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Buckle up Guys its starting
- Thread starter propwarrior
- Start date
Short IWM big time
Tempted myself to short but damn that market has been on a total tear...non stop....
I used to short the Russel with TWM and SRTY but haven't touched those in over a couple of years
Went long more JNUG....
Not adding any longs until a nice correction comes along.....everything is extremely overbought
Too bad I didn't buy a ton of JNUG.....now trading above 8...bought below 7....
LABU is the clear winner in the past week...Good symmetry at those lows, but really it's the same story as Brexit. The market has a tendency to enter a "vacuum" and it can be a short lived world of pain...
Shades of 2000 this past week...These "sector rotations" are happening all over the place...An hour ago Russell was up over 2.00% while NQ/ES still lagging (or how about yesterday with NQ getting crushed) and Russell steadily climbing.
Shades of 2000 this past week...These "sector rotations" are happening all over the place...An hour ago Russell was up over 2.00% while NQ/ES still lagging (or how about yesterday with NQ getting crushed) and Russell steadily climbing.
Reason for NQ crush is leaning on FB ...AMZN....GOOG and AAPL.....
Oil breaking down again today along with gold....
Still waiting for the bond bubble and that ohhhh so promised rate hike by the fed next month...
not much to say apart from the Trump win was spot on but the call that stocks would tank was totally wrong. GL