Looks like the algos are still at work. Should have stuck to my original gameplan of going long when TLT hit support. you can see MFI bounced when it hit oversold. Note it can still double dip into oversold because RSI never hit oversold.
Funny thing is, small caps have sold off every time it goes green. That and I made money shorting TLT this week so having a hard time convincing myself to go long.
The only thing that looks bearish is Chinese ADRs, but remember they trade on Monday and we don't. Wil wait until EOD, maybe go lightly into LI puts with half of this week's profits.
Funny thing is, small caps have sold off every time it goes green. That and I made money shorting TLT this week so having a hard time convincing myself to go long.
The only thing that looks bearish is Chinese ADRs, but remember they trade on Monday and we don't. Wil wait until EOD, maybe go lightly into LI puts with half of this week's profits.
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One bit of warning for anyone holding a long position over the weekend..... the market gapped down 4 days in a row.
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Kinda funny, I just realized you could have bought puts EOD every day this week and flipped on open the next day, lol. How hilarious is that?
(Unfortunately for me, I picked BTC earlier this week. Right idea wrong stock)
(Unfortunately for me, I picked BTC earlier this week. Right idea wrong stock)
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Futures red and if it stays that way then it's 5 days in a row where it gapped down. Looks like I bought the wrong puts again though, LI is up since Friday. China went up SUn the down Mon, but LI managed to stay above Fri close.
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For the first time in a while, EVERY COUNTRY is red, except Turkey and Russia, but neither have any impact on US at all.
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Wish I had shorted PDD as usual instead of screwing around with LI. Oh well.