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I was upset with myself last week for fumbling the FNGD trade. I have made it right, it seems, by entering it again in size yesterday. So far, so good. Full disclosure time, though: since I’m a bit of a pantywaist, I’ve taken profits on FNGD and SDS as well as my QQQ puts! Anyway, here was the lift-off on FNGD:
I’m seriously digging these early morning drops. Let’s make it a habit, because it’s good for my positions.
Whereas the U.S. markets are fairly moribund (case in point: the NASDAQ peaked four MONTHS ago and has been grinding around ever since), overseas markets have gone absolutely ape. You can see this by way of just about any country fund and, broadly, via the EFA:
