Matt Kohrs
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Daily Degen Trade Report (+$600) || Trade With Me For FREE!!!
April 9th, 2024
April 09, 2024
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Lucky Ducky Tuesday

TODAY'S GAIN: +$600

My posted, REAL-TIME TRADE GOT LUCKY AF! Today's price action sucked balls. To make matters worse, I was also undisciplined. Poor price action and tilted trading is a dangerous combination. Fortunately, Lady Luck was on my side of the trades (detailed below). Today's trade paid for MORE THAN AN ENTIRE YEAR OF DISCORD ACCESS! Don't forget -- You can trade with me for free!!!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

A BEARISH signal, 3/5 strength, was generated at 10:05am 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: +$24/signal (+100%) -- This could easily be scaled per $176 signal.

 

Thicc Matt's Personal Trades

Day #12 of Comeback Tour!

I was incredibly lucky today. My original play was an SPX Put Credit Spread -- I was betting that SPX would be above 5190. This went wrong fast and hard. Normally, I would protect myself by turning this into an Iron Butterfly. That didn't happen today because the market moved way too fast. You can see the insanity on today's stream if you'd like. I decided to try to dig myself out of the hole by buying back my short leg and riding the protective long leg down. It's definitely degenerate, but not completely insane. I did instantly drop 7 of 10 at breakeven because I knew I was being greedy. Overall, I made a risky bet, but it paid off -- I lived to fight another day.

10 x SPX 5190/5185 Put Credit Spreads


As shown, profits were taken at 7 @ $24/ea (+0% or +$0) and 3 @ $26/ea (+8.33% or +$600) .

Total Return: +$600 (before fees)

This trade would have paid for MORE THAN AN ENTIRE YEAR OF GOONIE MEMBERSHIP!

 


 

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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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).

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The Bulls Are Back! || Goonie Newsletter
Goonie Newsletter (August 25th - 29th)

The Bulls Are Back!

Hey,

Key Weekly Performance Stats:

  • S&P 500: +0.27% 
  • Nasdaq 100: -0.90% 
  • Russel 2000: +3.58%
  • Bitcoin: -0.45% 

Last week, the market was on a rollercoaster ride that finished with a bang. Stocks spent the first half moving slightly down, but on Friday, things ripped higher after Chair Powell hinted that a rate cut could come as soon as September. The Dow popped nearly 850 points to a record close, the S&P 500 flirted with all-time highs, and the Nasdaq joined in with a big 1.9% surge. Small caps had an even bigger move, showing some long-awaited life. For the week overall, the Dow finished up nicely, the S&P was flat to slightly positive, and tech stocks slipped a bit despite Friday’s rally.

On the economic front, fresh data pointed to surprising resilience. Manufacturing activity hit a three-year high, services held steady, and retail sales kept climbing for the tenth month in a row. The flip side? Inflation pressures are still bubbling under the surface, with companies passing higher costs along to consumers. That mix, strong growth but sticky prices, set the stage for Powell’s Jackson Hole comments, where he acknowledged the risks but made it clear the Fed is leaning toward a policy shift.

Looking ahead to next week, the spotlight will be on new data drops and Fed chatter. Jobless claims, PMI reports, and the Philly Fed survey should give us a pulse on labor and growth. Traders will be dissecting every line of the Fed’s July meeting minutes, hunting for clues on how serious they are about cutting rates. With earnings season winding down, sentiment is mostly upbeat, but tariff concerns and inflation jitters are still hanging in the background. As always, stick to your trading plan and respect your risk. Godspeed.

Best,

Thicc Kohrs

P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)

 


 

Earnings

Monday, Aug 25th

None

Tuesday, Aug 26th

None

Wednesday, Aug 27th

Morning: Kohl's

Evening: CrowdStrike, Nvidia & Snowflake

Thursday, Aug 28th

Morning: Best Buy & Dollar General

Evening: Affirm, Dell & ULTA

Friday, Aug 29th

Morning: Alibaba

 


 

Market Events

Monday, Aug 25th

10:00 AM ET    New Home Sales (Jul)

 

Tuesday, Aug 26th

08:30 AM ET    Durable Goods MoM & YoY (Jul)

10:00 AM ET    Consumer Confidence (Aug)

 

Wednesday, Aug 27th

10:30 AM ET    Crude Oil Inventories

 

Thursday, Aug 28th

08:30 AM ET    GDP QoQ (Q2)

08:30 AM ET    Initial Jobless Claims

10:00 AM ET    Pending Home Sales (Jul)

 

Friday, Aug 29th

08:30 AM ET    PCE Price Index MoM & YoY (Jul)

08:30 AM ET    Personal Income & Spending (Jul)

09:45 AM ET    Chicago PMI (Aug)

10:00 AM ET    Consumer Sentiment (Aug)

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, Aug 25th)

  • Bull Win Percentage: 56%
  • Profit Factor: 2.74
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, Aug 26th)

  • Bull Win Percentage: 67%
  • Profit Factor: 1.45
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, Aug 27th)

  • Bull Win Percentage: 56%
  • Profit Factor: 1.05
  • Bias: Leaning Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, Aug 28th)

  • Bull Win Percentage: 52%
  • Profit Factor: 0.79
  • Bias: Neutral

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, Aug 29th)

  • Bull Win Percentage: 44%
  • Profit Factor: 0.84
  • Bias: Neutral

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 (16 for 16 total units) this past week.

Signal Accuracy: ~100%

Note: These signals are posted in real-time in the Goonie Trading Discord. You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)!!!

 

Piper's Current Signal Streak: 15 Trades

August Record: 56/60 Units

 

Monday, Aug 18th

SPY Call Credit Spread (2x Multiple @ $644 / $645) 🟢

QQQ Call Credit Spread (2x Multiple @ $578 / $579) 🟢

 

Tuesday, Aug 19th

SPY Call Credit Spread (2x Multiple @ $645 / $646) 🟢

QQQ Call Credit Spread (2x Multiple @ $577 / $578) 🟢

 

Wednesday, Aug 20th

SPY Call Credit Spread (2x Multiple @ $640 / $641) 🟢

QQQ Call Credit Spread (2x Multiple @ $569 / $570) 🟢

 

Thursday, Aug 21st

SPY Call Credit Spread (2x Multiple @ $639 / $640) 🟢

QQQ Call Credit Spread (2x Multiple @ $568 / $569) 🟢

 

Friday, Aug 22nd

No Signal Produced

 


 

Times Powell Pumped The Market

1 *

* 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 || New Highs Achieved!
Thursday, August 28th

New Highs Achieved!

If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

No Signal Produced

 


 

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
post photo preview
Daily Degen Trade Report || New Highs Incoming?!
Wednesday, August 27th

New Highs Incoming?!

If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$80 (+100%)

A BULLISH signal, 4/5 strength, was generated around 10:20am 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 if held until close -- 4 total units!

SPY Return: +$40 (+100%) per $160 signal capital requirement

QQQ Return: +$40 (+100%) per $160 signal capital requirement

Total Return: +$80 (+100%) per $320 signal capital requirement

 

You can join the Goonie Discord for FREE w/ code GOONIE (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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