{"id":66087,"date":"2023-01-30T09:04:55","date_gmt":"2023-01-30T14:04:55","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=66087"},"modified":"2023-01-30T09:04:55","modified_gmt":"2023-01-30T14:04:55","slug":"scott-redler-dog-bytes-lucid-lcid","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2023\/01\/30\/scott-redler-dog-bytes-lucid-lcid\/","title":{"rendered":"Lucid Doubled – Now I’m doing This"},"content":{"rendered":"

We have mostly red arrows around the world after a big start to 2023. Spain's Hot CPI is putting some pressure on Europe, and most of China is lower after their holiday week.<\/p>\n

SPX<\/b>\u00a0futures are -36 after hitting a high of 4094 Friday. We'll see if the 4039 area can hold this morning with 4015 a bigger spot. The FOMC is Wednesday, with many big earnings reports in the mix —\u00a0AMD<\/b>,\u00a0XOM<\/b>,\u00a0META<\/b>,\u00a0AAPL<\/b>,\u00a0GOOGL<\/b>, and\u00a0AMZN<\/b>.<\/p>\n

SPY<\/b>\u00a0gave us a very tradable move as it hit a high of $408.62 before fading a bit Friday. This morning we'll see how it handles $402ish. $400 is a bigger spot. If you are thinking there can be one more move higher this week, $408 or $410 lotto calls for Wednesday or Friday may be worth a look.<\/p>\n

Now let's look at some individual names.<\/p>\n

LCID<\/strong> was a great grab Friday as our eyes were on it with the TSLA<\/strong> strength. It doubled intraday to take some off. I also took some home. I trimmed most of my position above $14.50 pre-market. See how it holds up.<\/p>\n

NIO<\/strong> hit $13.20 last week. I'm still long. If TSLA<\/strong> continues, this should have more room. It needs to hold $11.90.<\/p>\n

TSLA<\/strong> changed January 6 and became my #1 P&L driver for 2023. Many did well with call spreads into earnings or buying it vs. $154.76 the day. It hit $180.76 Friday. We'll see how it reacts for active cash flow today. It just had a big move, so let it do some price discovery.<\/p>\n

RBLX<\/b>\u00a0is tight. Some are long vs. the $34 area. Others are waiting for a high-volume move above $38ish.<\/p>\n

AMD<\/b>\u00a0ignited above $65 a few weeks ago and cleared $72.60 Monday to see $77+ last week. It went red to green after INTC<\/strong>. Earnings are on Tuesday. See if can hold hold $73ish for now.<\/p>\n

Scott Redler's positions disclosure as of 2023-01-30 at 7.23.09 AM<\/em><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

We have mostly red arrows around the world after a big start to 2023. Spain’s Hot CPI is putting some pressure on Europe, and most of China is lower after their holiday week. SPX\u00a0futures are -36 after hitting a high of 4094 Friday. We’ll see if the 4039 area can hold this morning with 4015 a bigger spot. The FOMC is Wednesday, with many big earnings reports in the mix —\u00a0AMD,\u00a0XOM,\u00a0META,\u00a0AAPL,\u00a0GOOGL, and\u00a0AMZN. SPY\u00a0gave us a very tradable move as it hit a high of $408.62 before fading a bit Friday. This morning we’ll see how it handles $402ish. $400 is a bigger spot. If you are thinking there can be one more move higher this week, $408 or $410 lotto calls for Wednesday or Friday may be worth a look. Now let’s look at some individual names. LCID was a great grab Friday as our eyes were on it with the TSLA strength. It doubled intraday to take some off. I also took some home. I trimmed most of my position above $14.50 pre-market. See how it holds up. NIO hit $13.20 last week. I’m still long. If TSLA continues, this should have more room. It needs to hold $11.90. TSLA changed January 6 and became my #1 P&L driver for 2023. Many did well with call spreads into earnings or buying it vs. $154.76 the day. It hit $180.76 Friday. We’ll see how it reacts for active cash flow today. It just had a big move, so let it do some price discovery. RBLX\u00a0is tight. Some are long vs. the $34 area. Others are waiting for a high-volume move above $38ish. AMD\u00a0ignited above $65 a few weeks ago and cleared $72.60 Monday to see $77+ last week. It went red to green after INTC. Earnings are on Tuesday. See if can hold hold $73ish for now. Scott Redler’s positions disclosure as of 2023-01-30 at 7.23.09 AM<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-66087","post","type-post","status-publish","format-standard","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/66087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=66087"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/66087\/revisions"}],"predecessor-version":[{"id":66094,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/66087\/revisions\/66094"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=66087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=66087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=66087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}