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NAIIM  exposure dropped from 96

Posted by rbreese on 23rd of Feb 2024 at 06:16 am

NAIIM  exposure dropped from 96 to 75  percent   area . So pretty big drop for sure. Never did get to 100 percent invested. 

Even NVDA could not lift

Posted by rbreese on 22nd of Feb 2024 at 04:38 pm

Even NVDA could not lift these little guys all with Black candles   AI   PLTR   SOUN.  Maybe the market will settle down some. 

Sure feels like a Mini

Posted by rbreese on 22nd of Feb 2024 at 04:27 pm

Sure feels like a Mini blow off  top in QQQs so I bought SQQQ   10.97.  

Matt  Thanks. 

To Matt or Steve is

Posted by rbreese on 22nd of Feb 2024 at 12:01 pm

To Matt or Steve is there a chance that we have new highs on SPY  and DIA too this could be a wave 5 high? 

Will loss of leadership from

Posted by rbreese on 22nd of Feb 2024 at 11:08 am

Will loss of leadership from AAPL and TSLA effect overall market? 

Some positive divergences SDOW on

Posted by rbreese on 22nd of Feb 2024 at 10:45 am

Some positive divergences SDOW on daily so went long 16.88. 

No surprise breadth 5300 to

Posted by rbreese on 22nd of Feb 2024 at 10:42 am

No surprise breadth 5300 to 3400   about these levels not even 2 to 1 up so far. 

Sold AAPL puts  when stock

Posted by rbreese on 22nd of Feb 2024 at 10:38 am

Sold AAPL puts  when stock was 182.58 

NVDA   about 775  highs

Posted by rbreese on 22nd of Feb 2024 at 07:25 am

NVDA   about 775  highs and now 757 area all premarket 

AAII Sentiment Bulls up to

Posted by rbreese on 22nd of Feb 2024 at 06:40 am

AAII Sentiment Bulls up to 44.2 percent from about 42.0 percent 

Closed out AAPL puts 4.25.

Posted by rbreese on 21st of Feb 2024 at 04:00 pm

Closed out AAPL puts 4.25. No position. 

Shorted  RIG at average 4.905

Posted by rbreese on 21st of Feb 2024 at 11:36 am

Shorted  RIG at average 4.905 . Covered   RIG   4.79.

Bought IDCC 108.75

Posted by rbreese on 21st of Feb 2024 at 09:58 am

Bought IDCC 108.75

Bought AAPL Mar puts when

Posted by rbreese on 21st of Feb 2024 at 09:39 am

Bought AAPL Mar puts when it tried to rally but failing at 200 day Long at 3.45 sold half at 3.80. 

INTC   admitted that they were way behind in building FAB plants for several reasons. A good friend who helps build FABS says it takes 2 to 3 years to build one so INTC is going to struggle even if BIDEN sends funds.

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