Hi - just wondering which broker you prefer in doing your trades?
Sensei
· 2 years ago
I use Ameritrade for my stocks and I trade most of my money at Rydex utilizing the double beta mutual funds.
Bruce
· 2 years ago
Ever look at Interactive Brokers? I've been thinking about changing considering their commissions are so low (0.005 / share), but haven't heard about anyone using them so not sure how good they are. Any thoughts on them?
Sensei
· 2 years ago
I've known people to use them because of the ability to trade everything under the sun there. Commodities, futures, foreign exchanges, etc. I filled out the paperwork a couple of times, but have never followed through.
Tom
· 2 years ago
Has anyone looked into the divergence between SMH and QQQQ?
It looks like unless SMH confirms the QQQQ, there is room for a downside move in tech.
Watching it very closely.
Other sectors poised to drop lower...
I am looking at shorts on OIH and XLF. Short XLF especially if today's FOMC minutes reflect a "one and done" position vs. more rate cuts to come.
Sensei
· 2 years ago
I love the OIH short. Thanks for the idea. One of my systems has it on a sell today at the close.
XLF and SMH look aok though.
Sensei
· 2 years ago
Looks like yesterdays move canceled out my sell signal...OIH breaking up.
All Comments
It looks like unless SMH confirms the QQQQ, there is room for a downside move in tech.
Watching it very closely.
Other sectors poised to drop lower...
I am looking at shorts on OIH and XLF. Short XLF especially if today's FOMC minutes reflect a "one and done" position vs. more rate cuts to come.
XLF and SMH look aok though.