Facebook Twitter YouTube

Having trouble viewing this email? Click here

Prepared by and Scott
Writing under the nom de plume of J.L. LORD

Thursday | May 28, 2020

Hello Eizell.




In the Morning Report I did yesterday, I stated we would close above 3,000. It is almost predictable that we would have done it yesterday, today or Friday at the latest.


We did have one scare with China news suggesting that they had essentially taken over Hong Kong economically and politically. Of course they want to, the semi-democratic Hong Kong is the only place with money in China. Hitler took over other countries, in part, of their money.

Once the initial knee-jerk reaction lower ended, the market made a recovery back to the 3,000 SPX line. There, the market stood for a while as sectors changed leaders. Travel related beaten-down stocks led the market higher (and the Dow), while tech companies like AAPL were under selling pressure.

On the close, the market had a capitulation short-covering move higher to close at SPX 3036.13 (1.48%). The market is now only down -6.02% for the year. Meanwhile travel and vacation stocks rose higher once again. The Dow is up more than 1,000 points in 2 days.

Need an example?”

AAPL closed higher by 0.44%
TSLA closed higher by 0.17%
AMZN closed lower by -0.47%

BA closed higher by 3.3%
CCL (Carnival) closed higher by 5.9%
AAL (American) closed higher by 7.5%


TODAY: May 28

MEDIUM TERM – Consolidation around 3,000
LONG TERM – NEW ALL TIME HIGHS (possibly), and then a NASTY trade war sell-off

Yesterday was a little overdone. I would not be surprised if we had a hard time getting higher.

I am still standing by my prediction (made December 31, 2019) that we will be positive for the year and making new all-time highs by the end of the year. I maintained this stance even when the SPX was down -35% for the year.

S&P 500 Price Limits

From 8:30 a.m. to 2:25 p.m. CST, there are successive price limits corresponding to 7%, 13%, and 20% declines below the previous trading day’s reference price.

From 2:25 p.m. until the 3:00 p.m. CST close of the cash equity market, only the 20% price limit will be applicable.


Average year with lots of intermittent volatility
(-6.02% so far)

POT Logo


Up and Running for POT students (so far).

Really quickly...

To help in your quest for the best possible options trading outcomes, we would like to know what level of options trading knowledge and skills you currently have. Please click the button below to indicate what level of trader you are? Please skip if you already responded. Thank you for participating.

P.O.T. Schedule



Trading is a tough job on a stomach void of coffee and humor.
You provide the coffee and we will take care of the rest.



For education purposes ONLY. Please read the disclaimer below. We do not care if you agree or disagree with it—that is the rule. ​​​Stratagem Trading (Stratagem: “,” “Stratagem”), and any of its possible affiliates, respective independent contractors, employees, officers, or agents are not acting as licensed financial advisers, registered broker-dealers,tax advisers, etc. (although some individuals may or may not hold a license). Furthermore, they do not provide financial advice, make recommendations, or conduct business by transacting trades. Stratagem Trading adamantly states that nothing in this communication constitutes a solicitation, promotion, endorsement, offer or recommendation to buy or sell any investment, mutual fund, debt instrument, commodity, derivative product or security as described herein.

Stratagem does NOT offer auto-trades. Case studies being provided are historical examples illustrating how a particular commodity, equity, index and/or option strategy could have been implemented. Stratagem Trading is not providing students with real time trading opportunities, nor giving advice. We strongly recommend that you consult with a licensed financial professional for all your financial matters.

COPYRIGHT (c) Material 2019 | Stratagem Trading |


If you wish to no longer receive our newsletter, you can unsubscribe here.

Stratagem Trading 1000 W. 15th Street #243 Chicago, Illinois 60608 United States