Market Trade 2.25.20
Pointers:
Market down hard globally yesterday- 3% drop, some 5-7%. Globally still sideways down.
Down to 8.5K
1) Bitcoin at 9.6K, position trimmed to 5K
2) S&P: 3K, Dow 28.5K,
3) Monitor XEBEF, tanked to 2.85. Lexagene sold then enter XEBEF but at 3.01
Actions:
Start selling to get up to 10K. Speculative SPCE and Tesla? NEed day trade to play SPCE
1) Calls
MSFT -
Apple -
Square - earnings 2/27
AMAT
TTD - 1 left
FB
ROKU - sold yesterday
DNH - 1 left
ADOBE
LK -
AMD -
2) Puts
GLD - hold
Macys - hold
Hopes:
1) All call runs. No day trade. Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades
Learnings:
1) Timing : Always balance your portfolio. First time all calls positioned no defense or put
Market down hard globally yesterday- 3% drop, some 5-7%. Globally still sideways down.
Down to 8.5K
1) Bitcoin at 9.6K, position trimmed to 5K
2) S&P: 3K, Dow 28.5K,
3) Monitor XEBEF, tanked to 2.85. Lexagene sold then enter XEBEF but at 3.01
Actions:
Start selling to get up to 10K. Speculative SPCE and Tesla? NEed day trade to play SPCE
1) Calls
MSFT -
Apple -
Square - earnings 2/27
AMAT
TTD - 1 left
FB
ROKU - sold yesterday
DNH - 1 left
ADOBE
LK -
AMD -
2) Puts
GLD - hold
Macys - hold
Hopes:
1) All call runs. No day trade. Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades
Learnings:
1) Timing : Always balance your portfolio. First time all calls positioned no defense or put
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