PeakTrader.com

[administrator]

Next Week Trading (Feb 7th):

We likely just had an oversold bounce Friday, but the downtrend probably isn't over. TQQQ rose about three points Friday to 50 1/2. Both the 20 and 50 day MAs are just below 54. So, if it rises towards those MAs, I'll buy SQQQ shares. If it pulls-back towards 49 Monday, I'll buy TQQQ shares. Also, if TLT falls below 87, I'll buy shares.

My portfolio is about $12,975,000 including $12,972,800 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.