The market wants higher. I will not try to get in its way.
But, I will look to start new shorts again, whenever the market looks tired. It might even be later on today.
The market wants higher. I will not try to get in its way.
But, I will look to start new shorts again, whenever the market looks tired. It might even be later on today.
I covered my pre-market shorts early this morning, but have put them back on now.
I am not a believe in this rally yet. I think there is a lot of volatility to come. FXY looks interested on the long side too.
On the long side, I like HAL here.
This is just a trade. I am short from $98.30.
I am not risking much ahead of the jobs report. I had too good of a week, so far, than to blow it on some stupid, meaningless, jobs report.
I am using 1,600 on the S&P as a line in the sand, deciding my bias. If we close below it, I will short. If we close above it, I will buy.
Stocks on my list include REITs, like AGNC (bought a little today) and O, AMAG, CIMT (bought a little today), HAL (bought some of this too).
If they rip them tomorrow, I am a seller. If the market tanks, I am a buyer.
Taking some small positions here, buying CIMT and HAL.
Made a killing. Closed out my IWM shorts and sold puts.
I am now in cash, waiting for my next trade.
I added to my $IWM short, making it a full position.
I believe this market to be toast.
This tape is toast.
Using this reprieve in the tape, with the Dow barely down 90, I threw half my shorts back on. I will make a judgement call about covering or adding to them depending on the close–the last 10 minutes of trade.
I am using IWM as my vehicle, both common and options.
I covered all of my shorts with the Dow down nearly 100. I will look buy the blood into the close.
I covered half of my IWM short, puts sold too, below $97.80.
For now, I am letting the other half ride.
The market wants higher. I will not try to get in its way.
But, I will look to start new shorts again, whenever the market looks tired. It might even be later on today.
I covered my pre-market shorts early this morning, but have put them back on now.
I am not a believe in this rally yet. I think there is a lot of volatility to come. FXY looks interested on the long side too.
On the long side, I like HAL here.
This is just a trade. I am short from $98.30.
I am not risking much ahead of the jobs report. I had too good of a week, so far, than to blow it on some stupid, meaningless, jobs report.
I am using 1,600 on the S&P as a line in the sand, deciding my bias. If we close below it, I will short. If we close above it, I will buy.
Stocks on my list include REITs, like AGNC (bought a little today) and O, AMAG, CIMT (bought a little today), HAL (bought some of this too).
If they rip them tomorrow, I am a seller. If the market tanks, I am a buyer.
Taking some small positions here, buying CIMT and HAL.
Made a killing. Closed out my IWM shorts and sold puts.
I am now in cash, waiting for my next trade.
I added to my $IWM short, making it a full position.
I believe this market to be toast.
This tape is toast.
Using this reprieve in the tape, with the Dow barely down 90, I threw half my shorts back on. I will make a judgement call about covering or adding to them depending on the close–the last 10 minutes of trade.
I am using IWM as my vehicle, both common and options.
I covered all of my shorts with the Dow down nearly 100. I will look buy the blood into the close.
I covered half of my IWM short, puts sold too, below $97.80.
For now, I am letting the other half ride.