Indeed. Sold a lot of index OTM put options when the Dow dipped below 18000. Will sell more as we move below that level. Also sold OTM call options at the record highs. That is my game.
I sold my TQQQ with a modest profit today, only to buy back in again as it fell. Sadly, I am down $100 on the newest trade. It dropped much more than I expected today.
sorry to sound like a douche but this is the equivalent of saying the market might go down or it might go up. The can do anything at any given time, that's the beauty of it.
Is it the equivalent is it?..OK! I've given my prediction and that is we are in a bear market until next year with a possible target of 1800. Read that how you will.
subtle shift in Trump rhetoric underway. notice how he briefly mentions banks but doesn't go into detail.
Nope. I have an order in to add in the after-hours session. I won't lose on this trade. But, yes, I'm down on it a whisker. Excellent job on your part...both times!
As I see it we can both profit on our respective sides. There is enough volatility. You grab it as it falls. I'll grab it as it rises. We both win!
If Trump wins the Presidency there will be big changes. Once he opens a trade war with China all hell will break loose. Markets will plunge.
its going to be a very interesting US session. Is the bull run of the last 2 days in equities a real move or was it are those late bulls going to get slammed. Silver is leading Gold. Will the equities/gold correlation break.