Individual Stock Trades: FSLR, WMT, PYPL & More

Longs and shorts. Mind your Opex.

Author

Danny Riley
June 16, 2023

Follow @MrTopStep on Twitter and please share if you find our work valuable.

First, I want to again stress that I will be in no rush to put these trades on. Patience pays and waiting for the “fat pitch” is key in trading. I will not do so with large size, either. Quarterly Opex days are notoriously tough to trade. I would rather have a small win on small risk than shoot for a “big win” in a tough tape and eat a big loss as a result.

The market has been on a huge run (which is great, but makes it tough to initiate new positions) and the seasonalities after the June Opex are not great. I’m flagging some of these setups early, in the realization that they may pan out next week too.

With that, let’s look at a few longs and shorts.

Have a great, long holiday weekend everyone. Thank you for reading our work!

Walmart (WMT)

Subscribe to Premium to read the rest.

Become a paying subscriber of Premium to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Danny Riley's personal trading plan for the upcoming session
  • • Technical setups on the futures market, like the ES and NQ
  • • MIM-related data and our daily recap
  • • Breadth data and key upside and downside targets