PeakTrader.com

[administrator]

Next Week Trading (Aug 1st):

Over two trading days last week, SOXL traded between 91 and 133! Also, ORCL finally broke above the 10 day MA, after two months, and closed above the 20 day MA. TLT with TMF (3X TLT) fell to lows not seen in over 15 years. MSFT is way above its upper Bollinger Band. I plan to trade these stocks next week and may buy SQQQ on bounces. We may rally short-term, but expect more of a pullback later this year. That may be an excellent opportunity to buy undervalued stocks.

My portfolio is about $10,290,000 including $5,583,200 in cash.

Calls Contracts-Shares Long

TLT 40,000 shares
TMF 20,000 shares
ORCL 5,000 shares
SOXL 1,000 shares

Puts Contracts-Shares Short

MSFT Sep 465 2026 20

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.