PeakTrader.com

[administrator]

Next Week Trading (Oct 18th):

SPX closed the week at 5,865. It'll likely top between 5,900 and 5,950 next week. Then, expect it to pullback below 5,700. So, I plan to buy more short positions, possibly including Nov puts. Also, expect volatility to trade. A pullback may allow me to buy more of my long positions at lower prices, and perhaps buy SPXL and TQQQ.

My portfolio is at $4,910,000 including $2,598,700 in cash.

Calls Contracts-Shares Long

TLT 10,000 shares
APA 10,000 shares
UNG 10,000 shares

Puts Contracts-Shares Short

SPXS 100,000 shares
SQQQ 50,000 shares

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 go straight up month after month.