The market has exploded higher today, filling bulls with joy that the Tradeable Bottom is in and that 7,000 is just around the corner on the S&P 500. To my eyes, the Russell futures simply clamored back to a popular exhaustion point. Of course, that villainous traitor Jerome Powell hasn’t had his show time yet.
Incidentally, I also acquired even MORE puts on IYR, which is the largest options position I’ve ever had in my life – – I’m talking BIG BIG BIG.
For my beloved paying members (ALL levels) here are five specific stocks which, just moments ago I shorted (by way of buying in-the-money, long-dated puts). Here they are……..
