$AMD
another example of EMA respect today. days like these can make a month. AMD had relative strength at open but could not keep it as market weakness pressured it to the downside.
I noticed it started to get 'choppy' towards EOD, resort to the stronger names instead.
$MSFT || Short The Pops
price action is bearish until it's not. throughout this entire day, the 9/20 provided enough opportunities to short the pops. If you need more conviction, wait for patterns to setup but don't expect it to be a reversal but instead continuation.
$AAPL || Trend Day
the market provided every trader the opportunity to make bank today. trend days can be the easiest money out there, yet we try to time the reversal and lose.
Rule #1
"I'd rather be wrong following the trend than be right going against the trend."
$AAPL
this one got me a bit, but what's worst is I didn't enter any puts for this selloff because my emotions. literally bought the top but I was still disciplined with plan and SL.
it's always a mental kill shot when you buy a contract with the trend and you get KC'd on the next candle.
then you look back and you bought the wrongs side of the reversal. happened twice today 🙄
$AAPL $QQQ
For more information:
Youtube:
https://t.co/u10CqHDF9g
Investopedia:
https://t.co/y2dtNA0hV2
If you have questions, hmu! Hope you enjoyed this crash course for these bonds.
Series I Savings Bond
an inflation designed protection bond that is currently yielding 9.62%.
if you have capital laying around that is losing value due to inflation, and do not want to 'invest' it, this bond can help mitigate this depreciation.
⬇️🧵Thread🧵⬇️
To summarize, if you have capital that you are considering for CD's or HYSA, & do not need it for at least a year
OR
you do o not want to invest additional capital in this volatile, bearish market
I'd take advantage of these high rates from this risk free investment!