Samantha's RECORDED Live Trading Room - 1/14/25
With #LTR Notes - by Samantha, Rithika and Mikey
Samantha’s Live Trading Room Summary 1/14/25
SWING CALLOUTS:
Fabulous continuation Swing/Trend longs in rec’d LNG, EQT from last year and AR, CRK this year.
The election bump in LNG alone is up from 193 to 242!
Client Anne’s rec’d of EQT at 36 is now pushing on ATH at 52
My rec’d AR trendline breakout at 32 now 40.
And my spec rec’d CRK has risen 17 to 21.
Swing long KMI + WMB since MAY of last year, are doing amazingly. (Thank you client Aaron for this idea!) WMB picked up another 9K contracts for MAY $60C today.
Fabulous continuation short in MCD into my PT which I was convinced would happen from OCT but then said 3 wks ago said: “It’s Time”. JUST HIT: 279.50!!
I am nothing if not persistent ;-)
CHASE CALLOUTS:
ANF continued short, from the anemic bounce pre-market into near 139 (but below key 142) again rolled over to 129. Needs to break this for more: 122.25 next.
LLY short caught before I even knew the news that they guided low for 2025. This was a great rejection of 800 pre-market (strong monthly resistance), down + through key 742 PT. Needs to break this to continue into 672.62 PT. Add time.
META short into 55D overshot and is just not strong < 603/609, but ideally needs to get back < 593.
MACRO CALLOUT:
Bonds did not care about the monthly tick lower in PPI, nor should they. But they will care once my 10Y2Y yield curve hits +45, which is fast approaching (now .426). And they will probably care about CPI next month, given the higher energy prices we had, but for tomorrow’s Dec print … not-so-much. Bonds will really care about BOJ hiking rates if they follow through. For now, the rising JPY 10Y yield spiking to 1.25% will start to matter to US bonds and Yen.
TLT Feb 85C/85P bull risk reversal is cheap here (cost is a nickel), if you want to play a potential bounce on CPI, TRUMP, PEACE, YEN bounce… and yet, I have nothing yet technically to say bonds are done going down.
MARKET VIEW & THEMES: