PeakTrader.com

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Oct 30th Trading Log (Updates):

Current Trades: Sold the 200 NVDA puts at 10.4, sold 200,000 SQQQ shares at 13.05, sold 100,000 SQQQ shares at 13.15, sold 100,000 SQQQ shares at 13.22, bought back 100,000 SQQQ shares at 13.00, bought back 100,000 SQQQ shares at 12.95, bought back 100,000 SQQQ shares at 12.90 (delayed trade), sold 100,000 SQQQ shares at 13.02, sold 100,000 SQQQ shares at 13.05, sold 100,000 SQQQ shares at 13.10, sold 100,000 SQQQ shares at 13.20, bought back 100,000 SQQQ shares at 13.10, bought back 100,000 SQQQ shares at 13.02, sold 100,000 SQQQ shares at 13.12, and sold 100,000 SQQQ shares at 13.20 -------- QQQ is fundamentally overvalued, but technically bullish. Perhaps, it will pullback little, settle into a trading range, and rise into January.

My portfolio is about $10,375,000 including $10,374,200 in cash.

Calls Contracts-Shares Long

None

Puts Contracts-Shares Short

None

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks go straight up month after month.