#$BAC

[dragonflycap]

5 Trade Ideas for Monday: Apple, Bank of America, Bristol-Myers, BP and eBay

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Apple, Ticker: $AAPL

Apple, $AAPL, comes into the week consolidating just under the all-time high. It has a RSI rising in the bullish zone with the MACD flat and positive. look for a push over resistance to participate…..

Bank of America, Ticker: $BAC

Bank of America, $BAC, comes into the week at a 2 year high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Bristol-Myers Squibb, Ticker: $BMY

Bristol-Myers Squibb, $BMY, comes into the week trying to reverse higher. It has a RSI climbing out of oversold with a MACD curling up. Look for continuation to participate…..

BP, Ticker: $BP

BP, $BP, comes into the week at short term resistance. It has a RSI at the midline with the MACD crossing up. Look for a push over resistance to participate…..

eBay, Ticker: $EBAY

eBay, $EBAY, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Start of Summer Annual Sale! Hi all the Start of Summer Annual Sale is on at Dragonfly Capital. Get an annual subscription for 38.2% off or pay quarterly for 15% off. Both auto-renew at that discounted rate until you decide to leave.

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the month of May in the books, saw equity markets showing some signs of weakness following divergences last week.

Elsewhere look for Gold to continue its consolidation in the uptrend while Crude Oil consolidates in a narrow range after a pullback. The US Dollar Index continues to drift to in broad consolidation while US Treasuries continue their downtrend. The short term move higher in the Shanghai Composite looks to be at risk of reversing while Emerging Markets enter a short term downtrend.

The Volatility Index looks to remain very low and stable making the path easier for equity markets to the upside. The charts of the SPY and QQQ look strong on the longer timeframe, but with a possible momentum reset continuing in the short run. On the shorter timeframe both the QQQ and SPY have reset to their 20 day SMA’s where they often find support. How they react next week could tell if this week was meaningful or not. The IWM continues to be the laggard, stalled near the top of a 2 year range. Use this information as you prepare for the coming week and trad’em well.

[a-moth-called-mof]

WE'RE BACK? I GUESS????

[raycatzdraws]

LU WIND BUT HE'S A ITTY BITTY HUMMINGBIRD

Slingshot Proficiency!

+bonus doodle drafts

[smolfux]

so i've been playing stardew valley lately 💭💭

[intotheelliwoods]

Follow up to this! <- <-

Heres they are!! As a Leo formed out of self love, I think they deserve to admire themselves in a mirror, the Poptart half is very curious about their new look :)

[curaree]

been reading dungeon meshi lately

[iced-souls]

Uhm, possible spoilers i think for Marble Sky [made by @somerandomdudelmao in which you should go and check out if you haven’t read rn cause they be very cool very cool and very cool]

but—OMG I LOVE THIS BIRB AUUUHGHGHHGUGHUHURHUEHGI—

IN WHICH THEY ARE PERFECTLY FINE AND WE SEE SO SO MUCH OF THEM NYYYGUUH—

Guys guys guys — please trust meee she is A-OK and she is gonna be a teacher to Oscar as they make a pacifist alien befriending club

I am not in denial i have no clue what you’re talking about—

I ain’t got a clue what these so called ‘jars’ even look like yet but i sketched a thing out immediately and then at that point my intrigueness started to fade, and then the ref came out and for some reason that boosted my interest even further. But i know what a bird’s brain looks like now so thats something.

I just think she seems very cool

I may have also did some other doodles a week or 2 ago that i didn’t post cause the social of anxiety was kickin in high those days but I’ll put them under the cut if thou wishes to see

That is all ok buh byyeeee go see marble skiessssss

[henk-heijmans]

Spring in Bac Ha, Vietnam, 2022 - by Khánh Phan, Vietnamese

[blackmonitor]

My first Rex! For @bucketking 💙

Discord / Patreon / Redbubble

[backpackingspace]

Odysseus with his head in his wife's lap, happily not paying attention to anything, humming one of athenas song and carving something

Some random guy: your majesty----

Odysseus: not bothering to sit up: whatever my wife decided is fine.

