bmneveu's Account Talk

Bull flag on SQQQ. Bad sign for the tech sector, but you can make money in a bear market if you bet on short tickers like SQQQ. I might put a few bucks in it and see what happens.

Sold AAPL and GOOGL. Love the companies but I think I'll get them at a discount here in the next week or two.
 
3100's are looking near certain pre-election. Momentum is showing that direction but it won't be straight down. Still a gap to fill up to 3385 in the ST.

AAPL heading for 100 levels, but TSLA somehow holding up.
 
I'm out, 100% G today. Too many bear signals.

This coupled with selling off my biggest tech positions the day prior has my total exposure between TSP and trading account at about 10%. There doesn't seem to be much wrong with tech other than it being overbought, so maybe we get a nice healthy correction out of the way and then continue on. That said, COVID round 2 and election season seem to be playing a role. Wouldn't COVID be good for tech though? It was the first time around. Hmm.
 
Overnight futures look strong right now. Would be interesting to see what the historics look like on the first day or two of a new quarter.
 
Congrats to everyone who put on their sticky pants in September and are now being rewarded. Some nice gains lately.
 
Head and Shoulders pattern on DOCU?


Sold DOCU today for a 53% gain since June 11, and ZG for a 26% gain since August 24. Love the companies, not so much the charts. I will buy them again eventually, but I think they sell off over the next few months.
 
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