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!

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

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It's A Boy!!! || Goonie Newsletter
Goonie Newsletter (May11th - 15th)

It's A Boy!!!

Key Weekly Performance Stats:

  • S&P 500: +2.33% (New Record High)
  • Nasdaq 100: +5.50% (New Record High)
  • Russel 2000: +1.96% (New Record High)
  • Bitcoin: +2.50%

Biggest news of the week on my end, my wife and I officially welcomed our baby boy into the world. Easily the best investment I’ve ever made!

Last week, markets posted another strong performance, with the S&P 500 and Nasdaq pushing to fresh highs again as traders kept piling into tech and AI names. A better-than-expected April jobs report helped fuel the move after payrolls came in solid while unemployment held steady. Treasury yields stayed relatively calm, which gave growth stocks room to run, and overall the market continued acting like it wants higher prices unless macro data seriously gets in the way.

Earnings season was still a major driver this week. AMD, Palantir, Disney, Uber, Coinbase, Shopify, McDonald’s, and several other big names all had market-moving reactions. Some companies delivered strong numbers and still sold off because expectations were already sky high, which has been the theme lately. Traders were also watching headlines tied to Iran and broader Middle East tensions as oil prices stayed active, while Trump remained in the news cycle with more tariff and election-related commentary starting to heat back up.

Looking ahead to next week, it's all about inflation data. CPI drops Tuesday, PPI follows Wednesday, and Thursday brings retail sales. Friday rounds things out with industrial production numbers. No NYSE holidays next week, so it should be a full week of action as traders try to figure out whether inflation is cooling enough to keep this rally going. 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, May 11th

Morning: Circle

Evening: Hims & Rigetti

Tuesday, May 12th

Morning: D-Wave

Evening: Oklo

Wednesday, May 13th

Morning: Alibaba

Evening: Cisco

Thursday, May 14th

Morning: Klarna

Evening: Rumble

Friday, May 15th

Morning: Alaska Airlines

 


 

Market Events

Monday, May 11th

10:00 AM ET    Existing Home Sales (Apr)

 

Tuesday, May 12th

08:30 AM ET    CPI MoM & YoY (Apr)

01:00 PM ET    10-Year Note Auction

 

Wednesday, May 13th

08:30 AM ET    PPI MoM & YoY (Apr)

10:30 AM ET    Crude Oil Inventories

01:00 PM ET    30-Year Bond Auction

 

Thursday, May 14th

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

08:30 AM ET    Initial Jobless Claim

 

Friday, May 15th

None

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, May 11th)

    • Bull Win Percentage: 50%
    • Profit Factor: 0.87
    • Bias: Neutral

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, May 12th)

  • Bull Win Percentage: 50%
  • Profit Factor: 0.66
  • Bias: Leaning Bearish

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, May 13th)

  • Bull Win Percentage: 50%
  • Profit Factor: 1.47
  • Bias: Leaning Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, May 14th)

  • Bull Win Percentage: 57%
  • Profit Factor: 2.41
  • Bias: Leaning Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, May 15th)

  • Bull Win Percentage: 61%
  • Profit Factor: 2.41
  • Bias: Leaning 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 0 for 0 times (0 for 0 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

May Record: 0/0 Units

 

Monday, May 4th

No Signal Produced

 

Tuesday, May 5th

No Signal Produced

 

Wednesday, May 6th

No Signal Produced

 

Thursday, May 7th

No Signal Produced

 

Friday, May 8th

No Signal Produced

 


 

Times I Became A Dad

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 || Turndown Tuesday?!
Tuesday, May 12th

Turndown 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

PIPER'S RETURN: +$40

A BEARISH signal, 4/5 strength, was generated around 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).SPY missed & QQQ hit.

SPY Return: -$12 per $176 signal capital requirement

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

Total Return: +$4 (+100%) per $360 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 Monday!
Monday, May 11th

Happy 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

PIPER'S RETURN: +$36

A BULLISH signal, 4/5 strength, was generated around 11:00am 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: +$24 (+100%) per $176 signal capital requirement

Total Return: +$36 (+100%) per $364 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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