Consistent with how this bull market has unfolded, it would not surprise me in the least to see a melt-up even in the dreaded September/October part of the year.
Still, my book has a few individual shorts hedged up against some longs. And I am ready to adjust quickly, as is our reputation inside the 12631 Trading Service, to whichever surprise the market brings with it, scary or not. That said, if you click on this 12631 link, you can see that @RaginCajun and I closed out August with a string of nice winners.
Enjoy your long holiday weekend.
Nice close on $BLUE here.
you do the same chess. thanks.
Enjoy your weekend, Chess. Maybe some quality beach time, or the like? Gotta enjoy…. Olde Man Winter is lacing up his Danner boots as we speak…
Went long one month SLV calls. looking to buy SLV cash as well. Bought small taste of december IWM puts. stil short LVS and Long BRCM calls. Lots of cash. I will willing to adapt but I see trouble ahead.
Hi Chess,
Is HD a good short here?
Thnx!
The retarded action to end the month is most likely a negative. No need to miss a blow off top but they only lead to one thing. Why if money is flooding our markets are they? There is a rat in the tape.