Market/Position Updates.
From Greg M
Its 6:53pm PST and right now DOW futures are higher by triple digits. More importantly, the 10yr yield is rising, its 0.77% If this continues to morning, stocks will gain here so we continue to remain in the right spots with XLF and SPY. I also believe GLD and SLV will gain moving forward and I am still in all four of these positions.
With taking on a new position, you have to think ahead a bit. As I say, buy options out several months. The farther out you buy the less risk, but also less reward. You should also by buying, in my opinion, just OTM.
Some things to keep in mind.
GM
Thanks Greg. You are the only guy I trust to tell it straight. I have been spreading the word. Keep your powder dry, my friend ;)
Tesla 4/24 700 call, not financial advice. Overnight hold sell into strength in the morning. Good scalp, imho