What Worked Today 21007
I’ve been short index funds, but failed to post about it. However, I was did post about the March 45 QQQQ puts. They finished the day with a 34% profit, however I only got 23% of it. It doesn’t suck.
Made a couple of day trades today.
HANS +1% still holding, GOAM 3% sold(wish I still held), and bought LMRA +1% still holding.
GSS continued its move higer as well as NXG.
I decided to CUT my VPHM position in half today as a safety net. I nailed greater than 35% profit on it and I want to let those profits do the work from here and use the extra cash for something else.
Next week we are sure to see volatility, so thats why I’m quick on the trigger. I’ve been barking about the gold trade for a few weeks now. NXG clicked some good swing trade signals today on the weekly chart and the daily looks good as well without being overbought. GSS saw its best volume since October.
