Market up 7th day in a row but held Back by major resistance & choppy trade

Samwise Model Portfolios
The portfolios below are separated by launch dates. Each portfolio is entirely independent and has no bearing on any other model portfolio. We launch entirely new portfolios during each market correction as an illustrative tool for new subscribers who weren't present during...

Please login to view this page.

0 0 votes
Article Rating
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Tevfik Gezgin

Given how close the correction/pull back is and also VIX is at one of its lowest levels in a long time, would an option trade with strike out ~6 months on VIX calls (say for strike 17) be a relatively low risk trade? Thank you.

Eric T.

Sam, what probability would you assign to the two possibilities: that SPY/QQQ just roll over here or we proceed to new highs. I know it still seems uncertain, but what’s your gut feeling?

NeverGonnaLetYouDown

(Nov 27 at 10h00) It looks like if NVDA remains in the mid 133 for one or two more hours then RSI will reach about 26 on the hourly. QQQ swings like a whip while SPY holds. Boring and uncomfortable at the same time :/

Last edited 1 year ago by NeverGonnaLetYouDown
Scroll to Top