Matt Kohrs
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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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'MURICA!!! || Goonie Newsletter
Goonie Newsletter (July 6th - July 10th)

'MURICA!!!

Key Weekly Performance Stats:

  • S&P 500: +1.76%
  • Nasdaq 100: +0.72%
  • Russel 2000: +0.18%
  • Bitcoin: +4.20%

Last week, stocks kept the summer rally alive in the holiday-shortened week, with the S&P 500, Nasdaq, and Dow pushing higher while small and mid caps lagged. The week started with a tech-led bounce, helped by AI enthusiasm, deal activity, and Alphabet joining the Dow. By Thursday, softer labor data helped keep rate anxiety contained, and the Dow hit another record close before markets shut Friday, July 3, for Independence Day.

The economic calendar was light but important. May JOLTS showed job openings holding near 7.6 million, ISM manufacturing stayed in expansion at 53.3, and S&P Global’s final manufacturing PMI cooled to 53.9. The big one was Thursday’s June jobs report: payrolls rose just 57,000, with prior months revised lower, reinforcing the “cooling but not cracking” labor-market narrative. On the geopolitical front, Trump and Iran remained in focus after both sides moved toward halting attacks and restarting talks, helping calm some oil-risk fears. In company news, Tesla beat Q2 delivery expectations but still sold off, while Comcast’s planned NBCUniversal/Sky spinoff and broader deal chatter helped sentiment.

Looking ahead to next week, the calendar picks back up but does not include CPI or PPI yet. Monday brings S&P Global’s final services PMI and ISM Services for June. Tuesday has the May trade balance. Wednesday brings May wholesale inventories, the minutes from the June FOMC meeting, and May consumer credit. Thursday has weekly jobless claims and June existing home sales. Earnings are still early-cycle, but PepsiCo, Levi Strauss, WD-40, and Delta Air Lines are the names to watch before the bigger bank reports begin the following week. As always, stick to your trading plan and respect your risk.

Best,

Thicc Kohrs

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

 


 

Earnings

 


 

Market Events

Monday, July 6th

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

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

 

Tuesday, July 7th

None

 

Wednesday, July 8th

10:30 AM ET    Crude Oil Inventories

01:00 PM ET    10-Year Note Auction

02:00 PM ET    FOMC Meeting Minutes

 

Thursday, July 9th

08:30 AM ET    Initial Jobless Claim

10:00 AM ET    Existing Home Sales (Jun)

01:00 PM ET    30-Year Bond Auction

 

Friday, July 10th

None

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, July 6th)

  • Bull Win Percentage: 45%
  • Profit Factor: 0.75
  • Bias: Leaning Bearish

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, July 7th)

  • Bull Win Percentage: 55%
  • Profit Factor: 1.87
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, July 8th)

  • Bull Win Percentage: 59%
  • Profit Factor: 0.92
  • Bias: Neutral

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, July 9th)

  • Bull Win Percentage: 55%
  • Profit Factor: 1.89
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, July 10th)

  • Bull Win Percentage: 41%
  • Profit Factor: 0.37
  • 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 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 me today!!! Click Here!

 

Piper's Current Signal Streak: 16 Trades

June Record: 50/54 Units

July Record: 8/8 Units

 

Monday, June 29th

SPY Put Credit Spread (2x Multiple @ $732 / $731) 🟢

QQQ Put Credit Spread (2x Multiple @ $705 / $704) 🟢

 

Tuesday, June 30th

SPY Put Credit Spread (2x Multiple @ $740 / $739) 🟢

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

 

Wednesday, July 1st

SPY Put Credit Spread (2x Multiple @ $742 / $741) 🟢

QQQ Put Credit Spread (2x Multiple @ $725 / $724) 🟢

 

Thursday, July 2nd

SPY Call Credit Spread (2x Multiple @ $752 / $753) 🟢

QQQ Call Credit Spread (2x Multiple @ $731 / $732) 🟢

 

Friday, July 3rd

No Signal Produced -- Market Closed

 


 

America Birthdays

250 *

* 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(T)!!!
Thursday, July 2nd

AMERICA!!!

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: +$16

A BEARISH signal, 4/5 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: +$10 (+100%) per $190 signal capital requirement

QQQ Return: +$6 (+100%) per $194 signal capital requirement

Total Return: +$16 (+100%) per $384 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 || Happy July!
Wednesday, July 1st

Happy July!

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: +$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: +$8 (+100%) per $192 signal capital requirement

QQQ Return: +$20 (+100%) per $180 signal capital requirement

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