Market Trade 2.6.20
Pointers:
Tariff phase one started $75bn worth from China. China stimulus into the economy. Coronavirus still on the rise.
1) Impeachment Senate voted down. Pete and Sanders tied first in Iowa caucuses
2) Bitcoin at 9700
3) TTD tanked 5% then Tesla tanked 25% before even at 16%
Actions:
Sell as many calls as possible by end of the day and buy 1/2 puts. China driven - Nike, LK, Apple, Starbucks,
1) Calls
FEDX - worthless
FB - 1 left, try to sell
Apple - 2 hold
AMD - 3 hold
GLD - 2 hold
AUPH - hold
NVIDIA - try to sell
LULU - try to sell
EPAM - try to sell
2) Puts
Gold (defense) - hold
BABA - 1 left, hold for next week
Uber - keep until post earnings
CCL - hold
LK - hold
BD - hold
Hopes:
1) Apple runs, FB, Tesla (buy on reverse)
2) market tanks on Friday
Learnings:
1) Timing : Timed Tesla right. Save day trade for next week
Tariff phase one started $75bn worth from China. China stimulus into the economy. Coronavirus still on the rise.
1) Impeachment Senate voted down. Pete and Sanders tied first in Iowa caucuses
2) Bitcoin at 9700
3) TTD tanked 5% then Tesla tanked 25% before even at 16%
Actions:
Sell as many calls as possible by end of the day and buy 1/2 puts. China driven - Nike, LK, Apple, Starbucks,
1) Calls
FEDX - worthless
FB - 1 left, try to sell
Apple - 2 hold
AMD - 3 hold
GLD - 2 hold
AUPH - hold
NVIDIA - try to sell
LULU - try to sell
EPAM - try to sell
2) Puts
Gold (defense) - hold
BABA - 1 left, hold for next week
Uber - keep until post earnings
CCL - hold
LK - hold
BD - hold
Hopes:
1) Apple runs, FB, Tesla (buy on reverse)
2) market tanks on Friday
Learnings:
1) Timing : Timed Tesla right. Save day trade for next week
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