Is the star in Starbucks fading?

14 thoughts on “Is the star in Starbucks fading?”

1. This wound up being a very good call, so score one for the trade triangles! SBUX hit my $24 target and I am up $40/contract on my calendar spread.

   I put in a sell order today to capture my profits but didn't get a fill .. but I'm happy to let this sit all weekend burning off thetha. SBUX hanging out here for a few day would be fine by me.

2. lol Fibonacci is more alive today than ever.

3. I think only half of a trader blog video should be viewable by non-members. It would be sufficient to get a sampling of the services offered and the usage of the product, but still give some consideration to those paying the full price. What does this have to do with SBUX ? - nothing, but since there is a text message on this video of solictation of new memebers (with corresponding phone number), it is fair game for comment.

   1. Dave,

      Thank you for your feedback. I appreciate your candor. Members have full tech and other member services that are only available to them alone.

      All the best,
      Adam

4. Went short SBUX via a $24 PUT calender spread. This type of position kinda says, "I don't know when SBUX will drop but I prefer to get paid to wait by giving up huge profits if she drops massively right away."

5. Oh geeze, MarktClub is one of the most straight laced firms out there. Is this "No Humor Club" or Marketclub. I'm sure Senor Fibonacci takes no offence to being called dead and in fact he's gotten quite used to being described that way.

6. Still confused what to do when the weekly red signal comes first and then the monthly comes second. I assume it just does matter? Just fire away when that monthly hits the screen?

   1. Thomas,

      Here are the rules we use for our Trade Triangle technology.

      How "Trade Triangles" work in stocks.
      The major "Trade Triangle" to watch in trading stocks is the monthly "Trade Triangle" as this triangle determines the trend. We use the weekly "Trade Triangles" for timing purposes. Let me give you an example, if the last monthly "Trade Triangle" is green this indicates that the major trend is up for that stock. You would then use the initial monthly "Trade Triangle" as an entry point and use the weekly red "Trade Triangle" as a stop out point. You would only reenter a long position if and when a green "Trade Triangle" kicked in. You would then use a weekly red "Trade Triangle" as a stop out point. Providing that a monthly green "Trade Triangle" is in place the trend is positive for the stock. The reverse is true if a red monthly "Trade Triangle" shows that the trend is down. You would then use the weekly "Trade Triangle" for entering and exiting the market.

      All the best,

      Adam

7. Hi Adam,

   In my opinion, We should have this kind of video at least once a week.
   Good education and kind of indication of market....that's what Market Club is for !!!

   I went short (options put) yesterday and my account is up by 8%.

   Thanks.

8. Starbucks stock (SBUX) looks like a short-term loser with the possibile prospect to turn down further. The price at $25.18 is back where it was in mid-March.

   A few technicals: parabolic SAR is RED. (The parabolic SAR for SBUX has been green 16 times and red 16 times during the last 12 months so the stock is a trader's yoyo.) MACD is negative but with a slight rise. RSI is > 50 and rising, which is a little surprising.
   The 200DMA trend looks rather flat but price is still slightly above. Price is approximately at the 100DMA but is below the 50DMA. MFI is positive. Williams %R is faltering near 50. Slow stochastic is flattening above 50. SBUX is in the middle of the Bollinger Bands. SBUX is not very cheap at a Price Earnings ratio of around 23. And SBUX is definitely no AAPL.

9. How to play this with the weekly trade triangle preceding the monthly? Wait for a daily red? Just wondering if anybody has added a favorite indicator to the trade triangle system. I've become somewhat of a fan of the slow stochastics to filter these triangles somewhat. On the flip side, I'm militant about not over complicating this stuff.

   1. Hi Thomas,

      With equities we suggest only using the monthly and weekly "Trade Triangles" as the dailies can cause a lot of whipsaw action. That being said, we have heard of other members using the daily "Trade Triangles" opposite of the major trend as an initial entry point to get in at a better pricec. The weekly trend in this market was reaffirmed last week as you can see in the current Chart Analysis score:

      -10 Last Hour Close Below 5 hour Moving Average
      -15 New 3 Day Low on Friday
      +20 Last Price Above 20 Day Moving Average
      -25 New 3 Week Low, Week Ending July 24th
      -30 New 3 Month Low in July
      -80 Total Score

      Please let us know if there are any other questions that we can help you with.

      Every success,

      The MarketClub Team
      800-538-7424

10. can you please refer to Fibonacci as Fibonacci, and NOT a dead mathematician? It's insluting

    1. Hi Steve,

       We're sorry that you found that insulting. We certainly didn't mean it to be. I'm sure most people would assume that he was dead just by the preface of "14th century." Our apologies and we will certainly try to be me conscious of our verbiage in the future.

       Best,
       The MarketClub Team
       800-538-7424

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