Quick Update Oct 20
off to work, today I'm looking for a good morning hopefully more. I'm still long CORN $Teucrium Commodity Trust Corn Fd Shs(CORN.US$ . I have not sold my TQQQ yet $ProShares UltraPro QQQ ETF(TQQQ.US$ .
The dollar looks to be dropping for now, supporting the markets (should help CLF)
I sold my SLB (they were expiring Friday) and a block of BKR $Baker Hughes(BKR.US$ but i still hold quite a bit (they expire in NOV).
I am still watching CLF $Cleveland-Cliffs(CLF.US$ it is consolidating, Alcoa reported yesterday and had a terrible miss, this is slightly concerning but only slightly, Nucor reports aftermarket and that will be more telling.
i would post a pic of my positions, but I can't while my system is running (it thinks someone is trying to hack my account if I try, I will later when I shut it down to cool off and update) Down the mountain I go, as always -
Good Luck ![]()
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Engineer, Commodity Buyer, Alert Bettor,
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warrior-sailormoon : Stay safe
日生人王 : An update from you in this challenging market is very helpful!! All the best!!
Revelation 6 : Thanks
icezzz : Thanks for update us. What’s ur target exit price for Tqqq?
102539156 Dan : U r betting on snap earnings beat?
Thelord : Nucor dumped. Will CLF have similar fate?
iamiamOP icezzz: I'll trim options here today, but no target, ill hold stock until momentum shifts, then I'm out.
iamiamOP Thelord: probably, it will follow general sympathy
LEng LEng : Thanks for the updating
101828445 iamiamOP: Could you update when the momentum’s gonna shift?
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