Howling About Revolving Credit
Wolf Street howls about credit.
Position: None
Covered My Index Shorts
On the strong rhetoric out of Iran I have covered the balance of my index shorts:
* $SPY $738.24
* $QQQ $708.96
I will be baaack!
3 Massive IPOs Undermine Nvidia’s Market Leadership
The AI sector is undergoing a substantial change as new giants enter the fray.
Tweet of the Day
Position: None
Taking It Back to VS
I have taken a profit on this morning’s index trading, bringing positions now back down to very small:
* SPY $738.69
* QQQ $709.56
I plan to re-short strength.
Position: Short SPY (VS), QQQ (VS)
Shorting Indices on a Scale
I shorted SPY/QQQ on a scale this morning.
Here is my cost basis:
* $SPY $741.71
* $QQQ $713.01
Position: Short SPY (S), QQQ (S)
From VS to S
On the rally back to flat (on futures) I have moved from VS to S in my index shorts.
Position: Short SPY (S), QQQ (S)