Predicting Pullbacks
Predicting Pullbacks Everyone tries to guess the next pullback in the market – unless of course we are free-falling into a bear market! Then, traders are looking for the bounce – which often turns out to be of the dead cat variety. When they finally throw in the towel and stand back in despair – […]
Protecting Profits
Different SMAs. Now that we are sitting on profits people are starting to think about how to protect them. Our golden cross came in mid-May, and we got in around $590. SPY is now trading around $645, a 9% increase, which means that at a 50% strike ($323) you would have an 18% increase, more […]
Covid: Perfect Storm
Covid and the Perfect Storm. Covid affected most of us. I’m not talking about the disease itself, but the response by governments all over the world. Who can forget not being able to travel outside your country, your state or more than 5km from your home? Being confined to your house? Being coerced into having […]
