In this post about adding COIN to my growth stocks positions I described how I trade growth stocks. But lately I got stopped out fast from many positions I opened. Today’s market is sentiment driven rotation so far (out of tech stocks to defensive stock). This is possibly due to expectations about bad data coming Continue reading →
Bitcoin has its bloodbath and we got stopped out from the long position BTCI this morning. Because the trend of Bitcoin is negative despite this morning attempt to bounce, I am opening a short Bitcoin position using BITI: I will be placing a stop loss on the new BITI position.
We are opening a new SPX put spread this morning: Order Summary Sell to Open 1 SPX 02/06/2026 Put 6730 Buy to Open 1 SPX 02/06/2026 Put 6715 Limit GTC @ 0.80 Credit With the latest selling, I added a call spread to this trade on Tuesday. That converted the trade into an Continue reading →
Here is my outlook for the market and some of my core positions for the week of February 2nd to February 6th. This outlook is pure technical view based on simple technical rules. Last week, the markets reversed the pre-market decline and paired all losses. Then rallied on FED. We briefly topped 7,000 level Continue reading →
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