December 7

Momo Market Roundup, 12/6/2021 — Our Members Kill It on SPY, AMZN, and More


My Students are Amazing

Amazing pre-market prep today. I couldn't be more proud of the growth I'm seeing in the Edumomo members. They're making some absolutey banger calls. Just a few examples from today:

  • SPY 455 calls that went from $2.40 to $5.
  • An Amazon (AMZN) short idea from my 3470 watchlist level that went from $30 (with stops at $29) to over $45.

Those are my students' ideas, and I'm a happy teacher.

TSLA Double-Tap

We took 900 puts on Tesla (TSLA) when the stock opened right at our 950 watchlist level. Those puts went from $15 to over $22. 

We then turned around and sold our 880 puts for $18. They closed the day worth $2.41. Want to have that kind of timing yourself? Ask me sometime about the Premium Selling Momentum technique.

MRNA Fails

Moderna (MRNA) broke range to downside and failed down to the 275 level. We missed our second-day target of 250 by only five points. Nice big range mover!

On Watch Tomorrow

Coupa Software (COUP) is dumping. We may see it dip as low as 145.

Mongodb Inc. (MDB) is a beast right now. We're watching it closely for a dip and trend.

Member Trade of the Day

Edumomo member GenepoolChlrn8r takes the cake today, with six trades (BABA, UPST, DOCU, PINS, MRNA, and PTON) for a monster 28.8% gain. Savage!


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