I'm staying away for now. It wasn't too much higher than it is now just a few weeks ago after all the downgrades.
Yeah I am still holding the puts I bought. I am trying to decide how long I am going to hold them. This thing looks like dead money for awhile after that report. We will see what it does tomorrow. I'll probably cover on any significant weakness.
nice. I bought the 55p yesterday for 3 but closed at 5 because didn't think could go lower than 50 today
Bought into some TNXP and CHTP based on the recent dip and already up a little bit the last 2 days. Good stuff. Still looking at HALO but haven't bought in.
of course its gonna bounce up when the spx went from 1772 to 1796. I didn't think the weak jobs report would cause a huge market bounce like that. I'm going to put this thing again if it can't get over 62
I think 55s could be a pivot point for twitter. seems to be holding 50 though. Really depends on overall market now. I think spx could go to 1818 then reverse would signal a head and shoulders and we should see a retest of 1770, 1740 .
If I think that interest rates are going to go up is there a stock or index I can buy that will be able to capture that increase in interest rates?
Anyone playing CHTP this friday. I made about 10k on panel decision a month ago. Have now 4k at 5.29avg thinking of holding through again.
If interest rates go up, bond funds would go down. So if you can find a good way to short a bond fund, that would work - but keep in mind that bonds pay out interest, so the fund "loses" that value if its short the bond.