Matt Kohrs
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Daily Degen Trade Report (+$3,100) || Join For FREE!
February 6th, 2024
February 06, 2024
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FAT Tuesday

A nice +$2,800 PROFIT to keep the degeneracy alive!

My posted, REAL-TIME TRADES hit, but it was quite the battle today! Today's gains were enough to pay for NINE YEARS of Goonie Membership. Join up! It only costs $0!!!

You can get Discord access for FREE w/ code GOONIE (Click Here!)

 

Piper's Is A Legend!

A BEARISH signal, 3/5 strength, was generated at 10:30am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).

Both of these trades hit -- 2 total units!

Total Return: +$15/signal (+100%) -- This could easily be scaled per $185/signal.

 

Thicc Matt's Personal Trades

Today was a battle for me -- I didn't trade well at all.

I ended up getting into too big of a position too early in the day. This forced me to throw on a sizeable hedge. My trades ended up hitting, but stress levels were a bit too high.

Trade One: 30 x SPX 4940/4935 Put Credit Spreads.

Trade Two: 30 x SPX 4925/4920 Put Credit Spreads.


As shown, profits were taken at $0.10/ea (+88% or +$2,250) and $0.75/ea (+29% or +$900). 

Total Return: +$3,150 (before fees)

These trades alone would have paid for NINE YEARS of GOONIE DISCORD ACCESS!

 

The TLDR

A solid 88% & 29% PROFIT to keep my gambling dreams alive! Additionally, Piper's perfection streak continues -- both 0 DTE signals hit for 2 total units.

 

 


 

How To Join The Goonie Discord (For FREE)

Join the Goonie Discord if you want access to any of the following:

  • My Live Trades & Thoughts
  • Weekly Teaching Sessions
  • Weekly Newsletter
  • Trading Competitions
  • Texas Roadhouse Talk

Remember you can join the Discord for FREE with the code GOONIE (Click Here!). This code will allow to become a Locals "supporter". Supporters get full access to the entire Locals Community & Goonie Discord server.

Discord Link: https://discord.gg/3dxBRVrgGG
(Allow up to 24hrs to process after you've become a "supporter". If you have any issues, don't hesitate to reach out -- Feel free to DM on Discord or Twitter.)

 


 

Notes

RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

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FREE Options Trading Lecture This Friday @ 10am ET

It's all going down THIS FRIDAY!!!

The team at SpotGamma will be joining the MK Show to discuss various options trading strategies. (Yes, it will include 0 DTEs for you degens).

This is 100% FREE options trading education.
All you need to do is be where you normally watch me at 10am ET!

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Bonus Content

This is how my boss taunts me before i start an edit

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Goodbye May, Hello June! || Goonie Newsletter
Goonie Newsletter (June 1st - 5th)

Goodbye May, Hello June!

Key Weekly Performance Stats:

  • S&P 500: +1.43%
  • Nasdaq 100: +2.89%
  • Russel 2000: +1.91%
  • Bitcoin: -2.52%

Last week, stocks came back from the Memorial Day break with momentum and never really looked back. The S&P 500 gained 1.4% for the shortened week, the Nasdaq jumped 2.9%, and the Dow added 0.9%, with the S&P notching its ninth straight winning week. The big driver was still AI, helped by a monster Dell report that sent the stock up more than 30% after strong AI server demand and an upbeat outlook.

On the economy, the data was mixed but not enough to break the rally. Consumer confidence slipped, Q1 GDP was revised down to 1.6%, and April PCE showed inflation still running hotter than the Fed would like, even as consumer spending held up. Markets also got help from falling oil prices as headlines pointed to progress on a potential U.S.-Iran deal, with Trump-related peace talk optimism easing some of the inflation anxiety tied to the Middle East.

Looking ahead to next week, things get much more serious on the macro front. The calendar includes ISM Manufacturing on Monday, JOLTS on Tuesday, ISM Services and factory orders on Wednesday, and the May jobs report on Friday. Earnings attention shifts to Broadcom as the next major AI/semi read-through, while traders will keep watching oil, Treasury yields, and any new Trump-Iran headlines for signs that this rally still has room to run. As always, stick to your trading plan and respect your risk. Godspeed.

