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.
Tradinginsider
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Markets are up a bit. We will monitor the situation closely, as I am trying to exit these 2 puts I am holding. I will look at this from all...
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Good morning everyone. We are going to bail on that call from Friday. Below is myout: QQQ MarWk2 105.5 Call 1.02 1.03 ...
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Purchase QQQ put and hold this overnight: QQQ MayWk1 107 Put 0.88 0.88 0.90 3,604 ...
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And another thing we are going to do today is we are going to enter into a spread. We just made money by exiting our put position, now I am ...
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Ive been away for a few weeks, but now I am back for a bit. Now Im just gonna jump right back in it. I have IDed that the market is going ...
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Get out of your call position, and time to purchase a put on the QQQ I will be on again in about an hour or so, Tradinginsider
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We seem to be bouncing off the moving average. So the techs are telling me that we just dipped back into buying position. Our new in is belo...
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We exit that last purchase for gain at the price below QQQ MayWk2 105.5 Call 0.92 0.93 0.94 8,273 ...
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Today we get in the cubes with a call: QQQ MayWk4 106 Call 1.30 1.31 1.33 131 Thats all for now....
The Man
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