Matt Kohrs
News • Business • Investing & Finance
Daily Degen Trade Report (+$28,000) || I'm The GOAT!!!
Thursday, August 1st
August 01, 2024
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GOAT Status!

TODAY'S GAIN: +$28,000

My posted, REAL-TIME TRADES PRINTED!!

Today's trades would have paid for OVER 50 YEARS OF GOONIE DISCORD ACCESS! If you want to learn what I do, how I do it, and trade with me daily, the Goonie Discord is perfect for you! You have nothing to lose because you can join for FREE!!!

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

 

Piper's Picks

No signal was produced today :(By the time the bearish signal was shown, the market was too far gone for reasonable risk to be taken -- Until tomorrow!

 

Thicc Matt's Personal Trades

Trade One: 40 x SPX 5555/5550 Put Credit Spread (Scalp Strategy Trade) Well, I didn't start the day off on a good note. I was oversized and overstayed my welcome. As shown below, I was able to fix it, but this was a poorly executed trade on all accounts. My average entry was $1.80/ea, and my average exit was $4.90 -- This means my realized loss was $12,400.

 

Trade Two: 20 x SPX 5470 Puts (Yolo Degen Gamble)Was I angry? Yes. Was I on tilt? Yes. Was I revenge trading? Yes. But guess what, it worked! I rarely take purely directional bets, but today was one of those day. Fortunately, it paid big! The first portion locked in $14,600, the second was worth $12,300, and the final portion secured an extra $13,550 -- This means MY REALIZED GAIN WAS $40,450!

 

Trade One Return: -$12,400

Trade Two Return: +$40,450

Total Return: +$28,050 (before fees)

These trades would have paid for OVER 50 YEARS 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.)

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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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Summertime Bulls || Goonie Newsletter
Goonie Newsletter (June 22nd - 26th)

Summertime Bulls

Key Weekly Performance Stats:

  • S&P 500: +0.93%
  • Nasdaq 100: +2.60%
  • Russel 2000: +0.85%
  • Bitcoin: -0.10%

Markets packed a lot into a short, four-day trading week, with exchanges closed Friday for Juneteenth. Stocks started hot after Trump said the U.S. and Iran had signed a framework to end the war and reopen the Strait of Hormuz, sending oil lower and lighting a fire under tech, airlines, and other fuel-sensitive names. The rally cooled midweek after the Fed held rates at 3.50%–3.75% but signaled a more hawkish path, before buyers stepped back in Thursday. For the week, the Nasdaq led, while the S&P 500, Dow, and Russell 2000 all finished higher.

The economic data was mixed but still pointed to a resilient economy with some inflation pressure. Industrial production edged up 0.1% in May, housing starts sank to a six-year low, import prices jumped 1.9%, and retail sales beat expectations with a 0.9% gain. Jobless claims eased to 226,000, keeping the labor-market story steady. Company-wise, Intel ripped after Trump said Apple would work with it on U.S.-made chips, while Accenture dropped after trimming the top end of its revenue outlook.

Next week brings a busy macro slate: S&P Global flash U.S. PMIs on Tuesday, new home sales on Wednesday, then a packed Thursday with jobless claims, durable goods, Q1 GDP’s third estimate, and May personal income and PCE inflation. Friday wraps with wholesale inventories and the final University of Michigan consumer sentiment reading. With the Fed now sounding less friendly and the Iran/Hormuz story still driving oil and inflation expectations, the market will be watching whether the data confirms the rally or gives Powell’s crew more reason to stay hawkish. As always, respect your risk and stick to your trading plan. Godspeed.

Best,

Thicc Kohrs

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

 


 

Earnings

 


 

Market Events

Monday, June 22nd

None

 

Tuesday, June 23rd

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

 

Wednesday, June 24th

10:00 AM ET    New Homes Sales (May)

10:30 AM ET    Crude Oil Inventories

 

Thursday, June 25th

08:30 AM ET    PCE Price Indec MoM & YoY (May)

08:30 AM ET    GDP QoQ (Q1)

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

08:30 AM ET    Initial Jobless Claim

 

Friday, June 26th

10:00 AM ET    Consumer Sentiment (Jun)

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, June 22nd)

  • Bull Win Percentage: 50%
  • Profit Factor: 1.38
  • Bias: Leaning Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, June 23rd)

  • Bull Win Percentage: 50%
  • Profit Factor: 1.44
  • Bias: Leaning Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, June 24th)

  • Bull Win Percentage: 39%
  • Profit Factor: 0.71
  • Bias: Bearish

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, June 25th)

  • Bull Win Percentage: 46%
  • Profit Factor: 1.12
  • Bias: Neutral

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, June 26th)

  • Bull Win Percentage: 61%
  • Profit Factor: 1.16
  • 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 4 for 4 times (8 for 8 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: 4 Trades

June Record: 32/36 Units

 

Monday, June 15th

No Signal Produced

 

Tuesday, June 16th

SPY Call Credit Spread (2x Multiple @ $756 / $757) 🟢

QQQ Call Credit Spread (2x Multiple @ $745 / $746) 🟢

 

Wednesday, June 17th

No Signal Produced -- FOMC Meeting

 

Thursday, June 18th

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

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

 

Friday, June 19th

No Signal Produced -- Market Closed

 


 

Trades Lost In Dark Pool

72 *

* 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 || Bloodier Tuesday
Tuesday, June 23rd

Bloodier Tuesday

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

No Signal Produced

 

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
post photo preview
Daily Degen Trade Report || Bloody Monday
Monday, June 22nd

Bloody Monday

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

No Signal Produced

 

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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