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Should have bought NFLX calls. The damn thing is up 33% in after hours trading. Crazy.
Regarding today's action, the chart was just like a duplicate of yesterday. A bottom at 10:30, then slow up from there.
My position was at half on the bottom and at 20% by the close. Apple's earnings failed and the stock is down -10%, so that is actually bringing down the futures, they are below where they were at 10:30 am.
So we shall see tomorrow. I might thrown in a few trades intraday if I get a clear signal...
Can you help answer these questions from other members on NexusFi?
Although NDX was nicely down this morning because of the AAPL earnings, SPX stubbornly rallied. Now at a little pullback I decided to close the position, lost 95% on it, sold at 4 cents. The account is at 26K, pretty much back to where it started. I expected this week to be a down one, but there hasn't been even a decent pullback, just relentless upgrind....
Bought 50 FebWk1 150.50 SPY puts for 0.95 Here I am assuming that today is ending in a Hanging Man and that will signal the top for at least temporarily... If the market still going up tomorrow I will dump it at half loss....
Probably early, but after the open there was already adverse market movement and I didn't want to give all the profits back, while the direction isn't clear...
