The end of QE is obviously bad news for financials.
Bought some XLF puts for this week and next. This is the one sector that I don;t expect to bounce back tomorrow
Bought some XLF puts for this week and next. This is the one sector that I don;t expect to bounce back tomorrow
Note
Looks like it's gonna drift sideways today, probably best to wait until EOD and do next week's puts at this point.Trade closed manually
Flipped on the morning dip, kinda sucks because futures and XLF were red premarket until the Ponzi Friday pump. Made some beer money, lol.Will look at this again Monday
Note
I was right about one thing.... the market is not pumping financials even on a green day. Unfortunately it won;t go down though unless the market does
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.