Sold SPY Puts long CLOV 8.54
NFP coming Friday. I think they will be good. Getting tons of job requests by recruiters.
Sold FCX 3000 at 35.70 from 35.00
Popular posts from this blog
Always good to make almost 2 weeks of pay from your regular job in 2 minutes on a day trade
Odds of making a new high on IWM and SPX are now 50/50 IMO. For the NDX I would say it appears to be going to 13600. I can't see NDX making another new ATH at this time. But anything can happen. I may reduce half my longs depending on how the market trades in the last 2 hours of the day. Again, I still wouldn't be surprised if today's action reflects 1st of the month effect and we have a down day tomorrow. OD
Got a job? It may be better to stay on unemployment with Biden's welfare package. I think people would rather stay unemployed and collect free money than have to work under shitty conditions for about the same that they get from sucking on the government teet.
ReplyDeleteYeah man I've been working this whole time. But wife got laid off last march and still collecting the cheese. It's only 600 to 700 a week but it's good for people that don't get paid much. But it ends in September so it won't last forever. But it will keep the economy afloat and cause massive inflation.
DeleteStocks bottomed I think. We should get another opportunity to short in a couple of weeks but I think SPX hits new highs again while NDX will form a right shoulder.