PeakTrader.com

[administrator]

Mar 30th Trading Log (Updates):

Current Trades: Sold 10,000 IGV shares at 78.20, sold 4,000 ORCL shares at 141.00, bought 200 more XLE May puts at 1.47, bought 100 more XLE Jun puts at 2.03, sold 200 XLE May puts at 1.66, sold 1,000 MSFT shares at 365.20, sold 200 XLE May puts at 1.71, sold 100 XLE Jun puts at 2.42, bought back 1,000 MSFT shares at 358.00, bought back 10,000 IGV shares at 77.50, sold 200 XLE May puts at 1.8, bought 10,000 TQQQ shares at 37.80, bought 10,000 TQQQ shares at 37.40, bought back 2,000 ORCL shares at 137.00, and sold 10,000 TQQQ shares at 38.00 -------- XLE's weekly and daily RSIs are at extremes (mid and high 80s), which suggest a pullback soon. Longer term, within few months, it'll likely fall over 30%. MAGS may be a buy.

My portfolio is over $13,430,000 including $7,720,700 in cash.

Calls Contracts-Shares Long

IGV 30,000 shares
MSFT 5,000 shares
ORCL 8,000 shares
TQQQ 10,000 shares

Puts Contracts-Shares Short

XLE Jun 60 2026 400

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.