John Thomas / The Mad Hedgefund Trader

Don’t know what to think of it, premarket seems positive with the exception of Banks

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Is there anywhere simple to view pre-market?

@101 I use marketwatch.com - can see all the premarket activity for each share, and it shows you the ‘futures’ of the overall market when the market is closed.

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I use seeking alpha app - convenient on the phone

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Per his latest email he is very bullish!

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Looks like the Biden win and the markets are rallying exactly like John Thomas mentioned.

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looks like he has another of his webinar on the way too

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To be fair I think he covered most options :sweat_smile:

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Mad Hedge Fund up 47% this year

https://www.madhedgefundtrader.com/hot-tips/

2 more trade alerts:
JPM’s is a pdf.

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3 day S&P rally

https://www.madhedgefundtrader.com/hot-tips/

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Future suggestions on Health stocks:

Temporarily bearish on gold:

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Sounds like he’s not hot on weed & hotel stocks

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It seems like he is also bullish about Twitter:

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Today’s insights

https://www.madhedgefundtrader.com/hot-tips/

This is a closed position on barrick
Also closed amgen

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So instead of closing the actual bullish position he buys the opposite bearish trade to cancel out?
Why would you do that? Doesn’t this involve trading double the money (two trades) and letting the time decay continue?

Or is it just his way of signalling that he is closing a position?

Buy/sell to close is a way to exit a short/long position

It’s important to have this context when posting his positions. You can see recent trades by searching “trade alert” on his website. If it’s “buy” then he’s opening a new position. If it’s “sell take prifits” or “sell stop loss” then he’s closing

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Thanks @J4ipod94, I just searched it on his site and you are correct.

Thank you for the explanation, I didn’t get it before, but I see what you mean now :slight_smile:.
I completely missunderstood it earlier.

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https://www.madhedgefundtrader.com/the-market-outlook-for-the-week-ahead-or-the-roaring-twenties-have-just-begun/

He has closed several positions today as well as opened on Paypal and Silver (both bullish call spreads):
imagen

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