Posts Tagged ‘russia’
Shorted The Indexes This Morning
I shorted the indexes with a full position this morning while the indexes were up in the range of .50%. The RUT finished down -.18%. The gain turned out to be around 1.2% avg between the 3 I trade. What I owned going into today: EWZ Nov 71 puts, UNH Nov 27 calls (sold for …
Buying Weakness – Still
Bought UWM and QLD this morning with impunity. Up on both of those trades. I knew I had too much of a good thing when CALM hit 9%. Today it pulled back hard. Things still look ok and I’m looking beyond this week’s trading action, not tomorrow or Friday. I’m a little ticked though I …
Fannie Cuts Divy, Russian Tensions, and Morgan Freeman Goes Home
These three things have one thing in common. They have no bearing on short term market direction. Its all about the US dollar. You are starting to hear about it on blogs and TV. The market is moving higher because of it. You heard it from here on August 4th. So I’m glad one of …
