Posts Tagged ‘index-funds’
A Trend Is Near, and Here Is Why
A trending move is very near. I know this because I am becoming disillusioned with the market. I’m starting to not care, the swings have been too short to swing and overnight positions are getting gapped one way or the other. The guys/gals who start trading depending on how the market opens are doing well. …
Possible Oversold, Possible Face Ripper
Market is at an interesting point here. Right above the 1050 SPX line, with some oversold readings, I could see the market putting in some kind of bounce. However, the indexes are so precarious and in such a bearish posture that the bounce won’t last long and/or oversold can do a 2-4 day move. We …
Stayed Long Vapor Banked 4%
The 2 index funds gained roughly 4% today, really 3.84%. I’m long SPX, RUT, NDX 2x funds and a little perturbed I don’t have much more than that. I am in a full 100% position in those funds, but I have no 2x ETF exposure. I am also long some VG on the small side, …
Market Broke Upward
Market broke upward on the daily charts, which is really leading the weeklies to a turn. Many indicators are also turning, however, these big up moves that turn indicators in-conjunction this late to the party, often spells whipsaw. I went to cash today, this morning in the index funds. Lost some money today due to …
Back To Cash, Nothing Has Changed Though
Cashed out of my 2x index funds which I got back into last Friday. Overall the trade produced some nice gains. I sold out of my IWM puts, TZA, and DRV overnight. I panicked a little in the morning and dumped my TZA and some DRV at profit in the premarket. Then took a loss …
