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Joined: 28 Dec 2005 Posts: 12651
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Posted: Fri Mar 20, 2026 3:22 pm Post subject: Next Week Trading (Mar 20th) |
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Next Week Trading (Mar 20th):
I had a big loss Friday as the market drifted lower and lower almost straight down. The daily NYMO and its 20 day MA suggests a big bounce next week, although it may fall even lower after the bounce. So, I may be able to recover my recent losses quickly. Certainly, if the market opens low Monday, I'll buy SPY and QQQ calls, even if I have to sell some shares.
My portfolio is over $12,615,000 including $1,878,700 in cash.
Calls Contracts-Shares Long
SPXL 40,000 shares
TQQQ 40,000 shares
QQQ Apr 585 2026 1,000
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. |
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