Now, I am reading (bought from amazon)
- “Dynamic Hedging: Managing Vanilla and Exotic Options” expensive book, tough to read.
- Trading and Exchanges: Market Microstructure for Practitioners
Now, I am reading (bought from amazon)
Dynamic hedging is for market makers.
Understanding the concepts helps a lot. I am learning more and more, it is interesting world.
The one that only matter is green amongst the mostly red
Time to sell the sea-worthy dinghy and buy the leaky dinghies? It has been sea-worthy for so long, is about time it will be leaky. Those leaky ones have been leaky for so long, is about time to be sea-worthy?
Here is another example why not to believe news/media.
CNBC gives (scaring retail investors): 6:AM Stocks traded lower on Thursday as concern about the economy grew among traders following the release of disappointing unemployment data and a dour economic outlook from the Federal Reserve.
The Dow Jones Industrial Average dropped 77 points, or 0.3%. The S&P 500 slid 0.2%. The Nasdaq Composite outperformed, rising 0.3%.
7:30 AM => Stocks are flat as gains in tech offset worries about the economy
11:30 AM => Stocks rise slightly as gains in tech offset worries about the economy
1 PM PST => Stocks close slightly higher as gains in tech offset worries about the economy
Truth is market acts first, CNBC follows the market finding an interesting story to attach to that action.
But, here is my play, spy morning put sale !
Apple may seem expensive at 33 times earnings with a 10% growth rate, Cramer explained, but shares are actually not that expensive when you consider Apple’s product-plus-services models that gives it tremendous earnings potential. The trade war with China is perhaps the company’s only risk at the moment and if the Democrats win the White House, even that risk may be minimal.
A pessimistic EW count (@Jil Get ready your cash*),
*Btw, many stocks appear to have completed or nearly completed a wave one of either Primary or Cycle degree. Retracement varies from 23.6% to 99% of the previous impulse. I am getting out of many stocks in my trading portfolio. Had already closed all TQQQ and UPRO position. Sell and wait/ watch some TV serials
See again on regular schedule every month. Chinese knows how to play this game and its in there interests that all money printing end up in Tesla , Apple etc. i made the same comment on Tesla thread.
Yes, already in cash mode, but some DT possible now and end of day it is cash mode again. No UPRO nor TQQQ.
Still market can go up, but it is not safe for me to take any risk.
Just keeping some RKT (Speculative).
Optimistic count is going up to $541
Tim Apple is unloading. Suckers beware.
With the opening of a new space ship in Singapore, AAPL is poised to hit $600 bull case is $700 according to Barron. Let’s go.
News/Media team is very unreliable source for investment. The issue is some day AAPL will reach these figures.
Wrong landing point affects individual’s CAGR (compound annual growth rate) !
Apple can’t win. Time to fold.
Apple censoring speech.
Jump in now and then to brag?
How is your child? Have enough sleep?