[dragonflycap]

4 Trade Ideas for the Bank of America: Bonus Idea

Bank of America, $BAC, comes into the week at short term resistance. This is midway through retracing a pullback to the 200 day SMA at the beginning of August. The Bollinger Bands® have squeezed, often a precursor to a move. The RSI is on the edge of the bullish zone with the MACD moving to positive. There is resistance at 41 and 42 then 44.15 and 46 before 48.50 and 50. Support lower is at 40 and 38.50. Short interest is low under 1%. The stock pays a dividend with an annual yield of 2.58% and has traded ex-dividend since September 6th. 

The company is expected to report earnings next on October 15th before the open. October options chain shows big open interest at the 40, 39 and 37 strikes on the put side. On the call side it is biggest at 42. The November chain has biggest open interest at the 37 and 36 put strikes. The call side is largest at 45 then 39 and 40 strikes. Finally, the December chain has biggest open interest at the 35 put and 50 call strikes.

Bank of America, Ticker: $BAC

Trade Idea 1: Buy the stock on a move over 41 with a stop at 39.50.

Trade Idea 2: Buy the stock on a move over 41 and add an October 40/38 Put Spread (60 cents) while selling the November 44 Call (45 cents).

Trade Idea 3: Buy the October/November 42 Call Calendar (55 cents) while selling the October 38 Puts (36 cents).

Trade Idea 4: Buy the December 38/42/47 Call Spread Risk Reversal (7 cents).

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the September FOMC meeting and Options Expiration, saw heading into the last full week of September, equity markets showed strength following the FOMC’s first rate cut in 4 years.

Elsewhere look for Gold to continue its uptrend while Crude Oil bounces in its downtrend. The US Dollar Index continues to hold lower in consolidation while US Treasuries are failing at levels that could reverse to an uptrend. The Shanghai Composite looks to continue the bounce in  the downtrend while Emerging Markets rise in consolidation.

The Volatility Index looks to remain low and stabilizing making the path easier for equity markets to the upside. Their charts look strong, especially on the longer timeframe with the SPY making a new all-time high Thursday, breaking a range.  The IWM and QQQ are holding up on the edge of a range break to the upside. On the shorter timeframe the SPY is also strong with the IWM and QQQ building momentum as price reaches the August highs. Use this information as you prepare for the coming week and trad’em well.

[ca-dmv-bot]

Customer: I SELL VEHICLE BACK END PRODUCT FOR A LIVING DMV: COULD BE A SEXUAL TERM BACK END BUTT Verdict: DENIED

[luminiciant]

BAC c:

[goldkirk]

I don’t know how to explain any more clearly that it doesn’t MATTER if it seems legitimate to you. You have got to fact check every single headline and post and claim on the left just like you need to do on the right.

The left is NOT immune to misinformation and rushed reporting. And the more emotionally polarizing or shocking the talking points, sound bytes, and headlines are, the worse it is and more frequently it happens.

Learn to verify through multiple independent sources. If you can’t do that, you can’t trust it.

If you have to wait extra hours for the real information to come through vetted channels—NOT just one individual somewhere everyone links to, and not just one single media source either, EVEN if it’s a major news network—thats just how it has to be. What news outside of genuine local disasters near you TRULY needs your outrage and post-sharing in the next hour specifically?

Misinformation works best by not seeming like misinformation and by fitting in with the rest of what you already expect to see. It doesn’t help anyone to not be able to recognize and avoid the stuff.

[happyk44]

Jason who immediately loses respect for people who don't own up to their mistakes vs Annabeth who would rather die than admit she made a mistake

[moonlynn]

[NO CC] Three houses for your Sims 2 game

I made these when I started played Sims 2, almost four years ago. I decided to give them a little renovation and share with you guys! These are not starter homes and are already furnished. Two of them are family houses and one not, but, as they're build in 3x3 lots, you can easily make them bigger or smaller.

(click on the image to enlarge it)

DOWNLOAD: sfs

DOWNLOAD: sfs

DOWNLOAD: sfs