Stocks
- Both SPY and QQQ gained around 4% to 6% since last Fri's closing price and partially due to this one Fed member named Daly who said some things about a possible slow down for the next rate hike.
SPY
QQQ
- TSLA gained around 4.6% as well despite twitter overhang and 'bad' earnings call according to 'analysts'.
TSLA
- Looks like share price has a strong support at 200, so far lowest was 202 and every time price seems to want to go under 200, buyers will appear to bring the price. I dare say we won't hit under 200 as long the top few market cap companies doesn't do too bad for their earnings in the upcoming week.
- As of this week, holdings include 2k shares and 400k of cash to buy under 200s if opportunity presents itself. This week according to some, may be the last week for EM to sell to fund Twitter.
- Technically might be the last chance to get cheap shares, at least I still have shares to ride up if a pump comes.
- Need to understand that one cannot have the best of everything, ideally to have equity and fixed income via dividends or selling options on indices/strong companies with higher IVs like AMZN and AAPL.
- TSLA daily charts looks like a double bottom is forming so may expect to see a rally in the coming days.
Life
- Swollen eye is 95% recovered.
- Went back to work place to climb for the first time outside working hours, good to see many new upgrades in place...pkl
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