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fernando's avatar

proud to be part of the pride!!! thanks for all you do greg.

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Sticks-n-Bones's avatar

It’s a beautiful thing we got here

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trumpHELL666's avatar

That's wise. It takes way too much capital to hold stock positions. You can do more with fewer options.

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Anthony's avatar

Ya it's hard to have long term faith in these markets or economic conditions

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Retire Young Live Longer's avatar

So your saying not opening up new trades on Spy after we close out of 366 call?

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Gregory Mannarino's avatar

Core positions are not trades, they are taking ownership in a company by owning the stock. I will continue to trade as usual, just no core positions..

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Retire Young Live Longer's avatar

Thank you for the clarification. You had said you had closed all your core positions many months ago, hence the confusion.

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Johnny Ricco's avatar

Done Thanks so much Greg!

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Mark Gellermann's avatar

Yes if you wish to use option trading you can do well whichever way the market moves up down or sideways. But, let's review the current US Dollar which the vast majority of basic commodities

derive their value on. As the dollar continues to fall as it did today, then conversely commodities

will go higher over time. If you look at all mining stocks "other than precious metals" you will

see a consistent increase of these stocks prices going forward. So, if the dollar is diving then

the commodities will go inversely proportionately and equally upward. As we all know the

silver and gold markets have been manipulated by the large Wall Street Banks through the

derivatives they control/write. So, this is exactly why silver and gold remain severely restricted

in upward moves and not because of the dollar inversion calculus you see playing out over

the bulk of commodities. RIO and others have trended upward and many regions in the

world other than the US are currently moving into Quad 2 and you can see large increases

in their indexes as far as upward drift forwards which is good for prepositioning moves in

other markets and indexes.

Domestically, US producers as well as metal producers will remain increasing for example AA

and X are moving higher as the dollar devalues with the defacement currently occurring due

to the Fed infusion of dollars in the market as well as the idiocy of the US Government having

reduced taxes for the higher echelons of high income individuals and international corporations

while burgeoning the federal budget deficit through ballooning military increases etc. resulting

in now a 26 Trillion Dollar Black Hole we will have to deal with in the future. In all this picture,

you see National Deindustrialization that has gone over twenty to thirty years as production

businesses have left for cheaper labor and lower regulations. However, this has resulted in

the "Hollowing Out of the Actual American Industrial Production Sector" inclusive of production

and oaring and refining metals. This to should be a market area to take advantage of because

as the dollar goes down in value then domestic production and producers will become prolifically

more able to compete with world markets as other nations currency or commodity values will

move to domestic US production for the domestic consumers. This just makes sense typically

in terms of transportation costs of product, etc., etc.

So, I would be bullish on international commodities as outlined as well as domestic producers

and refiners of metals needed for production of things here in the US as the dollar further weakens in buying value over time.

In that China is inextricably attached to world market consumption of their produced products

as the dollar wanes than the Chinese exflow of their produced items will falter as well as why

would you produce your things in China when in fact you can setup production plants in the US

for those very same consumer items with a weaker dollar. Rather, a weaker dollar in the long

term allows capital to flow into rather than out of the US and other Western Markets for

production centers. The only measure the Chinese could then do would be to weaken their

own remnimbi/ yuan values and then believe it or now "buy" US Dollars so as to thwart the

reality of the reverse international movement towards the weaker dollar so US and Western

Markets.

In all this analysis, it is far "better" for every nation to have it's own production specifically

for their own domestic consumption in order to stabilize their own domestic markets as

international supply chains, etc. start splitting apart. Typically, this is a win win for both Chinese,

Russians, Americans, Brits, etc. as this will allow the actual normalization and reset typically that

results in the most wealth equal distribution that results again in more wealth growth in all the

domestic areas of each individual nation rather than one or two or five.

This should allow better results for all people around the world. Amen!

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Cindy Gannon's avatar

Glad to be part of the pride.

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