Well, technicals, FED rate cut (maybe Jan30), blah blah blah... all reasons for a bounce. sure, but as you all know a bounce literally means it will eventually head back down. so i welcome a bounce short-term.
China gloom is here. Bank of China has a subprime mess themselves
A trading buddy "Gio" got a nice short on *ahem* ultraputs (FXP). but as you all know itʻs set to go much higher.
Wait til the employment rate rockets higher, then the bears will have their day... i mean year...
Iʻm just buying puts... hereʻs my plan so far
Any stock that has 3 digits (DECK, CMG, FWLT, GS) are on my radar first.
any vacation related: LVS, HET, airlines
then any tech... especially semi. AAPL may survive longer than all tech
then any military heavy selling firm, if a democrat gets in office
lastly, small boxed retail...
This weekʻs earnings are full of questions... much to sift through.
Hereʻs hoping for a nice bounce Monday before Tuesdayʻs eco: jobless claims, home sales, crude inventory
Asia & Europe is getting pounded as i type this...