Ensure you hedge your trades and know your maximum loss and profit, especially if you have limited funds to dollar cost average or are trading options. For informational and educational purposes only, I prefer buying laddered call options on UVIX (1.5x), VXX (1x), and UVXY (2x) at sub-$13 levels over 2-4 weeks that align with my long "risk on" call expirations....
Irrational exuberance is contagious, Chilliz resembles Dogecoin in its speculative nature. The risk of not entering is higher than being out.
I can make the case that it's over, and I can make a case that the party is just getting started. This chart looks like it's only 7pm and we're on a beer run. Party on...
Since Central Banks interventions markets are insane!!! the whole world is watching the green trendline... well you know what happens when most expect one thing...
I'm just going to put this out there. Clearly, massive divergence playing out on larger time frames. I don't think this will end well so here's my buy back targets. Yes, I'm well aware markets can remain irrational longer than one can stay solvent. Hedged and watching with Popcorn. :) NOTE: NOT TRADING OR INVESTMENT ADVICE. ENTERTAINMENT ONLY!
Looking for history the last time apple recover so quicly was in 2007 it recover for 4 months then start to droping like hell, the question what justify apple trading at these levels, all fang not only absurd overbought, RSI Of stocks are in the 80, like msft, dis, amzn fb, the question you have to ask is why now? we are in a bull market so quickly you see in the...
Shares of TLRY, and many other pot stocks for that matter, have been on fire lately. While I've made good money along the ride, its just getting ridiculous at this point. This company went public exactly 2 months ago today.. the IPO price was $17. In 8 weeks time, it's up over 1300%! That's incredible for those that got in early, but its a clear sign of...
Bitcoin/USD Daily Bars, LOG Scale, 06/14/18, 5:30 p.m. EST, by Mike Mansfield Hi trader friends, quick post for a stock index move down that may happen from here or a bit higher. Even though we are into cryptos, I used to run a SP500 commodity program, then went all in on FX in 2003, so I like other markets besides cryptos. Here’s a post for futures & stock...