- numerous studies i follow, including this one by quantifiable edges, suggests that seasonal weakness for january may begin tomorrow and last through friday the 26th...
- i am looking to reduce my longside exposure: when CERN and NBR broke out of their daily base on tuesday, i picked up some cheap out of the money calls on each of them...i just sold them for about a triple on CERN and a double on NBR...
- if the typical mid january weakness manifests, i will look to buy some NQ for a discretionary swing trade...
- i will also scan the charts and look for strong stocks that put in controlled pullbacks...once i sense the move down is over, i will get long some strong stocks via cheap out of the money calls...
Posts
TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
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The investment plan, announced at the White House, was made as the Trump
administration pushes to bring chip making back to the United States.
3 hours ago
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