Early on Monday, I decided to do two things. First, I took my (very tiny) profits on my PLTR short by covering it. Good thing, too, considering what happened after earnings.
Two Bullets Dodged
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
The Fog of War
The geopolitical environment and its effects on equities is driving me out of my tree. Trading, for me, has morphed into something akin to driving through a thick fog. It’s becoming exceptionally hard to see what’s ahead.
Cover Bands
I covered my Bloom Energy (BE) on Tuesday during the regular session and sold my Seagate (STX) put options yesterday. Considering what’s going on after hours, I am not inclined to smack myself on the head. At the moment, it appears those were good decisions.
About Costco
As great as this morning was, I was annoyed and concerned about my Costco (COST) put position, since prices were pushing higher (pro tip: see red arrow). I suspect this mostly has to do with money fleeing tech stocks and going ANYWHERE else. I’m pleased to report I swatted by hand away from the Sell button, because I’m trying to remind myself that these are January puts with gobs of time left.
Dangerous D.C.
Graham Platner notwithstanding, it looks like Maine is the safest place to be.
