Looks like the feds has their red bull this morning and are buying all their blue chips with our tax money.
wow, its easy to make money in CCL....lol. CCL is basically a spec stock now, forget its fundamentals.
looks like my AMD shares will be safe, phew. thank god for that pull back yesterday. i sold calls against my shares earlier in the week at 57 strike price.
This bounce not looking so impressive so far Bought a little bit of DOG at$48.52, I am long and would still be better for me overall if the market goes up, but adding a little bit of a hedge here just in case if we have a severe pullback/correction
On a brrrrrrrrrrrrrrighter note https://www.reddit.com/r/wallstreetbets/comments/h7jgr8/i_guess_they_didnt_like_my_printer_goes_brrrrr/ edit, reading further down I found this jem: https://brrr.money/
I had a chance to exit at around 3090 but didn't. I wanted 3100. So, I didn't execute well there. But, now, my theory says that the the price shall go back to 3050 minimally. I may have to exit there to break even [and plus because I added in at around 3010].
But it all depends on price action. If it looks like it shall rally a lot beyond 3050, I shall not exit until it seems "appropriate"
I exited some of my long positions at the conclusion of today's trade at SPX 3040. I don't care at this point if the price goes up or collapses. If it collapses, I shall buy more. If it goes up, I can profit take at some point. I do expect the price to rally some more [at some point--could collapse first]--at least to 3050 but possibly to 3200 and +. But, it's pretty crazy right now. You have stay sharp