Market Trade 3.12.20
Pointers:
Market crashed 1400 points yesterday and down another 1000 points today after Trump's unconvincing speech and banning of 30days travel from EU.
1) Bitcoin Down to 7K, Cut all poistion
2) S&P: 2.9K, Dow 23.5K,
3) Monitor XEBEF, tanked to 2.54 again after 2.73 high, tanked to 2.03, tanked to 1.89. Lost 10%, Cleared all no more hold
Actions:
Prepare for day trade today (Thursday). Plug, Apple, Tsla, CCL may be good plays
1) Calls
2) Puts
Apple - Sold
CCL - Sold
AMAT - day trade sold
UAL - day trade sold
Hopes:
1) Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades. Plug reporting this week
Learnings:
1) Timing : Don't buy puts after historic rise. Don't buy call after historic drops.
Market crashed 1400 points yesterday and down another 1000 points today after Trump's unconvincing speech and banning of 30days travel from EU.
1) Bitcoin Down to 7K, Cut all poistion
2) S&P: 2.9K, Dow 23.5K,
3) Monitor XEBEF, tanked to 2.54 again after 2.73 high, tanked to 2.03, tanked to 1.89. Lost 10%, Cleared all no more hold
Actions:
Prepare for day trade today (Thursday). Plug, Apple, Tsla, CCL may be good plays
1) Calls
2) Puts
Apple - Sold
CCL - Sold
AMAT - day trade sold
UAL - day trade sold
Hopes:
1) Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades. Plug reporting this week
Learnings:
1) Timing : Don't buy puts after historic rise. Don't buy call after historic drops.
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