New Buys – 12/13/2021

New Buys – 12/13/2021

The Founders Group is adding another 5% each to the existing SPY and DIA calls here on the five-day lines, 467.75 and 357.25, respectively. This brings each position to 30% for an aggregate 60% commitment to the markets.

Be mindful of the leverage. These are big boy positions.

The market moved back into the balance range per the morning discussion and we are entering at the range bottom, coinciding with the five-day line.

A material close below the five-day lines remains the stop.

A.F. Thornton

AF Thornton

Website: https://tradingarchimedes.com

A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.

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