Winning

Winning

Sunday, June 14, 2015

Watching the QQQ and SCHN Monday morning, looking for entry point

Today we watch the market to see what shakes out. It is my feeling that Monday the cubes will be up and waffle around a bit which would raise a few eyebrows. I am looking for an entry point for some QQQ puts. I am also going to be looking at SCHN steel for an entry point for some puts  as well.
SCHN steel had a bonehead upgrade which helped usher the stock up a bit. But it wont help when it reports in the coming week. My guess? A sizable drop, aided in part by the soon to be falling QQQ.
More in the morning. Stay tuned.​​

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