SPX Still seeing a lot

    Posted by fundamentalvalues on 1st of Jul 2022 at 03:41 pm

    SPX Still seeing a lot of bears demanding new lows. A nice long weekend will give them something to think about now. This was an objective long set up and the trade is working. Can't argue wtih price until you can. Not getting caught up in a view. I'll trade what's in front of me. I did trim 9% of my LABU position at the highs just now $7.33. So far so good since the $4s. There were opportunities to play with a hedge when it rested as well. I made 3 major LABD trades. Beautiful dividends is how I consider those profits while I wait. 

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