Bad news - We are getting screwed for theta time premium in options Good news - This bump in price accelerated the 10WeekMA closer making it easier for this selloff to occur.
They are pumping the market hard into the holidays. I understand if people want to reposition or take the loss. I am going to wait until after the tariff deadline - better or worse. My opinion - Trump will look weak if he walks back tariffs without any actual deal being signed.
Question - What the hell is in the "Phase one" deal anyways? No one knows. There is zero information on how many phases, whats in each, etc.
Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY. Short SPY, AAPL
Order cancelled
China Deal reached. I am watching for actual bearish cross to enter this to downside. The catalyst did not work out in this case.
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