I hear you.
Idea: Allocate different percentages of buying power according to certain criteria.
Eg: low volume stock max 10%, low conviction ideas 5%, high conviction 20%, etc
I think TSLA is a sell.
Reason:
That selloff at the beginning of the month was my sell signal.
And this is just a bounce before another leg down
yesterday was a lower high on the daily too.
Not distressed per se, but bond trading idea:
When a bond goes from BBB to BB, investment grade fund managers must sell. But there are relatively few buyers ---> buy when oversold!
Investor Makes Mammoth VIX Bet That Could Pay Out $265 Million
Big bet on a powerful resurgence in market turbulence sees ‘fear gauge’ at 25 by October
https://www.wsj.com/articles/investor-makes-mammoth-vix-bet-that-could-pay-out-265-million-1500917145