Hmm watching the spread on emerging market bond ETFs like LEMB, EMB, etc is interesting - only about a 1% down in PM. I wonder if they will go north at the open. AG based commodities WEAT, JO, etc holding up fairly well so my longs are doing ok right now.
I bought some lotto call options yesterday, towards the end of the day, thinking this was in the bag...def worthless now...lol
Miners are on fire. CDE set to open almost +9%! (I'm out, but I did ride it from $2 to $8 so I can't get too upset) wish I was still in though
My Buffett-like super long term holds will take a huge beating for a couple of years if things keep getting worse, but hoping the long-term holding method works in the long run. In the meantime, I have cash that I've been holding just for this type of correction/collapse.
Got some AMZN, etc (fangs) and am starting to unload for a day trade. Then I'm going to just watch. Miners selling off the spike. Back to positive territory on some of my longs already. I admit my RGR ain't doing to well. I'm down 5% ($500) on that wondering if I should continue to hold. I keep telling myself gun stocks will do well in this environment. IDK anymore. $63,50 is a tough resistance to get over it seems.
Ditto on that. Long positions with good paying Divi's are good hold. I was a little low cash but I held the proceeds from 5 trades just in case Brexit sunk the markets.
Yeah. Took a page out of Buffett's playbook and got some of his top holdings. Dividends may get reduced, but at least there'll still be some.
Amazing rebound here and abroad considering the overnight price action in foreign markets and futures, as well as the price moves running up to the vote. There seems to be pervasive attitude in the markets as of late to always buy the dip, no matter the cause or current fundamentals. Increasing my short position if SPY continues to rebound today. Eventually this blind buy the dip strategy has to fail, right?
US markets back to normal by Tuesday! Barring any major margin calls from big funds, we could be in the clear!
With the big banks doing good on the stress tests could give a boost when the Fed rules on them next week. I know BAC was up decently in AH yesterday on heavy volume
American Football players trying to make a comeback I got some open short position so I hope this market heads back down again by next week. Since I have shorts open watch it shoot up.
