Saving the rest for Thursday morning.
Stoney!!!!!
Covered apple just north of $161. Too soon as usual.
I think it'll be safe to get back in the water tomorrow morning.
The nasdaq looked like it really wanted to go up there at the end.
There was a lot of resistance at 13,500 ish, but the Fed is done, TSLA's report was acceptable, it'll get moved all around tomorrow, but I don't think it'll tank the indexes even if it drops below $850, everything else will be green and hold things up.
Apple is tomorrow night, but even with a bad report, it won't drop too much. Stupid stock. Everybody makes such a big deal about it, I have no idea why. It's only up 11% for the last 52 weeks. Might as well buy and hold an etf, I fail to see its charm. Hell even Smuckers is up 15% for the last 52 weeks, and it fell back to $137 this week.
So while I reserve the right to change my mind before tomorrows open, it looks like clear sailing into Friday's close. Time for the vix to drop and all those billions and billions spent on all these tech stock options to start shriveling up and evaporate into the ether.
Oh... and the big dog... I did add to RH right before the close when it crossed $380 on the way down and then bounced. Zero fear on that one. I was ready to add at $400 tomorrow anyway so we got a deal. Maybe a little fear lol, I didn't use all the powder I've allotted for it. So, let it go lower. It's a multi-year hold. Best high beta granny stock in the world.
Know who needs to go into granny's shorts before they report? MCD. That place sucks. I wish I'd have noticed it at $270. It's at the bottom of the channel now, $252, I'll tell ya what though, I thought long and hard about shorting it when I covered Apple. It had already dropped though.
Snow's coming your way Stoney. A "Noreaster" lol. Better you than me.
