Matt Kohrs
News • Business • Investing & Finance
Daily Degen Trade Report (-$4,600) || Become A Goonie Today!
May 2nd, 2024
May 02, 2024
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Get Merked Thursday

TODAY'S LOSSES: -$4,600

My posted, REAL-TIME TRADES WERE... not good at all. To be honest, my first trade was a classic bad beat. There is nothing you can do about that. Even with a perfect setup, you can still lose. It happens. My dumbass decided to try to make back the money, aka revenge trade, and dug myself into a deeper hole. It was stupid and undisciplined. I need to set my mind straight soon so I don't go on tilt.

You can witness my degenerecy on the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

A BEARISH signal, 4/5 strength, was generated around 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).

Today was a mixed result -- The SPY signal hit & the QQQ signal missed.

SPY Return: +$30/signal 

QQQ Return: -$158/signal

Total Return: -$128/signal

 

Thicc Matt's Personal Trades

Day #28 of The Comeback Tour!

Trade One: 10 x SPX 5060/5065 Call Credit Spread

Trade Two: 10 x SPX 5070/5075 Call Credit Spread

As shown, losses were taken at $3.70/ea (-$2,950) on the first trade, and losses were taken at $2.30/ea (-$1,650) on the second trade.

Total Return: -$4,600 (before fees)

 


 

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.

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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!

00:00:29
I guess Matt's eating out tonight.
00:00:14
Bonus Content

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

00:00:23
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Summertime Tendies || Goonie Newsletter
Goonie Newsletter (July 13th - July 17th)

Summertime Tendies

Key Weekly Performance Stats:

  • S&P 500: +1.23%
  • Nasdaq 100: +1.69%
  • Russel 2000: -0.78%
  • Bitcoin: +2.57%

Stocks had another solid week, with the S&P 500 gaining 1.2% and the Nasdaq adding 1.7% as AI enthusiasm continued to fuel tech. The Dow was the odd one out, slipping 0.5%. Nvidia climbed on reports that China may allow limited purchases of its H200 chips, while Apple and Broadcom made headlines with a long-term chip partnership extending through 2031. Elsewhere, Meta hit fresh highs, Delta offered an upbeat outlook despite a mixed market reaction, and earnings season officially began to ramp up.

The economic backdrop was a bit more mixed. The U.S. trade deficit widened more than expected in May, while the Fed's June meeting minutes showed officials remain cautious about inflation. Geopolitics also grabbed investors' attention after President Trump said the June agreement with Iran was over, sending oil prices higher before markets settled down as reports emerged that Iran was still interested in negotiations. It was another reminder that both inflation and energy prices remain key themes for investors.

Looking ahead, next week is one of the busiest of the summer. Tuesday brings June CPI, followed by PPI and the Fed's Beige Book on Wednesday. Retail sales and weekly jobless claims arrive Thursday, while Friday wraps up the week with industrial production and import/export price data. Earnings season also shifts into high gear with reports from JPMorgan, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley, Johnson & Johnson, ASML, Netflix, Taiwan Semiconductor and several other major companies. 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, July 13th

None

Tuesday, July 14th

Morning: Bank of America, Citi, Goldman Sachs, JP Morgan & Wells Fargo

Wednesday, July 15th

Morning: ASML, Blackrock, Morgan Stanley & PNC

Evening: United

Thursday, July 16th

Morning: TSMX & UnitedHealth Group

Evening: Netflix

Friday, July 17th

None

 


 

Market Events

Monday, July 13th

None

 

Tuesday, July 14th

08:30 AM ET    CPI MoM & YoY (Jun)

 

Wednesday, July 15th

08:30 AM ET    PPI MoM & YoY (Jun)

10:30 AM ET    Crude Oil Inventories

02:00 PM ET    Fed Beige Book

 

Thursday, July 16th

08:30 AM ET    Retail Sales MoM & YoY (Jun)

08:30 AM ET    Philadelphia Fed Manufacturing Index (Jul)

08:30 AM ET    Initial Jobless Claim

 

Friday, July 17th

10:00 AM ET    Consumer Sentiment

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, July 13th)

  • Bull Win Percentage: 38%
  • Profit Factor: 0.48
  • Bias: Bearish

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, July 14th)

  • Bull Win Percentage: 59%
  • Profit Factor: 0.77
  • Bias: Neutral

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, July 15th)

  • Bull Win Percentage: 55%
  • Profit Factor: 1.00
  • Bias: Neutral

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, July 16th)

  • Bull Win Percentage: 72%
  • Profit Factor: 6.86
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, July 17th)

  • Bull Win Percentage: 51%
  • Profit Factor: 0.46
  • Bias: Bearish

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 6 for 6 times (12 for 12 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: 22 Trades

July Record: 20/20 Units

 

Monday, July 6th

SPY Put Credit Spread (2x Multiple @ $747 / $746) 🟢

QQQ Put Credit Spread (2x Multiple @ $718 / $717) 🟢

 

Tuesday, July 7th

SPY Call Credit Spread (2x Multiple @ $751 / $752) 🟢

QQQ Call Credit Spread (2x Multiple @ $717 / $718) 🟢

 

Wednesday, July 8th

No Signal Produced

 

Thursday, July 9th

SPY Put Credit Spread (2x Multiple @ $745 / $744) 🟢

QQQ Put Credit Spread (2x Multiple @ $714 / $713) 🟢

 

Friday, July 10th

No Signal Produced

 


 

Baby Bottles Fed

 18,474 *

* 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 (+$0) || TGIF!
Friday, July 10th

TGIF!

THICC RETURN: +$0

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 start trading with me today! (Click Here!)

 

Piper's Picks

No Signal Produced

 

Thicc Matt's Personal Trades

No Trades Taken

 

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.

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Daily Degen Trade Report (+$750) || BULLISH!
Thursday, July 9th

BULLISH!

THICC RETURN: +$750

My posted, REAL-TIME TRADES PAID -- Today's trades would have paid for MORE THAN SEVEN MONTHS OF GOONIE MEMBERSHIP!

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 start trading with me today! (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$28

A BULLISH signal, 4/5 strength, was generated around 11:20am 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 missed.Both of these trades hit if held until close -- 4 total units!

SPY Return: +$12 (+100%) per $188 signal capital requirement

QQQ Return: +$16 (+100%) per $184 signal capital requirement

Total Return: +$28 (+100%) per $372 signal capital requirement

 

Thicc Matt's Personal Trades

Trade One: 25 SPX 7,480/7,470 Put Credit SpreadsThese PCS's were sold at $0.60/ea and were bought back at $0.30/ea -- THIS MEANS MY REALIZED GAIN WAS $1,000!!!

 

Trade One Return: +$750

Total Return: +750 (before fees)

These trades alone would have paid for MORE THN SEVEN MONTHS OF GOONIE DISCORD ACCESS! 

 

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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