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2024
July 31st, 2020 at 4:20 pm
Done with /ES, that line seems to be holding up.
No more shorts then – nice bonus into the weekend – maybe I'll get takeout…
Damn, I remember when I used to play for Hamilton Tickets or First Class Upgrades.
Kind of takes the fun out of making money when there's nothing to spend it on….
SKT/Rookie – Occupancy for 2020 has dipped from the usual 96% to 92% – the first time in 25 years they've been below 96%. I'm betting this year shall pass and they will go back to having 4% more average occupancy and paying their usual dividends, which would make $6.41 quite a bargain.
INTC/SK – Intel is down 45%? Or do you mean the options trade that has 809% upside potential in 18 months is down 45% at the moment? Do you see the support at the $45 line. If that breaks, I will be worried. INTC fell from $60 to $45 in March (also on earnings) and then went back to $60 so I regretted not buying it and this time, it hit $50 so I decided to buy it and it's been down for a whole week out of 78 weeks ahead in this trade so cut and run if you think you have to – it's not necessarily going to go straight up from here. For that you should buy….
And what Rookie said, soon to be renamed Veteran.
And, by the way, read the whole Strategy Section, especially the linked article on Scaling In and also read the Education Archives – lots of good stuff there.
CBOE/Ilene – They are reasonably priced at $9.4Bn and good for about $400M in earnings but nothing exciting there to me. Why are you asking?
Well, once again the markets had a fantastic close – erasing all the losses for the day. Next week is NFP on Friday and the unemployment bonuses are over – we'll see how things go.