Great write up! What are your thoughts on buy back season starting? Do mega caps usually buy back irregardless of uptrend or down trend based on your experience
Personally I hate playing the short side bc stocks go up like 90% of the time I would say your best bet is wait for the close, see the reaction to Apple and Amazon. From there I’d just sit out for a bit until the 21 is reclaimed, the market always seems to find a magical pump higher
Great stuff! just paid for a subscription
You just gotta be cautious and look at this follow through this morning. It doesn’t happen often but we have to appreciate when it does
Great write up! What are your thoughts on buy back season starting? Do mega caps usually buy back irregardless of uptrend or down trend based on your experience
Buybacks are all we have lol we don’t have much earnings growth without them. Stocks down is a blessing for long term investors
Thx for the heads up. If you were to buy PUTs on the Spy how would you play it?
Personally I hate playing the short side bc stocks go up like 90% of the time I would say your best bet is wait for the close, see the reaction to Apple and Amazon. From there I’d just sit out for a bit until the 21 is reclaimed, the market always seems to find a magical pump higher