$ProShares UltraPro Short QQQ(SQQQ)$ Picking up more shares but with more caution. Still seeing a very fragile US market as the condition of its economy remains veiled. It is all starting to seem very orchestrated.
$Pony AI Inc(PONY)$ Closing out positions that I had averaged in earlier at a lower cost. Decided to trade ranges instead given how fragile the market is right now.
$Pony AI Inc(PONY)$ Averaging in again as I feel the dip is an opportunity to size up. Will have to reassess again if the dip is caused by funds offloading.
$10-YR T-NOTE - main 2506(ZNmain)$ Maintaining a bullish outlook overall despite common sentiment that the bond market will tank. The market is still digesting the news of the recent downgrade on 16 May 2025. The graph attached references the high of the 10Y Yield Curve on 19 May, starting it's ascent after the news. The yield pared back and is currently attempting to ascend again to new highs. Media outlets have portrayed the US Treasuries to be vulnerable at present but I feel there are other factors to consider: 1. This is not the first time a downgrade has happened and history has proven that it bounces back each time 2. A potential lower interest rate environment may be more imminent than perceived 3.
$Pony AI Inc(PONY)$ Averaging in again at a lower price. Unsure of the reason for the sell-off over the past few days, but still seeing this as an entry opportunity.
$MIU.HK 20250730 57.50 PUT$ Averaging up the cost of my short put position as the underlying's price continued it's downward trend. Still bullish in the short term but will have to actively manage volatility risk.
$SQQQ 20250620 21.5 PUT$ The overall equity market seems to be out of whack in comparison to other financial indicators such as volatility and yield. Markets seem to be shrugging off any pessimism thrown at it - geopolitical tensions, rising oil prices and the upcoming FOMC rate guidance. I am more comfortable taking on a short position for this week.
$Xiaomi Corp.(XIACY)$ Buying in with positive expectations for earnings release happening next week. Will be looking forward to seeing a substantial increase in revenue, possibly even an upward revision for 2025 guidance!
$Tempus AI(TEM)$ Taking profit from Thursday's trade as the market presented an opportunity. Will get in again before earnings if the level is right. Current price could already reflect anticipated earnings!
$PLTR 20250523 124.0 PUT$ Bullish in the short term for today as I believe markets were slightly oversold due to downgrading sentiment. The recent downgrade has been a long time coming.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Will be monitoring my position even though I personally feel rate cut hype will fade. Earnings from chip makers have been good but still see an opportunity to average down my cost.
$Xiaomi Corp.(XIACY)$ Buying the dip from the last rally. Bullish in the short term but will be monitoring prices closely given the current market conditions.
$PLTR 20250523 124.0 PUT$ Closing out my previous short put as I have achieved the objective of my trade, will be looking out for my opportunities. Caution and restraint seems to be crucial this week!
$Lululemon Athletica(LULU)$ Closing out my position in LULU slowly as I see better opportunities opening up. Decided to take a loss although LULU is still considered a great business with upside potential.
$IONQ 20250822 39.0 PUT$ Decided to close my short put as I'm contented with the percentage made. Taking the win first as I'm unsure of market direction for the rest of the day.