I guess I was right to be bearish yesterday, though some of my favorite garbage stocks are still green today like PTON, FCEL, RBLX.
NQ RSI touching oversold, but my guess is a whipsaw down like a couple of weeks ago. Taking tomorrow off so no positions, closed out BITO puts with a small gain. BTC will probably tank because i sold my puts, lol.
NQ RSI touching oversold, but my guess is a whipsaw down like a couple of weeks ago. Taking tomorrow off so no positions, closed out BITO puts with a small gain. BTC will probably tank because i sold my puts, lol.
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The right play this week would have been to short gold....
Something to watch next time we get inflation numbers, especially since it doesn't look like Russia has the ability to expand the war. That fear factor is dead now.
Something to watch next time we get inflation numbers, especially since it doesn't look like Russia has the ability to expand the war. That fear factor is dead now.
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BEarish/bullish/bearish lol. Whipsaw as I predicted
Bought 11 contracts of BITO $12 puts for kicks and giggles because I'd feel pretty dumb if cryptos tanked this weekend, prob a FOMO bet but I at least had to throw some beer money down
Bought 11 contracts of BITO $12 puts for kicks and giggles because I'd feel pretty dumb if cryptos tanked this weekend, prob a FOMO bet but I at least had to throw some beer money down
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LOST SUPPORT
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It's like the reverse of a melt up, just keeps bouncing off oversold condition.
I don't trade melt ups, and I guess I don't trade melt downs either. With my indicators, the best time to trade is when it cycles from oversold to overbought
I don't trade melt ups, and I guess I don't trade melt downs either. With my indicators, the best time to trade is when it cycles from oversold to overbought
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FDX with earnings warning after hours
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FDX guidance has a huge impact on AMZN and other online retailers....
Probably more whipsaw tomorrow, also the railroad strike appears to have been averted. Maybe even bullish because the short squeeze appears to be back on with garbage stocks firmly in the green now along with small caps.