Saturday, 3 September 2022

US unemployment went up but market rallied and then fell back

 Stocks

  • From fri's unemployment report, unemployment rate went up which meant less labour pressure on the economy due to wage growth.







  • Market pumped till mid day before falling negative as fears of aggressive rate hikes are still very real.













  • Nord stream 1 apparently closed for "maintenance" but seems like a political play.
  • Sold monthly puts, some naked calls and some naked otm puts for next week. If TSLA falls to 225, will be assigned 4k shares. :)












  • Next week will be a short week, don't see a big fall due to constant falling over past week
  • Flat growth for current week's profit due to rolling of previous puts.











Life
  • Will be doing 246 schedule for month of SEP, cash payment ranging from $9 - $11 per hour
  • School holidays for SGN, hoping PZ to be less busy...PKL

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