What’s Next for Naz

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Well, if you notice some of my eyebrows being singed, it’s because of Facebook (META). I came into the day long some August puts, and, thanks for the company’s blow-out report, I dumped them for a not-very-tasty 40% loss. Incredibly (and perhaps foolishly), I am steadfastly hanging on to my QQQ puts for the moment, which expire tomorrow. We shall see! As for the NQ in general, in recent days we seem to be hammering out a clear series of lower lows and lower highs. It’s kind of all up to AMZN at this point, which reports after today’s close.