Santa Rally no more?
Today (18 Dec 2022) marks the first year of my Youtube sharing journey! Very grateful and appreciative of all the support received for my videos and channel. A big thank you!
Anyway, the stock market experienced a heavy sell off last week - both S&P500 and Nasdaq closed below the 50 moving average. Things are looking really bearish now.
So will we still have a Santa rally this year? I shared my views on this question in my latest video, and also what to look out for on the technical charts leading up to the year end. Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Nvidia
From YouTube
$SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $NVIDIA(NVDA.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $iShares Russell 2000 ETF(IWM.US$ $Dow Jones Industrial Average(.DJI.US$ $Meta Platforms(META.US$ $Amazon(AMZN.US$ $Microsoft(MSFT.US$ $Alphabet-A(GOOGL.US$ $Advanced Micro Devices(AMD.US$ $USD(USDindex.FX$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $Crude Oil Futures(JUL4)(CLmain.US$ $Netflix(NFLX.US$ $Adobe(ADBE.US$ $U.S. 10-Year Treasury Notes Yield(US10Y.BD$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $Nasdaq Composite Index(.IXIC.US$ $Palantir(PLTR.US$ $Grab Holdings(GRAB.US$
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美股长谈 : You are really hardworking, come here every day
icezzz : If sell put option, can close before expiry date? And also how to do rollover?
Cow Moo-neyOP 美股长谈:
Cow Moo-neyOP icezzz: Yup it can be closed early by buying the contract back.
For rolling of option, you will have to buy back the Put contract, and then sell another Put contract with a further date, with the same or different strike price
icezzz Cow Moo-neyOP: Thanks for sharing
美股长谈 Cow Moo-neyOP: How long have you been in the US stock market
Cow Moo-neyOP 美股长谈: It's only been over a year, I'm still a beginner, please give me more advice
Cow Moo-neyOP icezzz: You’re welcome :)
Anthony Flewelling : so how do i begin if any takers