Friday, February 16, 2018

Trade of the WEEK! SPY, DIA, QQQ


Anyone trading this week would have been rewarded handsomely.  

This was the best week in trading in the past 5 years according to one article.  Stocks beaten down last week recovered well.  Many of them returning back to there 52 week highs.  SPY, DIA, QQQ all came back off their 200 day moving averages and heading near or past their 50 day EMA.  


Friday, February 9, 2018

Trade of the WEEK! TWTR

Made a killing this week with TWTR.  Even in the midst of the downtrend, TWTR was King of the Hill.  There were a lot of losing this week, but there are always bright spots in the darkness.  TWTR was one of them.

With the Market going bonkers, it was a nice reprieve to find that TWTR jumped after earnings.  My general rule is to sell before earnings, but today was different.  I plain forgot that TWTR was reporting in the morning.  I was just used to the after market announcements, but today was a nice, nice report.

Wednesday, February 7, 2018

Trade of the WEEK!! VXX and UVXY

With the market tanking and FEAR running wild, the only safe place is cash, but if you are made of sterner stuff, you might consider the VIX etf.  There are two and I've been cashing in on the 2x ultra short term VIX etf with symbol UVXY.

This week I made over 200% and will continue to add more to my position until the market decides to return to normalcy.  VIX provides an inverse relationship to the SPY in terms of volatility.