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StockRake

My stock trading journal. I time the market and look for trading opportunities in stocks, etfs, and options.
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RUT Levels

Started by StockRake · 7 months ago

Looks like RUT might test 451.3 or 456.52.
I’m short the indexes, and bought short ETFs this morning too including: QID, REW, SZK, and SMN.
Then picked up some TNA as a, yawn, hedge that I will dump at those levels if reached.
Market typically doesn’t bott ... Continue reading »

3 comments

  • My posting timestamps are off...that should read 10:38 am...not 11:38am.

    I sold my TNA position as RUT hit 451 (453 right now) good for a quick 7.6%.
  • 1165/1169 for NDX

    if the Dow starts trading below 8497..short it otherwise its likely going higher.
  • bad news for AAPL i guess nfineon's press release on its outlook states that "revenues in the Wireless Solutions segmen"� in the December quarter "are anticipated to be strongly negatively impacted by the weakening of global demand and, in addition, by a reduction in demand at one specific customer." Several analysts have expressed iPhone production concerns and Citi analyst Greg Yeung said that one specific customer in Infineon's statement is Apple (AAPL)

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