Best,

Thicc Kohrs

P.S. The official Goonie Trading Discord is LIVE!!! (https://bit.ly/GoonieDiscord)

 


 

Earnings


Monday, June 1st

None 

Tuesday, June 2nd

Morning: Dollar General

Evening: GitLab, Palo Alto Networks & Ulta Beauty

Wednesday, June 3rd

Evening: Broadcom, C3.AI & CrowdStrike

Thursday, June 4th

Evening: Docusign & Lululemon

Friday, June 5th

None

 


 

Market Events

Monday, June 1st

09:45 AM ET    S&P Global Manufacturing PMI (May)

10:00 AM ET    ISM Manufacturing PMI & Prices (May)

 

Tuesday, June 2nd

10:00 AM ET    JOLTs Job Openings (Apr)

 

Wednesday, June 3rd

08:15 AM ET    ADP Nonfarm Employment Change (May)

09:45 AM ET    S&P Global Services PMI (May)

10:00 AM ET    ISM Non-Manufacturing PMI & Prices (May)

 

Thursday, June 4th

08:30 AM ET    Initial Jobless Claim

 

Friday, June 5th

08:30 AM ET    Unemployment Rate (May)

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, June 1st)

  • Bull Win Percentage: 75%
  • Profit Factor: 1.84
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, June 2nd)

  • Bull Win Percentage: 82%
  • Profit Factor: 19.47
  • Bias: Very Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, June 3rd)

  • Bull Win Percentage: 46%
  • Profit Factor: 0.95
  • Bias: Leaning Bearish

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, June 4th)

  • Bull Win Percentage: 54%
  • Profit Factor: 1.52
  • Bias: Leaning Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, June 5th)

  • Bull Win Percentage: 61%
  • Profit Factor: 2.14
  • Bias: Bullish

Equity Curve -->

 

Notes: These analytics are derived from the performance of the S&P 500 futures contract over the past +25 years. Additionally, results are computed from the futures market open and close.


 

Options Strategy Update

The 0 DTE signal hit 8 for 8 times (18 for 18 total units) this past week.

Signal Accuracy: ~100%

Note: These signals are posted in real-time in the Goonie Trading Discord. You can join me today!!! Click Here!

 

Piper's Current Signal Streak: 19 Trades

May Record: 44/46 Units

 

Monday, May 25th

No Signal Produced -- Memorial Day

 

Tuesday, May 26th

SPY Put Credit Spread (2x Multiple @ $748 / $747) 🟢

QQQ Put Credit Spread (2x Multiple @ $723 / $722) 🟢

 

Wednesday, May 27th

SPY Call Credit Spread (2x Multiple @ $753 / $754) 🟢

QQQ Call Credit Spread (2x Multiple @ $732 / $733) 🟢

 

Thursday, May 28th

SPY Put Credit Spread (3x Multiple @ $749 / $748) 🟢

QQQ Put Credit Spread (3x Multiple @ $726 / $725) 🟢

 

Friday, May 29th

SPY Put Credit Spread (2x Multiple @ $754 / $753) 🟢

QQQ Put Credit Spread (2x Multiple @ $734 / $733) 🟢

 


 

Hours Slept

0.3 *

* This data point is from readings over the past week. The reported information should not be taken as an aggregate or cumulative value for any period beyond the most recent week (Sunday through Saturday). Appropriate alterations were made to account for both travel and time zone shifts.

 


 

Notes

RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

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Daily Degen Trade Report || TGIF!!!
Friday, May 29th

TGIF!

THICC RETURN: +$0

If you're curious about what I trade & how I trade, join the Goonie Trading Discord.

You can start trading with me today! (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$52

A BULLISH signal, 4/5 strength, was generated around 11:30am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).Both of these trades missed.Both of these trades hit if held until close -- 4 total units!

SPY Return: +$26 (+100%) per $174 signal capital requirement

QQQ Return: +$26 (+100%) per $174 signal capital requirement

Total Return: +$52 (+100%) per $348 signal capital requirement

 

You can trade with me by joining the Goonie Discord today! (Click Here!)

 


 

Notes

RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

Read full Article
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Daily Degen Trade Report || More Record Highs!
Thursday, May 28th

More Record Highs!

THICC RETURN: +$0

If you're curious about what I trade & how I trade, join the Goonie Trading Discord.

You can start trading with me today! (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$36

A BULLISH signal, 5/5 strength, was generated around 11:15am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).Both of these trades missed.Both of these trades hit if held until close -- 4 total units!

SPY Return: +$18 (+100%) per $282 signal capital requirement

QQQ Return: +$18 (+100%) per $282 signal capital requirement

Total Return: +$36 (+100%) per $564 signal capital requirement

 

You can trade with me by joining the Goonie Discord today! (Click Here!)

 


 

Notes

RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

Read full Article
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