You simply cannot sell short stocks into Turkey Day. However, you can take a position in high yielding utilities, REITs, and gold in order to “just in case” your way towards victory.
Markets struggled all day. The highlight of my day was trading KRTX unsuccessfully. I had a 13% gain dissipate into a small loss. Stubbornly, I wanted the magical number $100 to be realized — and was quickly corrected when the stocks shrunk and the sellers came in with their orders. I rather enjoyed the excursion and would of course do it again. These runners are merely gambits that can swing either way. The key is to not let them turn into investments. Look at that NXTC — ran good and hard and now is half the value. Some of the runners can sustain; it’s all based upon the news item that is pushing it higher in the first place.
Mixed bag for me — especially with my Quant shedding 50bps. I look forward to more fun times tomorrow.
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she just hit 100. good day
How do you price a small-cap drug stock that just announced a successful clinical trial? It’s not science, and not art, just pure dumb luck.
It hit $130 today, up from it’s lifetiem range of $11-$25. Is that a good price? Who the fuck knows. At least if I scratch a lottery ticket, I know what’s it’s worth *after* I win.
Lower beta days often illustrate master-algo preprogramming (and/or their agendas or designs) better. Dow had stoplimit pivots at the start. for-next subroutine subsequently. Nasdaq general for-next infusions. S&P always does a lot of following but had a greenclose order on it. (most likely 3index greenclose order) Vix could have been the input for dow, most likely tagalong in this case
so many secondary stories/headlines through the day, when considered as context, provide reasonably credible THEORIES to movites, for this in your face bullshit
That’s why I continue to render my FINGER to be seen DISTINCTLY
gold as fickle as fuck but might be something now.
the economists say the markets anticipate 6 months but I doubt that applies at turning points. the American consumer is pretty much in control of the wagon.
Yup, and just how is the American consumer holding up?
https://money.cnn.com/quote/quote.html?symb=HD+M+GPS+KSS+JWN