After earnings, selling the rally may work in this market. Who believes in the old cliche " Sell in May" ? We're not out of woods yet. The seesaw trend maybe our friend...
Works better on C than MSFT/QQQ. But C is a penny stock reverse split 10 times. So if it makes $77. 7 , its $7.77. But if one doesn't like larger trends may not help, it helped bears today, C. citigroup may close down, but still have about 1o minutes to go. LOL
I'm tired of staring at my thousands of shares of GE. Sold apr13 13.5 calls expiring today for .18 cents. Maybe it'll be assigned, currently trading at 13.51, blinked now it's 13.49. Also sold apr20 12.5 puts for .12 cents. Close at 13.50, mostly likely not assigned. So i'm still a proud owner of thousands of shares of GE. Hahaha Made gas money for the boat tho... Please don't mind me i'm babbling
Think we're outa the woods and smooth sailing until end of the year ? There is always a sell off beginning of summer followed by flat markets until late september. IMHO This year is no different. Any other thoughts out there...
%% NOT a prediction,L305; SEPT sell off seems to be much more common than sell in MAY-hey. AS far as QQQ, 2108 has had more sell + buy volume,]/rollerCoaster[than 2017] ,so most likely that patterns sticks.......
when you come to the month of May fork in the road of life, don’t waste time and energy wishing it was a spoon