@ShibaMiyuki:I opened 1 lot(s) $ALB.HK 20240530 87.50 CALL$ ,Just a directional bet on BABA since I offloaded alot of long positions in BABA in case BABA had blow out earnings and flies to the moon.
Learning how to control your investment and reduce your risk. Hope I can manage it.
@melson:$SPDR S&P 500 ETF Trust(SPY)$ bounced without closing gap at 394. by the pnf plot, it appears to be trending up towards 440. $US10Y(US10Y.BOND)$ appears to be retreating after the fed pause. the market starts selling whenever us10y approaches 5%. $FTSE 100(.UKX.UK)$ is the forward indicator of spy. spy might lag ukx's lead. ukx has also bounced off support but yet to have confirmation from pnf that a trend reversal has started. headwinds: us government shutdown looming nov 17, weak chinese economic data and property crisis, us inflation, war, etc. the bounce might indicate that all the headwinds have been price