I think I'll be ok with my AAPL put as long as I'm Jonny on the spot tomorrow morning and the IWM still makes my theory on the candlesticks I just posted plausible, however there's been a lot of late day improvement in the SPY and one of the weakest looking sectors which is financials. I doubt that the two of those are going to mess up my expectations for tomorrow much, but it may open a Financial long which I've been staying away from because the group has looked the worst. Also if we are to have a bounce, the SPX needs financials as they represent about 22% of the Index.
I'll have more charts for you, I suspect tomorrow morning a lot more positions as well.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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