News trumps techincals. Yesterday the technicals said that stocks would be but a bit, and then North Korea went ahead and tested an H-bomb which sent shockwaves across the world and markets.
Bad news for the world, and bad news for my short term portfolio.
Yesterday anticipating that the market would rise as the techs indicated, I bought a DD call on SPY. Then the supreame ruler dropped an H-bomb.
Stay tuned to see what I am going to do about it.
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