$DJIA(.DJI)$remember this is a bear market, up trend will be challenged in next week. I will see a drop in financial, tech, digital coin sections. Energy section will get support.
$NASDAQ(.IXIC)$The market really cheers up with FED comments regarding slow down pace of hiking rate and didn't see the big change of economy. From technical indicator, the index posed a strong short term up trend today. Tomorrow will face a move to break through last high. But from Marco economy indicator, still a huge pressure from inflation and CCI.I will pick the side of SHORT. and wait the opportunity to open short position or bear option spread.Watching $meta$, $Googl$ and $Coin$
20221102 Review and Prospect Today's speech by the chairman of the Federal Reserve has become the key to the market trend. Several key points: 1. The interest rate hike will continue, and the peak value may exceed expectations; 2. The pace of rate hikes may slow; 3. The U.S. economy is strong, and a strong dollar may challenge some countries; 4. Inflation remains severe, don't expect a return to the 2% target in the short term. The market responded with a rapid decline, which is a normal reaction. If pessimism spreads, it will end the rally, and the Nasdaq is likely to hit a new low. Therefore, it is a better choice to stay away from technology stocks in the near future. Pay attention to balance positions, continue our previous strategy, use options to short technology stocks such a
$Alphabet(GOOGL)$miss and $Microsoft(Msft)$ slow, both of 2 big tech disappointed the investors with worse earning reports. It will reflect to a tough market tomorrow. Consider other big tech like Amazon and Meta will release earning report, it probably stops this rally. For option trader, balance your combined holdings is important. I will have some short term put option of AMZN and Meta to balance my positions. Chasing put of msft and Google will really depends how the market is going. Welcome are discussion and questions
$NFLX 20220722 190.0 PUT$Netflix will disclose financial report post Tue. It's strange the stock soar before it. I don't believe the company have big improvement even it will cooperate with $MSFT. Open Put position today.
$Semiconductor Bull 3X Shares(SOXL)$Semiconductor section rally as $TSM$ reported double beat earning report. It's a good sign to remove market fear of earning drop. It's worth to buy now and expect more gain than other sections.
$NASDAQ(.IXIC)$ 20121104 Review and Prospect It has to be said that the market can't wait for any news that may delay the rate hike. Markets bounce back amid rising U.S. unemployment numbers. Even the market pulled back sharply, it is still a bearish line on the weekly line. The economy has actually deteriorated, but prices are still climbing. Oil prices have risen sharply today. The possibility of a soft landing for the economy is less likely, and a hard landing is more likely. Given that both technical and fundamental support the market decline, I personally think the Nasdaq will break out next week. Under the current situation, I will adjust the position to short, and try to avoid chasing the rebound next week. The dollar fell sharply toda
$NFLX 20220722 190.0 PUT$Like my last post said, I don't believe Netflix will disclose very good financial report. So I opened put position. This position got pretty good performance today. Unless Netflix down sharp tomorrow, I will keep the position. I'm going to share a series trading, and my strategy, my understanding to deal with the coming economy recession. If you like to know, follow me.
$NASDAQ(.IXIC)$post market cheers up by $msft$ positive fy2023 estimate. Despite Microsoft q4 double miss wall street estimate.The question is, the deal of Microsoft and Telstra will save the stock market? I don't think so.The early morning tomorrow more like a up jumping, but beware of afternoon pulling back. Especially after FED minutes.Caution, Caution, Caution
$NFLX 20220722 190.0 PUT$netflix reported a good enough result with less than expected subscription drop, and less than expected revenue blaming currency exchange rate. I didn't see it positive but the market cheers with more than 7% post market up. It's tough for my position since going opposite. I still want to see Netflix price drop back, and I have a choice of changing the position to long August put, or Short August call. Which one is better?