A recap of the activity in the stock market on May 29th, 2018. Includes unusual options activity, big block trades and some picks.

1. DrosNotes May 29, 2018
Notes On Today
“Sell in May, go away”.
I’ve ranted about that statement a great deal so I’ll keep this
short.
It’s an old statement that’s derived from the big money players
cutting positions and going to the Hamptons for the summer.
However, that’s actually a good thing. These days especially.
Algorithms make up around. 75% of the activity on the NYSE
these days. So even if they are on vacation…their bots are doing
the work for them.
It also makes it a stock picker’s market. When ‘the boys’ are
around, they’re all over the place. When there’s less players at
their desk..you can find some great opportunities. Like $FLT
today.
DrosNotes www.androstrades.com 1
Top Bull Flow
$PIR JUL18 $3 Cs
$IMAX JAN19 $26 Cs
$UEC NOV18 $2 Cs
$FLT AUG18 $200 Cs
Top Bear Flow
$AGI JUN18 $5 Ps
$PFF OCT18 $36 Ps
$HDB JAN19 $85 Ps
$CX JAN20 $4 Ps
$BSBR JUN18 $10 Ps
Top Block Trades
4.98m EMLC @ 17.61
4.98m SHYG @ 46.45
4.63m IAU @ 12.48
3.59m BNDX @ 54.22
1.4m $VXX @ 37.75
10m $SRC @ 8.60
679k $MON @ 127.35
1.8m $XLF @ 27.50
1.5m $XLF @ 26.90
2m $GDX @ 22.15
DROSNOTES
May 29th, 2018

2. DrosNotes May 29, 2018
Market Breadth
Breadth has been increasing…implying market health now. More participants means that the market is
‘healthier’. It’s not in lock-step with the Indices, so names are being hit and not just because of sector/
index strength.
DrosNotes www.androstrades.com 2
Source: barchart.com
• Oil remains in a bearish trend. I do expect a move up at some point within the next week or
two.Wait for some more flow.
• $QQQ was the strongest sector today oddly enough. Well $IWM was close to strong too. $IWM
has been strong…the strength in the Nasdaq is somewhat suspect.
• $EUR/USD flashing buy signal.
• $TUR i bought last week; it’s strength has been established for now. [Turkey ETF]

3. DrosNotes May 29, 2018
Overall, the bullishness of the market has slowed. Not sure if we turn bearish yet or if we strengthen up
soon.
Some levels to watch….
DrosNotes www.androstrades.com 3
• Short-term Signals [watchlist these and watch for flow]
• $AAL - Buy
• $RIG - Sell
• $HLF - Sell
• $COTY - Buy
• $CWH - Buy
• $MGI - Buy
• $TKC - Buy
• $ROST - Sell
• $DWDP - Sell
• $ASHS - Sell
• $GPS - Sell
• $NX. - Sell
• $ECA - Sell
• $ITB - Buy
• $EMB - Buy
• $SCO - Buy
• $XLU - Buy
• $CPB - Buy

4. DrosNotes May 29, 2018
$SPX $2620 [to go bearish]
$XAU/USD - $1333 [to go bullish]
DrosNotes www.androstrades.com 4

5. DrosNotes May 29, 2018
$TLT $117.7 [to go bearish]
$CL_F 61.30 [to go full bearish]
DrosNotes www.androstrades.com 5

6. DrosNotes May 29, 2018
Final Thoughts
• This is still a take your profits while you have them on short-term options or
swing/day trades.
• E-mail me if you want beta access to the new room:
admin@androstrades.com
• Avoid being married to names you’re trading. If you’re investing in names;
watch for some nice average downs on your cost basis.
• Trade safe.
• “Invest like a gentlemen, trade like a freak.” - Me
Be sure to stay posted for more on www.androstrades.com ,
www.stocktwits.com/androsform & www.twitter.com/androsform
Cheers,
- Dros
DrosNotes www.androstrades.com 6