Also note, this is not the same as $INTC calls i hold. This is actual shares, IV% is too high for it work on Calls alone at this point. I mean i only really would advise calls in general on a serious market chop/Bottom where it could V. Otherwise you have to be strategic.
Hit 21EMA on both $SPX and $NDX, should bounce here. If not, i think its better as it means ass will fall out and i will buy on Monday US open some more. Would advise to look across the board for decent setups this weekend to buy next week as it may be last op for now.
Also note, this is not the same as $INTC calls i hold. This is actual shares, IV% is too high for it work on Calls alone at this point. I mean i only really would advise calls in general on a serious market chop/Bottom where it could V. Otherwise you have to be strategic.
Yea i think something is coming/joint action from them, already back above 159 after intervention to 155 a few weeks ago. It's not a good look for Asia markets confidence. 160 has usually been the range.
Still horrible, i don't think i can recall a market bottom where its been so shit. I mean on the brighter side it support my view that the next leg (following this little dip which is nearly over) will be much more broad into summer.
I've just looked at $S5FI for the first time since the bottom in March. What absolute shitshow of a rally in stocks outside of Semi's. Couldn't even reach above 60.
@MoneySniperX No, it think it does a false dip on a shallow SPX pullback and then goes up. 21EMA is 214, breakout support around 211. So if can get in anywhere sub $210 would be a gift.