Today we watch the market to see what shakes out. It is my feeling that Monday the cubes will be up and waffle around a bit which would raise a few eyebrows. I am looking for an entry point for some QQQ puts. I am also going to be looking at SCHN steel for an entry point for some puts as well.
SCHN steel had a bonehead upgrade which helped usher the stock up a bit. But it wont help when it reports in the coming week. My guess? A sizable drop, aided in part by the soon to be falling QQQ.
More in the morning. Stay tuned.
Sunday, June 14, 2015
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» Watching the QQQ and SCHN Monday morning, looking for entry point
Watching the QQQ and SCHN Monday morning, looking for entry point
10:37 PM
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