering any portion of Tom Gentile and TomsTradingRoom, LLC.

You are agreeing that you bear responsibility for your own investment research and investment decisions. You also agree that Tom Gentile and TomsTradingRoom, LLC will not be liable for any I, investment decision made, or action taken by you, or others based upon reliance on news, information, or any other material published by Tom Gentile and TomsTradingRoom, LLC.

Tom Gentile and TomsTradingRoom, LLC relies on various sources of information that we believe to be accurate and reliable. However, we make no claims or representations as to the accuracy, completeness, or truth of any material contained on our site.

Tom Gentile and TomsTradingRoom, LLC are educational portals, providing content for educational and informational purposes only. Neither Tom Gentile nor TomsTradingRoom, LLC are a broker/dealer. Investors need a broker to trade stocks and options and must meet certain requirements. All securities, futures, and investments data and ideas are offered to self-directed investors. All prices in USD unless noted otherwise.

A full disclaimer can be found here:  http://www.tomgentile.com/legal_disclaimers.html.

Sign Up Now for Free Education!