Davis Martin Live - October 5, 2020

TL;DR

Stock trader Davis Martin discusses potential trading opportunities for Monday morning, including airline stocks and online retailers like Walmart and Target.

Transcript

all right all right mike check good morning everyone thanks to those of you who are tuning in here on the investing channel youtube channel live all right my name's davis martin i'm the head trader and teacher at triple threat trader now if you're wondering why this is uh this is on the investing channel youtube it's because i am co-owner of invest... Read More

Key Insights

• 🎓 Davis Martin emphasizes the importance of education and understanding different types of options when trading.
• 🤑 He suggests that institutional money flow and upcoming events like Black Friday and Cyber Monday could drive online retailer stocks.
• 🎗️ Martin reminds traders to be selective and back their trades with reliable data, such as unusual options activity.

Questions & Answers

Q: What factors does Davis Martin consider when selecting stocks for trading?

Davis Martin focuses on unusual options activity, dark pool activity, and institutional money flow to identify reliable trades.

Q: Should traders hold airline stocks through the possibility of a stimulus deal being finalized?

No, Martin advises selling into a run-up if a stimulus deal is finalized. However, if the deal falls through, airline stocks may plummet.

Q: Why does Davis Martin recommend paying attention to online retailers like Walmart and Target?

With the potential for increased COVID-19 cases and New York City shutdowns, consumers are likely to shift towards online shopping, benefiting companies like Walmart and Target.

Q: What technical levels does Martin look for when trading SPY options?

Martin uses the 50-day and 200-day simple moving averages as powerful support and resistance levels for trading SPY options.

Summary & Key Takeaways

• Davis Martin discusses his experience as a trader and the importance of using unusual options activity and institutional money flow to make reliable trades.

• He analyzes the potential of the airline industry, particularly the exchange-traded fund JETS, in light of a possible stimulus deal.

• Martin also highlights the growth of online retailers like Walmart and Target during the pandemic and discusses potential entry points for trading their stocks.