administrator Site Admin
Joined: 28 Dec 2005 Posts: 11966
|
Posted: Sat Jun 25, 2022 3:41 pm Post subject: Next Week Trading (Jun 25th) |
|
|
Next Week Trading (Jun 25th)::
There may be a short covering rally into early July, then a pullback before earnings reports begin in mid-July, and then a retest of the SPX 200 week MA around 3,650, or lower, e.g. 3,000. Anyway, if SPX rises above 4,000, I'll start buying small positions in SPY or QQQ Sep or later puts, in case of a stock market crash, e.g. August to October, to possibly make some gains, although I plan to be at least 90% in cash.
My portfolio over $1,700,000 including $1,700,800 in cash.
Calls Contracts-Shares Long
None
Puts Contracts-Shares Short
None
Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks can go straight up month after month. |
|